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2022
Exports $76.7MWorld Rnk 16 / 193
Flag Rnk 789 / 1217
2022
Destination $22.3M Kuwait
2021 - 2022
FASTEST GROWING MARKET $22.3MKuwait
2022
PRODUCT COMPLEXITY IN Knit Active Wear-0.86Rnk 791 / 1025
2022
Imports $1.42BWorld Rnk 1 / 212
Flag Rnk 324 / 1216
2022
Origin $83.2M China
2021 - 2022
FASTEST GROWING ORIGIN $83.2MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $76.7M in Knit Active Wear, making it the 16th largest exporter of Knit Active Wear in the world. At the same year, Knit Active Wear was the 789th most exported product in United States. The main destination of Knit Active Wear exports from United States are: Kuwait ($23.1M), Mexico ($15.1M), Canada ($13.1M), Poland ($2.61M), and United Arab Emirates ($2.47M).

The fastest growing export markets for Knit Active Wear of United States between 2021 and 2022 were Kuwait ($22.3M), Mexico ($6.48M), and Canada ($4.75M).

Imports In 2022, United States imported $1.42B in Knit Active Wear, becoming the 1st largest importer of Knit Active Wear in the world. At the same year, Knit Active Wear was the 324th most imported product in United States. United States imports Knit Active Wear primarily from: China ($583M), Vietnam ($363M), Indonesia ($125M), Cambodia ($70M), and Sri Lanka ($68.1M).

The fastest growing import markets in Knit Active Wear for United States between 2021 and 2022 were China ($83.2M), Vietnam ($72.1M), and Indonesia ($19.3M).

COMPANIES In 2023, leading companies such as Old Navy (353), Athleta (123), and You Hao Trading (76) were at the forefront of shipping Knit Active Wear to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Knit Active Wear exports accounted up to $2.49M and imports accounted up to $21.8M, resulting in a negative trade balance of $19.3M. Between September 2023 and September 2024 the exports of United States'   Knit Active Wear have decreased by $-4.48M (-64.3%) from $6.97M to $2.49M, while imports decreased by $-15.2M (-41.2%) from $37M to $21.8M.

Destinations In September 2024, Knit Active Wear were exported mostly to Mexico ($905k), Canada ($801k), Germany ($212k), Netherlands ($201k), and South Korea ($74.8k), and were imported mostly from Vietnam ($6.96M), China ($6.62M), Cambodia ($1.49M), Colombia ($1.36M), and Indonesia ($1.36M).

Growth In September 2024, the decrease in Knit Active Wear's year-by-year exports was explained primarily by a decrease in exports to Canada ($-223k or -11.9%), Italy ($-156k or -65.9%), and United Arab Emirates ($-88.6k or -66.3%). In September 2024, the decrease in Knit Active Wear's year-by-year imports was explained primarily by a decrease in imports from China ($-18.7M or -25.3%), Ethiopia ($-2.24M or -100%), and India ($-518k or -79.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-4.48M(-64.3%)
IMPORT GROWTH (September 2023 - September 2024)$-15.2M(-41.2%)
MAIN EXPORTER (September 2024)California$3.22M
MAIN DESTINATION (September 2024)Mexico$905k

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$76.7M
IMPORTS (2022)$1.42B
NET TRADE (2022)-$1.34B

In 2022, United States exported $76.7M in Knit Active Wear. The main destinations of United States exports on Knit Active Wear were Kuwait ($23.1M), Mexico ($15.1M), Canada ($13.1M), Poland ($2.61M), and United Arab Emirates ($2.47M).

In 2022, United States imported $1.42B in Knit Active Wear, mainly from China ($583M), Vietnam ($363M), Indonesia ($125M), Cambodia ($70M), and Sri Lanka ($68.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Active Wear EXPORT MARKETS FOR United States WERE (2021 - 2022):
Kuwait$22.3M (2.88k%)
Mexico$6.48M (75.4%)
Canada$4.75M (56.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Active Wear BY United States WERE (2021 - 2022):
China-$3.05M (-67.9%)
Colombia-$1.24M (-78.3%)
Russia-$387k (-51.1%)
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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 Knit Active Wear were:
China $2.33B
Vietnam $632M
Germany $400M
In 2022, United States's main importing competitors in Knit Active Wear were:
Germany $708M
United Kingdom $426M

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Trade Value of Knit Active Wear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $3.76M
TOP IMPORT POTENTIALBangladesh+ $21.7M

Knit Active Wear’s highest export potential is Canada. With an export gap of $3.76M.   Knit Active Wear’s highest import potential is Bangladesh with an import gap of $21.7M.

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