2018
Exports
$1.47BWorld Rnk 12 / 221
Flag Rnk 43 / 1194
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 909 / 1025
2018
Imports
$52.4MWorld Rnk 73 / 218
Flag Rnk 484 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2018, Indonesia exported $1.47B in Knit Sweaters, making it the 12th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 43rd most exported product in Indonesia. The main destination of Knit Sweaters exports from Indonesia are: United States ($1.03B), Japan ($76M), Canada ($62.1M), Germany ($41.3M), and Poland ($29.1M).

The fastest growing export markets for Knit Sweaters of Indonesia between 2021 and 2022 were United States ($104M), Poland ($7.31M), and Canada ($6.71M).

Imports In 2022, Indonesia imported $52.4M in Knit Sweaters, becoming the 73rd largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 484th most imported product in Indonesia. Indonesia imports Knit Sweaters primarily from: China ($24M), Spain ($7.15M), Bangladesh ($6.11M), Vietnam ($4.05M), and Malaysia ($1.95M).

The fastest growing import markets in Knit Sweaters for Indonesia between 2021 and 2022 were China ($6.94M), Bangladesh ($1.87M), and Malaysia ($1.44M).

COMPANIES In 2023, leading companies such as Gap (944), Old Navy (879), and Athleta (170) were at the forefront of shipping Knit Sweaters from Indonesia to the United States.

Latest Trends

Sep 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 Sweaters. 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)$1.47B
IMPORTS (2022)$52.4M
NET TRADE (2022)$1.42B

In 2022, Indonesia exported $1.47B in Knit Sweaters. The main destinations of Indonesia exports on Knit Sweaters were United States ($1.03B), Japan ($76M), Canada ($62.1M), Germany ($41.3M), and Poland ($29.1M).

In 2022, Indonesia imported $52.4M in Knit Sweaters, mainly from China ($24M), Spain ($7.15M), Bangladesh ($6.11M), Vietnam ($4.05M), and Malaysia ($1.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
United States$104M (11.2%)
Poland$7.31M (33.6%)
Canada$6.71M (12.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Indonesia WERE (2021 - 2022):
Japan-$23.7M (-23.8%)
Australia-$16.2M (-57.6%)
Germany-$9.76M (-19.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Knit Sweaters were:
In 2022, Indonesia's main importing competitors in Knit Sweaters were:

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $52.9M
TOP IMPORT POTENTIALChina+ $17.2M

Knit Sweaters’s highest export potential is United States. With an export gap of $52.9M.   Knit Sweaters’s highest import potential is China with an import gap of $17.2M.

See methodology.

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