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Life jackets and life belts, textile material

630720 (Harmonized System 1992 for 6-digit)

2022
World Trade $822MRnk 2414 / 4648
2022
Top Exporter | Top Importer $315M | $246MChina | United States
2022
Product Complexity -0.9Rnk 3702 / 4653
2021 - 2022
Export Growth (CAGR) 25.6%Rnk 558 / 4648
2022
Share of World Trade 0.0035%Rnk 2414 / 4648

About

Overview This page contains the latest trade data of Life jackets and life belts. In 2022, Life jackets and life belts were the world's 2414th most traded product, with a total trade of $822M. Between 2021 and 2022 the exports of Life jackets and life belts grew by 25.6%, from $655M to $822M. Trade in Life jackets and life belts represent 0.0035% of total world trade.

Life jackets and life belts are a part of Other Cloth Articles.

Exports In 2022 the top exporters of Life jackets and life belts  were China ($315M), Cambodia ($87M), Poland ($77.1M), Vietnam ($41.7M), and United States ($37.9M).

Imports In 2022 the top importers of Life jackets and life belts were United States ($246M), Ukraine ($66.4M), Canada ($49.3M), United Kingdom ($34M), and France ($31.4M).

Ranking Life jackets and life belts ranks 3702nd in the Product Complexity Index (PCI).

Description Life jackets and life belts are used to keep people afloat in the water. Life jackets are intended for people who cannot swim or who are not good swimmers. Life belts are intended for people who can swim but are still more buoyant than others, or for people who are not good swimmers and are not strong swimmers.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Life jackets and life belts. Countries are shown based on data availability.

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

Explore Latest Trends

* 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 (2022)China$315M
Top Destination (2022)United States$246M

In 2022 Life jackets and life belts were the world's 2414th most traded product (out of 4,648).

In 2022, the top exporters of Life jackets and life belts were China ($315M), Cambodia ($87M), Poland ($77.1M), Vietnam ($41.7M), and United States ($37.9M).

In 2022, the top importers of Life jackets and life belts were United States ($246M), Ukraine ($66.4M), Canada ($49.3M), United Kingdom ($34M), and France ($31.4M).

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Exporters of Life jackets and life belts (2022)
[Click to Select a Country]

Importers of Life jackets and life belts (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$51.7M
Top Destination Growth (2021 -  2022)Ukraine$62.1M

Between 2021 and 2022, the exports of Life jackets and life belts grew the fastest in China ($51.7M), Poland ($50.2M), Cambodia ($25.8M), North Macedonia ($12.5M), and United States ($10.6M).

Between 2021 and 2022, the fastest growing importers of Life jackets and life belts were Ukraine ($62.1M), United States ($32M), Canada ($13.9M), United Kingdom ($8.58M), and Turkey ($5.66M).

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Exporters of Life jackets and life belts (2021 - 2022)

Importers of Life jackets and life belts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Life jackets and life belts.

In 2022, market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Life jackets and life belts are explained by 13 countries.

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Value of Exports in Life jackets and life belts

Net Trade

TOP NET EXPORTER (2022)China$308M
TOP NET IMPORTER (2022)United States$208M

This map shows which countries export or import more of Life jackets and life belts. Each country is colored based on the difference in exports and imports of Life jackets and life belts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Life jackets and life belts were China ($308M), Cambodia ($86.9M), Poland ($70.8M), Vietnam ($40.2M), and Burma ($17.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Life jackets and life belts were United States ($208M), Ukraine ($53M), Canada ($38.4M), Japan ($27.1M), and Australia ($26M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Life jackets and life belts 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 (2022)

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