Trade Resources Industry Views Main Export Catchments of China's The Knitting Machinery

Main Export Catchments of China's The Knitting Machinery

China's Knitting Machinery Exports from Jan. to May, 2012

HS Code

Product Name

Unit

Quantity

Value(U.S. dollars)

Year on Year Growth(±%)

Quantity

Value

8447

Knitting machines, stitch-bonding machines and thick pine spiral flower line, tulle, lace, embroidery, trimmings, braid or net and manufacturing machines and tufting machines (hereinafter referred to as "knitting machinery")

PCS

50,994

226,767,337

-26.9

-15.7

8448

Machine auxiliaries listed in 8444,8445,8446 or 8447 (hereinafter referred to as "assistive devices and spare parts)

-

24,922,381

208,265,508

-11

-11.5

8445

 

Pretreatment machine of textile fibers; spinning machines and line machines, twisting machines and other machinery for textile yarn production; reeling machine, winder machine (including weft machine) and textile yarn pretreatment machine in 8446 or 8447

PCS

28,346

110,542,634

755.1

98.1

8444

Chemical textile fiber extrusion, stretching, deformation or cutting machines

PCS

4,294

108,850,292

6.8

8

8446

Loom

PCS

17,964

85,807,217

84.8

61

8449

Shaped felt or nonwovens manufacturing or management machine, including the machine for making felt hats; cap mold

kg

5,633,381

30,587,934

21.9

17.3


According to customs statistics, the accumulative export value of China’s knitting machinery was $ 227 million in the first five months of 2012, down 15.7%, ranking first, followed by the auxiliary device and spare parts, with exports of about $ 208 million, down 11.5%. The third was chemical textile fiber extrusion, drawing, texturing or cutting machine, whose export volume grew by 755.1% and export value increased by 98.1% over the previous year.

China's Knitting Machinery (HS: 8447) Export Quantity and Value from Jan. to May, 2012

Month

Quantity (PCS)

Value (USD)

Year on year growth (±%)

Quantity

Value

Jan.

12,605

47,220,065

-20

-17.4

Feb.

5,568

31,195,054

-49.1

-10.2

Mar.

11,827

51,066,187

-33

-7.3

Apr.

9,274

43,109,662

-27.3

-32.2

May

11,720

54,176,369

-7.4

-7.3

Total

50,994

226,767,337

-26.9

-15.7


China's Knitting Machinery (HS: 8447) Exports (by Countries /Regions) from Jan. to May, 2012

No.

Countries / Regions

Quantity(million ton)

Value(million USD)

Year on year growth (±%)

Quantity

Value

1

India

66.07

5358

-57.5

-56.3

2

Pakistan

19.61

3141

31.2

48.4

3

Bengal

135.71

2480

-47.9

45.7

4

Indonesia

25.50

1467

68.8

7.3

5

Vietnam

16.04

1082

45.7

58.2

6

Russian Federation

26.55

839

90.5

80.4

7

The USA

17.83

576

-36.2

44.5

8

Japan

42.20

532

-1.4

-0.6

9

Thailand

13.84

530

110.7

29.6

10

Turkey

4.14

511

43.3

17.8

China's Knitting Machinery (HS:8447) Exports in 2012

From Jan. to May 2012, in the view of export quantity, six in the top ten export destination countries / regions increased while the other four got negative growth. Seen from the year-on-year growth, countries achieved large increase were Thailand (up 110.7%), Russian Federation (up 90.5 percent) and Indonesia (up 68.8%), while India (down 57.5%) and Bangladesh country (down 47.9%) decreased largely. It is notable that Thailand had replaced Brazil to be one of the China's knitting machinery top ten destination countries / regions.

China's Main Export Catchments of Knitting Machinery(HS: 8447), Jan.-May 2012

 

No.

Cities/Provinces

Quantity (PCS)

Value (USD)

Year-on-year growth (± %)

Quantity

Value

1

Zhejiang

19,768

124,547,753

-20.9

-30.3

2

Jiangsu

14,177

27,982,363

-40.1

7.2

3

Guangdong

6,562

23,343,417

-16.3

25.2

4

Fujian

5,464

19,676,659

-37.4

-5.5

5

Shanghai

2,120

17,834,741

-9.9

26.8

6

Tianjin

337

3,273,650

130.8

24

7

Beijing

142

2,680,992

-30.4

-4.1

8

Shandong

419

2,586,903

-29.2

2

9

Liaoning

205

972,506

-33.9

56.6

10

Anhui

90

947,866

0

27.6

11

Chongqing

45

798,112

4400

11514

12

Hunan

15

592,481

0

0

13

Hubei

472

327,376

-20.5

-56

14

Hebei

179

257,443

-15.2

14

15

Xinjiang

17

135,339

54.5

141.7

16

Heilongjiang

21

116,900

320

145.7

17

Inner Mongolia

558

110,534

6100

754.3

18

Jiangxi

303

106,753

5960

306.1

19

Jilin

8

105,233

-60

5161.7

20

Shannxi

13

99,315

550

298.4

Zhejiang, Jiangsu, Guangdong, Fujian and Shanghai are the top five export catchments of China's the knitting machinery. From Jan. to May 2012, total knitting machinery exports of the above provinces and cities accounted for 94.1% of China's total. However, all their export volume decreased to different extent, in which Jiangsu decreased most, by 40.1%.

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China's Knitting Machinery (HS:8447) Exports in 2012
Topics: Machinery