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Pricing

Jerseys, pullovers, cardigans, waistcoats and similar articles; knitted or crocheted

6110 (Harmonized System 1992 for 4-digit)

2023
World Trade $63.2BRnk 66 / 1217
2023
Top Exporter | Top Importer $19.7B | $14.9BChina | United States
2023
Product Complexity -1.21Rnk 909 / 1044
2022 - 2023
Export Growth (CAGR) -10.1%Rnk 751 / 1217
2023
Share of World Trade 0.28%Rnk 66 / 1217

About

Overview This page contains the latest trade data of Knit Sweaters. In 2023, Knit Sweaters were the world's 66th most traded product, with a total trade of $63.2B. Between 2022 and 2023 the exports of Knit Sweaters decreased by -10.1%, from $70.3B to $63.2B. Trade in Knit Sweaters represent 0.28% of total world trade.

Knit Sweaters are a part of Knitted clothing accesories. They include Pullovers, cardigans etc of cotton, knit, Knit Pullovers & Cardigans (Manmade Fibres), Pullovers, cardigans etc of wool or hair, knit, and Pullovers, cardigans etc of material nes knit.

Exports In 2023 the top exporters of Knit Sweaters  were China ($19.7B), Bangladesh ($6.68B), Vietnam ($4.31B), Italy ($3.9B), and Turkey ($3.13B).

Imports In 2023 the top importers of Knit Sweaters were United States ($14.9B), Germany ($5.42B), Japan ($4.39B), France ($3.55B), and Italy ($2.96B).

Ranking Knit Sweaters ranks 909th in the Product Complexity Index (PCI).

Description Jerseys, pullovers, cardigans, waistcoats and similar articles are knitted or crocheted sweaters. They can be made from a variety of materials, including cotton, wool, silk, polyester and nylon.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Knit Sweaters. 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$19.7B
Top Destination (2023)United States$14.9B

In 2023 Knit Sweaters were the world's 66th most traded product (out of 1,217).

In 2023, the top exporters of Knit Sweaters were China ($19.7B), Bangladesh ($6.68B), Vietnam ($4.31B), Italy ($3.9B), and Turkey ($3.13B).

In 2023, the top importers of Knit Sweaters were United States ($14.9B), Germany ($5.42B), Japan ($4.39B), France ($3.55B), and Italy ($2.96B).

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

Color
Top Origin Growth (2022 -  2023)Italy$322M
Top Destination Growth (2022 -  2023)Kazakhstan$285M

Between 2022 and 2023, the exports of Knit Sweaters grew the fastest in Italy ($322M), Netherlands ($195M), France ($122M), Hong Kong ($50.9M), and Tunisia ($49.2M).

Between 2022 and 2023, the fastest growing importers of Knit Sweaters were Kazakhstan ($285M), Vietnam ($264M), Russia ($218M), Poland ($125M), and China ($88.1M).

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Exporters of Knit Sweaters (2022 - 2023)

Importers of Knit Sweaters (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.21. This means that most of the exports of Knit Sweaters are explained by 18 countries.

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Value of Exports in Knit Sweaters

Net Trade

TOP NET EXPORTER (2023)China$18.5B
TOP NET IMPORTER (2023)United States$14.6B

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

In 2023, the countries that had a largest trade value in exports than in imports of Knit Sweaters were China ($18.5B), Bangladesh ($6.67B), Vietnam ($3.92B), Turkey ($2.77B), and Cambodia ($2.67B).

In 2023, the countries that had a largest trade value in imports than in exports of Knit Sweaters were United States ($14.6B), Japan ($4.27B), Germany ($3.3B), United Kingdom ($2.44B), and France ($2.38B).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Knit Sweaters, disaggragated by their HS6 level were Pullovers, cardigans etc of cotton, knit ($27.7B), Knit Pullovers & Cardigans (Manmade Fibres) ($26.8B), Pullovers, cardigans etc of wool or... ($7.24B), and Pullovers, cardigans etc of material nes... ($1.39B)

HS6 Disaggregation for Knit Sweaters (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 Sweaters.
It is possible to select the main countries that export or import Knit Sweaters in the world, or by continent, as well as select the measure of interest.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $350M
TOP IMPORT POTENTIALVietnam+ $125M

Knit Sweaters’s highest export potential is United States. With an export gap of $350M.  Knit Sweaters’s highest import potential is Vietnam with an import gap of $125M.

See methodology.

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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 Sweaters.

Country by Relatedness

The following visualization shows the relatedness of Knit Sweaters 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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