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

621590 (Harmonized System 1992 for 6-digit)

2023
World Trade $45.9MRnk 4342 / 4644
2023
Top Exporter | Top Importer $20.1M | $6.08MChina | United States
2023
Product Complexity -0.91Rnk 3725 / 4656
2022 - 2023
Export Growth (CAGR) -59.9%Rnk 4552 / 4644
2023
Share of World Trade 0.0002%Rnk 4342 / 4644

About

Overview This page contains the latest trade data of Necktie not knit. In 2023, Necktie not knit were the world's 4342nd most traded product, with a total trade of $45.9M. Between 2022 and 2023 the exports of Necktie not knit decreased by -59.9%, from $115M to $45.9M. Trade in Necktie not knit represent 0.0002% of total world trade.

Necktie not knit are a part of Neck Ties.

Exports In 2023 the top exporters of Necktie not knit  were China ($20.1M), Italy ($9.73M), France ($1.73M), Turkey ($1.46M), and Germany ($1.25M).

Imports In 2023 the top importers of Necktie not knit were United States ($6.08M), Chile ($5.94M), United Kingdom ($2.32M), France ($1.96M), and Japan ($1.8M).

Ranking Necktie not knit ranks 3725th 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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Y-AXIS SCALE

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 (2023)China$20.1M
Top Destination (2023)United States$6.08M

In 2023 Necktie not knit were the world's 4342nd most traded product (out of 4,644).

In 2023, the top exporters of Necktie not knit were China ($20.1M), Italy ($9.73M), France ($1.73M), Turkey ($1.46M), and Germany ($1.25M).

In 2023, the top importers of Necktie not knit were United States ($6.08M), Chile ($5.94M), United Kingdom ($2.32M), France ($1.96M), and Japan ($1.8M).

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Exporters of Necktie not knit (2023)
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Importers of Necktie not knit (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$1.07M
Top Destination Growth (2022 -  2023)Tajikistan$1.47M

Between 2022 and 2023, the exports of Necktie not knit grew the fastest in Italy ($1.07M), Egypt ($527k), Germany ($294k), Vietnam ($274k), and United Kingdom ($199k).

Between 2022 and 2023, the fastest growing importers of Necktie not knit were Tajikistan ($1.47M), Kuwait ($1.07M), Sri Lanka ($1.01M), United Kingdom ($317k), and Cambodia ($256k).

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Exporters of Necktie not knit (2022 - 2023)

Importers of Necktie not knit (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.2. This means that most of the exports of Necktie not knit are explained by 9 countries.

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Value of Exports in Necktie not knit

Net Trade

TOP NET EXPORTER (2023)China$19.6M
TOP NET IMPORTER (2023)Chile$5.06M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Necktie not knit were China ($19.6M), Italy ($8.33M), Turkey ($1.3M), Vietnam ($511k), and Chinese Taipei ($379k).

In 2023, the countries that had a largest trade value in imports than in exports of Necktie not knit were Chile ($5.06M), United States ($4.95M), Kuwait ($1.77M), Japan ($1.58M), and Canada ($1.27M).

Net Trade (2023)

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 (2023)

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