HS Icon Knit T-shirts

6109 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $46.1B, Rnk 81 / 1217

2019
Top Exporter | Top Importer
: $7.15B | $7.6B, China | United States

2019
Product Complexity
: -1.48, Rnk 884 / 961

2018 - 2019
Export Growth (CAGR)
: 0.45%, Rnk 360 / 1217

2018
Mean Tariff
: 25.1%, Rnk 47 / 1259

 2019
Share of World Trade
: 0.25%, Rnk 81 / 1217

Overview:  This page contains the latest trade data of Knit T-shirts. In 2019, Knit T-shirts were the world's 81st most traded product, with a total trade of $46.1B. Between 2018 and 2019 the exports of Knit T-shirts grew by 0.45%, from  $45.9B to $46.1B. Trade in Knit T-shirts represent 0.25% of total world trade.

Exports: In 2019 the top exporters of Knit T-shirts  were China ($7.15B), Bangladesh ($6.92B), Turkey ($2.85B), India ($2.56B), and Vietnam ($2.41B).

Imports: In 2019 the top importers of Knit T-shirts were United States ($7.6B), Germany ($4.73B), United Kingdom ($2.8B), France ($2.74B), and Japan ($2.62B).

Tariffs: In 2018 the average tariff for Knit T-shirts was 25.1%, making it the 47th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Knit T-shirts are Iran (100%), Syria (73.5%), Barbados (64.2%), South Africa (40.8%), and Bolivia (38.3%). The countries with the lowest tariffs are Mauritius (0%), Armenia (0%), Hong Kong (0%), Kazakhstan (0%), and Kyrgyzstan (0%).

Ranking: Knit T-shirts ranks 884th in the Product Complexity Index (PCI).

Description: T-shirts, singlets and other vests are made from cotton or polyester. They can be knitted or crocheted.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $7.15B

Top Destination (2019): United States, $7.6B

Knit T-shirts are the world's 81st most traded product.

In 2019, the top exporters of Knit T-shirts were China ($7.15B), Bangladesh ($6.92B), Turkey ($2.85B), India ($2.56B), and Vietnam ($2.41B).

In 2019, the top importers of Knit T-shirts were United States ($7.6B), Germany ($4.73B), United Kingdom ($2.8B), France ($2.74B), and Japan ($2.62B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Honduras, $206M

Top Destination Growth (2018 - 2019): United States, $370M

Between 2018 and 2019, the exports of Knit T-shirts grew the fastest in Honduras ($206M), Italy ($165M), Vietnam ($153M), Bangladesh ($147M), and India ($134M).

Between 2018 and 2019, the fastest growing importers of Knit T-shirts were United States ($370M), Nigeria ($114M), South Korea ($95.2M), China ($80.6M), and Saudi Arabia ($73M).

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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 Knit T-shirts.

In 2019,  market concentration measured using Shannon Entropy, was 4.78. This means that most of the exports of Knit T-shirts are explained by 27 countries.

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TOP NET EXPORTER (2019): Bangladesh, $6.92B

TOP NET IMPORTER (2019): United States, $6.94B

This map shows which countries export or import more of Knit T-shirts. Each country is colored based on the difference in exports and imports of Knit T-shirts during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Knit T-shirts were Bangladesh ($6.92B), China ($6.35B), Turkey ($2.66B), India ($2.48B), and Vietnam ($2.36B).

In 2019, the countries that had a largest trade value in imports than in exports of Knit T-shirts were United States ($6.94B), Japan ($2.55B), Germany ($2.4B), United Kingdom ($2.06B), and France ($1.74B).

Disaggregation

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Value

In 2019, the world most traded Knit T-shirts, disaggragated by their HS6 level were T-shirts, singlets and other vests, of... ($31.3B) and T-shirts, singlets etc, of material nes,... ($14.8B)

Import Tariffs

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In 2018, the average tariff for importing Knit T-shirts was 25.1%.  The countries with the highest tariffs for importing Knit T-shirts were Iran (100%), Syria (73.5%), Barbados (64.2%), South Africa (40.8%), and Bolivia (38.3%).

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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.