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Fabrics; knitted or crocheted, other than those of heading 60.01, of a width not exceeding 30cm, containing by weight 5% or more of elastomeric yarn or rubber thread

6002 (Harmonized System 1992 for 4-digit)

2023
World Trade $27.9BRnk 159 / 1217
2023
Top Exporter | Top Importer $14.3B | $5.08BChina | Vietnam
2023
Product Complexity -0.42Rnk 699 / 1044
2022 - 2023
Export Growth (CAGR) -15.2%Rnk 914 / 1217
2023
Share of World Trade 0.12%Rnk 159 / 1217

About

Overview This page contains the latest trade data of Light Rubberized Knitted Fabric. In 2023, Light Rubberized Knitted Fabric were the world's 159th most traded product, with a total trade of $27.9B. Between 2022 and 2023 the exports of Light Rubberized Knitted Fabric decreased by -15.2%, from $32.9B to $27.9B. Trade in Light Rubberized Knitted Fabric represent 0.12% of total world trade.

Light Rubberized Knitted Fabric are a part of Knitted fabrics. They include Knit or crochet fabric of manmade fibres, nes, Knit or crochet fabric, width > 30 cm, >5% elastomer, Knit or crochet fabric of cotton not elsewhere specified, Warp knit fabric of manmade fibres not elsewhere specified, Knit or crochet fabric of other materials, nes, Knit or crochet fabric, width <30 cm, >5% elastomer, Knit, crochet textile fabric, of a width < 30 cm, nes, Warp knit fabric of cotton, nes, Warp knit fabric of other materials not elsewhere specified, and Knit, crochet fabric of wool or fine animal hair, nes, among others.

Exports In 2023 the top exporters of Light Rubberized Knitted Fabric  were China ($14.3B), Turkey ($1.86B), Chinese Taipei ($1.64B), Vietnam ($1.14B), and Italy ($1.01B).

Imports In 2023 the top importers of Light Rubberized Knitted Fabric were Vietnam ($5.08B), Cambodia ($2.26B), Indonesia ($1.33B), Bangladesh ($1.32B), and United States ($824M).

Ranking Light Rubberized Knitted Fabric ranks 699th in the Product Complexity Index (PCI).

Description Knitted or crocheted fabrics are used in the production of other goods. They can be made from a variety of materials, including cotton, wool, silk, and polyester.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Light Rubberized Knitted Fabric. 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$14.3B
Top Destination (2023)Vietnam$5.08B

In 2023 Light Rubberized Knitted Fabric were the world's 159th most traded product (out of 1,217).

In 2023, the top exporters of Light Rubberized Knitted Fabric were China ($14.3B), Turkey ($1.86B), Chinese Taipei ($1.64B), Vietnam ($1.14B), and Italy ($1.01B).

In 2023, the top importers of Light Rubberized Knitted Fabric were Vietnam ($5.08B), Cambodia ($2.26B), Indonesia ($1.33B), Bangladesh ($1.32B), and United States ($824M).

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Exporters of Light Rubberized Knitted Fabric (2023)
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Importers of Light Rubberized Knitted Fabric (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Uzbekistan$108M
Top Destination Growth (2022 -  2023)Belarus$81.6M

Between 2022 and 2023, the exports of Light Rubberized Knitted Fabric grew the fastest in Uzbekistan ($108M), Malaysia ($36.7M), Mexico ($12M), Egypt ($10.8M), and Honduras ($9.2M).

Between 2022 and 2023, the fastest growing importers of Light Rubberized Knitted Fabric were Belarus ($81.6M), Morocco ($63M), Algeria ($59.1M), Ghana ($48M), and Tajikistan ($43.5M).

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Exporters of Light Rubberized Knitted Fabric (2022 - 2023)

Importers of Light Rubberized Knitted Fabric (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Light Rubberized Knitted Fabric.

In 2023, market concentration measured using Shannon Entropy, was 3.35. This means that most of the exports of Light Rubberized Knitted Fabric are explained by 10 countries.

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Value of Exports in Light Rubberized Knitted Fabric

Net Trade

TOP NET EXPORTER (2023)China$13.7B
TOP NET IMPORTER (2023)Vietnam$3.94B

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

In 2023, the countries that had a largest trade value in exports than in imports of Light Rubberized Knitted Fabric were China ($13.7B), Chinese Taipei ($1.61B), Turkey ($1.49B), South Korea ($757M), and Japan ($360M).

In 2023, the countries that had a largest trade value in imports than in exports of Light Rubberized Knitted Fabric were Vietnam ($3.94B), Cambodia ($2.2B), Bangladesh ($1.28B), Indonesia ($1.2B), and Jordan ($688M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Light Rubberized Knitted Fabric, disaggragated by their HS6 level were Knit or crochet fabric of manmade... ($9.64B), Knit or crochet fabric, width >... ($7.54B), Knit or crochet fabric of cotton... ($5.31B), Warp knit fabric of manmade fibres... ($2.59B), and Knit or crochet fabric of other... ($1.38B)

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

Top 10 Exporters Countries of Light Rubberized Knitted Fabric by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALCanada+ $435k
TOP IMPORT POTENTIALChina+ $1.02M

Light Rubberized Knitted Fabric’s highest export potential is Canada. With an export gap of $435k.  Light Rubberized Knitted Fabric’s highest import potential is China with an import gap of $1.02M.

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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 Light Rubberized Knitted Fabric.

Country by Relatedness

The following visualization shows the relatedness of Light Rubberized Knitted Fabric 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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