Non-Knit Men's Suits6203 (Harmonized System 1992 for 4-digit)
2019 World Trade: $47.7B, Rnk 74 / 1217
2019 Top Exporter | Top Importer: $9.75B | $8.71B, China | United States
2019 Product Complexity: -1.24, Rnk 835 / 961
2018 - 2019 Export Growth (CAGR): -1.49%, Rnk 513 / 1217
2018 Mean Tariff: 24.3%, Rnk 47 / 1259
2019 Share of World Trade: 0.26%, Rnk 74 / 1217
Overview This page contains the latest trade data of Non-Knit Men's Suits. In 2019, Non-Knit Men's Suits were the world's 74th most traded product, with a total trade of $47.7B. Between 2018 and 2019 the exports of Non-Knit Men's Suits decreased by -1.49%, from $48.4B to $47.7B. Trade in Non-Knit Men's Suits represent 0.26% of total world trade.
Non-Knit Men's Suits are a part of Non-knit or crocheted apparel and clothing accessories. They include Mens, boys trousers & shorts, of cotton, not knit, Mens, boys trousers shorts, synthetic fibre, not knit, Mens, boys suits, of wool or hair, not knit, Mens, boys jackets, blazers, synthetic fibre, not kni, Mens, boys jackets & blazers, wool or hair, not knit, Mens, boys jackets & blazers, of cotton, not knit, Mens, boys trousers & shorts, material nes, not knit, Mens, boys trousers & shorts, wool or hair, not knit, Mens, boys jackets & blazers, material nes, not knit, and Mens, boys suits, synthetic fibres, not knit, among others.
Exports In 2019 the top exporters of Non-Knit Men's Suits were China ($9.75B), Bangladesh ($7.06B), Germany ($3.15B), Vietnam ($3.11B), and Italy ($2.26B).
Imports In 2019 the top importers of Non-Knit Men's Suits were United States ($8.71B), Germany ($5.55B), France ($2.61B), Japan ($2.57B), and United Kingdom ($2.26B).
Tariffs In 2018 the average tariff for Non-Knit Men's Suits was 24.3%, making it the 47th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Non-Knit Men's Suits are Iran (55%), Syria (73.5%), Austria (56.6%), and South Africa (40.2%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), Maldives (0%), and Singapore (0%).
Ranking Non-Knit Men's Suits ranks 835th in the Product Complexity Index (PCI).
Description Men's suits are used to dress men for special occasions, such as weddings and funerals. Men's suits can be made from a variety of materials, including wool, cotton, silk, and polyester.
The following visualization shows the latest trends on Non-Knit Men's Suits. 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 October 2021 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2019): China, $9.75B
Top Destination (2019): United States, $8.71B
Non-Knit Men's Suits are the world's 74th most traded product.
In 2019, the top exporters of Non-Knit Men's Suits were China ($9.75B), Bangladesh ($7.06B), Germany ($3.15B), Vietnam ($3.11B), and Italy ($2.26B).
In 2019, the top importers of Non-Knit Men's Suits were United States ($8.71B), Germany ($5.55B), France ($2.61B), Japan ($2.57B), and United Kingdom ($2.26B).
Trade by country
Top Origin Growth (2018 - 2019): Bangladesh, $164M
Top Destination Growth (2018 - 2019): Poland, $190M
Between 2018 and 2019, the exports of Non-Knit Men's Suits grew the fastest in Bangladesh ($164M), Vietnam ($122M), Turkey ($120M), Netherlands ($118M), and India ($112M).
Between 2018 and 2019, the fastest growing importers of Non-Knit Men's Suits were Poland ($190M), Saudi Arabia ($95.9M), Kazakhstan ($69.1M), Germany ($60.7M), and Philippines ($53.2M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Non-Knit Men's Suits.
In 2019, market concentration measured using Shannon Entropy, was 4.61. This means that most of the exports of Non-Knit Men's Suits are explained by 24 countries.
TOP NET EXPORTER (2019): China, $9.08B
TOP NET IMPORTER (2019): United States, $8.46B
This map shows which countries export or import more of Non-Knit Men's Suits. Each country is colored based on the difference in exports and imports of Non-Knit Men's Suits during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Non-Knit Men's Suits were China ($9.08B), Bangladesh ($7.05B), Vietnam ($3B), Pakistan ($1.68B), and Turkey ($1.58B).
In 2019, the countries that had a largest trade value in imports than in exports of Non-Knit Men's Suits were United States ($8.46B), Japan ($2.49B), Germany ($2.4B), France ($1.94B), and United Kingdom ($1.7B).
In 2019, the world most traded Non-Knit Men's Suits, disaggragated by their HS6 level were Mens, boys trousers & shorts, of... ($26.7B), Mens, boys trousers shorts, synthetic fibre,... ($8.16B), Mens, boys jackets, blazers, synthetic fibre,... ($2.64B), Mens, boys jackets & blazers, wool... ($1.67B), and Mens, boys suits, of wool or... ($1.65B)
This visualization shows the countries that have an important ratio of their trade related to Non-Knit Men's Suits. It is possible to select the main countries that export or import Non-Knit Men's Suits in the world, or by continent, as well as select the measure of interest.
In 2018, the average tariff for importing Non-Knit Men's Suits was 24.3%. The countries with the highest tariffs for importing Non-Knit Men's Suits were Iran (55%), Syria (73.5%), Austria (56.6%), and South Africa (40.2%).
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.