2022
Exports
$791MWorld Rnk 2 / 210
Flag Rnk 17 / 931
2022
PRODUCT COMPLEXITY IN Other Knit Garments
-1.33Rnk 917 / 1025
2022
Imports
$1.76MWorld Rnk 117 / 217
Flag Rnk 785 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $791M in Other Knit Garments, making it the 2nd largest exporter of Other Knit Garments in the world. At the same year, Other Knit Garments was the 17th most exported product in Bangladesh. The main destination of Other Knit Garments exports from Bangladesh are: Germany ($146M), Spain ($143M), United States ($70.8M), Poland ($49.9M), and United Kingdom ($47.3M).

The fastest growing export markets for Other Knit Garments of Bangladesh between 2021 and 2022 were Germany ($30M), Spain ($23.9M), and United Kingdom ($19.3M).

Imports In 2022, Bangladesh imported $1.76M in Other Knit Garments, becoming the 117th largest importer of Other Knit Garments in the world. At the same year, Other Knit Garments was the 785th most imported product in Bangladesh. Bangladesh imports Other Knit Garments primarily from: China ($812k), United Arab Emirates ($342k), United Kingdom ($308k), Spain ($184k), and Italy ($91.9k).

The fastest growing import markets in Other Knit Garments for Bangladesh between 2021 and 2022 were China ($336k), United Kingdom ($306k), and Spain ($184k).

COMPANIES In 2023, leading companies such as H&M Clothing (3) and Walmart (2) were at the forefront of shipping Other Knit Garments from Bangladesh 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 Other Knit Garments. 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)$791M
IMPORTS (2022)$1.76M
NET TRADE (2022)$789M

In 2022, Bangladesh exported $791M in Other Knit Garments. The main destinations of Bangladesh exports on Other Knit Garments were Germany ($146M), Spain ($143M), United States ($70.8M), Poland ($49.9M), and United Kingdom ($47.3M).

In 2022, Bangladesh imported $1.76M in Other Knit Garments, mainly from China ($812k), United Arab Emirates ($342k), United Kingdom ($308k), Spain ($184k), and Italy ($91.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Knit Garments EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Germany$30M (25.9%)
Spain$23.9M (20.1%)
United Kingdom$19.3M (68.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Knit Garments BY Bangladesh WERE (2021 - 2022):
Saudi Arabia-$23.7M (-100%)
Austria-$11.6M (-80.3%)
Russia-$8.26M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Other Knit Garments were:
China $3.22B
In 2022, Bangladesh's main importing competitors in Other Knit Garments were:

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Trade Value of Other Knit Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $57M
TOP IMPORT POTENTIALChina+ $946k

Other Knit Garments’s highest export potential is United States. With an export gap of $57M.   Other Knit Garments’s highest import potential is China with an import gap of $946k.

See methodology.

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