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Exports In 2022, Bermuda exported $2.67k in Knit Sweaters, making it the 195th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 248th most exported product in Bermuda. The main destination of Knit Sweaters exports from Bermuda are: Netherlands ($1.49k), Dominican Republic ($419), Poland ($252), Ireland ($177), and Switzerland ($130).

The fastest growing export markets for Knit Sweaters of Bermuda between 2021 and 2022 were Netherlands ($1.49k), Dominican Republic ($419), and Poland ($252).

Imports In 2022, Bermuda imported $1.03M in Knit Sweaters, becoming the 150th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 167th most imported product in Bermuda. Bermuda imports Knit Sweaters primarily from: United States ($508k), Bangladesh ($104k), United Kingdom ($72.3k), Italy ($57k), and Netherlands ($39.3k).

The fastest growing import markets in Knit Sweaters for Bermuda between 2021 and 2022 were United States ($326k), Bangladesh ($35.6k), and Netherlands ($12.4k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Knit Sweaters. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.67k
IMPORTS (2022)$1.03M
NET TRADE (2022)-$1.03M

In 2022, Bermuda exported $2.67k in Knit Sweaters. The main destinations of Bermuda exports on Knit Sweaters were Netherlands ($1.49k), Dominican Republic ($419), Poland ($252), Ireland ($177), and Switzerland ($130).

In 2022, Bermuda imported $1.03M in Knit Sweaters, mainly from United States ($508k), Bangladesh ($104k), United Kingdom ($72.3k), Italy ($57k), and Netherlands ($39.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Bermuda WERE (2021 - 2022):
Netherlands$1.49k (1%)
Poland$252 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Bermuda WERE (2021 - 2022):
Brazil-$2.06k (-100%)
United Kingdom-$1.49k (-100%)
South Africa-$673 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Bermuda's main exporting competitors in Knit Sweaters were:
In 2022, Bermuda's main importing competitors in Knit Sweaters were:

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

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N/A
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Knit Sweaters’s highest export potential is N/A. With an export gap of N/A.   Knit Sweaters’s highest import potential is N/A with an import gap of N/A.

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