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Ties, bow ties and cravats, material nes, not knit

621590 (Harmonized System 1992 for 6-digit)

2022
World Trade $113MRnk 4049 / 4648
2022
Top Exporter | Top Importer $34M | $42.8MMalaysia | India
2022
Product Complexity -0.98Rnk 3791 / 4653
2021 - 2022
Export Growth (CAGR) 146%Rnk 41 / 4648
2022
Share of World Trade 0.00048%Rnk 4049 / 4648

About

Overview This page contains the latest trade data of Necktie not knit. In 2022, Necktie not knit were the world's 4049th most traded product, with a total trade of $113M. Between 2021 and 2022 the exports of Necktie not knit grew by 146%, from $45.9M to $113M. Trade in Necktie not knit represent 0.00048% of total world trade.

Necktie not knit are a part of Neck Ties.

Exports In 2022 the top exporters of Necktie not knit  were Malaysia ($34M), India ($20.9M), United Arab Emirates ($17M), China ($15.7M), and Italy ($8.82M).

Imports In 2022 the top importers of Necktie not knit were India ($42.8M), Malaysia ($20.7M), United Arab Emirates ($8.87M), United States ($6.87M), and Chile ($3.73M).

Ranking Necktie not knit ranks 3791st in the Product Complexity Index (PCI).

Description Ties, bow ties and cravats are all neckties, but have different styles or shapes. Ties are the most common and are typically around 6.5 inches wide. They are often made of silk, but can be made of other materials. Bow ties are four inches wide and are typically made of silk or other materials. Cravats are the smallest at two inches wide and are made of silk or other materials.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Necktie 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)Malaysia$34M
Top Destination (2022)India$42.8M

In 2022 Necktie not knit were the world's 4049th most traded product (out of 4,648).

In 2022, the top exporters of Necktie not knit were Malaysia ($34M), India ($20.9M), United Arab Emirates ($17M), China ($15.7M), and Italy ($8.82M).

In 2022, the top importers of Necktie not knit were India ($42.8M), Malaysia ($20.7M), United Arab Emirates ($8.87M), United States ($6.87M), and Chile ($3.73M).

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Exporters of Necktie not knit (2022)
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Importers of Necktie not knit (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Malaysia$34M
Top Destination Growth (2021 -  2022)India$37M

Between 2021 and 2022, the exports of Necktie not knit grew the fastest in Malaysia ($34M), India ($19.6M), United Arab Emirates ($11.1M), China ($4.73M), and Italy ($1.82M).

Between 2021 and 2022, the fastest growing importers of Necktie not knit were India ($37M), Malaysia ($20.6M), United Arab Emirates ($7.63M), United States ($2.95M), and Chile ($1.65M).

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Exporters of Necktie not knit (2021 - 2022)

Importers of Necktie not knit (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Necktie not knit.

In 2022, market concentration measured using Shannon Entropy, was 3.16. This means that most of the exports of Necktie not knit are explained by 8 countries.

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Value of Exports in Necktie not knit

Net Trade

TOP NET EXPORTER (2022)China$15.4M
TOP NET IMPORTER (2022)India$21.8M

This map shows which countries export or import more of Necktie not knit. Each country is colored based on the difference in exports and imports of Necktie not knit during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Necktie not knit were China ($15.4M), Malaysia ($13.3M), United Arab Emirates ($8.14M), Italy ($7.22M), and Turkey ($1.18M).

In 2022, the countries that had a largest trade value in imports than in exports of Necktie not knit were India ($21.8M), United States ($5.93M), Chile ($3.02M), Japan ($2.17M), and Kuwait ($1.62M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Necktie not knit.
It is possible to select the main countries that export or import Necktie not knit in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Necktie 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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