2023
Exports
$7.83BWorld Rnk 2 / 225
Flag Rnk 1 / 945
2023
PRODUCT COMPLEXITY IN Knit T-shirts
-1.53Rnk 948 / 1025
2023
Imports
$32.3MWorld Rnk 89 / 225
Flag Rnk 257 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $7.83B in Knit T-shirts, making it the 2nd largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 1st most exported product in Bangladesh. The main destination of Knit T-shirts exports from Bangladesh are: Germany ($1.44B), Spain ($760M), United Kingdom ($696M), Poland ($543M), and United States ($450M).

The fastest growing export markets for Knit T-shirts of Bangladesh between 2022 and 2023 were Israel ($31.2M), Mozambique ($14M), and Romania ($13.2M).

Imports In 2023, Bangladesh imported $32.3M in Knit T-shirts, becoming the 89th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 257th most imported product in Bangladesh. Bangladesh imports Knit T-shirts primarily from: China ($12M), United Kingdom ($8.74M), United Arab Emirates ($8.71M), India ($2.12M), and United States ($267k).

The fastest growing import markets in Knit T-shirts for Bangladesh between 2022 and 2023 were China ($5.14M), United Arab Emirates ($3.65M), and United Kingdom ($1.95M).

COMPANIES In 2024, leading companies such as Cotton On (354), Gildan Activewear (120), and Kontoor Brands (46) were at the forefront of shipping Knit T-shirts from Bangladesh to the United States.

Latest Trends

Dec 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 T-shirts. 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 (2023)$7.83B
IMPORTS (2023)$32.3M
NET TRADE (2023)$7.8B

In 2023, Bangladesh exported $7.83B in Knit T-shirts. The main destinations of Bangladesh exports on Knit T-shirts were Germany ($1.44B), Spain ($760M), United Kingdom ($696M), Poland ($543M), and United States ($450M).

In 2023, Bangladesh imported $32.3M in Knit T-shirts, mainly from China ($12M), United Kingdom ($8.74M), United Arab Emirates ($8.71M), India ($2.12M), and United States ($267k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Israel$31.2M (81.4%)
Mozambique$14M (28.4k%)
Romania$13.2M (325%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Bangladesh WERE (2022 - 2023):
Germany-$292M (-16.8%)
United States-$258M (-36.5%)
France-$144M (-28.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Knit T-shirts were:
China $8.58B
Turkey $2.98B
In 2023, Bangladesh's main importing competitors in Knit T-shirts were:

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Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $458M
TOP IMPORT POTENTIALChina+ $6.55M

Knit T-shirts’s highest export potential is United States. With an export gap of $458M.   Knit T-shirts’s highest import potential is China with an import gap of $6.55M.

See methodology.

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