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621510 (Harmonized System 1992 for 6-digit)

2022
World Trade $255MRnk 3547 / 4648
2022
Top Exporter | Top Importer $78M | $50.9MChina | United States
2022
Product Complexity 0.22Rnk 2155 / 4653
2021 - 2022
Export Growth (CAGR) 33.5%Rnk 347 / 4648
2022
Share of World Trade 0.0011%Rnk 3547 / 4648

About

Overview This page contains the latest trade data of Ties, bow ties and cravats, of silk, not knit. In 2022, Ties, bow ties and cravats, of silk, not knit were the world's 3547th most traded product, with a total trade of $255M. Between 2021 and 2022 the exports of Ties, bow ties and cravats, of silk, not knit grew by 33.5%, from $191M to $255M. Trade in Ties, bow ties and cravats, of silk, not knit represent 0.0011% of total world trade.

Ties, bow ties and cravats, of silk, not knit are a part of Neck Ties.

Exports In 2022 the top exporters of Ties, bow ties and cravats, of silk, not knit  were China ($78M), Italy ($77.9M), France ($42.9M), Germany ($10.2M), and Malaysia ($8.06M).

Imports In 2022 the top importers of Ties, bow ties and cravats, of silk, not knit were United States ($50.9M), Japan ($30.6M), Germany ($15.2M), France ($14.5M), and United Kingdom ($13.4M).

Ranking Ties, bow ties and cravats, of silk, not knit ranks 2155th in the Product Complexity Index (PCI).

Description Ties, bow ties, and cravats are accessories that are used to tie around the neck. Ties are usually worn with a shirt and suit jacket. Bow ties are usually worn with a suit and a dress shirt. Cravats are worn with a dress shirt and a necktie. Silk ties are usually made of silk material.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Ties, bow ties and cravats, of silk, 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 (2022)China$78M
Top Destination (2022)United States$50.9M

In 2022 Ties, bow ties and cravats, of silk, not knit were the world's 3547th most traded product (out of 4,648).

In 2022, the top exporters of Ties, bow ties and cravats, of silk, not knit were China ($78M), Italy ($77.9M), France ($42.9M), Germany ($10.2M), and Malaysia ($8.06M).

In 2022, the top importers of Ties, bow ties and cravats, of silk, not knit were United States ($50.9M), Japan ($30.6M), Germany ($15.2M), France ($14.5M), and United Kingdom ($13.4M).

Explore Visualizations

Exporters of Ties, bow ties and cravats, of silk, not knit (2022)
[Click to Select a Country]

Importers of Ties, bow ties and cravats, of silk, not knit (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$27.8M
Top Destination Growth (2021 -  2022)United States$13.5M

Between 2021 and 2022, the exports of Ties, bow ties and cravats, of silk, not knit grew the fastest in China ($27.8M), Italy ($15.6M), France ($8.8M), Malaysia ($8.03M), and Sweden ($1.96M).

Between 2021 and 2022, the fastest growing importers of Ties, bow ties and cravats, of silk, not knit were United States ($13.5M), India ($8.2M), Switzerland ($5.66M), United Kingdom ($4.07M), and Canada ($3.75M).

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Exporters of Ties, bow ties and cravats, of silk, not knit (2021 - 2022)

Importers of Ties, bow ties and cravats, of silk, not knit (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ties, bow ties and cravats, of silk, not knit.

In 2022, market concentration measured using Shannon Entropy, was 2.87. This means that most of the exports of Ties, bow ties and cravats, of silk, not knit are explained by 7 countries.

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Value of Exports in Ties, bow ties and cravats, of silk, not knit

Net Trade

TOP NET EXPORTER (2022)China$68.6M
TOP NET IMPORTER (2022)United States$49.5M

This map shows which countries export or import more of Ties, bow ties and cravats, of silk, not knit. Each country is colored based on the difference in exports and imports of Ties, bow ties and cravats, of silk, not knit during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Ties, bow ties and cravats, of silk, not knit were China ($68.6M), Italy ($67.9M), France ($28.4M), Malaysia ($6.81M), and Armenia ($1.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Ties, bow ties and cravats, of silk, not knit were United States ($49.5M), Japan ($29.7M), Switzerland ($8.28M), India ($7.83M), and United Kingdom ($7.64M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Ties, bow ties and cravats, of silk, not knit.
It is possible to select the main countries that export or import Ties, bow ties and cravats, of silk, not knit in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ties, bow ties and cravats, of silk, 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 (2022)

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