2022
Exports | Imports
$502M | $3.38BWorld Rnk 24 / 221
Flag Rnk 144 / 1216
World Rnk 5 / 218
Flag Rnk 30 / 1214
2022
ECONOMIC COMPLEXITY of United Kingdom
1.38Rnk 12 / 124
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.28Rnk 900 / 1025

About

Exports In 2022, United Kingdom exported $502M in Knit Sweaters, making it the 24th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 144th most exported product in United Kingdom. The main destination of Knit Sweaters exports from United Kingdom are: Netherlands ($69.8M), Germany ($64.2M), South Korea ($58.1M), United States ($45.7M), and Ireland ($45M).

The fastest growing export markets for Knit Sweaters of United Kingdom between 2021 and 2022 were France ($10.3M), Bangladesh ($6.68M), and Macau ($3.85M).

Imports In 2022, United Kingdom imported $3.38B in Knit Sweaters, becoming the 5th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 30th most imported product in United Kingdom. United Kingdom imports Knit Sweaters primarily from: China ($824M), Bangladesh ($650M), Pakistan ($303M), Turkey ($294M), and Cambodia ($256M).

The fastest growing import markets in Knit Sweaters for United Kingdom between 2021 and 2022 were Bangladesh ($238M), China ($127M), and Cambodia ($115M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Knit Sweaters from United Kingdom to the United States.

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)£-24.7M(-39.7%)
IMPORT GROWTH (December 2022 - December 2023)£-61.3M(-25.9%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)Ireland£6.77M

This section shows Knit Sweaters's exports and imports data at subnational level for United Kingdom. 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 Knit Sweaters over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$502M
IMPORTS (2022)$3.38B
NET TRADE (2022)-$2.88B

In 2022, United Kingdom exported $502M in Knit Sweaters. The main destinations of United Kingdom exports on Knit Sweaters were Netherlands ($69.8M), Germany ($64.2M), South Korea ($58.1M), United States ($45.7M), and Ireland ($45M).

In 2022, United Kingdom imported $3.38B in Knit Sweaters, mainly from China ($824M), Bangladesh ($650M), Pakistan ($303M), Turkey ($294M), and Cambodia ($256M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
France$10.3M (30.7%)
Bangladesh$6.68M (1%)
Macau$3.85M (171%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY United Kingdom WERE (2021 - 2022):
Ireland-$24.9M (-35.7%)
Germany-$14.3M (-18.2%)
Australia-$9.27M (-51.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Knit Sweaters were:
In 2022, United Kingdom's main importing competitors in Knit Sweaters were:

Explore Visualizations

Trade Value of Knit Sweaters by Exporters

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