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2022
Exports $2.25BWorld Rnk 20 / 226
Flag Rnk 62 / 96
2022
Destination $95.8M Canada
2021 - 2022
FASTEST GROWING MARKET $95.8MCanada
2022
PRODUCT COMPLEXITY IN Non-knitted clothing accesories-0.62Rnk 737 / 1025
2022
Imports $46.5BWorld Rnk 1 / 226
Flag Rnk 14 / 96
2022
Origin $1.92B China
2021 - 2022
FASTEST GROWING ORIGIN $1.92BBangladesh
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $2.25B in Non-knitted clothing accesories, making it the 20th largest exporter of Non-knitted clothing accesories in the world. At the same year, Non-knitted clothing accesories was the 62nd most exported product in United States. The main destination of Non-knitted clothing accesories exports from United States are: Canada ($642M), Mexico ($414M), United Kingdom ($93M), France ($79.6M), and Italy ($77M).

The fastest growing export markets for Non-knitted clothing accesories of United States between 2021 and 2022 were Canada ($95.8M), Mexico ($31.5M), and Ukraine ($19M).

Imports In 2022, United States imported $46.5B in Non-knitted clothing accesories, becoming the 1st largest importer of Non-knitted clothing accesories in the world. At the same year, Non-knitted clothing accesories was the 14th most imported product in United States. United States imports Non-knitted clothing accesories primarily from: China ($11.8B), Vietnam ($7.37B), Bangladesh ($6.47B), India ($2.96B), and Indonesia ($2.72B).

The fastest growing import markets in Non-knitted clothing accesories for United States between 2021 and 2022 were Bangladesh ($1.92B), China ($1.3B), and Vietnam ($1.05B).

COMPANIES In 2023, leading companies such as Old Navy (8.09k), Gap (3.23k), and CrimsonLogic (2.37k) were at the forefront of shipping Non-knitted clothing accesories to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Non-knitted clothing accesories exports accounted up to $193M and imports accounted up to $2.72B, resulting in a negative trade balance of $2.52B. Between June 2023 and June 2024 the exports of United States'   Non-knitted clothing accesories have decreased by $-28.5M (-12.8%) from $222M to $193M, while imports decreased by $-228M (-7.74%) from $2.95B to $2.72B.

Destinations In June 2024, Non-knitted clothing accesories were exported mostly to Canada ($69.1M), Mexico ($38.7M), United Kingdom ($7.09M), Germany ($6.49M), and France ($6.07M), and were imported mostly from China ($623M), Vietnam ($505M), Bangladesh ($322M), India ($174M), and Mexico ($149M).

Growth In June 2024, the decrease in Non-knitted clothing accesories's year-by-year exports was explained primarily by a decrease in exports to China ($-16.5M or -87.9%), Russia ($-1.04M or -85.3%), and United Arab Emirates ($-597k or -18%). In June 2024, the decrease in Non-knitted clothing accesories's year-by-year imports was explained primarily by a decrease in imports from China ($-93.4M or -11.5%), Ethiopia ($-7.5M or -42.1%), and Honduras ($-4.5M or -16.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-28.5M(-12.8%)
IMPORT GROWTH (June 2023 - June 2024)$-228M(-7.74%)
MAIN EXPORTER (June 2024)California$82.5M
MAIN DESTINATION (June 2024)Canada$69.1M

This section shows Non-knitted clothing accesories's exports and imports data at subnational level for United States. 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 Non-knitted clothing accesories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.25B
IMPORTS (2022)$46.5B
NET TRADE (2022)-$44.3B

In 2022, United States exported $2.25B in Non-knitted clothing accesories. The main destinations of United States exports on Non-knitted clothing accesories were Canada ($642M), Mexico ($414M), United Kingdom ($93M), France ($79.6M), and Italy ($77M).

In 2022, United States imported $46.5B in Non-knitted clothing accesories, mainly from China ($11.8B), Vietnam ($7.37B), Bangladesh ($6.47B), India ($2.96B), and Indonesia ($2.72B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-knitted clothing accesories EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$95.8M (17.5%)
Mexico$31.5M (8.25%)
Ukraine$19M (2.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-knitted clothing accesories BY United States WERE (2021 - 2022):
Ethiopia-$14.4M (-96.4%)
China-$13.9M (-15.8%)
Burkina Faso-$10.3M (-98.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Non-knitted clothing accesories were:
China $75.3B
Bangladesh $24.3B
Vietnam $17.5B
In 2022, United States's main importing competitors in Non-knitted clothing accesories were:
Germany $24.4B
France $12.6B

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Trade Value of Non-knitted clothing accesories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $83M
TOP IMPORT POTENTIALBangladesh+ $1.18B

Non-knitted clothing accesories’s highest export potential is Canada. With an export gap of $83M.   Non-knitted clothing accesories’s highest import potential is Bangladesh with an import gap of $1.18B.

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