Overview In March 2023 United Kingdom's Knit Sweaters exports accounted up to £29.2M and imports accounted up to £130M, resulting in a negative trade balance of £101M. Between March 2022 and March 2023 the exports of United Kingdom's Knit Sweaters have decreased by £-2.02M (-6.45%) from £31.2M to £29.2M, while imports decreased by £-45.3M (-25.9%) from £175M to £130M.
Destinations In March 2023, Knit Sweaters were exported mostly to Netherlands (£4.59M), France (£4.32M), Ireland (£3.68M), Germany (£2.48M), and Italy (£2.39M), and were imported mostly from Bangladesh (£21.8M), China (£14.6M), Italy (£13.7M), Turkey (£10.2M), and Netherlands (£9.38M).
Growth In March 2023, the decrease in Knit Sweaters's year-by-year exports was explained primarily by a decrease in exports to Israel (£-1.59M or -42%), Australia (£-772k or -70.8%), and Germany (£-673k or -18.2%). In March 2023, the decrease in Knit Sweaters's year-by-year imports was explained primarily by a decrease in imports from Germany (£-2.6M or -36.4%), Madagascar (£-1.81M or -85.7%), and Czechia (£-328k or -50.4%).