2023
Exports
$1.09BWorld Rnk 2 / 207
Flag Rnk 10 / 945
2023
PRODUCT COMPLEXITY IN Knit Men's Suits
-1.34Rnk 912 / 1025
2023
Imports
$4.01MWorld Rnk 125 / 221
Flag Rnk 629 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $1.09B in Knit Men's Suits, making it the 2nd largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 10th most exported product in Bangladesh. The main destination of Knit Men's Suits exports from Bangladesh are: United States ($193M), United Kingdom ($89.3M), Italy ($86.1M), Poland ($82.5M), and Germany ($79.3M).

The fastest growing export markets for Knit Men's Suits of Bangladesh between 2022 and 2023 were Japan ($5.05M), Romania ($4.89M), and Australia ($2.77M).

Imports In 2023, Bangladesh imported $4.01M in Knit Men's Suits, becoming the 125th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 629th most imported product in Bangladesh. Bangladesh imports Knit Men's Suits primarily from: China ($3.41M), United Kingdom ($279k), India ($103k), United Arab Emirates ($71.5k), and Singapore ($68.2k).

The fastest growing import markets in Knit Men's Suits for Bangladesh between 2022 and 2023 were China ($251k), Malaysia ($13.1k), and Italy ($3.78k).

COMPANIES In 2024, leading companies such as Bass Pro Shops (8), ASOS (6), and Kontoor Brands (6) were at the forefront of shipping Knit Men's Suits from Bangladesh to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Knit Men's Suits. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.09B
IMPORTS (2023)$4.01M
NET TRADE (2023)$1.09B

In 2023, Bangladesh exported $1.09B in Knit Men's Suits. The main destinations of Bangladesh exports on Knit Men's Suits were United States ($193M), United Kingdom ($89.3M), Italy ($86.1M), Poland ($82.5M), and Germany ($79.3M).

In 2023, Bangladesh imported $4.01M in Knit Men's Suits, mainly from China ($3.41M), United Kingdom ($279k), India ($103k), United Arab Emirates ($71.5k), and Singapore ($68.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Japan$5.05M (21.5%)
Romania$4.89M (322%)
Australia$2.77M (8.94%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY Bangladesh WERE (2022 - 2023):
United States-$118M (-37.9%)
Italy-$53.7M (-38.4%)
Poland-$35.9M (-30.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Knit Men's Suits were:
China $3.83B
Vietnam $1.03B
In 2023, Bangladesh's main importing competitors in Knit Men's Suits were:

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $115M
TOP IMPORT POTENTIALChina+ $2.58M

Knit Men's Suits’s highest export potential is United States. With an export gap of $115M.   Knit Men's Suits’s highest import potential is China with an import gap of $2.58M.

See methodology.

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