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2022
Exports $714MWorld Rnk 6 / 207
Flag Rnk 13 / 1124
2022
Destination $35.7M United States
2021 - 2022
FASTEST GROWING MARKET $35.7MSpain
2022
PRODUCT COMPLEXITY IN Knit Men's Suits-1.32Rnk 915 / 1025
2022
Imports $19.9MWorld Rnk 77 / 221
Flag Rnk 369 / 1187
2022
Origin $305k China
2021 - 2022
FASTEST GROWING ORIGIN $305kUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Pakistan-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $714M in Knit Men's Suits, making it the 6th largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 13th most exported product in Pakistan. The main destination of Knit Men's Suits exports from Pakistan are: United States ($153M), United Kingdom ($119M), Spain ($96.3M), Germany ($45.7M), and Netherlands ($42.8M).

The fastest growing export markets for Knit Men's Suits of Pakistan between 2021 and 2022 were Spain ($35.7M), Netherlands ($26.7M), and Germany ($16.5M).

Imports In 2022, Pakistan imported $19.9M in Knit Men's Suits, becoming the 77th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 369th most imported product in Pakistan. Pakistan imports Knit Men's Suits primarily from: China ($17.8M), United Arab Emirates ($557k), Italy ($324k), India ($253k), and Vietnam ($174k).

The fastest growing import markets in Knit Men's Suits for Pakistan between 2021 and 2022 were United Arab Emirates ($305k), India ($253k), and Italy ($239k).

COMPANIES In 2023, leading companies such as Adidas (40), Reebok (9), and Nike (5) were at the forefront of shipping Knit Men's Suits from Pakistan to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Knit Men's Suits. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$714M
IMPORTS (2022)$19.9M
NET TRADE (2022)$695M

In 2022, Pakistan exported $714M in Knit Men's Suits. The main destinations of Pakistan exports on Knit Men's Suits were United States ($153M), United Kingdom ($119M), Spain ($96.3M), Germany ($45.7M), and Netherlands ($42.8M).

In 2022, Pakistan imported $19.9M in Knit Men's Suits, mainly from China ($17.8M), United Arab Emirates ($557k), Italy ($324k), India ($253k), and Vietnam ($174k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
Spain$35.7M (58.9%)
Netherlands$26.7M (165%)
Germany$16.5M (56.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY Pakistan WERE (2021 - 2022):
Russia-$5.6M (-91.2%)
Belgium-$3.26M (-36.3%)
Singapore-$1.27M (-48.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Knit Men's Suits were:
China $4.9B
Bangladesh $1.43B
Vietnam $1.42B
In 2022, Pakistan's main importing competitors in Knit Men's Suits were:
United States $3.65B
Germany $921M
United Kingdom $799M

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $83.5M
TOP IMPORT POTENTIALChina+ $8.54M

Knit Men's Suits’s highest export potential is United States. With an export gap of $83.5M.   Knit Men's Suits’s highest import potential is China with an import gap of $8.54M.

See methodology.

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