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620312 (Harmonized System 1992 for 6-digit)

2023
World Trade $922MRnk 2195 / 4644
2023
Top Exporter | Top Importer $373M | $186MChina | Japan
2023
Product Complexity -1.52Rnk 4285 / 4656
2022 - 2023
Export Growth (CAGR) 22.4%Rnk 245 / 4644
2023
Share of World Trade 0.0041%Rnk 2195 / 4644

About

Overview This page contains the latest trade data of Mens, boys suits, synthetic fibres, not knit. In 2023, Mens, boys suits, synthetic fibres, not knit were the world's 2195th most traded product, with a total trade of $922M. Between 2022 and 2023 the exports of Mens, boys suits, synthetic fibres, not knit grew by 22.4%, from $753M to $922M. Trade in Mens, boys suits, synthetic fibres, not knit represent 0.0041% of total world trade.

Mens, boys suits, synthetic fibres, not knit are a part of Non-Knit Men's Suits.

Exports In 2023 the top exporters of Mens, boys suits, synthetic fibres, not knit  were China ($373M), Turkey ($106M), Cambodia ($75.1M), Indonesia ($54.7M), and Bangladesh ($37.6M).

Imports In 2023 the top importers of Mens, boys suits, synthetic fibres, not knit were Japan ($186M), United States ($166M), Germany ($62.4M), Italy ($51M), and Switzerland ($30.9M).

Ranking Mens, boys suits, synthetic fibres, not knit ranks 4285th in the Product Complexity Index (PCI).

Description A mens suit is made for a man, and has the same general shape as womens suits. Common materials used are wool, cotton, and silk. Synthetic fibres are used to make suits because they are cheaper than natural materials. They are not knit as well as natural materials, and are less flexible.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Mens, boys suits, synthetic fibres, not knit. 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$373M
Top Destination (2023)Japan$186M

In 2023 Mens, boys suits, synthetic fibres, not knit were the world's 2195th most traded product (out of 4,644).

In 2023, the top exporters of Mens, boys suits, synthetic fibres, not knit were China ($373M), Turkey ($106M), Cambodia ($75.1M), Indonesia ($54.7M), and Bangladesh ($37.6M).

In 2023, the top importers of Mens, boys suits, synthetic fibres, not knit were Japan ($186M), United States ($166M), Germany ($62.4M), Italy ($51M), and Switzerland ($30.9M).

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Exporters of Mens, boys suits, synthetic fibres, not knit (2023)
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Importers of Mens, boys suits, synthetic fibres, not knit (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$52.1M
Top Destination Growth (2022 -  2023)Japan$45.2M

Between 2022 and 2023, the exports of Mens, boys suits, synthetic fibres, not knit grew the fastest in China ($52.1M), Indonesia ($14.3M), Turkey ($13.7M), Germany ($12.6M), and Cambodia ($12.2M).

Between 2022 and 2023, the fastest growing importers of Mens, boys suits, synthetic fibres, not knit were Japan ($45.2M), Germany ($25.6M), Russia ($14.2M), Italy ($11.8M), and Poland ($8.58M).

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Exporters of Mens, boys suits, synthetic fibres, not knit (2022 - 2023)

Importers of Mens, boys suits, synthetic fibres, not knit (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Mens, boys suits, synthetic fibres, not knit.

In 2023, market concentration measured using Shannon Entropy, was 3.5. This means that most of the exports of Mens, boys suits, synthetic fibres, not knit are explained by 11 countries.

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Value of Exports in Mens, boys suits, synthetic fibres, not knit

Net Trade

TOP NET EXPORTER (2023)China$371M
TOP NET IMPORTER (2023)Japan$186M

This map shows which countries export or import more of Mens, boys suits, synthetic fibres, not knit. Each country is colored based on the difference in exports and imports of Mens, boys suits, synthetic fibres, not knit during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Mens, boys suits, synthetic fibres, not knit were China ($371M), Turkey ($104M), Cambodia ($75M), Indonesia ($54.6M), and Bangladesh ($37.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Mens, boys suits, synthetic fibres, not knit were Japan ($186M), United States ($163M), Italy ($39.3M), Germany ($34.1M), and France ($29.2M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Mens, boys suits, synthetic fibres, not knit.
It is possible to select the main countries that export or import Mens, boys suits, synthetic fibres, not knit in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Mens, boys suits, synthetic fibres, not knit 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 (2023)

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