2022
Exports
$9.06BWorld Rnk 2 / 226
Flag Rnk 1 / 931
2022
PRODUCT COMPLEXITY IN Knit T-shirts
-1.34Rnk 921 / 1025
2022
Imports
$21.4MWorld Rnk 100 / 223
Flag Rnk 363 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $9.06B in Knit T-shirts, making it the 2nd largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 1st most exported product in Bangladesh. The main destination of Knit T-shirts exports from Bangladesh are: Germany ($1.74B), Spain ($834M), United Kingdom ($795M), United States ($708M), and Poland ($605M).

The fastest growing export markets for Knit T-shirts of Bangladesh between 2021 and 2022 were Germany ($329M), United Kingdom ($282M), and Spain ($233M).

Imports In 2022, Bangladesh imported $21.4M in Knit T-shirts, becoming the 100th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 363rd most imported product in Bangladesh. Bangladesh imports Knit T-shirts primarily from: China ($6.83M), United Kingdom ($6.8M), United Arab Emirates ($5.06M), India ($2.34M), and Singapore ($186k).

The fastest growing import markets in Knit T-shirts for Bangladesh between 2021 and 2022 were United Kingdom ($6.8M), China ($3.42M), and India ($829k).

COMPANIES In 2023, leading companies such as H&M Clothing (105), Walmart (25), and PVH (Phillips-Van Heusen Corporation) (6) were at the forefront of shipping Knit T-shirts from Bangladesh to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
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 T-shirts. 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)$9.06B
IMPORTS (2022)$21.4M
NET TRADE (2022)$9.04B

In 2022, Bangladesh exported $9.06B in Knit T-shirts. The main destinations of Bangladesh exports on Knit T-shirts were Germany ($1.74B), Spain ($834M), United Kingdom ($795M), United States ($708M), and Poland ($605M).

In 2022, Bangladesh imported $21.4M in Knit T-shirts, mainly from China ($6.83M), United Kingdom ($6.8M), United Arab Emirates ($5.06M), India ($2.34M), and Singapore ($186k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Germany$329M (23.4%)
United Kingdom$282M (55%)
Spain$233M (38.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Bangladesh WERE (2021 - 2022):
Russia-$197M (-100%)
Austria-$140M (-72.7%)
Saudi Arabia-$83.6M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Knit T-shirts were:
China $9.12B
In 2022, Bangladesh's main importing competitors in Knit T-shirts were:

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Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $458M
TOP IMPORT POTENTIALChina+ $6.55M

Knit T-shirts’s highest export potential is United States. With an export gap of $458M.   Knit T-shirts’s highest import potential is China with an import gap of $6.55M.

See methodology.

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