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2023
Exports $96.8MWorld Rnk 18 / 209
Flag Rnk 717 / 1217
2023
Destination $7.85M Mexico
2022 - 2023
FASTEST GROWING MARKET $7.85MEthiopia
2023
PRODUCT COMPLEXITY IN Other Knit Garments-1.41Rnk 930 / 1025
2023
Imports $1.55BWorld Rnk 1 / 221
Flag Rnk 278 / 1215
2023
Origin $17.9M China
2022 - 2023
FASTEST GROWING ORIGIN $17.9MMexico
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $96.8M in Other Knit Garments, making it the 18th largest exporter of Other Knit Garments in the world. At the same year, Other Knit Garments was the 717th most exported product in United States. The main destination of Other Knit Garments exports from United States are: Mexico ($21.5M), Ethiopia ($7.85M), Canada ($6.39M), Aruba ($5.72M), and Israel ($4.77M).

The fastest growing export markets for Other Knit Garments of United States between 2022 and 2023 were Ethiopia ($7.85M), Aruba ($2.47M), and United Kingdom ($2.38M).

Imports In 2023, United States imported $1.55B in Other Knit Garments, becoming the 1st largest importer of Other Knit Garments in the world. At the same year, Other Knit Garments was the 278th most imported product in United States. United States imports Other Knit Garments primarily from: China ($538M), Vietnam ($307M), Indonesia ($111M), Mexico ($69M), and Cambodia ($66M).

The fastest growing import markets in Other Knit Garments for United States between 2022 and 2023 were Mexico ($17.9M), Turkey ($17M), and Nicaragua ($12.3M).

COMPANIES In 2023, leading companies such as Old Navy (437), Gap (120), and American Eagle Outfitters (75) were at the forefront of shipping Other Knit Garments to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Other Knit Garments exports accounted up to $9.47M and imports accounted up to $92M, resulting in a negative trade balance of $82.5M. Between November 2023 and November 2024 the exports of United States'   Other Knit Garments have increased by $1.25M (15.2%) from $8.22M to $9.47M, while imports decreased by $-3.34M (-3.5%) from $95.3M to $92M.

Destinations In November 2024, Other Knit Garments were exported mostly to Canada ($2.82M), Mexico ($1.45M), Panama ($966k), United Kingdom ($767k), and Belgium ($758k), and were imported mostly from China ($36.4M), Vietnam ($19.2M), Indonesia ($6.81M), Cambodia ($4.42M), and Mexico ($2.87M).

Growth In November 2024, the increase in Other Knit Garments's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($1.17M or 713%), Canada ($926k or 36.6%), and Hong Kong ($208k or 1.16k%). In November 2024, the decrease in Other Knit Garments's year-by-year imports was explained primarily by a decrease in imports from China ($-17.8M or -28.6%), Haiti ($-1.13M or -94.5%), and Cambodia ($-957k or -17.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$1.25M(15.2%)
IMPORT GROWTH (November 2023 - November 2024)$-3.34M(-3.5%)
MAIN EXPORTER (November 2024)California$5.61M
MAIN DESTINATION (November 2024)Canada$2.82M

This section shows Other Knit Garments'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 Other Knit Garments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$96.8M
IMPORTS (2023)$1.55B
NET TRADE (2023)-$1.45B

In 2023, United States exported $96.8M in Other Knit Garments. The main destinations of United States exports on Other Knit Garments were Mexico ($21.5M), Ethiopia ($7.85M), Canada ($6.39M), Aruba ($5.72M), and Israel ($4.77M).

In 2023, United States imported $1.55B in Other Knit Garments, mainly from China ($538M), Vietnam ($307M), Indonesia ($111M), Mexico ($69M), and Cambodia ($66M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Knit Garments EXPORT MARKETS FOR United States WERE (2022 - 2023):
Ethiopia$7.85M (1.48M%)
Aruba$2.47M (76%)
United Kingdom$2.38M (143%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Knit Garments BY United States WERE (2022 - 2023):
France-$5.24M (-56.8%)
Italy-$4.33M (-62.7%)
Israel-$3.05M (-39%)
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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 Other Knit Garments were:
China $2.33B
Bangladesh $621M
Vietnam $557M
In 2023, United States's main importing competitors in Other Knit Garments were:
Germany $768M
Spain $531M

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Trade Value of Other Knit Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $4.41M
TOP IMPORT POTENTIALBangladesh+ $57M

Other Knit Garments’s highest export potential is Canada. With an export gap of $4.41M.   Other Knit Garments’s highest import potential is Bangladesh with an import gap of $57M.

See methodology.

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