Knit T-shirts in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $328M in Knit T-shirts, making it the 33rd largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 193rd most exported product in United Kingdom. The main destination of Knit T-shirts exports from United Kingdom are: Ireland ($59.7M), Netherlands ($56M), Germany ($28.2M), France ($23.7M), and United States ($19.5M).

The fastest growing export markets for Knit T-shirts of United Kingdom between 2021 and 2022 were Bangladesh ($6.8M), France ($5.65M), and Mexico ($2.77M).

Imports In 2022, United Kingdom imported $2.53B in Knit T-shirts, becoming the 5th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 49th most imported product in United Kingdom. United Kingdom imports Knit T-shirts primarily from: Bangladesh ($795M), Turkey ($323M), China ($230M), India ($151M), and Italy ($118M).

The fastest growing import markets in Knit T-shirts for United Kingdom between 2021 and 2022 were Bangladesh ($282M), Thailand ($51.8M), and Cambodia ($43M).

COMPANIES In 2023, leading companies such as GOLDEN STATE FC LLC (4) and AMAZON SERVICES LLC (2) were at the forefront of shipping Knit T-shirts from United Kingdom to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Knit T-shirts exports accounted up to £18.9M and imports accounted up to £114M, resulting in a negative trade balance of £94.9M. Between February 2023 and February 2024 the exports of United Kingdom's Knit T-shirts have decreased by £-5.67M (-23.1%) from £24.5M to £18.9M, while imports decreased by £-32.7M (-22.3%) from £146M to £114M.

Destinations In February 2024, Knit T-shirts were exported mostly to Ireland (£3.41M), Netherlands (£2.78M), France (£1.58M), Germany (£1.29M), and Belgium (£1.13M), and were imported mostly from Bangladesh (£31.5M), Turkey (£10.4M), China (£9.97M), France (£6.12M), and Italy (£6.04M).

Growth In February 2024, the decrease in Knit T-shirts's year-by-year exports was explained primarily by a decrease in exports to Israel (£-1.2M or -88.9%), United States (£-731k or -40%), and Australia (£-495k or -42.9%). In February 2024, the decrease in Knit T-shirts's year-by-year imports was explained primarily by a decrease in imports from Italy (£-2.97M or -25.6%), China (£-2.65M or -17.6%), and Germany (£-1.59M or -17.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£-5.67M(-23.1%)

IMPORT GROWTH (February 2023 - February 2024)£-32.7M(-22.3%)

MAIN EXPORTER (February 2024)Dover Eurotunnel£6.84M

MAIN DESTINATION (February 2024)Ireland£3.41M

This section shows Knit T-shirts's exports and imports data at subnational level for United Kingdom. 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)$328M

IMPORTS (2022)$2.53B

NET TRADE (2022)-$2.2B

In 2022, United Kingdom exported $328M in Knit T-shirts. The main destinations of United Kingdom exports on Knit T-shirts were Ireland ($59.7M), Netherlands ($56M), Germany ($28.2M), France ($23.7M), and United States ($19.5M).

In 2022, United Kingdom imported $2.53B in Knit T-shirts, mainly from Bangladesh ($795M), Turkey ($323M), China ($230M), India ($151M), and Italy ($118M).

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