2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 909 / 1025
2022
Imports
falseWorld Rnk 75 / 218
Flag Rnk 63 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported N/A in Knit Sweaters, making it the 103rd largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 161st most exported product in Uruguay. The main destination of Knit Sweaters exports from Uruguay are: United States ($813k), Italy ($479k), Panama ($184k), Costa Rica ($166k), and Peru ($105k).

The fastest growing export markets for Knit Sweaters of Uruguay between 2021 and 2022 were Italy ($228k), Panama ($184k), and Costa Rica ($157k).

Imports In 2022, Uruguay imported $44.9M in Knit Sweaters, becoming the 75th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 63rd most imported product in Uruguay. Uruguay imports Knit Sweaters primarily from: China ($24.6M), Bangladesh ($8.91M), Cambodia ($1.62M), Spain ($1.47M), and Brazil ($1.28M).

The fastest growing import markets in Knit Sweaters for Uruguay between 2021 and 2022 were China ($5.41M), Bangladesh ($3.44M), and Cambodia ($945k).

Latest Trends

Jul 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
IMPORTS (2022)$44.9M

In N/A, Uruguay exported N/A in Knit Sweaters. The main destinations of Uruguay exports on Knit Sweaters were United States ($813k), Italy ($479k), Panama ($184k), Costa Rica ($166k), and Peru ($105k).

In 2022, Uruguay imported $44.9M in Knit Sweaters, mainly from China ($24.6M), Bangladesh ($8.91M), Cambodia ($1.62M), Spain ($1.47M), and Brazil ($1.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
Italy$228k (90.8%)
Panama$184k (1%)
Costa Rica$157k (1.75k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Uruguay WERE (2021 - 2022):
Argentina-$332k (-98.4%)
France-$90.6k (-67.9%)
China-$44.2k (-83.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Knit Sweaters were:
In 2022, Uruguay'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+ $1.14M
TOP IMPORT POTENTIALBangladesh+ $4.32M

Knit Sweaters’s highest export potential is United States. With an export gap of $1.14M.   Knit Sweaters’s highest import potential is Bangladesh with an import gap of $4.32M.

See methodology.

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