Non-Knit Men's Suits in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $314M in Non-Knit Men's Suits, making it the 27th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 491st most exported product in United States. The main destination of Non-Knit Men's Suits exports from United States are: Canada ($121M), Mexico ($45.3M), United Kingdom ($14.3M), Japan ($10.7M), and Italy ($10.7M).

The fastest growing export markets for Non-Knit Men's Suits of United States between 2021 and 2022 were Canada ($29.5M), Mexico ($9.7M), and United Kingdom ($7.53M).

Imports In 2022, United States imported $10.8B in Non-Knit Men's Suits, becoming the 1st largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 62nd most imported product in United States. United States imports Non-Knit Men's Suits primarily from: Bangladesh ($2.63B), China ($1.57B), Vietnam ($1.42B), Mexico ($1.22B), and Indonesia ($529M).

The fastest growing import markets in Non-Knit Men's Suits for United States between 2021 and 2022 were Bangladesh ($827M), Vietnam ($357M), and China ($288M).

COMPANIES In 2023, leading companies such as OLD NAVY (CANADA) INC (1.88k), GAP (CANADA) INC (441), and KONTOOR US, LLC (424) were at the forefront of shipping Non-Knit Men's Suits to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Non-Knit Men's Suits exports accounted up to $34.7M and imports accounted up to $677M, resulting in a negative trade balance of $642M. Between February 2023 and February 2024 the exports of United States' Non-Knit Men's Suits have increased by $660k (1.94%) from $34M to $34.7M, while imports decreased by $-33.1M (-4.66%) from $710M to $677M.

Destinations In February 2024, Non-Knit Men's Suits were exported mostly to Canada ($17.2M), Mexico ($6.92M), United Kingdom ($1.36M), Hong Kong ($856k), and France ($751k), and were imported mostly from Bangladesh ($163M), Vietnam ($101M), Mexico ($71.9M), China ($71.6M), and Italy ($31.7M).

Growth In February 2024, the increase in Non-Knit Men's Suits's year-by-year exports was explained primarily by an increase in exports to Canada ($1.82M or 15.6%), United Kingdom ($573k or 73.1%), and Hong Kong ($435k or 169%). In February 2024, the decrease in Non-Knit Men's Suits's year-by-year imports was explained primarily by a decrease in imports from China ($-10.3M or -11.8%), Ethiopia ($-2.7M or -28.4%), and Thailand ($-1.82M or -36.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$660k(1.94%)

IMPORT GROWTH (February 2023 - February 2024)$-33.1M(-4.66%)

MAIN EXPORTER (February 2024)California$11.9M

MAIN DESTINATION (February 2024)Canada$17.2M

This section shows Non-Knit Men's Suits's exports and imports data at subnational level for United States. 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 Non-Knit Men's Suits over time.

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