HS4 subsector intelligence

Knitting machines
HS4 8447 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 84471995-2024 coverageDeclining
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$2.3BGlobal subsector value
02

Annual change

-5.2%Latest year on year
03

Exporters

132Active reporting countries
04

Importers

187Active reporting countries
05

HS6 products

4Classifications inside HS4

The subsector read

$2.3B in trade, with -3.5% annualized growth over three years.

Knitting machines is recorded across 2,350 active corridors, with 132 exporters and 187 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $2.8B1996: $3.0B1997: $3.0B1998: $2.5B1999: $2.2B2000: $2.6B2001: $2.1B2002: $2.6B2003: $3.1B2004: $3.1B2005: $3.0B2006: $3.4B2007: $3.7B2008: $3.3B2009: $2.4B2010: $3.0B2011: $3.6B2012: $2.7B2013: $3.0B2014: $3.1B2015: $2.9B2016: $2.9B2017: $3.3B2018: $2.9B2019: $2.3B2020: $1.8B2021: $2.6B2022: $2.7B2023: $2.3B2024: $2.3B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1ChinaCHNIndiaIND$404.4M+19.7%44,252 kmNo
2ChinaCHNBangladeshBGD$138.7M+15.8%43,168 kmNo
3ChinaCHNViet NamVNM$118.0M+6.5%42,732 kmYes
4ChinaCHNPakistanPAK$110.7M+8.1%45,339 kmYes
5ChinaCHNTurkeyTUR$51.0M-20.5%48,004 kmNo
6GermanyDEUTurkeyTUR$44.5M-15.8%41,738 kmYes
7ChinaCHNIndonesiaIDN$43.9M+12.7%44,425 kmYes
8JapanJPNChinaCHN$43.8M-21.5%31,763 kmNo
9JapanJPNUSA, Puerto Rico and US Virgin IslandsUSA$38.7M-9.9%410,872 kmNo
10ChinaCHNEgyptEGY$36.6M+7.9%48,370 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1ChinaCHN$1.3B1774
2JapanJPN$311.8M1034
3GermanyDEU$228.8M1054
4ItalyITA$133.3M884
5TaiwanTWN$97.4M1004
6TurkeyTUR$34.9M894
7Switzerland, LiechtensteinCHE$34.1M504
8USA, Puerto Rico and US Virgin IslandsUSA$31.2M1014
9Republic of KoreaKOR$20.0M644
10Viet NamVNM$17.6M764
Top importers2024 ranking
RankCountryImportsPartnersHS6
1IndiaIND$487.8M344
2BangladeshBGD$192.7M134
3Viet NamVNM$180.0M194
4TurkeyTUR$136.6M334
5USA, Puerto Rico and US Virgin IslandsUSA$133.7M434
6PakistanPAK$130.5M284
7ChinaCHN$81.0M314
8BrazilBRA$62.5M214
9IndonesiaIDN$61.8M224
10MexicoMEX$61.1M524

HS6 product coverage

The products inside HS4 8447

Six-digit classifications make the subsector specific. Browse the product workspace ↗

4 classifications shownKnitting machines
01
Knitting machines: circular, with cylinder diameter not exceeding 165mmHS6 844711
02
Knitting machines: circular, with cylinder diameter exceeding 165mmHS6 844712
03
Knitting machines: flat, stitch-bonding machinesHS6 844720
04
Machines: for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tuftingHS6 844790

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.