2022
Exports | Imports
$615M | $15.9BWorld Rnk 21 / 221
Flag Rnk 344 / 1217
World Rnk 1 / 218
Flag Rnk 31 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.28Rnk 900 / 1025

About

Exports In 2022, United States exported $615M in Knit Sweaters, making it the 21st largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 344th most exported product in United States. The main destination of Knit Sweaters exports from United States are: Canada ($249M), Mexico ($132M), Nicaragua ($44.3M), Japan ($21M), and United Kingdom ($18.5M).

The fastest growing export markets for Knit Sweaters of United States between 2021 and 2022 were Canada ($46.3M), Nicaragua ($40.3M), and Mexico ($36.8M).

Imports In 2022, United States imported $15.9B in Knit Sweaters, becoming the 1st largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 31st most imported product in United States. United States imports Knit Sweaters primarily from: China ($3.49B), Vietnam ($2.87B), Honduras ($1.24B), Indonesia ($1.03B), and Cambodia ($984M).

The fastest growing import markets in Knit Sweaters for United States between 2021 and 2022 were Vietnam ($300M), Jordan ($255M), and Honduras ($199M).

COMPANIES In 2023, leading companies such as ADIDAS INTERNATIONAL TRADING AG (82.8k), OLD NAVY (CANADA) INC (43.2k), and H&M HENNES & MAURITZ L.P (23.9k) were at the forefront of shipping Knit Sweaters to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$-6.92M(-12%)
IMPORT GROWTH (January 2023 - January 2024)$-155M(-16%)
MAIN EXPORTER (January 2024)California$14.3M
MAIN DESTINATION (January 2024)Canada$20.6M

This section shows Knit Sweaters's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Knit Sweaters over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$615M
IMPORTS (2022)$15.9B
NET TRADE (2022)-$15.3B

In 2022, United States exported $615M in Knit Sweaters. The main destinations of United States exports on Knit Sweaters were Canada ($249M), Mexico ($132M), Nicaragua ($44.3M), Japan ($21M), and United Kingdom ($18.5M).

In 2022, United States imported $15.9B in Knit Sweaters, mainly from China ($3.49B), Vietnam ($2.87B), Honduras ($1.24B), Indonesia ($1.03B), and Cambodia ($984M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$46.3M (22.8%)
Nicaragua$40.3M (1k%)
Mexico$36.8M (38.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY United States WERE (2021 - 2022):
Burkina Faso-$4.88M (-98.8%)
Ethiopia-$4.4M (-99.8%)
Italy-$2.8M (-20.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Knit Sweaters were:
In 2022, United States's main importing competitors in Knit Sweaters were:
Germany $7.28B
Japan $4.37B

Explore Visualizations

Trade Value of Knit Sweaters by Exporters

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