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611430 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.76BRnk 773 / 4644
2023
Top Exporter | Top Importer $1.77B | $1.1BChina | United States
2023
Product Complexity -1.81Rnk 4445 / 4656
2022 - 2023
Export Growth (CAGR) -12.6%Rnk 2999 / 4644
2023
Share of World Trade 0.021%Rnk 773 / 4644

About

Overview This page contains the latest trade data of Garments nes, of manmade fibres, knit. In 2023, Garments nes, of manmade fibres, knit were the world's 773rd most traded product, with a total trade of $4.76B. Between 2022 and 2023 the exports of Garments nes, of manmade fibres, knit decreased by -12.6%, from $5.45B to $4.76B. Trade in Garments nes, of manmade fibres, knit represent 0.021% of total world trade.

Garments nes, of manmade fibres, knit are a part of Other Knit Garments.

Exports In 2023 the top exporters of Garments nes, of manmade fibres, knit  were China ($1.77B), Turkey ($409M), Vietnam ($381M), Bangladesh ($260M), and Spain ($247M).

Imports In 2023 the top importers of Garments nes, of manmade fibres, knit were United States ($1.1B), Germany ($466M), Spain ($382M), United Kingdom ($228M), and France ($228M).

Ranking Garments nes, of manmade fibres, knit ranks 4445th in the Product Complexity Index (PCI).

Description Garments are typically used to keep people warm, to protect the wearer from the elements, to protect the wearer from injury, and as a form of self-expression. Manmade fibres are typically used to make garments because they are cheap and last longer, and they can be dyed to any color.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Garments nes, of manmade fibres, 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$1.77B
Top Destination (2023)United States$1.1B

In 2023 Garments nes, of manmade fibres, knit were the world's 773rd most traded product (out of 4,644).

In 2023, the top exporters of Garments nes, of manmade fibres, knit were China ($1.77B), Turkey ($409M), Vietnam ($381M), Bangladesh ($260M), and Spain ($247M).

In 2023, the top importers of Garments nes, of manmade fibres, knit were United States ($1.1B), Germany ($466M), Spain ($382M), United Kingdom ($228M), and France ($228M).

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Exporters of Garments nes, of manmade fibres, knit (2023)
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Importers of Garments nes, of manmade fibres, knit (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Poland$26.9M
Top Destination Growth (2022 -  2023)Portugal$36.8M

Between 2022 and 2023, the exports of Garments nes, of manmade fibres, knit grew the fastest in Poland ($26.9M), Dominican Republic ($9.51M), Mexico ($8.32M), Jordan ($5.51M), and Romania ($5.46M).

Between 2022 and 2023, the fastest growing importers of Garments nes, of manmade fibres, knit were Portugal ($36.8M), Haiti ($10.3M), Vietnam ($9.22M), Serbia ($8.98M), and Chinese Taipei ($8.96M).

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Exporters of Garments nes, of manmade fibres, knit (2022 - 2023)

Importers of Garments nes, of manmade fibres, knit (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Garments nes, of manmade fibres, knit.

In 2023, market concentration measured using Shannon Entropy, was 3.91. This means that most of the exports of Garments nes, of manmade fibres, knit are explained by 15 countries.

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Value of Exports in Garments nes, of manmade fibres, knit

Net Trade

TOP NET EXPORTER (2023)China$1.75B
TOP NET IMPORTER (2023)United States$1.05B

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

In 2023, the countries that had a largest trade value in exports than in imports of Garments nes, of manmade fibres, knit were China ($1.75B), Turkey ($389M), Vietnam ($361M), Bangladesh ($257M), and Cambodia ($134M).

In 2023, the countries that had a largest trade value in imports than in exports of Garments nes, of manmade fibres, knit were United States ($1.05B), Germany ($271M), United Kingdom ($199M), France ($164M), and Canada ($153M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Garments nes, of manmade fibres, 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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