HS Icon Knit Men's Suits

Suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches, shorts (not swimwear); men's or boys', knitted or crocheted

6103 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Knit Men's Suits. In 2021, Knit Men's Suits were the world's 274th most traded product, with a total trade of $14.6B. Between 2020 and 2021 the exports of Knit Men's Suits grew by 37%, from $10.7B to $14.6B. Trade in Knit Men's Suits represent 0.069% of total world trade.

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Exports In 2021 the top exporters of Knit Men's Suits  were China ($4.52B), Vietnam ($1.26B), Bangladesh ($1.19B), Cambodia ($789M), and Turkey ($639M).

Imports In 2021 the top importers of Knit Men's Suits were United States ($3.38B), Germany ($773M), Japan ($770M), United Kingdom ($712M), and Italy ($523M).

Tariffs In 2018 the average tariff for Knit Men's Suits was 23.3%, making it the 59th lowest tariff using the HS4 product classification.

Ranking Knit Men's Suits ranks 907th in the Product Complexity Index (PCI).

Description Men's suits are used to make clothing for men. Men's suits can be made from a variety of materials, including cotton, wool, silk, and polyester.

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The following visualization shows the latest trends on Knit Men's Suits. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $4.52B

Top Destination (2021): United States, $3.38B

Knit Men's Suits are the world's 274th most traded product.

In 2021, the top exporters of Knit Men's Suits were China ($4.52B), Vietnam ($1.26B), Bangladesh ($1.19B), Cambodia ($789M), and Turkey ($639M).

In 2021, the top importers of Knit Men's Suits were United States ($3.38B), Germany ($773M), Japan ($770M), United Kingdom ($712M), and Italy ($523M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $1.03B

Top Destination Growth (2020 -  2021): United States, $1.19B

Between 2020 and 2021, the exports of Knit Men's Suits grew the fastest in China ($1.03B), Bangladesh ($504M), Vietnam ($289M), Turkey ($253M), and Pakistan ($204M).

Between 2020 and 2021, the fastest growing importers of Knit Men's Suits were United States ($1.19B), Germany ($240M), Spain ($165M), Italy ($161M), and Japan ($159M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Knit Men's Suits.

In 2021, market concentration measured using Shannon Entropy, was 4.31. This means that most of the exports of Knit Men's Suits are explained by 19 countries.

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TOP NET EXPORTER (2021): China, $4.3B

TOP NET IMPORTER (2021): United States, $3.28B

This map shows which countries export or import more of Knit Men's Suits. Each country is colored based on the difference in exports and imports of Knit Men's Suits during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Knit Men's Suits were China ($4.3B), Vietnam ($1.21B), Bangladesh ($1.19B), Cambodia ($781M), and Turkey ($557M).

In 2021, the countries that had a largest trade value in imports than in exports of Knit Men's Suits were United States ($3.28B), Japan ($752M), United Kingdom ($612M), Germany ($499M), and Canada ($373M).

Disaggregation

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Value

In 2021, the world most traded Knit Men's Suits, disaggragated by their HS6 level were Mens, boys trousers & shorts, of... ($6.48B), Mens, boys trousers, shorts, of synthetic... ($4.74B), Mens, boys jackets & blazers, cotton,... ($752M), Mens, boys jackets & blazers, synthetic... ($698M), and Mens, boys trousers & shorts, of... ($564M)

Country Comparison

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Ranking

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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