Pullovers, cardigans etc of cotton, knit611020 (Harmonized System 1992 for 6-digit)
2019 World Trade: $25.2B, Rnk 102 / 4648
2019 Top Exporter | Top Importer: $6.71B | $6.67B, China | United States
2019 Product Complexity: -1.93, Rnk 4662 / 4826
2018 Mean Tariff: 23.9%, Rnk 321 / 6538
2019 Share of World Trade: 0.14%, Rnk 102 / 4648
Exports: In 2019 the top exporters of Pullovers, cardigans etc of cotton, knit were China ($6.71B), Bangladesh ($2.88B), Vietnam ($2.16B), Germany ($1.19B), and Turkey ($1.14B).
Imports: In 2019 the top importers of Pullovers, cardigans etc of cotton, knit were United States ($6.67B), Germany ($2.38B), Japan ($1.33B), United Kingdom ($1.33B), and France ($1.24B).
Tariffs: In 2018 the average tariff for Pullovers, cardigans etc of cotton, knit was 23.9%, making it the 321st lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Pullovers, cardigans etc of cotton, knit are Iran (100%), Syria (73.5%), Turkmenistan (50%), 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: Pullovers, cardigans etc of cotton, knit ranks 4662nd in the Product Complexity Index (PCI).
Description: Pullovers, cardigans and sweaters are all a type of knitwear that is typically made from cotton. This type of knitwear is typically loose and comfortable which makes it a popular choice for layering items for warmth.
Trade By Country
Top Origin (2019): China, $6.71B
Top Destination (2019): United States, $6.67B
Pullovers, cardigans etc of cotton, knit are the world's 102nd most traded product.
In 2019, the top exporters of Pullovers, cardigans etc of cotton, knit were China ($6.71B), Bangladesh ($2.88B), Vietnam ($2.16B), Germany ($1.19B), and Turkey ($1.14B).
In 2019, the top importers of Pullovers, cardigans etc of cotton, knit were United States ($6.67B), Germany ($2.38B), Japan ($1.33B), United Kingdom ($1.33B), and France ($1.24B).
Trade by country
Top Origin Growth (2018 - 2019): Vietnam, $408M
Top Destination Growth (2018 - 2019): United States, $563M
Between 2018 and 2019, the exports of Pullovers, cardigans etc of cotton, knit grew the fastest in Vietnam ($408M), Honduras ($298M), China ($295M), Italy ($175M), and Bangladesh ($174M).
Between 2018 and 2019, the fastest growing importers of Pullovers, cardigans etc of cotton, knit were United States ($563M), Chinese Taipei ($257M), Japan ($190M), Philippines ($147M), and Switzerland ($138M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Pullovers, cardigans etc of cotton, knit.
In 2019, market concentration measured using Shannon Entropy, was 4.3. This means that most of the exports of Pullovers, cardigans etc of cotton, knit are explained by 19 countries.
TOP NET EXPORTER (2019): China, $6.3B
TOP NET IMPORTER (2019): United States, $6.49B
This map shows which countries export or import more of Pullovers, cardigans etc of cotton, knit. Each country is colored based on the difference in exports and imports of Pullovers, cardigans etc of cotton, knit during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Pullovers, cardigans etc of cotton, knit were China ($6.3B), Bangladesh ($2.88B), Vietnam ($2.13B), Cambodia ($1.13B), and Turkey ($1.06B).
In 2019, the countries that had a largest trade value in imports than in exports of Pullovers, cardigans etc of cotton, knit were United States ($6.49B), Japan ($1.29B), Germany ($1.18B), United Kingdom ($955M), and France ($724M).
In 2018, the average tariff for importing Pullovers, cardigans etc of cotton, knit was 23.9%. The countries with the highest tariffs for importing Pullovers, cardigans etc of cotton, knit were Iran (100%), Syria (73.5%), Turkmenistan (50%), South Africa (40.8%), and Bolivia (38.3%).
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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