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2022
Exports $117MWorld Rnk 18 / 200
Flag Rnk 450 / 1214
2022
Destination $4.83M Portugal
2021 - 2022
FASTEST GROWING MARKET $4.83MPortugal
2022
PRODUCT COMPLEXITY IN Knit Men's Shirts-1.58Rnk 957 / 1025
2022
Imports $410MWorld Rnk 5 / 222
Flag Rnk 212 / 1214
2022
Origin $52.2M Bangladesh
2021 - 2022
FASTEST GROWING ORIGIN $52.2MBangladesh
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $117M in Knit Men's Shirts, making it the 18th largest exporter of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 450th most exported product in Spain. The main destination of Knit Men's Shirts exports from Spain are: Portugal ($20.5M), France ($18.9M), Italy ($10.7M), United States ($7.24M), and Mexico ($6.29M).

The fastest growing export markets for Knit Men's Shirts of Spain between 2021 and 2022 were Portugal ($4.83M), France ($2.93M), and United States ($2.7M).

Imports In 2022, Spain imported $410M in Knit Men's Shirts, becoming the 5th largest importer of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 212th most imported product in Spain. Spain imports Knit Men's Shirts primarily from: Bangladesh ($131M), Portugal ($50.5M), China ($39.9M), France ($30.6M), and Italy ($29.9M).

The fastest growing import markets in Knit Men's Shirts for Spain between 2021 and 2022 were Bangladesh ($52.2M), Portugal ($31.2M), and Italy ($16.2M).

COMPANIES In 2023, leading companies such as ASOS (14) and Volkswagen (2) were at the forefront of shipping Knit Men's Shirts from Spain to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Spain's Knit Men's Shirts exports accounted up to €10.8M and imports accounted up to €25M, resulting in a negative trade balance of €14.2M. Between June 2023 and June 2024 the exports of Spain's   Knit Men's Shirts have decreased by €-1.34M (-11%) from €12.1M to €10.8M, while imports decreased by €-4.44M (-15.1%) from €29.5M to €25M.

Destinations In June 2024, Knit Men's Shirts were exported mostly to Portugal (€2.84M), Italy (€1.74M), France (€1.72M), Germany (€763k), and Poland (€378k), and were imported mostly from Bangladesh (€5.78M), China (€2.81M), Vietnam (€2.69M), Turkey (€2.55M), and Italy (€1.45M).

Growth In June 2024, the decrease in Knit Men's Shirts's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-49.7k or -40.3%), Vietnam (€-29.3k or -68.9%), and Croatia (€-26.1k or -44.8%). In June 2024, the decrease in Knit Men's Shirts's year-by-year imports was explained primarily by a decrease in imports from Burma (€-78.7k or -47.3%), Hungary (€-38.6k or -98.2%), and Ireland (€-33.1k or -65.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-1.34M(-11%)
IMPORT GROWTH (June 2023 - June 2024)€-4.44M(-15.1%)
MAIN EXPORTER (June 2024)Barcelona€2.88M
MAIN DESTINATION (June 2024)Portugal€2.84M

This section shows Knit Men's Shirts's exports and imports data at subnational level for Spain. 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 Shirts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$117M
IMPORTS (2022)$410M
NET TRADE (2022)-$293M

In 2022, Spain exported $117M in Knit Men's Shirts. The main destinations of Spain exports on Knit Men's Shirts were Portugal ($20.5M), France ($18.9M), Italy ($10.7M), United States ($7.24M), and Mexico ($6.29M).

In 2022, Spain imported $410M in Knit Men's Shirts, mainly from Bangladesh ($131M), Portugal ($50.5M), China ($39.9M), France ($30.6M), and Italy ($29.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Shirts EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Portugal$4.83M (30.9%)
France$2.93M (18.3%)
United States$2.7M (59.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Shirts BY Spain WERE (2021 - 2022):
United Kingdom-$1.03M (-30.6%)
Russia-$754k (-70.7%)
Italy-$658k (-5.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Knit Men's Shirts were:
Bangladesh $1.44B
China $1.42B
Vietnam $920M
In 2022, Spain's main importing competitors in Knit Men's Shirts were:
United States $2.7B
Germany $804M
United Kingdom $512M

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Trade Value of Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $6.95M
TOP IMPORT POTENTIALChina+ $9.97M

Knit Men's Shirts’s highest export potential is France. With an export gap of $6.95M.   Knit Men's Shirts’s highest import potential is China with an import gap of $9.97M.

See methodology.

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