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2022
Exports $27.6MWorld Rnk 23 / 184
Flag Rnk 676 / 1216
2022
Destination $1.34M Netherlands
2021 - 2022
FASTEST GROWING MARKET $1.34MAustralia
2022
PRODUCT COMPLEXITY IN Knit Men's Coats-1.3Rnk 907 / 1025
2022
Imports $214MWorld Rnk 3 / 209
Flag Rnk 431 / 1214
2022
Origin $28.9M China
2021 - 2022
FASTEST GROWING ORIGIN $28.9MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $27.6M in Knit Men's Coats, making it the 23rd largest exporter of Knit Men's Coats in the world. At the same year, Knit Men's Coats was the 676th most exported product in United Kingdom. The main destination of Knit Men's Coats exports from United Kingdom are: Netherlands ($3.49M), Germany ($3.03M), Ireland ($2.25M), France ($1.83M), and Belgium ($1.67M).

The fastest growing export markets for Knit Men's Coats of United Kingdom between 2021 and 2022 were Australia ($1.34M), Japan ($1.13M), and Netherlands ($975k).

Imports In 2022, United Kingdom imported $214M in Knit Men's Coats, becoming the 3rd largest importer of Knit Men's Coats in the world. At the same year, Knit Men's Coats was the 431st most imported product in United Kingdom. United Kingdom imports Knit Men's Coats primarily from: China ($57.5M), Cambodia ($32.3M), Pakistan ($20M), Bangladesh ($17.3M), and Vietnam ($16.4M).

The fastest growing import markets in Knit Men's Coats for United Kingdom between 2021 and 2022 were China ($28.9M), Cambodia ($23.2M), and Bangladesh ($9.3M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Knit Men's Coats exports accounted up to £2.25M and imports accounted up to £5.7M, resulting in a negative trade balance of £3.45M. Between June 2023 and June 2024 the exports of United Kingdom's   Knit Men's Coats have increased by £700k (45.1%) from £1.55M to £2.25M, while imports decreased by £-3M (-34.4%) from £8.7M to £5.7M.

Destinations In June 2024, Knit Men's Coats were exported mostly to Malaysia (£485k), Netherlands (£258k), Belgium (£256k), France (£208k), and Ireland (£178k), and were imported mostly from China (£914k), Pakistan (£627k), Belgium (£585k), Bangladesh (£426k), and Vietnam (£377k).

Growth In June 2024, the increase in Knit Men's Coats's year-by-year exports was explained primarily by an increase in exports to Germany (£488k or 308%), Ireland (£98.5k or 87.6%), and Netherlands (£65.4k or 22.6%). In June 2024, the decrease in Knit Men's Coats's year-by-year imports was explained primarily by a decrease in imports from Spain (£-896k or -75.5%), China (£-884k or -27.1%), and France (£-615k or -52%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£700k(45.1%)
IMPORT GROWTH (June 2023 - June 2024)£-3M(-34.4%)
MAIN EXPORTER (June 2024)London Heathrow Airport£2.73M
MAIN DESTINATION (June 2024)Malaysia£485k

This section shows Knit Men's Coats'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 Men's Coats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.6M
IMPORTS (2022)$214M
NET TRADE (2022)-$186M

In 2022, United Kingdom exported $27.6M in Knit Men's Coats. The main destinations of United Kingdom exports on Knit Men's Coats were Netherlands ($3.49M), Germany ($3.03M), Ireland ($2.25M), France ($1.83M), and Belgium ($1.67M).

In 2022, United Kingdom imported $214M in Knit Men's Coats, mainly from China ($57.5M), Cambodia ($32.3M), Pakistan ($20M), Bangladesh ($17.3M), and Vietnam ($16.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Coats EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Australia$1.34M (515%)
Japan$1.13M (277%)
Netherlands$975k (38.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Coats BY United Kingdom WERE (2021 - 2022):
United States-$2.91M (-68.9%)
Germany-$1.87M (-38.2%)
Russia-$1.07M (-95%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Knit Men's Coats were:
China $843M
Vietnam $460M
Bangladesh $301M
In 2022, United Kingdom's main importing competitors in Knit Men's Coats were:
United States $975M
Germany $495M

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Trade Value of Knit Men's Coats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.81M
TOP IMPORT POTENTIALBangladesh+ $6.04M

Knit Men's Coats’s highest export potential is Germany. With an export gap of $1.81M.   Knit Men's Coats’s highest import potential is Bangladesh with an import gap of $6.04M.

See methodology.

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