2022
Exports
$578MWorld Rnk 23 / 226
Flag Rnk 88 / 1194
2022
PRODUCT COMPLEXITY IN Knit T-shirts
-1.34Rnk 921 / 1025
2022
Imports
$99.5MWorld Rnk 60 / 223
Flag Rnk 354 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $578M in Knit T-shirts, making it the 23rd largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 88th most exported product in Indonesia. The main destination of Knit T-shirts exports from Indonesia are: United States ($188M), Japan ($81.9M), South Korea ($47.3M), Germany ($40.6M), and United Kingdom ($20.5M).

The fastest growing export markets for Knit T-shirts of Indonesia between 2021 and 2022 were Germany ($17.4M), United States ($15.5M), and United Kingdom ($11.8M).

Imports In 2022, Indonesia imported $99.5M in Knit T-shirts, becoming the 60th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 354th most imported product in Indonesia. Indonesia imports Knit T-shirts primarily from: China ($41.3M), Bangladesh ($16.4M), Vietnam ($12.4M), Spain ($7.73M), and Singapore ($3.99M).

The fastest growing import markets in Knit T-shirts for Indonesia between 2021 and 2022 were China ($3.74M), Malaysia ($1.37M), and Vietnam ($1.27M).

COMPANIES In 2023, leading companies such as Banana Republic (43), Gap (8), and Athleta (8) were at the forefront of shipping Knit T-shirts from Indonesia to the United States.

Latest Trends

Jul 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 (2022)$578M
IMPORTS (2022)$99.5M
NET TRADE (2022)$479M

In 2022, Indonesia exported $578M in Knit T-shirts. The main destinations of Indonesia exports on Knit T-shirts were United States ($188M), Japan ($81.9M), South Korea ($47.3M), Germany ($40.6M), and United Kingdom ($20.5M).

In 2022, Indonesia imported $99.5M in Knit T-shirts, mainly from China ($41.3M), Bangladesh ($16.4M), Vietnam ($12.4M), Spain ($7.73M), and Singapore ($3.99M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Germany$17.4M (74.7%)
United States$15.5M (8.96%)
United Kingdom$11.8M (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Indonesia WERE (2021 - 2022):
Russia-$2.51M (-83%)
China-$2.3M (-10.7%)
Guinea-$1.76M (-50.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Knit T-shirts were:
In 2022, Indonesia'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+ $67.4M
TOP IMPORT POTENTIALBangladesh+ $19.2M

Knit T-shirts’s highest export potential is United States. With an export gap of $67.4M.   Knit T-shirts’s highest import potential is Bangladesh with an import gap of $19.2M.

See methodology.

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