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Pricing

2018
Exports $188MWorld Rnk 30 / 221
Flag Rnk 580 / 1217
2018
Destination $4.35M Canada
2022 - 2023
FASTEST GROWING MARKET $4.35MJamaica
2023
PRODUCT COMPLEXITY IN Non-Knit Men's Suits-1.21Rnk 878 / 1025
2018
Imports $8.76BWorld Rnk 1 / 225
Flag Rnk 65 / 1215
2018
Origin $166M Bangladesh
2022 - 2023
FASTEST GROWING ORIGIN $166MChina
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2018, United States exported $188M in Non-Knit Men's Suits, making it the 30th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 580th most exported product in United States. The main destination of Non-Knit Men's Suits exports from United States are: Canada ($21.5M), Mexico ($19.9M), Italy ($11.8M), Netherlands ($9.97M), and United Kingdom ($8.56M).

The fastest growing export markets for Non-Knit Men's Suits of United States between 2022 and 2023 were Jamaica ($4.35M), Australia ($3.49M), and Mexico ($2.32M).

Imports In 2023, United States imported $8.76B in Non-Knit Men's Suits, becoming the 1st largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 65th most imported product in United States. United States imports Non-Knit Men's Suits primarily from: Bangladesh ($1.9B), China ($1.41B), Vietnam ($1.09B), Mexico ($974M), and Pakistan ($384M).

The fastest growing import markets in Non-Knit Men's Suits for United States between 2022 and 2023 were China ($166M), Italy ($47.1M), and Tanzania ($4.68M).

COMPANIES In 2023, leading companies such as Old Navy (1.88k), Gap (441), and Kontoor Brands (396) were at the forefront of shipping Non-Knit Men's Suits to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Non-Knit Men's Suits exports accounted up to $32.5M and imports accounted up to $609M, resulting in a negative trade balance of $576M. Between November 2023 and November 2024 the exports of United States'   Non-Knit Men's Suits have increased by $1.04M (3.3%) from $31.5M to $32.5M, while imports increased by $90.9M (17.6%) from $518M to $609M.

Destinations In November 2024, Non-Knit Men's Suits were exported mostly to Canada ($15.5M), Mexico ($5.28M), Italy ($969k), United Kingdom ($963k), and Hong Kong ($926k), and were imported mostly from Bangladesh ($155M), Mexico ($82.4M), Vietnam ($67.7M), China ($66.7M), and Pakistan ($30.6M).

Growth In November 2024, the increase in Non-Knit Men's Suits's year-by-year exports was explained primarily by an increase in exports to Canada ($1.82M or 15.6%), United Kingdom ($573k or 73.1%), and Hong Kong ($435k or 169%). In November 2024, the increase in Non-Knit Men's Suits's year-by-year imports was explained primarily by an increase in imports from Bangladesh ($56.7M or 30.1%), Vietnam ($28.2M or 32.7%), and Indonesia ($12.9M or 37.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$1.04M(3.3%)
IMPORT GROWTH (November 2023 - November 2024)$90.9M(17.6%)
MAIN EXPORTER (November 2024)California$12.7M
MAIN DESTINATION (November 2024)Canada$15.5M

This section shows Non-Knit Men's Suits'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 Non-Knit Men's Suits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$188M
IMPORTS (2023)$8.76B
NET TRADE (2023)-$8.57B

In 2023, United States exported $188M in Non-Knit Men's Suits. The main destinations of United States exports on Non-Knit Men's Suits were Canada ($21.5M), Mexico ($19.9M), Italy ($11.8M), Netherlands ($9.97M), and United Kingdom ($8.56M).

In 2023, United States imported $8.76B in Non-Knit Men's Suits, mainly from Bangladesh ($1.9B), China ($1.41B), Vietnam ($1.09B), Mexico ($974M), and Pakistan ($384M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR United States WERE (2022 - 2023):
Jamaica$4.35M (273%)
Australia$3.49M (109%)
Mexico$2.32M (13.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY United States WERE (2022 - 2023):
Israel-$9.79M (-71.6%)
Canada-$5.51M (-20.4%)
Netherlands-$3.39M (-25.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Non-Knit Men's Suits were:
China $8.81B
Bangladesh $7.68B
Vietnam $2.85B
In 2023, United States's main importing competitors in Non-Knit Men's Suits were:
Germany $4.92B
France $2.4B

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Trade Value of Non-Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $12M
TOP IMPORT POTENTIALChina+ $332M

Non-Knit Men's Suits’s highest export potential is Canada. With an export gap of $12M.   Non-Knit Men's Suits’s highest import potential is China with an import gap of $332M.

See methodology.

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