HS Code:
The category of machines for extruding or drawing man-made textile filaments (HS Code: 8444.00) includes machinery specifically designed for the production of synthetic or artificial textile filaments. These machines are critical in the textile industry for creating fibers such as nylon, polyester, and acrylic, which are used in a variety of applications ranging from clothing to industrial materials. The process involves extruding molten polymer through spinnerets to form continuous filaments, which are then drawn to align the molecular structure and enhance strength and elasticity.
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%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Increased demand for sustainable fibers
Drives innovation in machinery for recycling and producing eco-friendly filaments, boosting trade in advanced equipment.
2021-2022
Automation and Industry 4.0 integration
Growing adoption of smart manufacturing technologies in extrusion machinery, increasing exports from tech-leading countries like Germany and Japan.
2020-2022
Shift of manufacturing to Asia-Pacific
Rising imports of machinery into countries like Vietnam and Bangladesh due to expanding textile industries.
2019-2022
The European Union has introduced stricter regulations under the Green Deal, pushing manufacturers to adopt energy-efficient and low-emission machinery for textile filament production.
March 2023
Increased demand for modern, compliant machinery from European exporters like Germany and Italy.
Ongoing trade disputes have led to higher tariffs on Chinese machinery imports to the US, affecting the supply chain for American textile manufacturers.
January 2023
Potential shift in sourcing to other countries like Japan or Germany, though at higher costs.
A leading Japanese manufacturer unveiled a new high-speed drawing machine with reduced energy consumption, gaining significant market interest.
September 2022
Strengthens Japan's position as a leader in innovative textile machinery exports.