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Pricing

Ties, bow ties and cravats (not knitted or crocheted)

6215 (Harmonized System 1992 for 4-digit)

2023
World Trade $453MRnk 1053 / 1217
2023
Top Exporter | Top Importer $203M | $95.6MChina | United States
2022 - 2023
Export Growth (CAGR) -10.7%Rnk 769 / 1217
2023
Share of World Trade 0.002%Rnk 1053 / 1217

About

Overview This page contains the latest trade data of Neck Ties. In 2023, Neck Ties were the world's 1053rd most traded product, with a total trade of $453M. Between 2022 and 2023 the exports of Neck Ties decreased by -10.7%, from $508M to $453M. Trade in Neck Ties represent 0.002% of total world trade.

Neck Ties are a part of Non-knitted clothing accesories. They include Ties, bow ties and cravats, of silk, not knit, Necktie of synthetic fibre not knit, and Necktie not knit.

Exports In 2023 the top exporters of Neck Ties  were China ($203M), Italy ($122M), France ($50.1M), Germany ($13.2M), and United Kingdom ($8.41M).

Imports In 2023 the top importers of Neck Ties were United States ($95.6M), Japan ($49.9M), United Kingdom ($22.5M), France ($22.3M), and South Korea ($22M).

Description Ties, bow ties and cravats are used to hold clothing in place. They can be made from a variety of materials, including silk, cotton, polyester, and wool.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Neck Ties. 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$203M
Top Destination (2023)United States$95.6M

In 2023 Neck Ties were the world's 1053rd most traded product (out of 1,217).

In 2023, the top exporters of Neck Ties were China ($203M), Italy ($122M), France ($50.1M), Germany ($13.2M), and United Kingdom ($8.41M).

In 2023, the top importers of Neck Ties were United States ($95.6M), Japan ($49.9M), United Kingdom ($22.5M), France ($22.3M), and South Korea ($22M).

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Exporters of Neck Ties (2023)
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Importers of Neck Ties (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$12.5M
Top Destination Growth (2022 -  2023)South Korea$11.6M

Between 2022 and 2023, the exports of Neck Ties grew the fastest in Italy ($12.5M), France ($9.81M), Singapore ($3.89M), Hong Kong ($1.79M), and Germany ($1.05M).

Between 2022 and 2023, the fastest growing importers of Neck Ties were South Korea ($11.6M), Kyrgyzstan ($5.78M), Tajikistan ($2.41M), France ($2.17M), and Italy ($1.56M).

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Exporters of Neck Ties (2022 - 2023)

Importers of Neck Ties (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Neck Ties.

In 2023, market concentration measured using Shannon Entropy, was 2.61. This means that most of the exports of Neck Ties are explained by 6 countries.

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Value of Exports in Neck Ties

Net Trade

TOP NET EXPORTER (2023)China$193M
TOP NET IMPORTER (2023)United States$92.6M

This map shows which countries export or import more of Neck Ties. Each country is colored based on the difference in exports and imports of Neck Ties during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Neck Ties were China ($193M), Italy ($107M), France ($27.7M), Turkey ($2.86M), and Vietnam ($257k).

In 2023, the countries that had a largest trade value in imports than in exports of Neck Ties were United States ($92.6M), Japan ($49.2M), South Korea ($21.6M), United Kingdom ($14.1M), and Canada ($10.2M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Neck Ties, disaggragated by their HS6 level were Ties, bow ties and cravats, of... ($265M), Necktie of synthetic fibre not knit ($142M), and Necktie not knit ($45.9M)

HS6 Disaggregation for Neck Ties (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Neck Ties by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $1.64M
TOP IMPORT POTENTIALItaly+ $513k

Neck Ties’s highest export potential is India. With an export gap of $1.64M.  Neck Ties’s highest import potential is Italy with an import gap of $513k.

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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 (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Neck Ties.

Country by Relatedness

The following visualization shows the relatedness of Neck Ties to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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