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2022
Exports $6.96BWorld Rnk 1 / 193
Flag Rnk 98 / 1216
2022
Destination $91.9M United States
2021 - 2022
FASTEST GROWING MARKET $91.9MKyrgyzstan
2022
PRODUCT COMPLEXITY IN Knit Women's Undergarments-1.38Rnk 928 / 1025
2022
Imports $40.6MWorld Rnk 50 / 214
Flag Rnk 821 / 1212
2022
Origin $1.17M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $1.17MBangladesh
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $6.96B in Knit Women's Undergarments, making it the 1st largest exporter of Knit Women's Undergarments in the world. At the same year, Knit Women's Undergarments was the 98th most exported product in China. The main destination of Knit Women's Undergarments exports from China are: United States ($1.65B), Japan ($490M), South Korea ($372M), Germany ($284M), and United Kingdom ($275M).

The fastest growing export markets for Knit Women's Undergarments of China between 2021 and 2022 were Kyrgyzstan ($91.9M), Germany ($43.1M), and Singapore ($37.6M).

Imports In 2022, China imported $40.6M in Knit Women's Undergarments, becoming the 50th largest importer of Knit Women's Undergarments in the world. At the same year, Knit Women's Undergarments was the 821st most imported product in China. China imports Knit Women's Undergarments primarily from: Vietnam ($9.63M), Sri Lanka ($5.09M), China ($3.59M), Bangladesh ($3.47M), and Netherlands ($2.7M).

The fastest growing import markets in Knit Women's Undergarments for China between 2021 and 2022 were Bangladesh ($1.17M), Belgium ($643k), and United Kingdom ($490k).

COMPANIES In 2023, leading companies such as CrimsonLogic (567), Itourscm (302), and Gap (258) were at the forefront of shipping Knit Women's Undergarments from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Knit Women's Undergarments exports accounted up to $549M and imports accounted up to $2.28M, resulting in a positive trade balance of $546M. Between November 2023 and November 2024 the exports of China's   Knit Women's Undergarments have increased by $1.92M (0.35%) from $547M to $549M, while imports increased by $205k (9.91%) from $2.07M to $2.28M.

Destinations In November 2024, Knit Women's Undergarments were exported mostly to United States ($123M), Japan ($34.7M), Kyrgyzstan ($24.8M), South Korea ($24.6M), and United Kingdom ($17.9M), and were imported mostly from Vietnam ($781k), Sri Lanka ($341k), Bangladesh ($245k), Cambodia ($213k), and Indonesia ($201k).

Growth In November 2024, the increase in Knit Women's Undergarments's year-by-year exports was explained primarily by an increase in exports to Kazakhstan ($15.1M or 781%), Australia ($7.85M or 35.9%), and Vietnam ($7.49M or 139%). In November 2024, the increase in Knit Women's Undergarments's year-by-year imports was explained primarily by an increase in imports from Bangladesh ($331k or 147%), Sri Lanka ($268k or 43.4%), and Cambodia ($76.2k or 43.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$1.92M(0.35%)
IMPORT GROWTH (November 2023 - November 2024)$205k(9.91%)
MAIN EXPORTER (November 2024)Zhejiang Province$159M
MAIN DESTINATION (November 2024)United States$123M

This section shows Knit Women's Undergarments's exports and imports data at subnational level for China. 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 Women's Undergarments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.96B
IMPORTS (2022)$40.6M
NET TRADE (2022)$6.91B

In 2022, China exported $6.96B in Knit Women's Undergarments. The main destinations of China exports on Knit Women's Undergarments were United States ($1.65B), Japan ($490M), South Korea ($372M), Germany ($284M), and United Kingdom ($275M).

In 2022, China imported $40.6M in Knit Women's Undergarments, mainly from Vietnam ($9.63M), Sri Lanka ($5.09M), China ($3.59M), Bangladesh ($3.47M), and Netherlands ($2.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Undergarments EXPORT MARKETS FOR China WERE (2021 - 2022):
Kyrgyzstan$91.9M (118%)
Germany$43.1M (17.9%)
Singapore$37.6M (54.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Undergarments BY China WERE (2021 - 2022):
United States-$148M (-8.24%)
Hong Kong-$40.3M (-48.1%)
Saudi Arabia-$29.1M (-20.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Knit Women's Undergarments were:
Bangladesh $1.74B
Vietnam $1.05B
In 2022, China's main importing competitors in Knit Women's Undergarments were:
United States $4.19B
Germany $1.23B
United Kingdom $817M

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Trade Value of Knit Women's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $53.9M
TOP IMPORT POTENTIALVietnam+ $11.3M

Knit Women's Undergarments’s highest export potential is Russia. With an export gap of $53.9M.   Knit Women's Undergarments’s highest import potential is Vietnam with an import gap of $11.3M.

See methodology.

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