2023
Exports
$315MWorld Rnk 10 / 207
Flag Rnk 220 / 1212
2023
PRODUCT COMPLEXITY IN Knit Men's Suits
-1.34Rnk 912 / 1025
2023
Imports
$79MWorld Rnk 32 / 221
Flag Rnk 511 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $315M in Knit Men's Suits, making it the 10th largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 220th most exported product in India. The main destination of Knit Men's Suits exports from India are: United States ($47.8M), United Arab Emirates ($43.9M), Saudi Arabia ($32.3M), United Kingdom ($22.5M), and Poland ($18.1M).

The fastest growing export markets for Knit Men's Suits of India between 2022 and 2023 were Romania ($1.75M), Somalia ($1.53M), and Rwanda ($711k).

Imports In 2023, India imported $79M in Knit Men's Suits, becoming the 32nd largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 511th most imported product in India. India imports Knit Men's Suits primarily from: China ($34.9M), Bangladesh ($22.9M), Vietnam ($4.83M), Cambodia ($4.53M), and Indonesia ($4.17M).

The fastest growing import markets in Knit Men's Suits for India between 2022 and 2023 were China ($12.4M), Turkey ($917k), and United Arab Emirates ($77.2k).

COMPANIES In 2024, leading companies such as Mystic Apparel (3), PVH (Phillips-Van Heusen Corporation) (3), and Mahle Behr (1) were at the forefront of shipping Knit Men's Suits from India to the United States.

Latest Trends

Jan 2025

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)$315M
IMPORTS (2023)$79M
NET TRADE (2023)$236M

In 2023, India exported $315M in Knit Men's Suits. The main destinations of India exports on Knit Men's Suits were United States ($47.8M), United Arab Emirates ($43.9M), Saudi Arabia ($32.3M), United Kingdom ($22.5M), and Poland ($18.1M).

In 2023, India imported $79M in Knit Men's Suits, mainly from China ($34.9M), Bangladesh ($22.9M), Vietnam ($4.83M), Cambodia ($4.53M), and Indonesia ($4.17M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR India WERE (2022 - 2023):
Romania$1.75M (878%)
Somalia$1.53M (338%)
Rwanda$711k (240%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY India WERE (2022 - 2023):
United States-$42M (-46.8%)
United Arab Emirates-$30M (-40.6%)
Saudi Arabia-$10.8M (-25%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Knit Men's Suits were:
In 2023, India'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+ $52.7M
TOP IMPORT POTENTIALBangladesh+ $29.6M

Knit Men's Suits’s highest export potential is United States. With an export gap of $52.7M.   Knit Men's Suits’s highest import potential is Bangladesh with an import gap of $29.6M.

See methodology.

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