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2022
Exports $360MWorld Rnk 6 / 190
Flag Rnk 10 / 1074
2022
Destination $8.72M United States
2021 - 2022
FASTEST GROWING MARKET $8.72MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Knit Men's Undergarments-1.37Rnk 926 / 1025
2022
Imports $2.94MWorld Rnk 103 / 217
Flag Rnk 482 / 1171
2022
Origin $186kN/A
2021 - 2022
FASTEST GROWING ORIGIN $186kUnited Kingdom
2022
ECONOMIC COMPLEXITY of Sri Lanka-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $360M in Knit Men's Undergarments, making it the 6th largest exporter of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 10th most exported product in Sri Lanka. The main destination of Knit Men's Undergarments exports from Sri Lanka are: United States ($99.3M), Italy ($52.6M), Netherlands ($47.8M), Germany ($37.1M), and United Kingdom ($34.3M).

The fastest growing export markets for Knit Men's Undergarments of Sri Lanka between 2021 and 2022 were United Kingdom ($8.72M), Netherlands ($7.9M), and Italy ($7.05M).

Imports In 2022, Sri Lanka imported $2.94M in Knit Men's Undergarments, becoming the 103rd largest importer of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 482nd most imported product in Sri Lanka. Sri Lanka imports Knit Men's Undergarments primarily from: N/A.

The fastest growing import markets in Knit Men's Undergarments for Sri Lanka between 2021 and 2022 were United Kingdom ($186k), Hong Kong ($156k), and India ($46.7k).

COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (11), Gildan Activewear (7), and Guess Clothing (2) were at the forefront of shipping Knit Men's Undergarments from Sri Lanka to the United States.

Latest Trends

Sep 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 (2022)$360M
IMPORTS (2022)$2.94M
NET TRADE (2022)$357M

In 2022, Sri Lanka exported $360M in Knit Men's Undergarments. The main destinations of Sri Lanka exports on Knit Men's Undergarments were United States ($99.3M), Italy ($52.6M), Netherlands ($47.8M), Germany ($37.1M), and United Kingdom ($34.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Undergarments EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
United Kingdom$8.72M (34.2%)
Netherlands$7.9M (19.8%)
Italy$7.05M (15.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Undergarments BY Sri Lanka WERE (2021 - 2022):
United States-$2.32M (-2.29%)
Russia-$1.67M (-99.2%)
Poland-$1.37M (-54.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Knit Men's Undergarments were:
China $3.23B
Bangladesh $1.2B
Vietnam $715M
In 2022, Sri Lanka's main importing competitors in Knit Men's Undergarments were:
United States $2.31B
Germany $772M
United Kingdom $503M

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Trade Value of Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.8M
TOP IMPORT POTENTIALIndia+ $526k

Knit Men's Undergarments’s highest export potential is United States. With an export gap of $17.8M.   Knit Men's Undergarments’s highest import potential is India with an import gap of $526k.

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