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611420 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.29BRnk 1308 / 4644
2023
Top Exporter | Top Importer $418M | $427MChina | United States
2023
Product Complexity -1.31Rnk 4115 / 4656
2022 - 2023
Export Growth (CAGR) -26.5%Rnk 4080 / 4644
2023
Share of World Trade 0.01%Rnk 1308 / 4644

About

Overview This page contains the latest trade data of Garments nes, of cotton, knit. In 2023, Garments nes, of cotton, knit were the world's 1308th most traded product, with a total trade of $2.29B. Between 2022 and 2023 the exports of Garments nes, of cotton, knit decreased by -26.5%, from $3.12B to $2.29B. Trade in Garments nes, of cotton, knit represent 0.01% of total world trade.

Garments nes, of cotton, knit are a part of Other Knit Garments.

Exports In 2023 the top exporters of Garments nes, of cotton, knit  were China ($418M), Bangladesh ($325M), Vietnam ($149M), India ($144M), and Turkey ($116M).

Imports In 2023 the top importers of Garments nes, of cotton, knit were United States ($427M), Malaysia ($261M), Germany ($253M), Spain ($112M), and France ($77.4M).

Ranking Garments nes, of cotton, knit ranks 4115th in the Product Complexity Index (PCI).

Description Apparel is the general term for clothing that is worn on the body. Garments are made of cotton, which is a natural fiber.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Garments nes, of cotton, knit. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$418M
Top Destination (2023)United States$427M

In 2023 Garments nes, of cotton, knit were the world's 1308th most traded product (out of 4,644).

In 2023, the top exporters of Garments nes, of cotton, knit were China ($418M), Bangladesh ($325M), Vietnam ($149M), India ($144M), and Turkey ($116M).

In 2023, the top importers of Garments nes, of cotton, knit were United States ($427M), Malaysia ($261M), Germany ($253M), Spain ($112M), and France ($77.4M).

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Exporters of Garments nes, of cotton, knit (2023)
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Importers of Garments nes, of cotton, knit (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Nicaragua$14M
Top Destination Growth (2022 -  2023)South Africa$13M

Between 2022 and 2023, the exports of Garments nes, of cotton, knit grew the fastest in Nicaragua ($14M), Mexico ($10.7M), Luxembourg ($6.81M), United States ($1.91M), and Bosnia and Herzegovina ($1.6M).

Between 2022 and 2023, the fastest growing importers of Garments nes, of cotton, knit were South Africa ($13M), United Arab Emirates ($12.5M), Vietnam ($12.3M), Kuwait ($11.2M), and Philippines ($7.07M).

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Exporters of Garments nes, of cotton, knit (2022 - 2023)

Importers of Garments nes, of cotton, knit (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Garments nes, of cotton, knit.

In 2023, market concentration measured using Shannon Entropy, was 4.54. This means that most of the exports of Garments nes, of cotton, knit are explained by 23 countries.

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Value of Exports in Garments nes, of cotton, knit

Net Trade

TOP NET EXPORTER (2023)China$393M
TOP NET IMPORTER (2023)United States$409M

This map shows which countries export or import more of Garments nes, of cotton, knit. Each country is colored based on the difference in exports and imports of Garments nes, of cotton, knit during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Garments nes, of cotton, knit were China ($393M), Bangladesh ($325M), India ($134M), Vietnam ($131M), and Turkey ($108M).

In 2023, the countries that had a largest trade value in imports than in exports of Garments nes, of cotton, knit were United States ($409M), Germany ($190M), Malaysia ($161M), United Kingdom ($61.4M), and Australia ($50.1M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Garments nes, of cotton, knit.
It is possible to select the main countries that export or import Garments nes, of cotton, knit in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Garments nes, of cotton, knit by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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