2022
Exports
$279MWorld Rnk 31 / 221
Flag Rnk 175 / 1211
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 909 / 1025
2022
Imports
$134MWorld Rnk 52 / 218
Flag Rnk 310 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $279M in Knit Sweaters, making it the 31st largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 175th most exported product in Thailand. The main destination of Knit Sweaters exports from Thailand are: United States ($121M), Japan ($40.3M), Germany ($28.3M), China ($14.1M), and United Kingdom ($11.3M).

The fastest growing export markets for Knit Sweaters of Thailand between 2021 and 2022 were United States ($46M), Germany ($7.04M), and China ($6.11M).

Imports In 2022, Thailand imported $134M in Knit Sweaters, becoming the 52nd largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 310th most imported product in Thailand. Thailand imports Knit Sweaters primarily from: China ($98M), Italy ($5.8M), Vietnam ($5.79M), Bangladesh ($4.02M), and Spain ($3.71M).

The fastest growing import markets in Knit Sweaters for Thailand between 2021 and 2022 were China ($47.2M), Vietnam ($3.4M), and Italy ($3.12M).

COMPANIES In 2023, leading companies such as Adidas (47), Cooper Lighting Solutions (25), and Nike (2) were at the forefront of shipping Knit Sweaters from Thailand 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 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)$279M
IMPORTS (2022)$134M
NET TRADE (2022)$145M

In 2022, Thailand exported $279M in Knit Sweaters. The main destinations of Thailand exports on Knit Sweaters were United States ($121M), Japan ($40.3M), Germany ($28.3M), China ($14.1M), and United Kingdom ($11.3M).

In 2022, Thailand imported $134M in Knit Sweaters, mainly from China ($98M), Italy ($5.8M), Vietnam ($5.79M), Bangladesh ($4.02M), and Spain ($3.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$46M (61.6%)
Germany$7.04M (33.2%)
China$6.11M (76.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Thailand WERE (2021 - 2022):
Belgium-$20.6M (-71.4%)
Japan-$6.91M (-14.6%)
United Kingdom-$1.99M (-15%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Knit Sweaters were:
In 2022, Thailand'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+ $38.9M
TOP IMPORT POTENTIALChina+ $33.7M

Knit Sweaters’s highest export potential is United States. With an export gap of $38.9M.   Knit Sweaters’s highest import potential is China with an import gap of $33.7M.

See methodology.

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