620311 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Mens, boys suits, of wool or hair, not knit. In 2022, Mens, boys suits, of wool or hair, not knit were the world's 2020th most traded product, with a total trade of $1.17B. Between 2021 and 2022 the exports of Mens, boys suits, of wool or hair, not knit grew by 42.5%, from $818M to $1.17B. Trade in Mens, boys suits, of wool or hair, not knit represent 0.0049% of total world trade.

Mens, boys suits, of wool or hair, not knit are a part of Non-Knit Men's Suits.

Exports In 2022 the top exporters of Mens, boys suits, of wool or hair, not knit  were China ($300M), Italy ($249M), Turkey ($73.7M), Germany ($69.2M), and Canada ($68.4M).

Imports In 2022 the top importers of Mens, boys suits, of wool or hair, not knit were United States ($335M), Japan ($158M), Germany ($84.6M), France ($68.6M), and Italy ($64.8M).

Ranking Mens, boys suits, of wool or hair, not knit ranks 3684th in the Product Complexity Index (PCI).

Description Mens suits are usually made of wool or hair (not knit) and are often worn to work. Boys suits are usually made of wool or hair (not knit) and are often worn to weddings or other formal occasions.

Latest Data

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The following visualization shows the latest trends on Mens, boys suits, of wool or hair, not 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$300M
Top Destination (2022)United States$335M

In 2022 Mens, boys suits, of wool or hair, not knit were the world's 2020th most traded product (out of 4,648).

In 2022, the top exporters of Mens, boys suits, of wool or hair, not knit were China ($300M), Italy ($249M), Turkey ($73.7M), Germany ($69.2M), and Canada ($68.4M).

In 2022, the top importers of Mens, boys suits, of wool or hair, not knit were United States ($335M), Japan ($158M), Germany ($84.6M), France ($68.6M), and Italy ($64.8M).

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Exporters of Mens, boys suits, of wool or hair, not knit (2022)
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Importers of Mens, boys suits, of wool or hair, not knit (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$98.3M
Top Destination Growth (2021 -  2022)United States$144M

Between 2021 and 2022, the exports of Mens, boys suits, of wool or hair, not knit grew the fastest in China ($98.3M), Italy ($68.1M), Turkey ($36.7M), Romania ($18.3M), and Canada ($15.5M).

Between 2021 and 2022, the fastest growing importers of Mens, boys suits, of wool or hair, not knit were United States ($144M), Netherlands ($31.6M), Germany ($28.7M), Italy ($25.6M), and Japan ($25.2M).

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Exporters of Mens, boys suits, of wool or hair, not knit (2021 - 2022)

Importers of Mens, boys suits, of wool or hair, not knit (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Mens, boys suits, of wool or hair, not knit.

In 2022, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Mens, boys suits, of wool or hair, not knit are explained by 15 countries.

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Value of Exports in Mens, boys suits, of wool or hair, not knit

Net Trade

TOP NET EXPORTER (2022)China$282M
TOP NET IMPORTER (2022)United States$329M

This map shows which countries export or import more of Mens, boys suits, of wool or hair, not knit. Each country is colored based on the difference in exports and imports of Mens, boys suits, of wool or hair, not knit during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Mens, boys suits, of wool or hair, not knit were China ($282M), Italy ($184M), Turkey ($67.6M), Canada ($31.6M), and Bulgaria ($28.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Mens, boys suits, of wool or hair, not knit were United States ($329M), Japan ($156M), France ($52.3M), United Kingdom ($38.4M), and Netherlands ($33.3M).

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 Mens, boys suits, of wool or hair, not knit.
It is possible to select the main countries that export or import Mens, boys suits, of wool or hair, not knit in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Mens, boys suits, of wool or hair, not 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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