Mens, boys suits, synthetic fibres, not knit620312 (Harmonized System 1992 for 6-digit)
2021 World Trade: $462M, Rnk 2957 / 4641
2021 Top Exporter | Top Importer: $146M | $107M, China | Japan
2021 Product Complexity: -1.33, Rnk 4126 / 4648
2020 - 2021 Export Growth (CAGR): 4.89%, Rnk 3845 / 4641
2018 Mean Tariff: 23.8%, Rnk 226 / 6538
2021 Share of World Trade: 0.0022%, Rnk 2957 / 4641
Overview This page contains the latest trade data of Mens, boys suits, synthetic fibres, not knit. In 2021, Mens, boys suits, synthetic fibres, not knit were the world's 2957th most traded product, with a total trade of $462M. Between 2020 and 2021 the exports of Mens, boys suits, synthetic fibres, not knit grew by 4.89%, from $440M to $462M. Trade in Mens, boys suits, synthetic fibres, not knit represent 0.0022% of total world trade.
Mens, boys suits, synthetic fibres, not knit are a part of Non-Knit Men's Suits.
Exports In 2021 the top exporters of Mens, boys suits, synthetic fibres, not knit were China ($146M), Turkey ($39.5M), Cambodia ($33.4M), India ($26M), and Indonesia ($22.8M).
Imports In 2021 the top importers of Mens, boys suits, synthetic fibres, not knit were Japan ($107M), United States ($51.1M), Germany ($33.2M), Italy ($28M), and Switzerland ($23.4M).
Tariffs In 2018 the average tariff for Mens, boys suits, synthetic fibres, not knit was 23.8%, making it the 226th lowest tariff using the HS6 product classification.
Ranking Mens, boys suits, synthetic fibres, not knit ranks 4126th 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.
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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Mens, boys suits, synthetic fibres, not knit are the world's 2957th most traded product.
In 2021, the top exporters of Mens, boys suits, synthetic fibres, not knit were China ($146M), Turkey ($39.5M), Cambodia ($33.4M), India ($26M), and Indonesia ($22.8M).
In 2021, the top importers of Mens, boys suits, synthetic fibres, not knit were Japan ($107M), United States ($51.1M), Germany ($33.2M), Italy ($28M), and Switzerland ($23.4M).
Trade by country
Top Origin Growth (2020 - 2021): India, $16.5M
Top Destination Growth (2020 - 2021): United Arab Emirates, $13.9M
Between 2020 and 2021, the exports of Mens, boys suits, synthetic fibres, not knit grew the fastest in India ($16.5M), Turkey ($11.6M), Indonesia ($4.98M), Uzbekistan ($4.9M), and Morocco ($4.25M).
Between 2020 and 2021, the fastest growing importers of Mens, boys suits, synthetic fibres, not knit were United Arab Emirates ($13.9M), United States ($11.3M), Qatar ($8.64M), Nigeria ($7.32M), and Kyrgyzstan ($7.14M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Mens, boys suits, synthetic fibres, not knit.
In 2021, market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Mens, boys suits, synthetic fibres, not knit are explained by 16 countries.
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 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Mens, boys suits, synthetic fibres, not knit were China ($145M), Turkey ($39.1M), Cambodia ($33.4M), India ($22.7M), and Indonesia ($22.7M).
In 2021, the countries that had a largest trade value in imports than in exports of Mens, boys suits, synthetic fibres, not knit were Japan ($107M), United States ($49.1M), United Arab Emirates ($17.9M), Switzerland ($14M), and Italy ($13.5M).
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.
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.
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