HS Icon Pullovers, cardigans etc of manmade fibres, knit

611030 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $25.8B, Rnk 96 / 4648

2019
Top Exporter | Top Importer
: $9.88B | $6.25B, China | United States

2019
Product Complexity
: -1.99, Rnk 4682 / 4826

2018 - 2019
Export Growth (CAGR)
: 0.59%, Rnk 1391 / 4648

2018
Mean Tariff
: 23.9%, Rnk 322 / 6538

 2019
Share of World Trade
: 0.14%, Rnk 96 / 4648

Overview:  This page contains the latest trade data of Pullovers, cardigans etc of manmade fibres, knit. In 2019, Pullovers, cardigans etc of manmade fibres, knit were the world's 96th most traded product, with a total trade of $25.8B. Between 2018 and 2019 the exports of Pullovers, cardigans etc of manmade fibres, knit grew by 0.59%, from  $25.7B to $25.8B. Trade in Pullovers, cardigans etc of manmade fibres, knit represent 0.14% of total world trade.

Exports: In 2019 the top exporters of Pullovers, cardigans etc of manmade fibres, knit  were China ($9.88B), Bangladesh ($2.62B), Vietnam ($1.78B), Germany ($1.09B), and Cambodia ($1.08B).

Imports: In 2019 the top importers of Pullovers, cardigans etc of manmade fibres, knit were United States ($6.25B), Germany ($2.38B), Japan ($2.3B), France ($1.45B), and United Kingdom ($1.39B).

Tariffs: In 2018 the average tariff for Pullovers, cardigans etc of manmade fibres, knit was 23.9%, making it the 322nd 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 4682nd in the Product Complexity Index (PCI).

Description: Pullovers, cardigans, etc. are often made of manmade fibers such as acrylic, polyester, and polypropylene. They are often worn in cold weather.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $9.88B

Top Destination (2019): United States, $6.25B

Pullovers, cardigans etc of manmade fibres, knit are the world's 96th most traded product.

In 2019, the top exporters of Pullovers, cardigans etc of manmade fibres, knit were China ($9.88B), Bangladesh ($2.62B), Vietnam ($1.78B), Germany ($1.09B), and Cambodia ($1.08B).

In 2019, the top importers of Pullovers, cardigans etc of manmade fibres, knit were United States ($6.25B), Germany ($2.38B), Japan ($2.3B), France ($1.45B), and United Kingdom ($1.39B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Honduras, $436M

Top Destination Growth (2018 - 2019): United States, $485M

Between 2018 and 2019, the exports of Pullovers, cardigans etc of manmade fibres, knit grew the fastest in Honduras ($436M), Vietnam ($150M), Myanmar ($88.2M), Bangladesh ($58.3M), and Sri Lanka ($34.7M).

Between 2018 and 2019, the fastest growing importers of Pullovers, cardigans etc of manmade fibres, knit were United States ($485M), Pakistan ($109M), Greece ($109M), South Korea ($105M), and Kyrgyzstan ($71.9M).

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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 2019,  market concentration measured using Shannon Entropy, was 3.9. 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 (2019): China, $9.67B

TOP NET IMPORTER (2019): United States, $6.09B

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Pullovers, cardigans etc of manmade fibres, knit were China ($9.67B), Bangladesh ($2.62B), Vietnam ($1.76B), Cambodia ($1.05B), and Turkey ($805M).

In 2019, the countries that had a largest trade value in imports than in exports of Pullovers, cardigans etc of manmade fibres, knit were United States ($6.09B), Japan ($2.29B), Germany ($1.29B), United Kingdom ($1.15B), and France ($1.07B).

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.