In 2023, China dominated the global export market for knitted or crocheted fabric, accounting for a staggering $14.42 billion. South Korea followed as a distant second with $3.39 billion, and Hong Kong secured the third position with $2.12 billion. Turkey and Italy rounded out the top five exporters, while the United States, Germany, Japan, and Vietnam also held notable positions within the global market. France completed this top ten exporter list with exports worth $0.438 billion.
Future trends to watch include a potential shift in market dynamics due to increased regional production, trade policies affecting export flows, and technological advancements in fabric production. Sustainability concerns and demand for more eco-friendly materials could also structure market opportunities, potentially advancing countries investing in green innovations. Additionally, economic factors, such as exchange rate fluctuations, may impact export values in the coming years.
Top countries in Top Exporters of Knitted or Crocheted Fabric
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 14,420 | 2016 | |
| 2 | 2 South Korea | 3,390 | 2016 | |
| 3 | 3 Hong Kong | 2,120 | 2016 | |
| 4 | 4 Turkey | 1,500 | 2016 | |
| 5 | 5 Italy | 1,050 | 2016 | |
| 6 | 6 United States | 954.61 | 2016 | |
| 7 | 7 Germany | 834.47 | 2016 | |
| 8 | 8 Japan | 583.97 | 2016 | |
| 9 | 9 Viet Nam | 494.74 | 2016 | |
| 10 | 10 France | 438.38 | 2016 |