620312 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Mens, boys suits, synthetic fibres, not knit. In 2022, Mens, boys suits, synthetic fibres, not knit were the world's 2518th most traded product, with a total trade of $740M. Between 2021 and 2022 the exports of Mens, boys suits, synthetic fibres, not knit grew by 57.9%, from $469M to $740M. Trade in Mens, boys suits, synthetic fibres, not knit represent 0.0031% of total world trade.

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

Exports In 2022 the top exporters of Mens, boys suits, synthetic fibres, not knit  were China ($284M), Turkey ($78.6M), Cambodia ($60.8M), Bangladesh ($39.9M), and Indonesia ($35M).

Imports In 2022 the top importers of Mens, boys suits, synthetic fibres, not knit were Japan ($133M), United States ($125M), Germany ($52.8M), Italy ($43.9M), and United Kingdom ($38.5M).

Ranking Mens, boys suits, synthetic fibres, not knit ranks 4116th 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.

Historical Data

Exporters and Importers

Top Origin (2022)China$284M
Top Destination (2022)Japan$133M

In 2022 Mens, boys suits, synthetic fibres, not knit were the world's 2518th most traded product (out of 4,648).

In 2022, the top exporters of Mens, boys suits, synthetic fibres, not knit were China ($284M), Turkey ($78.6M), Cambodia ($60.8M), Bangladesh ($39.9M), and Indonesia ($35M).

In 2022, the top importers of Mens, boys suits, synthetic fibres, not knit were Japan ($133M), United States ($125M), Germany ($52.8M), Italy ($43.9M), and United Kingdom ($38.5M).

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Exporters of Mens, boys suits, synthetic fibres, not knit (2022)
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Importers of Mens, boys suits, synthetic fibres, not knit (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$133M
Top Destination Growth (2021 -  2022)United States$75.9M

Between 2021 and 2022, the exports of Mens, boys suits, synthetic fibres, not knit grew the fastest in China ($133M), Turkey ($39M), Bangladesh ($27.1M), Cambodia ($26.8M), and Vietnam ($12.9M).

Between 2021 and 2022, the fastest growing importers of Mens, boys suits, synthetic fibres, not knit were United States ($75.9M), United Kingdom ($25.9M), Japan ($25.6M), Germany ($19.7M), and Spain ($17.7M).

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Exporters of Mens, boys suits, synthetic fibres, not knit (2021 - 2022)

Importers of Mens, boys suits, synthetic fibres, not knit (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.64. This means that most of the exports of Mens, boys suits, synthetic fibres, not knit are explained by 12 countries.

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

Net Trade

TOP NET EXPORTER (2022)China$281M
TOP NET IMPORTER (2022)Japan$133M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Mens, boys suits, synthetic fibres, not knit were China ($281M), Turkey ($78M), Cambodia ($60.7M), Bangladesh ($39.8M), and Indonesia ($34.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Mens, boys suits, synthetic fibres, not knit were Japan ($133M), United States ($123M), United Kingdom ($33.8M), Italy ($26.8M), and Germany ($22.6M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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 (2022)

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