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2022
Exports $71.2MWorld Rnk 17 / 193
Flag Rnk 468 / 1216
2022
Destination $7.73M Ireland
2021 - 2022
FASTEST GROWING MARKET $7.73MIreland
2022
PRODUCT COMPLEXITY IN Knit Active Wear-0.86Rnk 791 / 1025
2022
Imports $426MWorld Rnk 3 / 212
Flag Rnk 291 / 1214
2022
Origin $32.1M China
2021 - 2022
FASTEST GROWING ORIGIN $32.1MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $71.2M in Knit Active Wear, making it the 17th largest exporter of Knit Active Wear in the world. At the same year, Knit Active Wear was the 468th most exported product in United Kingdom. The main destination of Knit Active Wear exports from United Kingdom are: Ireland ($11.7M), United States ($9.84M), South Korea ($9.74M), Netherlands ($7.3M), and Belgium ($5.5M).

The fastest growing export markets for Knit Active Wear of United Kingdom between 2021 and 2022 were Ireland ($7.73M), Netherlands ($2.34M), and Belgium ($1.41M).

Imports In 2022, United Kingdom imported $426M in Knit Active Wear, becoming the 3rd largest importer of Knit Active Wear in the world. At the same year, Knit Active Wear was the 291st most imported product in United Kingdom. United Kingdom imports Knit Active Wear primarily from: China ($150M), Cambodia ($49.3M), Turkey ($43.1M), France ($25.1M), and Pakistan ($24.1M).

The fastest growing import markets in Knit Active Wear for United Kingdom between 2021 and 2022 were China ($32.1M), Cambodia ($18M), and Bangladesh ($6.41M).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Knit Active Wear from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Knit Active Wear exports accounted up to £3.99M and imports accounted up to £16.1M, resulting in a negative trade balance of £12.1M. Between June 2023 and June 2024 the exports of United Kingdom's   Knit Active Wear have decreased by £-4.63M (-53.7%) from £8.62M to £3.99M, while imports decreased by £-454k (-2.75%) from £16.5M to £16.1M.

Destinations In June 2024, Knit Active Wear were exported mostly to United States (£1.04M), Germany (£586k), Ireland (£580k), Belgium (£329k), and Netherlands (£218k), and were imported mostly from China (£6.47M), Vietnam (£1.15M), Cambodia (£1.08M), Pakistan (£866k), and France (£836k).

Growth In June 2024, the decrease in Knit Active Wear's year-by-year exports was explained primarily by a decrease in exports to South Korea (£-1.22M or -51.4%), Ireland (£-878k or -72.4%), and Switzerland (£-24.7k or -27.4%). In June 2024, the decrease in Knit Active Wear's year-by-year imports was explained primarily by a decrease in imports from Turkey (£-1.88M or -65.8%), France (£-779k or -52.4%), and Italy (£-508k or -40.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-4.63M(-53.7%)
IMPORT GROWTH (June 2023 - June 2024)£-454k(-2.75%)
MAIN EXPORTER (June 2024)London Heathrow Airport£3.04M
MAIN DESTINATION (June 2024)United States£1.04M

This section shows Knit Active Wear'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 Active Wear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$71.2M
IMPORTS (2022)$426M
NET TRADE (2022)-$355M

In 2022, United Kingdom exported $71.2M in Knit Active Wear. The main destinations of United Kingdom exports on Knit Active Wear were Ireland ($11.7M), United States ($9.84M), South Korea ($9.74M), Netherlands ($7.3M), and Belgium ($5.5M).

In 2022, United Kingdom imported $426M in Knit Active Wear, mainly from China ($150M), Cambodia ($49.3M), Turkey ($43.1M), France ($25.1M), and Pakistan ($24.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Active Wear EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Ireland$7.73M (195%)
Netherlands$2.34M (47.1%)
Belgium$1.41M (34.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Active Wear BY United Kingdom WERE (2021 - 2022):
South Korea-$4.61M (-32.1%)
United States-$3.26M (-24.9%)
Germany-$1.56M (-22.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Knit Active Wear were:
China $2.33B
Vietnam $632M
Germany $400M
In 2022, United Kingdom's main importing competitors in Knit Active Wear were:
United States $1.42B
Germany $708M

Explore Visualizations

Trade Value of Knit Active Wear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.97M
TOP IMPORT POTENTIALVietnam+ $7.24M

Knit Active Wear’s highest export potential is United States. With an export gap of $4.97M.   Knit Active Wear’s highest import potential is Vietnam with an import gap of $7.24M.

See methodology.

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