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611691 (Harmonized System 1992 for 6-digit)

2023
World Trade $94.6MRnk 4081 / 4644
2023
Top Exporter | Top Importer $44.8M | $13.1MChina | United States
2023
Product Complexity -1.16Rnk 3966 / 4656
2022 - 2023
Export Growth (CAGR) -16.9%Rnk 3416 / 4644
2023
Share of World Trade 0.00042%Rnk 4081 / 4644

About

Overview This page contains the latest trade data of Gloves, mittens or mitts, nes, of wool or hair, knit. In 2023, Gloves, mittens or mitts, nes, of wool or hair, knit were the world's 4081st most traded product, with a total trade of $94.6M. Between 2022 and 2023 the exports of Gloves, mittens or mitts, nes, of wool or hair, knit decreased by -16.9%, from $114M to $94.6M. Trade in Gloves, mittens or mitts, nes, of wool or hair, knit represent 0.00042% of total world trade.

Gloves, mittens or mitts, nes, of wool or hair, knit are a part of Knit Gloves.

Exports In 2023 the top exporters of Gloves, mittens or mitts, nes, of wool or hair, knit  were China ($44.8M), Italy ($10.7M), Vietnam ($4.18M), United Kingdom ($3.59M), and Germany ($2.88M).

Imports In 2023 the top importers of Gloves, mittens or mitts, nes, of wool or hair, knit were United States ($13.1M), Russia ($10.1M), Germany ($7.91M), France ($6.61M), and Japan ($6.46M).

Ranking Gloves, mittens or mitts, nes, of wool or hair, knit ranks 3966th in the Product Complexity Index (PCI).

Description The common use of gloves, mittens, or mitts is to keep hands warm. They are often knit of wool, or hair.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Gloves, mittens or mitts, nes, of wool or hair, 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$44.8M
Top Destination (2023)United States$13.1M

In 2023 Gloves, mittens or mitts, nes, of wool or hair, knit were the world's 4081st most traded product (out of 4,644).

In 2023, the top exporters of Gloves, mittens or mitts, nes, of wool or hair, knit were China ($44.8M), Italy ($10.7M), Vietnam ($4.18M), United Kingdom ($3.59M), and Germany ($2.88M).

In 2023, the top importers of Gloves, mittens or mitts, nes, of wool or hair, knit were United States ($13.1M), Russia ($10.1M), Germany ($7.91M), France ($6.61M), and Japan ($6.46M).

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Exporters of Gloves, mittens or mitts, nes, of wool or hair, knit (2023)
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Importers of Gloves, mittens or mitts, nes, of wool or hair, knit (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$2.63M
Top Destination Growth (2022 -  2023)Japan$879k

Between 2022 and 2023, the exports of Gloves, mittens or mitts, nes, of wool or hair, knit grew the fastest in Italy ($2.63M), Cambodia ($1.26M), United Kingdom ($1.04M), Sweden ($554k), and Lithuania ($356k).

Between 2022 and 2023, the fastest growing importers of Gloves, mittens or mitts, nes, of wool or hair, knit were Japan ($879k), Italy ($859k), France ($401k), Kazakhstan ($375k), and Mongolia ($367k).

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Exporters of Gloves, mittens or mitts, nes, of wool or hair, knit (2022 - 2023)

Importers of Gloves, mittens or mitts, nes, of wool or hair, knit (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Gloves, mittens or mitts, nes, of wool or hair, knit.

In 2023, market concentration measured using Shannon Entropy, was 3.43. This means that most of the exports of Gloves, mittens or mitts, nes, of wool or hair, knit are explained by 10 countries.

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Value of Exports in Gloves, mittens or mitts, nes, of wool or hair, knit

Net Trade

TOP NET EXPORTER (2023)China$44M
TOP NET IMPORTER (2023)United States$12.6M

This map shows which countries export or import more of Gloves, mittens or mitts, nes, of wool or hair, knit. Each country is colored based on the difference in exports and imports of Gloves, mittens or mitts, nes, of wool or hair, knit during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Gloves, mittens or mitts, nes, of wool or hair, knit were China ($44M), Italy ($7.32M), Vietnam ($4.1M), Nepal ($2.19M), and Peru ($2M).

In 2023, the countries that had a largest trade value in imports than in exports of Gloves, mittens or mitts, nes, of wool or hair, knit were United States ($12.6M), Russia ($10M), Japan ($6.1M), Germany ($5.03M), and France ($4.99M).

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 Gloves, mittens or mitts, nes, of wool or hair, knit.
It is possible to select the main countries that export or import Gloves, mittens or mitts, nes, of wool or hair, knit in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Gloves, mittens or mitts, nes, of wool or hair, 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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