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611430 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.53BRnk 695 / 4648
2022
Top Exporter | Top Importer $2.15B | $1.45BChina | United States
2022
Product Complexity -1.61Rnk 4356 / 4653
2021 - 2022
Export Growth (CAGR) 15.7%Rnk 1061 / 4648
2022
Share of World Trade 0.023%Rnk 695 / 4648

About

Overview This page contains the latest trade data of Garments nes, of manmade fibres, knit. In 2022, Garments nes, of manmade fibres, knit were the world's 695th most traded product, with a total trade of $5.53B. Between 2021 and 2022 the exports of Garments nes, of manmade fibres, knit grew by 15.7%, from $4.78B to $5.53B. Trade in Garments nes, of manmade fibres, knit represent 0.023% of total world trade.

Garments nes, of manmade fibres, knit are a part of Other Knit Garments.

Exports In 2022 the top exporters of Garments nes, of manmade fibres, knit  were China ($2.15B), Vietnam ($438M), Spain ($415M), Bangladesh ($319M), and Germany ($303M).

Imports In 2022 the top importers of Garments nes, of manmade fibres, knit were United States ($1.45B), Germany ($585M), Spain ($334M), United Kingdom ($278M), and Poland ($227M).

Ranking Garments nes, of manmade fibres, knit ranks 4356th in the Product Complexity Index (PCI).

Description Garments are typically used to keep people warm, to protect the wearer from the elements, to protect the wearer from injury, and as a form of self-expression. Manmade fibres are typically used to make garments because they are cheap and last longer, and they can be dyed to any color.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Garments nes, of manmade fibres, 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 (2022)China$2.15B
Top Destination (2022)United States$1.45B

In 2022 Garments nes, of manmade fibres, knit were the world's 695th most traded product (out of 4,648).

In 2022, the top exporters of Garments nes, of manmade fibres, knit were China ($2.15B), Vietnam ($438M), Spain ($415M), Bangladesh ($319M), and Germany ($303M).

In 2022, the top importers of Garments nes, of manmade fibres, knit were United States ($1.45B), Germany ($585M), Spain ($334M), United Kingdom ($278M), and Poland ($227M).

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Exporters of Garments nes, of manmade fibres, knit (2022)
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Importers of Garments nes, of manmade fibres, knit (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$381M
Top Destination Growth (2021 -  2022)United States$240M

Between 2021 and 2022, the exports of Garments nes, of manmade fibres, knit grew the fastest in China ($381M), Spain ($85.6M), Bangladesh ($83.4M), Vietnam ($63M), and Turkey ($27M).

Between 2021 and 2022, the fastest growing importers of Garments nes, of manmade fibres, knit were United States ($240M), Spain ($78.1M), United Kingdom ($63.9M), Canada ($53.6M), and Poland ($40.8M).

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Exporters of Garments nes, of manmade fibres, knit (2021 - 2022)

Importers of Garments nes, of manmade fibres, knit (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.85. This means that most of the exports of Garments nes, of manmade fibres, knit are explained by 14 countries.

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Value of Exports in Garments nes, of manmade fibres, knit

Net Trade

TOP NET EXPORTER (2022)China$2.09B
TOP NET IMPORTER (2022)United States$1.38B

This map shows which countries export or import more of Garments nes, of manmade fibres, knit. Each country is colored based on the difference in exports and imports of Garments nes, of manmade fibres, knit during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Garments nes, of manmade fibres, knit were China ($2.09B), Vietnam ($427M), Bangladesh ($318M), Turkey ($162M), and Cambodia ($144M).

In 2022, the countries that had a largest trade value in imports than in exports of Garments nes, of manmade fibres, knit were United States ($1.38B), Germany ($282M), United Kingdom ($249M), Canada ($161M), and South Korea ($141M).

Net Trade (2022)

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 manmade fibres, knit.
It is possible to select the main countries that export or import Garments nes, of manmade fibres, knit in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Garments nes, of manmade fibres, 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 (2022)

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