2022
Exports
$442MWorld Rnk 9 / 207
Flag Rnk 178 / 1212
2022
PRODUCT COMPLEXITY IN Knit Men's Suits
-1.32Rnk 915 / 1025
2022
Imports
$98MWorld Rnk 35 / 221
Flag Rnk 467 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $442M in Knit Men's Suits, making it the 9th largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 178th most exported product in India. The main destination of Knit Men's Suits exports from India are: United States ($80.7M), United Arab Emirates ($68.7M), Saudi Arabia ($34.9M), United Kingdom ($29.3M), and Germany ($24.3M).

The fastest growing export markets for Knit Men's Suits of India between 2021 and 2022 were Kuwait ($7.93M), Poland ($7.49M), and United States ($5.85M).

Imports In 2022, India imported $98M in Knit Men's Suits, becoming the 35th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 467th most imported product in India. India imports Knit Men's Suits primarily from: China ($39.8M), Bangladesh ($28M), Indonesia ($9.41M), Cambodia ($5.15M), and Vietnam ($3.93M).

The fastest growing import markets in Knit Men's Suits for India between 2021 and 2022 were Bangladesh ($12M), China ($4.95M), and Indonesia ($4.11M).

COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (9), Amazon (5), and H&M Clothing (4) were at the forefront of shipping Knit Men's Suits from India to the United States.

Latest Trends

Oct 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 (2022)$442M
IMPORTS (2022)$98M
NET TRADE (2022)$344M

In 2022, India exported $442M in Knit Men's Suits. The main destinations of India exports on Knit Men's Suits were United States ($80.7M), United Arab Emirates ($68.7M), Saudi Arabia ($34.9M), United Kingdom ($29.3M), and Germany ($24.3M).

In 2022, India imported $98M in Knit Men's Suits, mainly from China ($39.8M), Bangladesh ($28M), Indonesia ($9.41M), Cambodia ($5.15M), and Vietnam ($3.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR India WERE (2021 - 2022):
Kuwait$7.93M (136%)
Poland$7.49M (56.4%)
United States$5.85M (7.82%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY India WERE (2021 - 2022):
United Arab Emirates-$61.3M (-47.2%)
Tanzania-$9.2M (-56.4%)
Nigeria-$6.38M (-91.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Knit Men's Suits were:
In 2022, 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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