HS Icon Track suits, of materials nes, knit

611219 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $82M, Rnk 4191 / 4648

2019
Top Exporter | Top Importer
: $12.7M | $10.4M, Italy | France

2019
Product Complexity
: -1.31, Rnk 4262 / 4826

2018 - 2019
Export Growth (CAGR)
: -22.9%, Rnk 4301 / 4648

2018
Mean Tariff
: 22.7%, Rnk 426 / 6538

 2019
Share of World Trade
: 0.00045%, Rnk 4191 / 4648

Overview:  This page contains the latest trade data of Track suits, of materials nes, knit. In 2019, Track suits, of materials nes, knit were the world's 4191st most traded product, with a total trade of $82M. Between 2018 and 2019 the exports of Track suits, of materials nes, knit decreased by -22.9%, from  $106M to $82M. Trade in Track suits, of materials nes, knit represent 0.00045% of total world trade.

Exports: In 2019 the top exporters of Track suits, of materials nes, knit  were Italy ($12.7M), China ($9.11M), France ($9.1M), Cambodia ($5.55M), and India ($5.07M).

Imports: In 2019 the top importers of Track suits, of materials nes, knit were France ($10.4M), Germany ($7.19M), United Kingdom ($5.19M), Spain ($5.1M), and Italy ($4.66M).

Tariffs: In 2018 the average tariff for Track suits, of materials nes, knit was 22.7%, making it the 426th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Track suits, of materials nes, knit are Iran (100%), Syria (73.5%), South Africa (40.8%), Bolivia (38.5%), and Sudan (35%). The countries with the lowest tariffs are Mauritius (0%), Armenia (0%), Hong Kong (0%), Kazakhstan (0%), and Kyrgyzstan (0%).

Ranking: Track suits, of materials nes, knit ranks 4262nd in the Product Complexity Index (PCI).

Description: Track suits are usually made of a cotton or polyester and are used for sport, as casual wear, and for warmth. Track suits are often made with a lighter-weight material on the inside and a heavier-weight material on the outside. They are often made with sweatpants, and they may have a hood or pockets. Materials, such as knit, are often used for track suits because they are comfortable and stretchy.

Exporters and Importers

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Trade By Country

Top Origin (2019): Italy, $12.7M

Top Destination (2019): France, $10.4M

Track suits, of materials nes, knit are the world's 4191st most traded product.

In 2019, the top exporters of Track suits, of materials nes, knit were Italy ($12.7M), China ($9.11M), France ($9.1M), Cambodia ($5.55M), and India ($5.07M).

In 2019, the top importers of Track suits, of materials nes, knit were France ($10.4M), Germany ($7.19M), United Kingdom ($5.19M), Spain ($5.1M), and Italy ($4.66M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Italy, $2.69M

Top Destination Growth (2018 - 2019): Tanzania, $2.39M

Between 2018 and 2019, the exports of Track suits, of materials nes, knit grew the fastest in Italy ($2.69M), India ($2.66M), Vietnam ($1.55M), Netherlands ($1.16M), and Myanmar ($904k).

Between 2018 and 2019, the fastest growing importers of Track suits, of materials nes, knit were Tanzania ($2.39M), France ($2.25M), Georgia ($493k), United States ($349k), and Myanmar ($322k).

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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 Track suits, of materials nes, knit.

In 2019,  market concentration measured using Shannon Entropy, was 4.43. This means that most of the exports of Track suits, of materials nes, knit are explained by 21 countries.

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TOP NET EXPORTER (2019): China, $8.35M

TOP NET IMPORTER (2019): Germany, $5.77M

This map shows which countries export or import more of Track suits, of materials nes, knit. Each country is colored based on the difference in exports and imports of Track suits, of materials nes, knit during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Track suits, of materials nes, knit were China ($8.35M), Italy ($8.02M), Cambodia ($5.45M), India ($4.82M), and Turkey ($4.33M).

In 2019, the countries that had a largest trade value in imports than in exports of Track suits, of materials nes, knit were Germany ($5.77M), United Kingdom ($4.14M), United States ($3.71M), Tanzania ($3.32M), and Japan ($1.71M).

Import Tariffs

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In 2018, the average tariff for importing Track suits, of materials nes, knit was 22.7%.  The countries with the highest tariffs for importing Track suits, of materials nes, knit were Iran (100%), Syria (73.5%), South Africa (40.8%), Bolivia (38.5%), and Sudan (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.