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Pricing

Gloves, mittens and mitts; knitted or crocheted

6116 (Harmonized System 1992 for 4-digit)

2023
World Trade $5.14BRnk 529 / 1217
2023
Top Exporter | Top Importer $2.88B | $1.06BChina | United States
2023
Product Complexity -1.03Rnk 861 / 1044
2022 - 2023
Export Growth (CAGR) -11.6%Rnk 797 / 1217
2023
Share of World Trade 0.023%Rnk 529 / 1217

About

Overview This page contains the latest trade data of Knit Gloves. In 2023, Knit Gloves were the world's 529th most traded product, with a total trade of $5.14B. Between 2022 and 2023 the exports of Knit Gloves decreased by -11.6%, from $5.82B to $5.14B. Trade in Knit Gloves represent 0.023% of total world trade.

Knit Gloves are a part of Knitted clothing accesories. They include Gloves impregnated or coated with plastic,rubber, kni, Gloves, mittens or mitts, nes, synthetic fibres, knit, Gloves, mittens or mitts, nes, of cotton, knit, Gloves, mittens or mitts, nes, material nes knit, and Gloves, mittens or mitts, nes, of wool or hair, knit.

Exports In 2023 the top exporters of Knit Gloves  were China ($2.88B), Sri Lanka ($382M), Vietnam ($294M), Pakistan ($234M), and Malaysia ($134M).

Imports In 2023 the top importers of Knit Gloves were United States ($1.06B), Japan ($414M), Germany ($411M), France ($251M), and South Korea ($176M).

Ranking Knit Gloves ranks 861st in the Product Complexity Index (PCI).

Description Gloves, mittens and mitts are used to protect the hands from the cold. Gloves can be made of a variety of materials, including leather, rubber, plastic, or cotton. Mittens and mitts are often made of wool or cotton.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Knit Gloves. 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$2.88B
Top Destination (2023)United States$1.06B

In 2023 Knit Gloves were the world's 529th most traded product (out of 1,217).

In 2023, the top exporters of Knit Gloves were China ($2.88B), Sri Lanka ($382M), Vietnam ($294M), Pakistan ($234M), and Malaysia ($134M).

In 2023, the top importers of Knit Gloves were United States ($1.06B), Japan ($414M), Germany ($411M), France ($251M), and South Korea ($176M).

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Exporters of Knit Gloves (2023)
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Importers of Knit Gloves (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$4.12M
Top Destination Growth (2022 -  2023)Vietnam$18.9M

Between 2022 and 2023, the exports of Knit Gloves grew the fastest in Spain ($4.12M), Honduras ($3.26M), Switzerland ($2.78M), Luxembourg ($2.65M), and Tunisia ($2.51M).

Between 2022 and 2023, the fastest growing importers of Knit Gloves were Vietnam ($18.9M), Tajikistan ($11.9M), South Africa ($9.98M), India ($9.51M), and Philippines ($6.61M).

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Exporters of Knit Gloves (2022 - 2023)

Importers of Knit Gloves (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Knit Gloves.

In 2023, market concentration measured using Shannon Entropy, was 3. This means that most of the exports of Knit Gloves are explained by 7 countries.

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Value of Exports in Knit Gloves

Net Trade

TOP NET EXPORTER (2023)China$2.85B
TOP NET IMPORTER (2023)United States$1.03B

This map shows which countries export or import more of Knit Gloves. Each country is colored based on the difference in exports and imports of Knit Gloves during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Knit Gloves were China ($2.85B), Sri Lanka ($378M), Vietnam ($238M), Pakistan ($231M), and Indonesia ($93.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Knit Gloves were United States ($1.03B), Japan ($410M), Germany ($297M), France ($194M), and Canada ($152M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Knit Gloves, disaggragated by their HS6 level were Gloves impregnated or coated with plastic,rubber,... ($3.21B), Gloves, mittens or mitts, nes, synthetic... ($1.35B), Gloves, mittens or mitts, nes, of... ($338M), Gloves, mittens or mitts, nes, material... ($143M), and Gloves, mittens or mitts, nes, of... ($94.6M)

HS6 Disaggregation for Knit Gloves (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Knit Gloves by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALRussia+ $25.5M
TOP IMPORT POTENTIALVietnam+ $4.64M

Knit Gloves’s highest export potential is Russia. With an export gap of $25.5M.  Knit Gloves’s highest import potential is Vietnam with an import gap of $4.64M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Knit Gloves.

Country by Relatedness

The following visualization shows the relatedness of Knit Gloves to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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