HS Icon Light Rubberized Knitted Fabric

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)

Overview This page contains the latest trade data of Light Rubberized Knitted Fabric. In 2021, Light Rubberized Knitted Fabric were the world's 131st most traded product, with a total trade of $34.6B. Between 2020 and 2021 the exports of Light Rubberized Knitted Fabric grew by 33.8%, from $25.9B to $34.6B. Trade in Light Rubberized Knitted Fabric represent 0.0016% 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, Warp knit fabric of cotton, nes, Knit, crochet textile fabric, of a width < 30 cm, 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 2021 the top exporters of Light Rubberized Knitted Fabric  were China ($16.8B), Chinese Taipei ($2.43B), South Korea ($2.19B), Turkey ($2.07B), and Vietnam ($1.28B).

Imports In 2021 the top importers of Light Rubberized Knitted Fabric were Vietnam ($6.29B), Cambodia ($2.66B), Bangladesh ($1.83B), Indonesia ($1.75B), and Hong Kong ($1.19B).

Tariffs In 2018 the average tariff for Light Rubberized Knitted Fabric was 14.7%, making it the 197th lowest tariff using the HS4 product classification.

Ranking Light Rubberized Knitted Fabric ranks 641st 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.

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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.

* 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, $16.8B

Top Destination (2021): Vietnam, $6.29B

Light Rubberized Knitted Fabric are the world's 131st most traded product.

In 2021, the top exporters of Light Rubberized Knitted Fabric were China ($16.8B), Chinese Taipei ($2.43B), South Korea ($2.19B), Turkey ($2.07B), and Vietnam ($1.28B).

In 2021, the top importers of Light Rubberized Knitted Fabric were Vietnam ($6.29B), Cambodia ($2.66B), Bangladesh ($1.83B), Indonesia ($1.75B), and Hong Kong ($1.19B).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $4.93B

Top Destination Growth (2020 -  2021): Vietnam, $1.46B

Between 2020 and 2021, the exports of Light Rubberized Knitted Fabric grew the fastest in China ($4.93B), Turkey ($578M), Chinese Taipei ($568M), India ($334M), and South Korea ($275M).

Between 2020 and 2021, the fastest growing importers of Light Rubberized Knitted Fabric were Vietnam ($1.46B), Bangladesh ($737M), Cambodia ($584M), Indonesia ($496M), and India ($361M).

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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 Light Rubberized Knitted Fabric.

In 2021, market concentration measured using Shannon Entropy, was 3.39. This means that most of the exports of Light Rubberized Knitted Fabric are explained by 10 countries.

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TOP NET EXPORTER (2021): China, $16B

TOP NET IMPORTER (2021): Vietnam, $5.01B

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Light Rubberized Knitted Fabric were China ($16B), Chinese Taipei ($2.38B), South Korea ($1.99B), Turkey ($1.78B), and Japan ($368M).

In 2021, the countries that had a largest trade value in imports than in exports of Light Rubberized Knitted Fabric were Vietnam ($5.01B), Cambodia ($2.59B), Bangladesh ($1.8B), Indonesia ($1.64B), and Sri Lanka ($866M).

Disaggregation

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Value

In 2021, the world most traded Light Rubberized Knitted Fabric, disaggragated by their HS6 level were Knit or crochet fabric of manmade... ($11.2B), Knit or crochet fabric, width >... ($9.22B), Knit or crochet fabric of cotton... ($8.01B), Warp knit fabric of manmade fibres... ($3.28B), and Knit or crochet fabric of other... ($1.26B)

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.

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 Light Rubberized Knitted Fabric to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.