HS Code:
Machines for extruding, drawing, texturing, or cutting man-made textile materials (HS Code: 8444) are specialized industrial equipment used in the textile industry to process synthetic fibers. These machines are critical for producing man-made yarns and fabrics by shaping, stretching, or cutting materials like polyester, nylon, and acrylic. They play a vital role in the production of textiles for clothing, industrial applications, and home furnishings. This category includes machinery for creating filament yarns and staple fibers through processes like extrusion and texturing, which enhance the material's properties such as strength, elasticity, and texture.
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
Stable
USD 100 million
8.3% of total trade of total trade
Decreasing
Average Rate
5.8% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Shift towards automation and energy-efficient machinery
Increased demand for advanced machines with lower operational costs and higher precision, driving innovation in the sector.
2021-2022
Growing demand for sustainable textiles
Rising need for machines capable of processing recycled man-made fibers, influencing manufacturers to adapt equipment designs.
2020-2022
Relocation of textile manufacturing to Asia-Pacific
Higher export volumes of machinery to countries like Vietnam and Bangladesh, reshaping global trade flows.
2019-2022
The European Union introduced stricter safety and environmental standards for textile machinery, requiring manufacturers to adapt designs to comply with energy efficiency and emission norms.
March 2023
Increased production costs for exporters to the EU but potential long-term benefits through market access and sustainability credentials.
China announced subsidies for local manufacturers of textile machinery, aiming to reduce reliance on imported equipment and boost domestic innovation.
January 2023
Potential reduction in imports from traditional leaders like Germany and Japan, reshaping market competition.
Negotiations under the US-China Phase One trade agreement included discussions on reducing tariffs for industrial machinery, including textile equipment.
October 2022
Possible easing of trade barriers, benefiting US importers and Chinese exporters if finalized.