HS Code:
Drawing or roving machines, classified under HS Code 8445.19, are specialized textile machinery used in the preparation of fibers for spinning. These machines draw out and twist fibers into slivers or rovings, which are intermediate products in the production of yarn. They play a critical role in the textile industry, particularly in the processing of cotton, wool, and synthetic fibers. The global trade of drawing or roving machines reflects the health of the textile manufacturing sector, with demand driven by industrial growth in emerging economies and technological advancements in automation and efficiency.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 350 million
29.2% of total trade of total trade
Increasing
USD 280 million
23.3% of total trade of total trade
Stable
USD 200 million
16.7% of total trade of total trade
Increasing
USD 150 million
12.5% of total trade of total trade
Increasing
USD 100 million
8.3% of total trade of total trade
Stable
Average Rate
5.8% ad valorem
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Shift towards automation and Industry 4.0 integration
Increased demand for high-tech drawing and roving machines with IoT capabilities, driving trade growth in developed markets
2021-2023
Rising textile production in Asia-Pacific
Higher imports of machinery by countries like India, Bangladesh, and Vietnam, boosting trade volumes for exporting nations
2020-2022
Sustainability focus in textile machinery
Growing preference for energy-efficient machines, influencing manufacturers to innovate and adapt to eco-friendly standards
2022-2023
The European Union introduced new regulations requiring textile machinery, including drawing and roving machines, to meet stringent energy efficiency and emission standards.
March 2023
Manufacturers from non-EU countries may face higher compliance costs, potentially affecting trade flows to the region.
A bilateral agreement reduced tariffs on textile machinery, including drawing and roving machines, between China and India to promote industrial cooperation.
July 2022
Increased exports from China to India, strengthening trade ties and boosting market access for Chinese manufacturers.
A leading German manufacturer unveiled a fully automated drawing machine with AI-based predictive maintenance, setting a new industry benchmark.
October 2022
Expected to drive demand for German machinery, reinforcing Germany's position as a market leader in high-end textile equipment.