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Pricing

Garments; knitted or crocheted, n.e.c. in chapter 61

6114 (Harmonized System 1992 for 4-digit)

2023
World Trade $7.94BRnk 416 / 1217
2023
Top Exporter | Top Importer $2.33B | $1.55BChina | United States
2023
Product Complexity -1.14Rnk 891 / 1044
2022 - 2023
Export Growth (CAGR) -16.6%Rnk 956 / 1217
2023
Share of World Trade 0.035%Rnk 416 / 1217

About

Overview This page contains the latest trade data of Other Knit Garments. In 2023, Other Knit Garments were the world's 416th most traded product, with a total trade of $7.94B. Between 2022 and 2023 the exports of Other Knit Garments decreased by -16.6%, from $9.52B to $7.94B. Trade in Other Knit Garments represent 0.035% of total world trade.

Other Knit Garments are a part of Knitted clothing accesories. They include Garments nes, of manmade fibres, knit, Garments nes, of cotton, knit, Garments nes, of materials nes, knit, and Garments nes, of wool or fine animal hair, knitted.

Exports In 2023 the top exporters of Other Knit Garments  were China ($2.33B), Bangladesh ($621M), Vietnam ($557M), Turkey ($548M), and Spain ($352M).

Imports In 2023 the top importers of Other Knit Garments were United States ($1.55B), Germany ($768M), Spain ($531M), United Kingdom ($358M), and France ($356M).

Ranking Other Knit Garments ranks 891st in the Product Complexity Index (PCI).

Description Special garments for professional, sporting or other purposes are used in the production of other goods. They can be made from a variety of materials, including cotton, wool, silk, and polyester.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other Knit Garments. 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$2.33B
Top Destination (2023)United States$1.55B

In 2023 Other Knit Garments were the world's 416th most traded product (out of 1,217).

In 2023, the top exporters of Other Knit Garments were China ($2.33B), Bangladesh ($621M), Vietnam ($557M), Turkey ($548M), and Spain ($352M).

In 2023, the top importers of Other Knit Garments were United States ($1.55B), Germany ($768M), Spain ($531M), United Kingdom ($358M), and France ($356M).

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Exporters of Other Knit Garments (2023)
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Importers of Other Knit Garments (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Jordan$26.4M
Top Destination Growth (2022 -  2023)Portugal$34.6M

Between 2022 and 2023, the exports of Other Knit Garments grew the fastest in Jordan ($26.4M), Poland ($21.3M), Mexico ($18.7M), United Kingdom ($14.2M), and Egypt ($12.8M).

Between 2022 and 2023, the fastest growing importers of Other Knit Garments were Portugal ($34.6M), Vietnam ($22.4M), Russia ($16M), Thailand ($11.2M), and Serbia ($10M).

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Exporters of Other Knit Garments (2022 - 2023)

Importers of Other Knit Garments (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Knit Garments.

In 2023, market concentration measured using Shannon Entropy, was 4.38. This means that most of the exports of Other Knit Garments are explained by 20 countries.

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Value of Exports in Other Knit Garments

Net Trade

TOP NET EXPORTER (2023)China$2.25B
TOP NET IMPORTER (2023)United States$1.45B

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

In 2023, the countries that had a largest trade value in exports than in imports of Other Knit Garments were China ($2.25B), Bangladesh ($617M), Turkey ($517M), Vietnam ($513M), and India ($194M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Knit Garments were United States ($1.45B), Germany ($494M), United Kingdom ($292M), France ($202M), and Canada ($193M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Other Knit Garments, disaggragated by their HS6 level were Garments nes, of manmade fibres, knit ($4.76B), Garments nes, of cotton, knit ($2.29B), and Garments nes, of materials nes, knit ($882M)

HS6 Disaggregation for Other Knit Garments (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 Other Knit Garments.
It is possible to select the main countries that export or import Other Knit Garments in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other Knit Garments by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALSouth Korea+ $24.1M
TOP IMPORT POTENTIALVietnam+ $22.1M

Other Knit Garments’s highest export potential is South Korea. With an export gap of $24.1M.  Other Knit Garments’s highest import potential is Vietnam with an import gap of $22.1M.

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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 Other Knit Garments.

Country by Relatedness

The following visualization shows the relatedness of Other Knit Garments 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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