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2022
Exports $83.9BWorld Rnk 1 / 226
Flag Rnk 9 / 96
2022
Destination $955M United States
2021 - 2022
FASTEST GROWING MARKET $955MKyrgyzstan
2022
PRODUCT COMPLEXITY IN Knitted clothing accesories-0.71Rnk 761 / 1025
2022
Imports $3.2BWorld Rnk 19 / 224
Flag Rnk 49 / 96
2022
Origin $133M Italy
2021 - 2022
FASTEST GROWING ORIGIN $133MFrance
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $83.9B in Knitted clothing accesories, making it the 1st largest exporter of Knitted clothing accesories in the world. At the same year, Knitted clothing accesories was the 9th most exported product in China. The main destination of Knitted clothing accesories exports from China are: United States ($16.2B), Japan ($7.61B), Germany ($4.55B), United Kingdom ($3.13B), and South Korea ($2.99B).

The fastest growing export markets for Knitted clothing accesories of China between 2021 and 2022 were Kyrgyzstan ($955M), Germany ($716M), and Philippines ($431M).

Imports In 2022, China imported $3.2B in Knitted clothing accesories, becoming the 19th largest importer of Knitted clothing accesories in the world. At the same year, Knitted clothing accesories was the 49th most imported product in China. China imports Knitted clothing accesories primarily from: Italy ($506M), Vietnam ($426M), France ($358M), China ($357M), and Bangladesh ($170M).

The fastest growing import markets in Knitted clothing accesories for China between 2021 and 2022 were France ($133M), Pakistan ($21.5M), and United States ($10M).

COMPANIES In 2023, leading companies such as CrimsonLogic (3.09k), Itourscm (1.19k), and You Hao Trading (1.13k) were at the forefront of shipping Knitted clothing accesories from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Knitted clothing accesories exports accounted up to $8.23B and imports accounted up to $355M, resulting in a positive trade balance of $7.88B. Between July 2023 and July 2024 the exports of China's   Knitted clothing accesories have decreased by $-54.1M (-0.65%) from $8.29B to $8.23B, while imports increased by $30.7M (9.45%) from $324M to $355M.

Destinations In July 2024, Knitted clothing accesories were exported mostly to United States ($2.25B), Japan ($528M), United Kingdom ($343M), Germany ($307M), and Spain ($239M), and were imported mostly from Italy ($83.9M), Vietnam ($65.9M), Cambodia ($29.5M), Portugal ($26.1M), and China ($21.4M).

Growth In July 2024, the decrease in Knitted clothing accesories's year-by-year exports was explained primarily by a decrease in exports to United States ($-340M or -18.8%), Japan ($-160M or -22.3%), and Chile ($-117M or -42.2%). In July 2024, the increase in Knitted clothing accesories's year-by-year imports was explained primarily by an increase in imports from France ($4.21M or 118%), Sri Lanka ($2.67M or 28.6%), and Jordan ($2.52M or 112%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-54.1M(-0.65%)
IMPORT GROWTH (July 2023 - July 2024)$30.7M(9.45%)
MAIN EXPORTER (July 2024)Zhejiang Province$2.45B
MAIN DESTINATION (July 2024)United States$2.25B

This section shows Knitted clothing accesories's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Knitted clothing accesories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$83.9B
IMPORTS (2022)$3.2B
NET TRADE (2022)$80.7B

In 2022, China exported $83.9B in Knitted clothing accesories. The main destinations of China exports on Knitted clothing accesories were United States ($16.2B), Japan ($7.61B), Germany ($4.55B), United Kingdom ($3.13B), and South Korea ($2.99B).

In 2022, China imported $3.2B in Knitted clothing accesories, mainly from Italy ($506M), Vietnam ($426M), France ($358M), China ($357M), and Bangladesh ($170M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted clothing accesories EXPORT MARKETS FOR China WERE (2021 - 2022):
Kyrgyzstan$955M (93.1%)
Germany$716M (18.7%)
Philippines$431M (40.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted clothing accesories BY China WERE (2021 - 2022):
Hong Kong-$514M (-33.7%)
United States-$435M (-2.61%)
Austria-$185M (-60.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Knitted clothing accesories were:
Bangladesh $30.6B
Vietnam $19.1B
In 2022, China's main importing competitors in Knitted clothing accesories were:
United States $62.6B
Germany $28.4B
United Kingdom $14.1B

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Trade Value of Knitted clothing accesories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $693M
TOP IMPORT POTENTIALVietnam+ $437M

Knitted clothing accesories’s highest export potential is Germany. With an export gap of $693M.   Knitted clothing accesories’s highest import potential is Vietnam with an import gap of $437M.

See methodology.

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