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2022
Exports $3.23BWorld Rnk 1 / 190
Flag Rnk 211 / 1216
2022
Destination $63.3M United States
2021 - 2022
FASTEST GROWING MARKET $63.3MKyrgyzstan
2022
PRODUCT COMPLEXITY IN Knit Men's Undergarments-1.37Rnk 926 / 1025
2022
Imports $40.8MWorld Rnk 43 / 217
Flag Rnk 818 / 1212
2022
Origin $3.43M Bangladesh
2021 - 2022
FASTEST GROWING ORIGIN $3.43MSri Lanka
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $3.23B in Knit Men's Undergarments, making it the 1st largest exporter of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 211th most exported product in China. The main destination of Knit Men's Undergarments exports from China are: United States ($686M), Japan ($270M), Germany ($131M), United Kingdom ($126M), and Netherlands ($116M).

The fastest growing export markets for Knit Men's Undergarments of China between 2021 and 2022 were Kyrgyzstan ($63.3M), Greece ($41.6M), and Germany ($23.6M).

Imports In 2022, China imported $40.8M in Knit Men's Undergarments, becoming the 43rd largest importer of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 818th most imported product in China. China imports Knit Men's Undergarments primarily from: Bangladesh ($14.1M), Sri Lanka ($6.23M), Vietnam ($3.65M), India ($1.79M), and China ($1.39M).

The fastest growing import markets in Knit Men's Undergarments for China between 2021 and 2022 were Sri Lanka ($3.43M), Laos ($981k), and United States ($392k).

COMPANIES In 2023, leading companies such as CrimsonLogic (119), Gap (104), and David Peyser Sportswear (16) were at the forefront of shipping Knit Men's Undergarments from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Knit Men's Undergarments exports accounted up to $327M and imports accounted up to $5.49M, resulting in a positive trade balance of $322M. Between July 2023 and July 2024 the exports of China's   Knit Men's Undergarments have increased by $18M (5.82%) from $309M to $327M, while imports increased by $463k (9.22%) from $5.03M to $5.49M.

Destinations In July 2024, Knit Men's Undergarments were exported mostly to United States ($83.3M), Japan ($17.7M), United Kingdom ($14.9M), Netherlands ($14.4M), and Kyrgyzstan ($10.5M), and were imported mostly from Bangladesh ($1.61M), India ($1.12M), Vietnam ($1.03M), Sri Lanka ($788k), and China ($293k).

Growth In July 2024, the increase in Knit Men's Undergarments's year-by-year exports was explained primarily by an increase in exports to Russia ($4.4M or 103%), Kazakhstan ($3.82M or 282%), and Germany ($3.56M or 38.5%). In July 2024, the increase in Knit Men's Undergarments's year-by-year imports was explained primarily by an increase in imports from Sri Lanka ($2.43M or 406%), Bangladesh ($1.59M or 234%), and India ($267k or 71.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$18M(5.82%)
IMPORT GROWTH (July 2023 - July 2024)$463k(9.22%)
MAIN EXPORTER (July 2024)Fujian Province$112M
MAIN DESTINATION (July 2024)United States$83.3M

This section shows Knit Men's Undergarments'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 Men's Undergarments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.23B
IMPORTS (2022)$40.8M
NET TRADE (2022)$3.19B

In 2022, China exported $3.23B in Knit Men's Undergarments. The main destinations of China exports on Knit Men's Undergarments were United States ($686M), Japan ($270M), Germany ($131M), United Kingdom ($126M), and Netherlands ($116M).

In 2022, China imported $40.8M in Knit Men's Undergarments, mainly from Bangladesh ($14.1M), Sri Lanka ($6.23M), Vietnam ($3.65M), India ($1.79M), and China ($1.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Undergarments EXPORT MARKETS FOR China WERE (2021 - 2022):
Kyrgyzstan$63.3M (299%)
Greece$41.6M (121%)
Germany$23.6M (21.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Undergarments BY China WERE (2021 - 2022):
United States-$89.3M (-11.5%)
Saudi Arabia-$22.5M (-32.1%)
Kazakhstan-$14.7M (-29%)
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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 Men's Undergarments were:
Bangladesh $1.2B
Vietnam $715M
In 2022, China's main importing competitors in Knit Men's Undergarments were:
United States $2.31B
Germany $772M
United Kingdom $503M

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Trade Value of Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $26.5M
TOP IMPORT POTENTIALBangladesh+ $12.6M

Knit Men's Undergarments’s highest export potential is Russia. With an export gap of $26.5M.   Knit Men's Undergarments’s highest import potential is Bangladesh with an import gap of $12.6M.

See methodology.

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