HS Icon T-shirts, singlets etc, of material nes, knit

610990 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $14.8B, Rnk 190 / 4648

2019
Top Exporter | Top Importer
: $3.5B | $2.64B, China | United States

2019
Product Complexity
: -1.75, Rnk 4591 / 4826

2018 - 2019
Export Growth (CAGR)
: -5.98%, Rnk 2793 / 4648

2018
Mean Tariff
: 25%, Rnk 210 / 6538

 2019
Share of World Trade
: 0.082%, Rnk 190 / 4648

Overview:  This page contains the latest trade data of T-shirts, singlets etc, of material nes, knit. In 2019, T-shirts, singlets etc, of material nes, knit were the world's 190th most traded product, with a total trade of $14.8B. Between 2018 and 2019 the exports of T-shirts, singlets etc, of material nes, knit decreased by -5.98%, from  $15.8B to $14.8B. Trade in T-shirts, singlets etc, of material nes, knit represent 0.082% of total world trade.

Exports: In 2019 the top exporters of T-shirts, singlets etc, of material nes, knit  were China ($3.5B), Vietnam ($1.1B), Turkey ($1.03B), Bangladesh ($856M), and Germany ($759M).

Imports: In 2019 the top importers of T-shirts, singlets etc, of material nes, knit were United States ($2.64B), Germany ($1.56B), Japan ($1.2B), France ($888M), and United Kingdom ($874M).

Tariffs: In 2018 the average tariff for T-shirts, singlets etc, of material nes, knit was 25%, making it the 210th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for T-shirts, singlets etc, of material nes, knit are Iran (100%), Syria (73.5%), Barbados (63.6%), 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: T-shirts, singlets etc, of material nes, knit ranks 4591st in the Product Complexity Index (PCI).

Description: T-shirts, singlets etc are often made out of cotton, which is a natural fibre. They are often worn as undergarments and can be considered a form of lingerie. In warmer climates, they can be worn as sleeveless shirts and in colder climates, as a top layer of clothing.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $3.5B

Top Destination (2019): United States, $2.64B

T-shirts, singlets etc, of material nes, knit are the world's 190th most traded product.

In 2019, the top exporters of T-shirts, singlets etc, of material nes, knit were China ($3.5B), Vietnam ($1.1B), Turkey ($1.03B), Bangladesh ($856M), and Germany ($759M).

In 2019, the top importers of T-shirts, singlets etc, of material nes, knit were United States ($2.64B), Germany ($1.56B), Japan ($1.2B), France ($888M), and United Kingdom ($874M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Honduras, $167M

Top Destination Growth (2018 - 2019): United States, $208M

Between 2018 and 2019, the exports of T-shirts, singlets etc, of material nes, knit grew the fastest in Honduras ($167M), Haiti ($75.6M), Myanmar ($39.1M), Egypt ($16.2M), and Sri Lanka ($15.1M).

Between 2018 and 2019, the fastest growing importers of T-shirts, singlets etc, of material nes, knit were United States ($208M), South Korea ($27.6M), Saudi Arabia ($27.5M), Philippines ($15M), and Mozambique ($10.4M).

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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 T-shirts, singlets etc, of material nes, knit.

In 2019,  market concentration measured using Shannon Entropy, was 4.72. This means that most of the exports of T-shirts, singlets etc, of material nes, knit are explained by 26 countries.

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TOP NET EXPORTER (2019): China, $3.3B

TOP NET IMPORTER (2019): United States, $2.5B

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

In 2019, the countries that had a largest trade value in exports than in imports of T-shirts, singlets etc, of material nes, knit were China ($3.3B), Vietnam ($1.09B), Turkey ($963M), Bangladesh ($854M), and Cambodia ($607M).

In 2019, the countries that had a largest trade value in imports than in exports of T-shirts, singlets etc, of material nes, knit were United States ($2.5B), Japan ($1.19B), Germany ($806M), United Kingdom ($695M), and France ($618M).

Import Tariffs

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In 2018, the average tariff for importing T-shirts, singlets etc, of material nes, knit was 25%.  The countries with the highest tariffs for importing T-shirts, singlets etc, of material nes, knit were Iran (100%), Syria (73.5%), Barbados (63.6%), 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.