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611490 (Harmonized System 1992 for 6-digit)

2023
World Trade $882MRnk 2251 / 4644
2023
Top Exporter | Top Importer $135M | $59.5MChina | United Kingdom
2023
Product Complexity -1.38Rnk 4178 / 4656
2022 - 2023
Export Growth (CAGR) -6.98%Rnk 2347 / 4644
2023
Share of World Trade 0.0039%Rnk 2251 / 4644

About

Overview This page contains the latest trade data of Garments nes, of materials nes, knit. In 2023, Garments nes, of materials nes, knit were the world's 2251st most traded product, with a total trade of $882M. Between 2022 and 2023 the exports of Garments nes, of materials nes, knit decreased by -6.98%, from $948M to $882M. Trade in Garments nes, of materials nes, knit represent 0.0039% of total world trade.

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

Exports In 2023 the top exporters of Garments nes, of materials nes, knit  were China ($135M), Jordan ($95.4M), Italy ($94.1M), France ($47.2M), and United Arab Emirates ($43M).

Imports In 2023 the top importers of Garments nes, of materials nes, knit were United Kingdom ($59.5M), Jordan ($59.2M), France ($51.3M), Germany ($48.3M), and Singapore ($45.7M).

Ranking Garments nes, of materials nes, knit ranks 4178th in the Product Complexity Index (PCI).

Description Garments are made of materials such as cotton, wool, and silk. Materials can be knit or woven.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Garments nes, of materials nes, 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$135M
Top Destination (2023)United Kingdom$59.5M

In 2023 Garments nes, of materials nes, knit were the world's 2251st most traded product (out of 4,644).

In 2023, the top exporters of Garments nes, of materials nes, knit were China ($135M), Jordan ($95.4M), Italy ($94.1M), France ($47.2M), and United Arab Emirates ($43M).

In 2023, the top importers of Garments nes, of materials nes, knit were United Kingdom ($59.5M), Jordan ($59.2M), France ($51.3M), Germany ($48.3M), and Singapore ($45.7M).

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

Color
Top Origin Growth (2022 -  2023)Jordan$30.4M
Top Destination Growth (2022 -  2023)United Kingdom$33.8M

Between 2022 and 2023, the exports of Garments nes, of materials nes, knit grew the fastest in Jordan ($30.4M), Egypt ($13.3M), United Arab Emirates ($11.9M), United Kingdom ($11.1M), and Portugal ($6.15M).

Between 2022 and 2023, the fastest growing importers of Garments nes, of materials nes, knit were United Kingdom ($33.8M), Jordan ($14.7M), Russia ($13.6M), Singapore ($10.4M), and South Korea ($8.97M).

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

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

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.77. This means that most of the exports of Garments nes, of materials nes, knit are explained by 27 countries.

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Value of Exports in Garments nes, of materials nes, knit

Net Trade

TOP NET EXPORTER (2023)China$109M
TOP NET IMPORTER (2023)Singapore$37.4M

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

In 2023, the countries that had a largest trade value in exports than in imports of Garments nes, of materials nes, knit were China ($109M), Italy ($66.8M), Jordan ($36.3M), Bangladesh ($35.1M), and India ($32.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Garments nes, of materials nes, knit were Singapore ($37.4M), Germany ($33.1M), Saudi Arabia ($32.4M), United Kingdom ($31.2M), and South Korea ($25.1M).

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

Top 10 Exporters Countries of Garments nes, of materials nes, 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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