Overview: This page contains the latest trade data of Knit Women's Suits. In 2018, Knit Women's Suits were the world's 112th most traded product, with a total trade of $33B. Between 2017 and 2018 the exports of Knit Women's Suits grew by 13.9%, from $29B to $33B. Trade in Knit Women's Suits represent 0.18% of total world trade.
Exports: In 2018 the top exporters of Knit Women's Suits were China ($11.1B), Vietnam ($2.75B), Bangladesh ($2.26B), Germany ($1.82B), and Cambodia ($1.75B).
Ranking: Knit Women's Suits ranks 940th in the Product Complexity Index (PCI).
Description: Women's suits, ensembles, jackets, blazers, dresses, skirts, divided skirts, trousers, bib and brace overalls, breeches and shorts are used to cover the body. They can be made from a variety of materials including cotton or polyester.
Top Destination Growth (2017 - 2018): Germany, $777M
Between 2017 and 2018, the exports of Knit Women's Suits grew the fastest in Germany ($694M), China ($609M), Bangladesh ($361M), Spain ($334M), and Vietnam ($278M).
Between 2017 and 2018, the fastest growing importers of Knit Women's Suits were Germany ($777M), Poland ($318M), Netherlands ($287M), Spain ($286M), and South Korea ($233M).
This chart shows the evolution of the market concentration of exports of Knit Women's Suits.
In 2018, market concentration measured using Shannon Entropy, was 4.18. This means that most of the exports of Knit Women's Suits are explained by 18 countries.
This map shows which countries export or import more of Knit Women's Suits. Each country is colored based on the difference in exports and imports of Knit Women's Suits during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Knit Women's Suits were China ($10.8B), Vietnam ($2.25B), Bangladesh ($2.25B), Cambodia ($1.74B), and Turkey ($1.23B).
In 2018, the countries that had a largest trade value in imports than in exports of Knit Women's Suits were United States ($6.17B), Germany ($1.75B), Japan ($1.4B), United Kingdom ($1.27B), and France ($935M).
In 2018, the average tariff for importing Knit Women's Suits was 23.9%. The countries with the highest tariffs for importing Knit Women's Suits were Iran (100%), Syria (73.5%), South Africa (40%), Bolivia (38.4%), and Sudan (35%).
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.