The global export of pile knit or crochet fabric of cotton is predominantly led by China, with a significant lead over other countries. In 2023, China experienced a slight increase of 1.57% in its exports, bolstering its position. Meanwhile, notable year-on-year growth was observed in the Netherlands (10.67%), Saudi Arabia (20.38%), and Bosnia and Herzegovina (17.3%). However, some countries faced declines, including Germany (-8.65%) and Greece (-13.35%). Over the last five years, various countries have seen fluctuating Compound Annual Growth Rates, reflecting both growing and declining trends in the global market.
Future trends to watch include potential shifts in market leadership due to trade relationships and technological advancements. Additionally, economic policies and sustainability practices may influence export dynamics across countries. It will be important to monitor these factors as they could affect both market growth and stability in the coming years.
Top countries in Export of Pile Knit or Crochet Fabric of Cotton by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 504,610,000 | 2023 | +2.63% | +1.57% | View data |
| 2 | 2 Malaysia | 20,614,000 | 2023 | -0.47% | -0.85% | View data |
| 3 | 3 Italy | 19,192,000 | 2023 | +4.6% | +0.69% | View data |
| 4 | 4 Spain | 14,492,000 | 2023 | +3.57% | +3.77% | View data |
| 5 | 5 Thailand | 8,207,900 | 2023 | +0.29% | +0.55% | View data |
| 6 | 6 South Korea | 7,685,100 | 2023 | -5.4% | -4.56% | View data |
| 7 | 7 Netherlands | 6,381,800 | 2023 | +2.19% | +10.67% | View data |
| 8 | 8 United States | 5,612,500 | 2023 | +0.85% | -1.05% | View data |
| 9 | 9 France | 4,915,500 | 2023 | -2.71% | -3.57% | View data |
| 10 | 10 South Africa | 3,907,600 | 2023 | +4.27% | +3.88% | View data |