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Pricing

Suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches and shorts (other than swimwear); men's or boys' (not knitted or crocheted)

6203 (Harmonized System 1992 for 4-digit)

2022
World Trade $52.1BRnk 88 / 1218
2022
Top Exporter | Top Importer $10.7B | $10.8BChina | United States
2022
Product Complexity -1.07Rnk 859 / 1033
2021 - 2022
Export Growth (CAGR) 18.7%Rnk 212 / 1218
2022
Share of World Trade 0.22%Rnk 88 / 1218

About

Overview This page contains the latest trade data of Non-Knit Men's Suits. In 2022, Non-Knit Men's Suits were the world's 88th most traded product, with a total trade of $52.1B. Between 2021 and 2022 the exports of Non-Knit Men's Suits grew by 18.7%, from $43.9B to $52.1B. Trade in Non-Knit Men's Suits represent 0.22% of total world trade.

Non-Knit Men's Suits are a part of Non-knitted clothing accesories. They include Mens, boys trousers & shorts, of cotton, not knit, Mens, boys trousers shorts, synthetic fibre, not knit, Mens, boys suits, of wool or hair, not knit, Mens, boys jackets, blazers, synthetic fibre, not kni, Mens, boys jackets & blazers, wool or hair, not knit, Mens, boys trousers & shorts, material nes, not knit, Mens, boys jackets & blazers, of cotton, not knit, Mens, boys trousers & shorts, wool or hair, not knit, Mens, boys jackets & blazers, material nes, not knit, and Mens, boys suits, synthetic fibres, not knit, among others.

Exports In 2022 the top exporters of Non-Knit Men's Suits  were China ($10.7B), Bangladesh ($8.82B), Vietnam ($3.63B), Germany ($2.98B), and Pakistan ($2.53B).

Imports In 2022 the top importers of Non-Knit Men's Suits were United States ($10.8B), Germany ($5.92B), France ($2.37B), Japan ($2.32B), and Spain ($2.1B).

Ranking Non-Knit Men's Suits ranks 859th in the Product Complexity Index (PCI).

Description Men's suits are used to dress men for special occasions, such as weddings and funerals. Men's suits can be made from a variety of materials, including wool, cotton, silk, and polyester.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Non-Knit Men's Suits. 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$10.7B
Top Destination (2022)United States$10.8B

In 2022 Non-Knit Men's Suits were the world's 88th most traded product (out of 1,218).

In 2022, the top exporters of Non-Knit Men's Suits were China ($10.7B), Bangladesh ($8.82B), Vietnam ($3.63B), Germany ($2.98B), and Pakistan ($2.53B).

In 2022, the top importers of Non-Knit Men's Suits were United States ($10.8B), Germany ($5.92B), France ($2.37B), Japan ($2.32B), and Spain ($2.1B).

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Exporters of Non-Knit Men's Suits (2022)
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Importers of Non-Knit Men's Suits (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$2.27B
Top Destination Growth (2021 -  2022)United States$2.55B

Between 2021 and 2022, the exports of Non-Knit Men's Suits grew the fastest in China ($2.27B), Bangladesh ($2.03B), Vietnam ($844M), Pakistan ($457M), and Turkey ($382M).

Between 2021 and 2022, the fastest growing importers of Non-Knit Men's Suits were United States ($2.55B), Germany ($625M), United Kingdom ($501M), Kyrgyzstan ($489M), and Spain ($411M).

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Exporters of Non-Knit Men's Suits (2021 - 2022)

Importers of Non-Knit Men's Suits (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Non-Knit Men's Suits.

In 2022, market concentration measured using Shannon Entropy, was 4.49. This means that most of the exports of Non-Knit Men's Suits are explained by 22 countries.

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Value of Exports in Non-Knit Men's Suits

Net Trade

TOP NET EXPORTER (2022)China$10.1B
TOP NET IMPORTER (2022)United States$10.5B

This map shows which countries export or import more of Non-Knit Men's Suits. Each country is colored based on the difference in exports and imports of Non-Knit Men's Suits during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Non-Knit Men's Suits were China ($10.1B), Bangladesh ($8.79B), Vietnam ($3.41B), Pakistan ($2.5B), and Turkey ($1.9B).

In 2022, the countries that had a largest trade value in imports than in exports of Non-Knit Men's Suits were United States ($10.5B), Germany ($2.94B), Japan ($2.22B), United Kingdom ($1.83B), and France ($1.66B).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Non-Knit Men's Suits, disaggragated by their HS6 level were Mens, boys trousers & shorts, of... ($28.2B), Mens, boys trousers shorts, synthetic fibre,... ($11.2B), Mens, boys jackets, blazers, synthetic fibre,... ($3.06B), Mens, boys trousers & shorts, material... ($1.72B), and Mens, boys jackets & blazers, of... ($1.6B)

HS6 Disaggregation for Non-Knit Men's Suits (2022)
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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 Non-Knit Men's Suits.
It is possible to select the main countries that export or import Non-Knit Men's Suits in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Non-Knit Men's Suits by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $200M
TOP IMPORT POTENTIALChina+ $8.24M

Non-Knit Men's Suits’s highest export potential is United States. With an export gap of $200M.  Non-Knit Men's Suits’s highest import potential is China with an import gap of $8.24M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Non-Knit Men's Suits.

Country by Relatedness

The following visualization shows the relatedness of Non-Knit Men's Suits to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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