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Pricing

T-shirts, singlets and other vests; knitted or crocheted

6109 (Harmonized System 1992 for 4-digit)

2023
World Trade $47.5BRnk 90 / 1217
2023
Top Exporter | Top Importer $8.58B | $8.56BChina | United States
2023
Product Complexity -1.36Rnk 938 / 1044
2022 - 2023
Export Growth (CAGR) -9.87%Rnk 741 / 1217
2023
Share of World Trade 0.21%Rnk 90 / 1217

About

Overview This page contains the latest trade data of Knit T-shirts. In 2023, Knit T-shirts were the world's 90th most traded product, with a total trade of $47.5B. Between 2022 and 2023 the exports of Knit T-shirts decreased by -9.87%, from $52.7B to $47.5B. Trade in Knit T-shirts represent 0.21% of total world trade.

Knit T-shirts are a part of Knitted clothing accesories. They include T-shirts, singlets and other vests, of cotton, knit and T-shirts, singlets etc, of material nes, knit.

Exports In 2023 the top exporters of Knit T-shirts  were China ($8.58B), Bangladesh ($7.83B), Turkey ($2.98B), Vietnam ($2.38B), and India ($2.23B).

Imports In 2023 the top importers of Knit T-shirts were United States ($8.56B), Germany ($4.45B), France ($2.55B), United Kingdom ($2.18B), and Spain ($2.11B).

Ranking Knit T-shirts ranks 938th in the Product Complexity Index (PCI).

Description T-shirts, singlets and other vests are made from cotton or polyester. They can be knitted or crocheted.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Knit T-shirts. 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$8.58B
Top Destination (2023)United States$8.56B

In 2023 Knit T-shirts were the world's 90th most traded product (out of 1,217).

In 2023, the top exporters of Knit T-shirts were China ($8.58B), Bangladesh ($7.83B), Turkey ($2.98B), Vietnam ($2.38B), and India ($2.23B).

In 2023, the top importers of Knit T-shirts were United States ($8.56B), Germany ($4.45B), France ($2.55B), United Kingdom ($2.18B), and Spain ($2.11B).

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Exporters of Knit T-shirts (2023)
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Importers of Knit T-shirts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$158M
Top Destination Growth (2022 -  2023)Russia$231M

Between 2022 and 2023, the exports of Knit T-shirts grew the fastest in Italy ($158M), Uzbekistan ($119M), France ($80.1M), United Kingdom ($52.2M), and Netherlands ($49.5M).

Between 2022 and 2023, the fastest growing importers of Knit T-shirts were Russia ($231M), Hong Kong ($217M), Vietnam ($171M), Italy ($146M), and Kazakhstan ($104M).

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Exporters of Knit T-shirts (2022 - 2023)

Importers of Knit T-shirts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Knit T-shirts.

In 2023, market concentration measured using Shannon Entropy, was 4.68. This means that most of the exports of Knit T-shirts are explained by 25 countries.

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Value of Exports in Knit T-shirts

Net Trade

TOP NET EXPORTER (2023)China$7.87B
TOP NET IMPORTER (2023)United States$8.13B

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

In 2023, the countries that had a largest trade value in exports than in imports of Knit T-shirts were China ($7.87B), Bangladesh ($7.8B), Turkey ($2.69B), Vietnam ($2.13B), and India ($2.08B).

In 2023, the countries that had a largest trade value in imports than in exports of Knit T-shirts were United States ($8.13B), Germany ($2.47B), Japan ($1.97B), United Kingdom ($1.91B), and France ($1.74B).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Knit T-shirts, disaggragated by their HS6 level were T-shirts, singlets and other vests, of... ($33.5B) and T-shirts, singlets etc, of material nes,... ($14B)

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

Top 10 Exporters Countries of Knit T-shirts by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $458M
TOP IMPORT POTENTIALChina+ $6.55M

Knit T-shirts’s highest export potential is United States. With an export gap of $458M.  Knit T-shirts’s highest import potential is China with an import gap of $6.55M.

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 T-shirts.

Country by Relatedness

The following visualization shows the relatedness of Knit T-shirts 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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