Non-Knit Men's Suits in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $238M in Non-Knit Men's Suits, making it the 31st largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 241st most exported product in United Kingdom. The main destination of Non-Knit Men's Suits exports from United Kingdom are: Netherlands ($47.7M), Ireland ($22.9M), United States ($22.6M), Germany ($18.5M), and France ($13.7M).

The fastest growing export markets for Non-Knit Men's Suits of United Kingdom between 2021 and 2022 were Netherlands ($14.3M), Bangladesh ($5.86M), and China ($5.38M).

Imports In 2022, United Kingdom imported $2.07B in Non-Knit Men's Suits, becoming the 6th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 67th most imported product in United Kingdom. United Kingdom imports Non-Knit Men's Suits primarily from: Bangladesh ($482M), China ($319M), Pakistan ($217M), Vietnam ($115M), and Turkey ($112M).

The fastest growing import markets in Non-Knit Men's Suits for United Kingdom between 2021 and 2022 were Bangladesh ($171M), China ($99.4M), and Vietnam ($60.8M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (2), ASOS US SALES LLC (2), and DOLE FRESH FRUIT COMPANY (1) were at the forefront of shipping Non-Knit Men's Suits from United Kingdom to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Non-Knit Men's Suits exports accounted up to £17.8M and imports accounted up to £96.9M, resulting in a negative trade balance of £79.1M. Between February 2023 and February 2024 the exports of United Kingdom's Non-Knit Men's Suits have decreased by £-49.6k (-0.28%) from £17.9M to £17.8M, while imports decreased by £-32.9M (-25.4%) from £130M to £96.9M.

Destinations In February 2024, Non-Knit Men's Suits were exported mostly to Netherlands (£4.38M), Ireland (£3.28M), United States (£1.85M), France (£1.76M), and Italy (£1.1M), and were imported mostly from Bangladesh (£20.1M), China (£12.2M), Italy (£10.3M), Pakistan (£6.2M), and Netherlands (£5.91M).

Growth In February 2024, the decrease in Non-Knit Men's Suits's year-by-year exports was explained primarily by a decrease in exports to United States (£-583k or -30.5%), South Korea (£-506k or -44.5%), and Israel (£-271k or -81.6%). In February 2024, the decrease in Non-Knit Men's Suits's year-by-year imports was explained primarily by a decrease in imports from Italy (£-816k or -8.47%), Sri Lanka (£-631k or -23.6%), and Belgium (£-524k or -27%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£-49.6k(-0.28%)

IMPORT GROWTH (February 2023 - February 2024)£-32.9M(-25.4%)

MAIN EXPORTER (February 2024)Dover Eurotunnel£4.92M

MAIN DESTINATION (February 2024)Netherlands£4.38M

This section shows Non-Knit Men's Suits's exports and imports data at subnational level for United Kingdom. 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 Non-Knit Men's Suits over time.

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