HS Icon Pullovers, cardigans etc of manmade fibres, knit

611030 (Harmonized System 1992 for 6-digit)

World Trade (2018): $26.5B, Rnk 97 / 4726

Top Exporter (2018): $10.2B, China

Top Importer (2018): $6.3B, United States

Product Complexity (2018): -2, Rnk 4740 / 4873

Export Growth (CAGR)(2017 - 2018): 13.1%, Rnk 2193 / 4726

Mean Tariff (2018): 23.9%, Rnk 322 / 6538

Share of World Trade (2018): 0.14%, Rnk 97 / 4726

Overview:  This page contains the latest trade data of Pullovers, cardigans etc of manmade fibres, knit. In 2018, Pullovers, cardigans etc of manmade fibres, knit were the world's 97th most traded product, with a total trade of $26.5B. Between 2017 and 2018 the exports of Pullovers, cardigans etc of manmade fibres, knit grew by 13.1%, from  $23.4B to $26.5B. Trade in Pullovers, cardigans etc of manmade fibres, knit represent 0.14% of total world trade.

Exports: In 2018 the top exporters of Pullovers, cardigans etc of manmade fibres, knit  were China ($10.2B), Bangladesh ($2.56B), Vietnam ($1.8B), Cambodia ($1.17B), and Germany ($1.14B).

Imports: In 2018 the top importers of Pullovers, cardigans etc of manmade fibres, knit were United States ($6.3B), Germany ($2.61B), Japan ($2.45B), France ($1.57B), and United Kingdom ($1.46B).

Tariffs: In 2018 the average tariff for Pullovers, cardigans etc of manmade fibres, knit was 23.9%, been the 322 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Pullovers, cardigans etc of manmade fibres, knit are Iran (100%), Syria (73.5%), South Africa (40.8%), Bolivia (38.3%), and Finland (35%). The countries with the lowest tariffs are Mauritius (0%), Armenia (0%), Hong Kong (0%), Kazakhstan (0%), and Kyrgyzstan (0%).

Ranking: Pullovers, cardigans etc of manmade fibres, knit ranks 4740th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $10.2B

Top Destination (2018): United States, $6.3B

Pullovers, cardigans etc of manmade fibres, knit are the world's 97th most traded product.

In 2018, the top exporters of Pullovers, cardigans etc of manmade fibres, knit were China ($10.2B), Bangladesh ($2.56B), Vietnam ($1.8B), Cambodia ($1.17B), and Germany ($1.14B).

In 2018, the top importers of Pullovers, cardigans etc of manmade fibres, knit were United States ($6.3B), Germany ($2.61B), Japan ($2.45B), France ($1.57B), and United Kingdom ($1.46B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $727M

Top Destination Growth (2017 - 2018): Germany, $382M

Between 2017 and 2018, the exports of Pullovers, cardigans etc of manmade fibres, knit grew the fastest in China ($727M), Bangladesh ($448M), Germany ($438M), Spain ($340M), and Belgium-Luxembourg ($212M).

Between 2017 and 2018, the fastest growing importers of Pullovers, cardigans etc of manmade fibres, knit were Germany ($382M), France ($260M), Spain ($218M), United States ($213M), and Poland ($170M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Pullovers, cardigans etc of manmade fibres, knit.

In 2018,  market concentration measured using Shannon Entropy, was 3.91. This means that most of the exports of Pullovers, cardigans etc of manmade fibres, knit are explained by 14 countries.

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TOP NET EXPORTER (2018): China, $9.98B

TOP NET IMPORTER (2018): United States, $6.14B

This map shows which countries export or import more of Pullovers, cardigans etc of manmade fibres, knit. Each country is colored based on the difference in exports and imports of Pullovers, cardigans etc of manmade fibres, knit during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Pullovers, cardigans etc of manmade fibres, knit were China ($9.98B), Bangladesh ($2.56B), Vietnam ($1.54B), Cambodia ($1.14B), and Turkey ($774M).

In 2018, the countries that had a largest trade value in imports than in exports of Pullovers, cardigans etc of manmade fibres, knit were United States ($6.14B), Japan ($2.44B), Germany ($1.48B), United Kingdom ($1.22B), and France ($1.17B).

Trade Forecasts

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This section shows forecasts for total trade for Pullovers, cardigans etc of manmade fibres, knit. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Pullovers, cardigans etc of manmade fibres, knit was 23.9%.  The countries with the highest tariffs for importing Pullovers, cardigans etc of manmade fibres, knit were Iran (100%), Syria (73.5%), South Africa (40.8%), Bolivia (38.3%), and Finland (35%).

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Product Complexity

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Diversification Frontier

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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.