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2023
Exports $1.04MWorld Rnk 85 / 191
Flag Rnk 135 / 858
2023
Destination $34.3k United States
2022 - 2023
FASTEST GROWING MARKET $34.3kDenmark
2023
PRODUCT COMPLEXITY IN Knit Men's Undergarments-1.47Rnk 942 / 1025
2023
Imports $1.49MWorld Rnk 122 / 214
Flag Rnk 530 / 1137
2023
Origin $74.4k China
2022 - 2023
FASTEST GROWING ORIGIN $74.4kKenya
2023
ECONOMIC COMPLEXITY of Ethiopia-0.84Rnk 101 / 132

About

Exports In 2023, Ethiopia exported $1.04M in Knit Men's Undergarments, making it the 85th largest exporter of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 135th most exported product in Ethiopia. The main destination of Knit Men's Undergarments exports from Ethiopia are: United States ($393k), Germany ($237k), Poland ($75.5k), Denmark ($51.9k), and Austria ($39.5k).

The fastest growing export markets for Knit Men's Undergarments of Ethiopia between 2022 and 2023 were Denmark ($34.3k), Indonesia ($8.76k), and Kenya ($8.34k).

Imports In 2023, Ethiopia imported $1.49M in Knit Men's Undergarments, becoming the 122nd largest importer of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 530th most imported product in Ethiopia. Ethiopia imports Knit Men's Undergarments primarily from: China ($868k), Turkey ($388k), Kenya ($77.1k), Thailand ($59.5k), and Indonesia ($40.2k).

The fastest growing import markets in Knit Men's Undergarments for Ethiopia between 2022 and 2023 were Kenya ($74.4k), Thailand ($58.4k), and Bangladesh ($19k).

Latest Trends

Dec 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 Undergarments. 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 (2023)$1.04M
IMPORTS (2023)$1.49M
NET TRADE (2023)-$449k

In 2023, Ethiopia exported $1.04M in Knit Men's Undergarments. The main destinations of Ethiopia exports on Knit Men's Undergarments were United States ($393k), Germany ($237k), Poland ($75.5k), Denmark ($51.9k), and Austria ($39.5k).

In 2023, Ethiopia imported $1.49M in Knit Men's Undergarments, mainly from China ($868k), Turkey ($388k), Kenya ($77.1k), Thailand ($59.5k), and Indonesia ($40.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Undergarments EXPORT MARKETS FOR Ethiopia WERE (2022 - 2023):
Denmark$34.3k (194%)
Indonesia$8.76k (4.56k%)
Kenya$8.34k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Undergarments BY Ethiopia WERE (2022 - 2023):
United States-$4.74M (-92.3%)
Germany-$1.04M (-81.4%)
Poland-$591k (-88.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ethiopia's main exporting competitors in Knit Men's Undergarments were:
China $2.48B
Bangladesh $1.08B
Vietnam $638M
In 2023, Ethiopia's main importing competitors in Knit Men's Undergarments were:
United States $1.71B
Germany $562M
Japan $412M

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Trade Value of Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.93M
TOP IMPORT POTENTIALChina+ $858k

Knit Men's Undergarments’s highest export potential is United States. With an export gap of $4.93M.   Knit Men's Undergarments’s highest import potential is China with an import gap of $858k.

See methodology.

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