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6005 (Harmonized System 2002 for 4-digit)

2023
World Trade $3.2BRnk 653 / 1222
2023
Top Exporter | Top Importer $1.22B | $365MChina | Vietnam
2023
Product Complexity 0.63Rnk 321 / 1047
2022 - 2023
Export Growth (CAGR) -18.3%Rnk 1012 / 1222
2023
Share of World Trade 0.014%Rnk 653 / 1222

About

Overview This page contains the latest trade data of Warp knit fabrics (including those made on galloon knitting machines). In 2023, Warp knit fabrics (including those made on galloon knitting machines) were the world's 653rd most traded product, with a total trade of $3.2B. Between 2022 and 2023 the exports of Warp knit fabrics (including those made on galloon knitting machines) decreased by -18.3%, from $3.92B to $3.2B. Trade in Warp knit fabrics (including those made on galloon knitting machines) represent 0.014% of total world trade.

Warp knit fabrics (including those made on galloon knitting machines) are a part of Fabrics; knitted or crocheted. They include Fabrics: warp knit (including those made on galloon knitting machines), other than..., Fabrics: warp knit (including those made on galloon knitting machines), other than..., Fabrics: warp knit (including those made on galloon knitting machines), other than..., Fabrics: warp knit (including those made on galloon knitting machines), other than..., Fabrics: warp knit (including those made on galloon knitting machines), other than..., Fabrics: warp knit (including those made on galloon knitting machines), other than..., Fabrics: warp knit (including those made on galloon knitting machines), other than..., Fabrics: warp knit (including those made on galloon knitting machines), other than..., Fabrics: warp knit (including those made on galloon knitting machines), other than..., and Fabrics: warp knit (including those made on galloon knitting machines), other than..., among others.

Exports In 2023 the top exporters of Warp knit fabrics (including those made on galloon knitting machines)  were China ($1.22B), Germany ($200M), South Korea ($153M), Italy ($146M), and Israel ($141M).

Imports In 2023 the top importers of Warp knit fabrics (including those made on galloon knitting machines) were Vietnam ($365M), United States ($347M), Indonesia ($150M), Germany ($127M), and Mexico ($127M).

Ranking Warp knit fabrics (including those made on galloon knitting machines) ranks 321st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Warp knit fabrics (including those made on galloon knitting machines). 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$1.22B
Top Destination (2023)Vietnam$365M

In 2023 Warp knit fabrics (including those made on galloon knitting machines) were the world's 653rd most traded product (out of 1,222).

In 2023, the top exporters of Warp knit fabrics (including those made on galloon knitting machines) were China ($1.22B), Germany ($200M), South Korea ($153M), Italy ($146M), and Israel ($141M).

In 2023, the top importers of Warp knit fabrics (including those made on galloon knitting machines) were Vietnam ($365M), United States ($347M), Indonesia ($150M), Germany ($127M), and Mexico ($127M).

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Exporters of Warp knit fabrics (including those made on galloon knitting machines) (2023)
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Importers of Warp knit fabrics (including those made on galloon knitting machines) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$13.2M
Top Destination Growth (2022 -  2023)Algeria$11.5M

Between 2022 and 2023, the exports of Warp knit fabrics (including those made on galloon knitting machines) grew the fastest in Japan ($13.2M), United Kingdom ($7.65M), Canada ($3.29M), Brazil ($2.77M), and Egypt ($2.26M).

Between 2022 and 2023, the fastest growing importers of Warp knit fabrics (including those made on galloon knitting machines) were Algeria ($11.5M), Pakistan ($6.14M), Argentina ($4.82M), United Arab Emirates ($3.69M), and Libya ($3.52M).

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Exporters of Warp knit fabrics (including those made on galloon knitting machines) (2022 - 2023)

Importers of Warp knit fabrics (including those made on galloon knitting machines) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Warp knit fabrics (including those made on galloon knitting machines).

In 2023, market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Warp knit fabrics (including those made on galloon knitting machines) are explained by 15 countries.

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Value of Exports in Warp knit fabrics (including those made on galloon knitting machines)

Net Trade

TOP NET EXPORTER (2023)China$1.12B
TOP NET IMPORTER (2023)Vietnam$321M

This map shows which countries export or import more of Warp knit fabrics (including those made on galloon knitting machines). Each country is colored based on the difference in exports and imports of Warp knit fabrics (including those made on galloon knitting machines) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Warp knit fabrics (including those made on galloon knitting machines) were China ($1.12B), South Korea ($137M), Israel ($134M), Japan ($114M), and Chinese Taipei ($102M).

In 2023, the countries that had a largest trade value in imports than in exports of Warp knit fabrics (including those made on galloon knitting machines) were Vietnam ($321M), United States ($231M), Indonesia ($139M), Mexico ($118M), and India ($75.2M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Warp knit fabrics (including those made..., disaggragated by their HS6 level were Fabrics: warp knit (including those made... ($1.63B), Fabrics: warp knit (including those made... ($561M), Fabrics: warp knit (including those made... ($331M), Fabrics: warp knit (including those made... ($227M), and Fabrics: warp knit (including those made... ($195M)

HS6 Disaggregation for Warp knit fabrics (including those made on galloon knitting machines) (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 Warp knit fabrics (including those made on galloon knitting machines).
It is possible to select the main countries that export or import Warp knit fabrics (including those made on galloon knitting machines) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Warp knit fabrics (including those made on galloon knitting machines) by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $31.9M
TOP IMPORT POTENTIALVietnam+ $7.38M

Warp knit fabrics (including those made on galloon knitting machines)’s highest export potential is India. With an export gap of $31.9M.  Warp knit fabrics (including those made on galloon knitting machines)’s highest import potential is Vietnam with an import gap of $7.38M.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Warp knit fabrics (including those made on galloon knitting machines) 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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