Knit Sweaters in   Canada

Overview In August 2024 Canada's Knit Sweaters exports accounted up to C$10.3M and imports accounted up to C$302M, resulting in a negative trade balance of C$292M. Between August 2023 and August 2024 the exports of Canada's   Knit Sweaters have decreased by C$-2.76M (-21.2%) from C$13.1M to C$10.3M, while imports increased by C$17.3M (6.07%) from C$285M to C$302M.

Destinations In August 2024, Knit Sweaters were exported mostly to United States (C$7.2M), Japan (C$942k), Netherlands (C$453k), United Kingdom (C$422k), and South Korea (C$413k), and were imported mostly from China (C$95.7M), Cambodia (C$50.8M), Bangladesh (C$37M), Vietnam (C$35M), and Indonesia (C$11.4M).

Growth In August 2024, the decrease in Knit Sweaters's year-by-year exports was explained primarily by a decrease in exports to Germany (C$-448k or -79.7%), Netherlands (C$-220k or -27.1%), and Italy (C$-66.7k or -99.6%). In August 2024, the increase in Knit Sweaters's year-by-year imports was explained primarily by an increase in imports from Jordan (C$2.33M or 144%), Cambodia (C$2.08M or 11.9%), and Vietnam (C$1.7M or 11.4%).