Overview In June 2024 United States' Warp knit fabrics (including those made on galloon knitting machines) exports accounted up to $11.4M and imports accounted up to $27.8M, resulting in a negative trade balance of $16.5M. Between June 2023 and June 2024 the exports of United States' Warp knit fabrics (including those made on galloon knitting machines) have decreased by $-3.35M (-22.8%) from $14.7M to $11.4M, while imports increased by $1.21M (4.55%) from $26.6M to $27.8M.
Destinations In June 2024, Warp knit fabrics (including those made on galloon knitting machines) were exported mostly to Mexico ($7.85M), Canada ($1.03M), Guatemala ($714k), China ($352k), and Dominican Republic ($166k), and were imported mostly from Israel ($9.63M), China ($5.53M), South Korea ($4.67M), Italy ($1.64M), and Germany ($1.1M).
Growth In June 2024, the decrease in Warp knit fabrics (including those made on galloon knitting machines)'s year-by-year exports was explained primarily by a decrease in exports to Guatemala ($-867k or -50.3%), China ($-208k or -50.7%), and Hong Kong ($-123k or -59.9%). In June 2024, the increase in Warp knit fabrics (including those made on galloon knitting machines)'s year-by-year imports was explained primarily by an increase in imports from Germany ($306k or 110%), Spain ($281k or 164%), and United Kingdom ($255k or 248%).