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Apparel and clothing accessories; knitted or crocheted

61 (Harmonized System 1992 for 2-digit)

2022
World Trade $290BRnk 14 / 96
2022
Top Exporter | Top Importer $83.9B | $62.6BChina | United States
2022
Product Complexity -0.26Rnk 52 / 96
2021 - 2022
Export Growth (CAGR) 11.1%Rnk 29 / 96
2022
Share of World Trade 1.22%Rnk 14 / 96

About

Overview This page contains the latest trade data of Knitted clothing accesories. In 2022, Knitted clothing accesories were the world's 14th most traded product, with a total trade of $290B. Between 2021 and 2022 the exports of Knitted clothing accesories grew by 11.1%, from $261B to $290B. Trade in Knitted clothing accesories represent 1.22% of total world trade.

Knitted clothing accesories are a part of Textiles. They include Knit Sweaters, Knit T-shirts, Knit Women's Suits, Knit Women's Undergarments, Knit Socks and Hosiery, Knit Men's Suits, Knit Men's Shirts, Knit Babies' Garments, Knit Men's Undergarments, and Knit Women's Shirts, among others.

Exports In 2022 the top exporters of Knitted clothing accesories  were China ($83.9B), Bangladesh ($30.6B), Vietnam ($19.1B), Germany ($13B), and Turkey ($11.5B).

Imports In 2022 the top importers of Knitted clothing accesories were United States ($62.6B), Germany ($28.4B), United Kingdom ($14.1B), France ($13.5B), and Japan ($13.2B).

Ranking Knitted clothing accesories ranks 52nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Knitted clothing accesories. 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$83.9B
Top Destination (2022)United States$62.6B

In 2022 Knitted clothing accesories were the world's 14th most traded product (out of 96).

In 2022, the top exporters of Knitted clothing accesories were China ($83.9B), Bangladesh ($30.6B), Vietnam ($19.1B), Germany ($13B), and Turkey ($11.5B).

In 2022, the top importers of Knitted clothing accesories were United States ($62.6B), Germany ($28.4B), United Kingdom ($14.1B), France ($13.5B), and Japan ($13.2B).

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Exporters of Knitted clothing accesories (2022)
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Importers of Knitted clothing accesories (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$6.43B
Top Destination Growth (2021 -  2022)United States$5.43B

Between 2021 and 2022, the exports of Knitted clothing accesories grew the fastest in China ($6.43B), Bangladesh ($5.44B), Vietnam ($2.44B), Cambodia ($1.9B), and Honduras ($1.75B).

Between 2021 and 2022, the fastest growing importers of Knitted clothing accesories were United States ($5.43B), Germany ($2.39B), United Kingdom ($1.73B), France ($1.6B), and Italy ($1.5B).

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Exporters of Knitted clothing accesories (2021 - 2022)

Importers of Knitted clothing accesories (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Knitted clothing accesories.

In 2022, market concentration measured using Shannon Entropy, was 4.45. This means that most of the exports of Knitted clothing accesories are explained by 21 countries.

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Value of Exports in Knitted clothing accesories

Net Trade

TOP NET EXPORTER (2022)China$80.7B
TOP NET IMPORTER (2022)United States$59.6B

This map shows which countries export or import more of Knitted clothing accesories. Each country is colored based on the difference in exports and imports of Knitted clothing accesories during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Knitted clothing accesories were China ($80.7B), Bangladesh ($30.5B), Vietnam ($17.6B), Cambodia ($10.4B), and Turkey ($10.2B).

In 2022, the countries that had a largest trade value in imports than in exports of Knitted clothing accesories were United States ($59.6B), Germany ($15.4B), Japan ($12.8B), United Kingdom ($12.3B), and France ($7.97B).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Knitted clothing accesories, disaggragated by their HS6 level were Knit Sweaters ($71.3B), Knit T-shirts ($56B), Knit Women's Suits ($42.6B), Knit Men's Suits ($16.6B), and Knit Women's Undergarments ($16.3B)

HS6 Disaggregation for Knitted clothing accesories (2022)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Knitted clothing accesories by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $693M
TOP IMPORT POTENTIALVietnam+ $437M

Knitted clothing accesories’s highest export potential is Germany. With an export gap of $693M.  Knitted clothing accesories’s highest import potential is Vietnam with an import gap of $437M.

See methodology.

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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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