2022
Exports
$30.6BWorld Rnk 2 / 226
Flag Rnk 1 / 96
2022
PRODUCT COMPLEXITY IN Knitted clothing accesories
-0.71Rnk 761 / 1025
2022
Imports
$106MWorld Rnk 108 / 224
Flag Rnk 60 / 96
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $30.6B in Knitted clothing accesories, making it the 2nd largest exporter of Knitted clothing accesories in the world. At the same year, Knitted clothing accesories was the 1st most exported product in Bangladesh. The main destination of Knitted clothing accesories exports from Bangladesh are: Germany ($5.87B), United States ($3.35B), United Kingdom ($2.81B), Spain ($2.46B), and Poland ($2.04B).

The fastest growing export markets for Knitted clothing accesories of Bangladesh between 2021 and 2022 were Germany ($1.05B), United Kingdom ($894M), and United States ($617M).

Imports In 2022, Bangladesh imported $106M in Knitted clothing accesories, becoming the 108th largest importer of Knitted clothing accesories in the world. At the same year, Knitted clothing accesories was the 60th most imported product in Bangladesh. Bangladesh imports Knitted clothing accesories primarily from: China ($52.6M), United Kingdom ($26.5M), United Arab Emirates ($14.5M), India ($5.2M), and Hong Kong ($1.85M).

The fastest growing import markets in Knitted clothing accesories for Bangladesh between 2021 and 2022 were United Kingdom ($26.5M), China ($6.44M), and United Arab Emirates ($5.04M).

COMPANIES In 2023, leading companies such as H&M Clothing (346), PVH (Phillips-Van Heusen Corporation) (336), and Walmart (78) were at the forefront of shipping Knitted clothing accesories from Bangladesh 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 Knitted clothing accesories. 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)$30.6B
IMPORTS (2022)$106M
NET TRADE (2022)$30.5B

In 2022, Bangladesh exported $30.6B in Knitted clothing accesories. The main destinations of Bangladesh exports on Knitted clothing accesories were Germany ($5.87B), United States ($3.35B), United Kingdom ($2.81B), Spain ($2.46B), and Poland ($2.04B).

In 2022, Bangladesh imported $106M in Knitted clothing accesories, mainly from China ($52.6M), United Kingdom ($26.5M), United Arab Emirates ($14.5M), India ($5.2M), and Hong Kong ($1.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted clothing accesories EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Germany$1.05B (21.8%)
United Kingdom$894M (46.7%)
United States$617M (22.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted clothing accesories BY Bangladesh WERE (2021 - 2022):
Russia-$680M (-100%)
Austria-$428M (-68.6%)
Saudi Arabia-$245M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Knitted clothing accesories were:
China $83.9B
Vietnam $19.1B
In 2022, Bangladesh's main importing competitors in Knitted clothing accesories were:

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Trade Value of Knitted clothing accesories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.99B
TOP IMPORT POTENTIALChina+ $37.6M

Knitted clothing accesories’s highest export potential is United States. With an export gap of $1.99B.   Knitted clothing accesories’s highest import potential is China with an import gap of $37.6M.

See methodology.

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