Knit T-shirts in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $55.6M in Knit T-shirts, making it the 60th largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 476th most exported product in Canada. The main destination of Knit T-shirts exports from Canada are: United States ($40.3M), Netherlands ($3.64M), China ($2.01M), Hong Kong ($1.47M), and Israel ($1.07M).

The fastest growing export markets for Knit T-shirts of Canada between 2021 and 2022 were Israel ($850k), China ($361k), and Hong Kong ($350k).

Imports In 2022, Canada imported $1.16B in Knit T-shirts, becoming the 10th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 100th most imported product in Canada. Canada imports Knit T-shirts primarily from: Bangladesh ($214M), China ($168M), United States ($158M), Cambodia ($110M), and Vietnam ($79.5M).

The fastest growing import markets in Knit T-shirts for Canada between 2021 and 2022 were Bangladesh ($72.5M), United States ($44.3M), and Honduras ($34.2M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Knit T-shirts from Canada to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Canada's Knit T-shirts exports accounted up to C$2.77M and imports accounted up to C$94.1M, resulting in a negative trade balance of C$91.3M. Between January 2023 and January 2024 the exports of Canada's Knit T-shirts have increased by C$623k (29%) from C$2.15M to C$2.77M, while imports decreased by C$-26.7M (-22.1%) from C$121M to C$94.1M.

Destinations In January 2024, Knit T-shirts were exported mostly to United States (C$1.18M), Poland (C$846k), Netherlands (C$334k), Hong Kong (C$235k), and United Arab Emirates (C$71.3k), and were imported mostly from China (C$18.3M), Bangladesh (C$14.9M), Vietnam (C$8.41M), Cambodia (C$6.71M), and India (C$4.03M).

Growth In January 2024, the increase in Knit T-shirts's year-by-year exports was explained primarily by an increase in exports to United States (C$1.38M or 297%), United Kingdom (C$53.6k or 246%), and Hong Kong (C$28.2k or 76.4%). In January 2024, the decrease in Knit T-shirts's year-by-year imports was explained primarily by a decrease in imports from Mexico (C$-231k or -6.33%), Madagascar (C$-203k or -98.5%), and United States (C$-119k or -6.32%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$623k(29%)

IMPORT GROWTH (January 2023 - January 2024)C$-26.7M(-22.1%)

MAIN EXPORTER (January 2024)QuebecC$1.05M

MAIN DESTINATION (January 2024)United StatesC$1.18M

This section shows Knit T-shirts's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Knit T-shirts over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$55.6M

IMPORTS (2022)$1.16B

NET TRADE (2022)-$1.1B

In 2022, Canada exported $55.6M in Knit T-shirts. The main destinations of Canada exports on Knit T-shirts were United States ($40.3M), Netherlands ($3.64M), China ($2.01M), Hong Kong ($1.47M), and Israel ($1.07M).

In 2022, Canada imported $1.16B in Knit T-shirts, mainly from Bangladesh ($214M), China ($168M), United States ($158M), Cambodia ($110M), and Vietnam ($79.5M).

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