Knit Gloves in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $24M in Knit Gloves, making it the 28th largest exporter of Knit Gloves in the world. At the same year, Knit Gloves was the 704th most exported product in United Kingdom. The main destination of Knit Gloves exports from United Kingdom are: Ireland ($7.85M), Netherlands ($2.12M), United States ($1.48M), Germany ($1.09M), and Belgium ($1.09M).

The fastest growing export markets for Knit Gloves of United Kingdom between 2021 and 2022 were Ireland ($1.62M), United States ($515k), and China ($284k).

Imports In 2022, United Kingdom imported $198M in Knit Gloves, becoming the 7th largest importer of Knit Gloves in the world. At the same year, Knit Gloves was the 452nd most imported product in United Kingdom. United Kingdom imports Knit Gloves primarily from: China ($119M), Pakistan ($17.3M), Sri Lanka ($14.1M), Vietnam ($7.08M), and Malaysia ($4.52M).

The fastest growing import markets in Knit Gloves for United Kingdom between 2021 and 2022 were China ($10.3M), Vietnam ($2.92M), and Pakistan ($2.79M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Knit Gloves from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Knit Gloves exports accounted up to £1.93M and imports accounted up to £9.39M, resulting in a negative trade balance of £7.45M. Between January 2023 and January 2024 the exports of United Kingdom's Knit Gloves have increased by £580k (42.9%) from £1.35M to £1.93M, while imports decreased by £-2.14M (-18.6%) from £11.5M to £9.39M.

Destinations In January 2024, Knit Gloves were exported mostly to Ireland (£377k), Sweden (£319k), South Korea (£248k), Netherlands (£175k), and France (£138k), and were imported mostly from China (£3.83M), Pakistan (£1.15M), Sri Lanka (£803k), Vietnam (£541k), and Malaysia (£414k).

Growth In January 2024, the increase in Knit Gloves's year-by-year exports was explained primarily by an increase in exports to South Korea (£183k or 5.06k%), Ireland (£158k or 73.9%), and France (£61.9k or 154%). In January 2024, the decrease in Knit Gloves's year-by-year imports was explained primarily by a decrease in imports from China (£-277k or -5.36%), Sri Lanka (£-238k or -20%), and Indonesia (£-227k or -74.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£580k(42.9%)

IMPORT GROWTH (January 2023 - January 2024)£-2.14M(-18.6%)

MAIN EXPORTER (January 2024)Immingham£380k

MAIN DESTINATION (January 2024)Ireland£377k

This section shows Knit Gloves's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Knit Gloves over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$24M

IMPORTS (2022)$198M

NET TRADE (2022)-$174M

In 2022, United Kingdom exported $24M in Knit Gloves. The main destinations of United Kingdom exports on Knit Gloves were Ireland ($7.85M), Netherlands ($2.12M), United States ($1.48M), Germany ($1.09M), and Belgium ($1.09M).

In 2022, United Kingdom imported $198M in Knit Gloves, mainly from China ($119M), Pakistan ($17.3M), Sri Lanka ($14.1M), Vietnam ($7.08M), and Malaysia ($4.52M).

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