Knit Gloves in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $24M in Knit Gloves, making it the 28th largest exporter of Knit Gloves in the world. At the same year, Knit Gloves was the 704th most exported product in United Kingdom. The main destination of Knit Gloves exports from United Kingdom are: Ireland ($7.85M), Netherlands ($2.12M), United States ($1.48M), Germany ($1.09M), and Belgium ($1.09M).

The fastest growing export markets for Knit Gloves of United Kingdom between 2021 and 2022 were Ireland ($1.62M), United States ($515k), and China ($284k).

Imports In 2022, United Kingdom imported $198M in Knit Gloves, becoming the 7th largest importer of Knit Gloves in the world. At the same year, Knit Gloves was the 452nd most imported product in United Kingdom. United Kingdom imports Knit Gloves primarily from: China ($119M), Pakistan ($17.3M), Sri Lanka ($14.1M), Vietnam ($7.08M), and Malaysia ($4.52M).

The fastest growing import markets in Knit Gloves for United Kingdom between 2021 and 2022 were China ($10.3M), Vietnam ($2.92M), and Pakistan ($2.79M).

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Knit Gloves exports accounted up to £1.21M and imports accounted up to £8.14M, resulting in a negative trade balance of £6.93M. Between February 2023 and February 2024 the exports of United Kingdom's Knit Gloves have decreased by £-154k (-11.3%) from £1.36M to £1.21M, while imports decreased by £-763k (-8.57%) from £8.9M to £8.14M.

Destinations In February 2024, Knit Gloves were exported mostly to Ireland (£294k), Netherlands (£248k), France (£85.7k), United States (£73k), and Spain (£57.6k), and were imported mostly from China (£4.24M), Pakistan (£976k), Sri Lanka (£736k), France (£257k), and Germany (£175k).

Growth In February 2024, the decrease in Knit Gloves's year-by-year exports was explained primarily by a decrease in exports to Spain (£-74k or -75.3%), Finland (£-12.5k or -89.6%), and Germany (£-10k or -20.1%). In February 2024, the decrease in Knit Gloves's year-by-year imports was explained primarily by a decrease in imports from China (£-277k or -5.36%), Sri Lanka (£-238k or -20%), and Indonesia (£-227k or -74.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£-154k(-11.3%)

IMPORT GROWTH (February 2023 - February 2024)£-763k(-8.57%)

MAIN EXPORTER (February 2024)Immingham£380k

MAIN DESTINATION (February 2024)Ireland£294k

This section shows Knit Gloves'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 Gloves over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$24M

IMPORTS (2022)$198M

NET TRADE (2022)-$174M

In 2022, United Kingdom exported $24M in Knit Gloves. The main destinations of United Kingdom exports on Knit Gloves were Ireland ($7.85M), Netherlands ($2.12M), United States ($1.48M), Germany ($1.09M), and Belgium ($1.09M).

In 2022, United Kingdom imported $198M in Knit Gloves, mainly from China ($119M), Pakistan ($17.3M), Sri Lanka ($14.1M), Vietnam ($7.08M), and Malaysia ($4.52M).

Explore Visualizations