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611780 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.17BRnk 1939 / 4644
2023
Top Exporter | Top Importer $740M | $207MChina | United States
2023
Product Complexity -1.54Rnk 4301 / 4656
2022 - 2023
Export Growth (CAGR) -9.44%Rnk 2631 / 4644
2023
Share of World Trade 0.0052%Rnk 1939 / 4644

About

Overview This page contains the latest trade data of Clothing accessories nes, of textile material, knit. In 2023, Clothing accessories nes, of textile material, knit were the world's 1939th most traded product, with a total trade of $1.17B. Between 2022 and 2023 the exports of Clothing accessories nes, of textile material, knit decreased by -9.44%, from $1.3B to $1.17B. Trade in Clothing accessories nes, of textile material, knit represent 0.0052% of total world trade.

Clothing accessories nes, of textile material, knit are a part of Other Knit Clothing Accessories.

Exports In 2023 the top exporters of Clothing accessories nes, of textile material, knit  were China ($740M), Italy ($40.8M), Spain ($29.2M), Vietnam ($27.6M), and Germany ($26.5M).

Imports In 2023 the top importers of Clothing accessories nes, of textile material, knit were United States ($207M), Japan ($77.5M), Germany ($65.4M), Malaysia ($46.8M), and India ($44.5M).

Ranking Clothing accessories nes, of textile material, knit ranks 4301st in the Product Complexity Index (PCI).

Description Clothing accessories are what is used to help with the appearance of an outfit. Textile material is what is used to create fabrics that are used to make clothes. Knit is a type of textile material that is made by pulling a loop of yarn through a row of stitches on a knitting needle.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Clothing accessories nes, of textile material, knit. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$740M
Top Destination (2023)United States$207M

In 2023 Clothing accessories nes, of textile material, knit were the world's 1939th most traded product (out of 4,644).

In 2023, the top exporters of Clothing accessories nes, of textile material, knit were China ($740M), Italy ($40.8M), Spain ($29.2M), Vietnam ($27.6M), and Germany ($26.5M).

In 2023, the top importers of Clothing accessories nes, of textile material, knit were United States ($207M), Japan ($77.5M), Germany ($65.4M), Malaysia ($46.8M), and India ($44.5M).

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Exporters of Clothing accessories nes, of textile material, knit (2023)
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Importers of Clothing accessories nes, of textile material, knit (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$8.87M
Top Destination Growth (2022 -  2023)Malaysia$15.1M

Between 2022 and 2023, the exports of Clothing accessories nes, of textile material, knit grew the fastest in United Kingdom ($8.87M), Burma ($4.31M), Hong Kong ($3.92M), Portugal ($2.23M), and Netherlands ($2.15M).

Between 2022 and 2023, the fastest growing importers of Clothing accessories nes, of textile material, knit were Malaysia ($15.1M), United Arab Emirates ($13M), Algeria ($2.72M), India ($2.45M), and Democratic Republic of the Congo ($2.33M).

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Exporters of Clothing accessories nes, of textile material, knit (2022 - 2023)

Importers of Clothing accessories nes, of textile material, knit (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Clothing accessories nes, of textile material, knit.

In 2023, market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Clothing accessories nes, of textile material, knit are explained by 7 countries.

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Value of Exports in Clothing accessories nes, of textile material, knit

Net Trade

TOP NET EXPORTER (2023)China$733M
TOP NET IMPORTER (2023)United States$187M

This map shows which countries export or import more of Clothing accessories nes, of textile material, knit. Each country is colored based on the difference in exports and imports of Clothing accessories nes, of textile material, knit during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Clothing accessories nes, of textile material, knit were China ($733M), Italy ($17.1M), Burma ($9.75M), Sri Lanka ($9.33M), and Chinese Taipei ($8.74M).

In 2023, the countries that had a largest trade value in imports than in exports of Clothing accessories nes, of textile material, knit were United States ($187M), Japan ($74M), Malaysia ($44.6M), South Korea ($40.1M), and Germany ($38.9M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Clothing accessories nes, of textile material, knit.
It is possible to select the main countries that export or import Clothing accessories nes, of textile material, knit in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Clothing accessories nes, of textile material, knit by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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