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2023
Exports $515MWorld Rnk 19 / 222
Flag Rnk 354 / 1217
2023
Destination $47.2M Mexico
2022 - 2023
FASTEST GROWING MARKET $47.2MMexico
2023
PRODUCT COMPLEXITY IN Non-Knit Women's Suits-1.24Rnk 887 / 1025
2023
Imports $10.7BWorld Rnk 1 / 223
Flag Rnk 58 / 1215
2023
Origin $50.2M China
2022 - 2023
FASTEST GROWING ORIGIN $50.2MItaly
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $515M in Non-Knit Women's Suits, making it the 19th largest exporter of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 354th most exported product in United States. The main destination of Non-Knit Women's Suits exports from United States are: Mexico ($77.1M), France ($65.9M), China ($56.8M), Italy ($44.6M), and Canada ($34.9M).

The fastest growing export markets for Non-Knit Women's Suits of United States between 2022 and 2023 were Mexico ($47.2M), China ($37.5M), and Italy ($9.18M).

Imports In 2023, United States imported $10.7B in Non-Knit Women's Suits, becoming the 1st largest importer of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 58th most imported product in United States. United States imports Non-Knit Women's Suits primarily from: China ($2.87B), Vietnam ($1.82B), Bangladesh ($1.09B), India ($989M), and Indonesia ($554M).

The fastest growing import markets in Non-Knit Women's Suits for United States between 2022 and 2023 were Italy ($50.2M), France ($22.9M), and Japan ($6.66M).

COMPANIES In 2023, leading companies such as Old Navy (2.54k), Gap (725), and Banana Republic (652) were at the forefront of shipping Non-Knit Women's Suits to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Non-Knit Women's Suits exports accounted up to $57.5M and imports accounted up to $617M, resulting in a negative trade balance of $559M. Between November 2023 and November 2024 the exports of United States'   Non-Knit Women's Suits have decreased by $-28M (-32.8%) from $85.5M to $57.5M, while imports increased by $43.4M (7.57%) from $573M to $617M.

Destinations In November 2024, Non-Knit Women's Suits were exported mostly to Canada ($16.4M), Mexico ($14M), United Kingdom ($4.97M), France ($2.54M), and Germany ($2.14M), and were imported mostly from China ($139M), Vietnam ($110M), Bangladesh ($72.5M), India ($39.7M), and Italy ($36.9M).

Growth In November 2024, the decrease in Non-Knit Women's Suits's year-by-year exports was explained primarily by a decrease in exports to China ($-11.4M or -93.8%), Russia ($-209k or -95.4%), and Chile ($-186k or -38%). In November 2024, the increase in Non-Knit Women's Suits's year-by-year imports was explained primarily by an increase in imports from Vietnam ($52.9M or 36.2%), Bangladesh ($30.2M or 25.6%), and Indonesia ($26.6M or 55.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-28M(-32.8%)
IMPORT GROWTH (November 2023 - November 2024)$43.4M(7.57%)
MAIN EXPORTER (November 2024)California$35M
MAIN DESTINATION (November 2024)Canada$16.4M

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

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Historical Data

Trade Balance

Color
EXPORTS (2023)$515M
IMPORTS (2023)$10.7B
NET TRADE (2023)-$10.2B

In 2023, United States exported $515M in Non-Knit Women's Suits. The main destinations of United States exports on Non-Knit Women's Suits were Mexico ($77.1M), France ($65.9M), China ($56.8M), Italy ($44.6M), and Canada ($34.9M).

In 2023, United States imported $10.7B in Non-Knit Women's Suits, mainly from China ($2.87B), Vietnam ($1.82B), Bangladesh ($1.09B), India ($989M), and Indonesia ($554M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Women's Suits EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$47.2M (157%)
China$37.5M (194%)
Italy$9.18M (25.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Women's Suits BY United States WERE (2022 - 2023):
Canada-$17.1M (-32.9%)
Netherlands-$14.1M (-48.6%)
Israel-$7.21M (-48.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Non-Knit Women's Suits were:
China $20.4B
Bangladesh $5.64B
Turkey $4.56B
In 2023, United States's main importing competitors in Non-Knit Women's Suits were:
Germany $5.41B
Spain $4.38B

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Trade Value of Non-Knit Women's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $30.6M
TOP IMPORT POTENTIALBangladesh+ $455M

Non-Knit Women's Suits’s highest export potential is Canada. With an export gap of $30.6M.   Non-Knit Women's Suits’s highest import potential is Bangladesh with an import gap of $455M.

See methodology.

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