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2022
Exports $2.45BWorld Rnk 1 / 197
Flag Rnk 261 / 1216
2022
Destination $116M United States
2021 - 2022
FASTEST GROWING MARKET $116MNigeria
2022
PRODUCT COMPLEXITY IN Knit Babies' Garments-1.54Rnk 952 / 1025
2022
Imports $57.8MWorld Rnk 33 / 216
Flag Rnk 758 / 1212
2022
Origin $1.72M Cambodia
2021 - 2022
FASTEST GROWING ORIGIN $1.72MJapan
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.45B in Knit Babies' Garments, making it the 1st largest exporter of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 261st most exported product in China. The main destination of Knit Babies' Garments exports from China are: United States ($573M), France ($168M), Japan ($164M), Nigeria ($132M), and Australia ($123M).

The fastest growing export markets for Knit Babies' Garments of China between 2021 and 2022 were Nigeria ($116M), France ($16.6M), and Chile ($10.2M).

Imports In 2022, China imported $57.8M in Knit Babies' Garments, becoming the 33rd largest importer of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 758th most imported product in China. China imports Knit Babies' Garments primarily from: Cambodia ($12.1M), Vietnam ($7.81M), Burma ($4.78M), India ($4.06M), and Bangladesh ($3.71M).

The fastest growing import markets in Knit Babies' Garments for China between 2021 and 2022 were Japan ($1.72M), Burma ($1.68M), and France ($1.23M).

COMPANIES In 2023, leading companies such as OLD NAVY (CANADA) INC (30), GILDAN ACTIVEWEAR SRL (24), and GAP (CANADA) INC (21) were at the forefront of shipping Knit Babies' Garments from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Knit Babies' Garments exports accounted up to $93.6M and imports accounted up to $4.12M, resulting in a positive trade balance of $89.4M. Between March 2023 and March 2024 the exports of China's   Knit Babies' Garments have decreased by $-14M (-13%) from $108M to $93.6M, while imports increased by $317k (8.34%) from $3.81M to $4.12M.

Destinations In March 2024, Knit Babies' Garments were exported mostly to United States ($22M), Japan ($11.5M), Australia ($6.76M), Spain ($4.03M), and South Africa ($3.75M), and were imported mostly from Cambodia ($1.36M), India ($864k), Vietnam ($499k), Bangladesh ($384k), and Thailand ($244k).

Growth In March 2024, the decrease in Knit Babies' Garments's year-by-year exports was explained primarily by a decrease in exports to United States ($-25.1M or -40.9%), France ($-4.9M or -39.4%), and Italy ($-3.6M or -55.6%). In March 2024, the increase in Knit Babies' Garments's year-by-year imports was explained primarily by an increase in imports from Italy ($225k or 90.6%), Cambodia ($213k or 26.9%), and Tunisia ($47.3k or 79.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$-14M(-13%)
IMPORT GROWTH (March 2023 - March 2024)$317k(8.34%)
MAIN EXPORTER (March 2024)Shandong Province$40.8M
MAIN DESTINATION (March 2024)United States$22M

This section shows Knit Babies' Garments's exports and imports data at subnational level for China. 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 Babies' Garments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.45B
IMPORTS (2022)$57.8M
NET TRADE (2022)$2.39B

In 2022, China exported $2.45B in Knit Babies' Garments. The main destinations of China exports on Knit Babies' Garments were United States ($573M), France ($168M), Japan ($164M), Nigeria ($132M), and Australia ($123M).

In 2022, China imported $57.8M in Knit Babies' Garments, mainly from Cambodia ($12.1M), Vietnam ($7.81M), Burma ($4.78M), India ($4.06M), and Bangladesh ($3.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Babies' Garments EXPORT MARKETS FOR China WERE (2021 - 2022):
Nigeria$116M (751%)
France$16.6M (10.9%)
Chile$10.2M (21.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Babies' Garments BY China WERE (2021 - 2022):
United States-$39.9M (-6.52%)
Japan-$27.3M (-14.3%)
Netherlands-$13.7M (-18.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Knit Babies' Garments were:
Bangladesh $1.29B
India $1.08B
In 2022, China's main importing competitors in Knit Babies' Garments were:
United States $2.31B
Germany $759M
United Kingdom $629M

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Trade Value of Knit Babies' Garments by Exporters

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