2022
Exports
$869MWorld Rnk 15 / 221
Flag Rnk 99 / 1212
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 909 / 1025
2022
Imports
$187MWorld Rnk 44 / 218
Flag Rnk 325 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $869M in Knit Sweaters, making it the 15th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 99th most exported product in India. The main destination of Knit Sweaters exports from India are: United States ($367M), Germany ($86.7M), Netherlands ($37.7M), Switzerland ($27.1M), and El Salvador ($26.2M).

The fastest growing export markets for Knit Sweaters of India between 2021 and 2022 were United States ($33.3M), El Salvador ($19.7M), and Netherlands ($16.4M).

Imports In 2022, India imported $187M in Knit Sweaters, becoming the 44th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 325th most imported product in India. India imports Knit Sweaters primarily from: China ($78.7M), Bangladesh ($57.1M), Spain ($11.9M), Vietnam ($7.26M), and Indonesia ($4.16M).

The fastest growing import markets in Knit Sweaters for India between 2021 and 2022 were China ($26.9M), Bangladesh ($19.5M), and Vietnam ($4.05M).

COMPANIES In 2023, leading companies such as Old Navy (472), Gap (183), and Banana Republic (90) were at the forefront of shipping Knit Sweaters from India to the United States.

Latest Trends

Oct 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 Sweaters. 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)$869M
IMPORTS (2022)$187M
NET TRADE (2022)$682M

In 2022, India exported $869M in Knit Sweaters. The main destinations of India exports on Knit Sweaters were United States ($367M), Germany ($86.7M), Netherlands ($37.7M), Switzerland ($27.1M), and El Salvador ($26.2M).

In 2022, India imported $187M in Knit Sweaters, mainly from China ($78.7M), Bangladesh ($57.1M), Spain ($11.9M), Vietnam ($7.26M), and Indonesia ($4.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$33.3M (9.98%)
El Salvador$19.7M (303%)
Netherlands$16.4M (77.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY India WERE (2021 - 2022):
Afghanistan-$12.5M (-64.6%)
Tanzania-$6.61M (-25.4%)
Austria-$3.77M (-86%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Knit Sweaters were:
In 2022, India's main importing competitors in Knit Sweaters were:

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $209M
TOP IMPORT POTENTIALChina+ $112M

Knit Sweaters’s highest export potential is United States. With an export gap of $209M.   Knit Sweaters’s highest import potential is China with an import gap of $112M.

See methodology.

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