Knit Active Wear in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $71.2M in Knit Active Wear, making it the 17th largest exporter of Knit Active Wear in the world. At the same year, Knit Active Wear was the 468th most exported product in United Kingdom. The main destination of Knit Active Wear exports from United Kingdom are: Ireland ($11.7M), United States ($9.84M), South Korea ($9.74M), Netherlands ($7.3M), and Belgium ($5.5M).

The fastest growing export markets for Knit Active Wear of United Kingdom between 2021 and 2022 were Ireland ($7.73M), Netherlands ($2.34M), and Belgium ($1.41M).

Imports In 2022, United Kingdom imported $426M in Knit Active Wear, becoming the 3rd largest importer of Knit Active Wear in the world. At the same year, Knit Active Wear was the 291st most imported product in United Kingdom. United Kingdom imports Knit Active Wear primarily from: China ($150M), Cambodia ($49.3M), Turkey ($43.1M), France ($25.1M), and Pakistan ($24.1M).

The fastest growing import markets in Knit Active Wear for United Kingdom between 2021 and 2022 were China ($32.1M), Cambodia ($18M), and Bangladesh ($6.41M).

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Knit Active Wear exports accounted up to £3.36M and imports accounted up to £17.3M, resulting in a negative trade balance of £13.9M. Between January 2023 and January 2024 the exports of United Kingdom's Knit Active Wear have decreased by £-1.83M (-35.2%) from £5.18M to £3.36M, while imports decreased by £-6.15M (-26.3%) from £23.4M to £17.3M.

Destinations In January 2024, Knit Active Wear were exported mostly to United States (£1.14M), South Korea (£494k), Ireland (£367k), Belgium (£293k), and Germany (£292k), and were imported mostly from China (£7.13M), Pakistan (£1.67M), Cambodia (£1.47M), Italy (£1.05M), and Bangladesh (£1.05M).

Growth In January 2024, the decrease in Knit Active Wear's year-by-year exports was explained primarily by a decrease in exports to N/A. In January 2024, the decrease in Knit Active Wear's year-by-year imports was explained primarily by a decrease in imports from Turkey (£-1.88M or -65.8%), France (£-779k or -52.4%), and Italy (£-508k or -40.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£-1.83M(-35.2%)

IMPORT GROWTH (January 2023 - January 2024)£-6.15M(-26.3%)

MAIN EXPORTER (January 2024)London Heathrow Airport£1.46M

MAIN DESTINATION (January 2024)United States£1.14M

This section shows Knit Active Wear'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 Active Wear over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

EXPORTS (2022)$71.2M

IMPORTS (2022)$426M

NET TRADE (2022)-$355M

In 2022, United Kingdom exported $71.2M in Knit Active Wear. The main destinations of United Kingdom exports on Knit Active Wear were Ireland ($11.7M), United States ($9.84M), South Korea ($9.74M), Netherlands ($7.3M), and Belgium ($5.5M).

In 2022, United Kingdom imported $426M in Knit Active Wear, mainly from China ($150M), Cambodia ($49.3M), Turkey ($43.1M), France ($25.1M), and Pakistan ($24.1M).

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