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2022
Exports $4.9BWorld Rnk 1 / 207
Flag Rnk 146 / 1216
2022
Destination $203M United States
2021 - 2022
FASTEST GROWING MARKET $203MPhilippines
2022
PRODUCT COMPLEXITY IN Knit Men's Suits-1.32Rnk 915 / 1025
2022
Imports $219MWorld Rnk 17 / 221
Flag Rnk 501 / 1212
2022
Origin $12.6M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $12.6MPakistan
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $4.9B in Knit Men's Suits, making it the 1st largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 146th most exported product in China. The main destination of Knit Men's Suits exports from China are: United States ($488M), Japan ($364M), Philippines ($296M), Saudi Arabia ($216M), and Kyrgyzstan ($154M).

The fastest growing export markets for Knit Men's Suits of China between 2021 and 2022 were Philippines ($203M), Saudi Arabia ($74.2M), and Kyrgyzstan ($65.1M).

Imports In 2022, China imported $219M in Knit Men's Suits, becoming the 17th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 501st most imported product in China. China imports Knit Men's Suits primarily from: Vietnam ($35.7M), Italy ($32.1M), Cambodia ($24.2M), Pakistan ($22.7M), and China ($18.1M).

The fastest growing import markets in Knit Men's Suits for China between 2021 and 2022 were Pakistan ($12.6M), Bangladesh ($5M), and France ($2.2M).

COMPANIES In 2023, leading companies such as You Hao Trading (209), CrimsonLogic (145), and Guess Clothing (116) were at the forefront of shipping Knit Men's Suits from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Knit Men's Suits exports accounted up to $426M and imports accounted up to $22.2M, resulting in a positive trade balance of $404M. Between November 2023 and November 2024 the exports of China's   Knit Men's Suits have increased by $20.3M (4.99%) from $406M to $426M, while imports decreased by $-3.64M (-14.1%) from $25.9M to $22.2M.

Destinations In November 2024, Knit Men's Suits were exported mostly to United States ($87M), Japan ($22.4M), Kazakhstan ($22.3M), Malaysia ($18.7M), and Philippines ($17M), and were imported mostly from Vietnam ($4.49M), Pakistan ($4.15M), Italy ($2.99M), Cambodia ($2.87M), and Portugal ($1.18M).

Growth In November 2024, the increase in Knit Men's Suits's year-by-year exports was explained primarily by an increase in exports to Singapore ($24.1M or 446%), Saudi Arabia ($11.2M or 58.5%), and Angola ($5.16M or 458%). In November 2024, the decrease in Knit Men's Suits's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-6.02M or -74.3%), Bangladesh ($-2.62M or -74.6%), and Indonesia ($-769k or -41%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$20.3M(4.99%)
IMPORT GROWTH (November 2023 - November 2024)$-3.64M(-14.1%)
MAIN EXPORTER (November 2024)Zhejiang Province$145M
MAIN DESTINATION (November 2024)United States$87M

This section shows Knit Men's Suits's exports and imports data at subnational level for China. 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 Suits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.9B
IMPORTS (2022)$219M
NET TRADE (2022)$4.68B

In 2022, China exported $4.9B in Knit Men's Suits. The main destinations of China exports on Knit Men's Suits were United States ($488M), Japan ($364M), Philippines ($296M), Saudi Arabia ($216M), and Kyrgyzstan ($154M).

In 2022, China imported $219M in Knit Men's Suits, mainly from Vietnam ($35.7M), Italy ($32.1M), Cambodia ($24.2M), Pakistan ($22.7M), and China ($18.1M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR China WERE (2021 - 2022):
Philippines$203M (218%)
Saudi Arabia$74.2M (52.3%)
Kyrgyzstan$65.1M (73.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY China WERE (2021 - 2022):
United States-$94.5M (-16.2%)
Japan-$90.6M (-19.9%)
Algeria-$22.1M (-42.7%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Knit Men's Suits were:
Bangladesh $1.43B
Vietnam $1.42B
In 2022, China's main importing competitors in Knit Men's Suits were:
United States $3.65B
Germany $921M
United Kingdom $799M

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $131M
TOP IMPORT POTENTIALVietnam+ $33.6M

Knit Men's Suits’s highest export potential is United States. With an export gap of $131M.   Knit Men's Suits’s highest import potential is Vietnam with an import gap of $33.6M.

See methodology.

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