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๐Ÿ“ฆ Knit to shape articles described in statistical note 6 to this chapter (338)

Knit to shape articles described in statistical note 6 to this chapter (338)

HS Code:

๐Ÿ“ฆ

Overview

Knit to shape articles under HS Code 6110, as described in Statistical Note 6 to Chapter 33 (likely a reference to Chapter 61 in the Harmonized System), encompass knitted or crocheted garments and clothing accessories that are produced in their final shape directly on knitting machines, without the need for cutting and sewing. This category includes items such as sweaters, pullovers, cardigans, waistcoats, and similar articles made from various materials like cotton, wool, or synthetic fibers. These products are significant in global apparel trade due to their widespread use and the efficiency of production methods.

Total Trade Volume

Approximately $25 billion USD

Data from 2022

Source

United Nations Comtrade Database and World Trade Organization (WTO) Statistics

Tariff Analysis

Average Rate

10.5% ad valorem

Highest Rate

32% (imposed by certain countries on non-preferential trade partners)

Lowest Rate

0% (under free trade agreements such as EU-Vietnam FTA or USMCA)

Common Restrictions

  • Quotas on imports from specific countries
  • Anti-dumping duties on unfairly priced imports
  • Sustainability and labor standard compliance requirements
  • Rules of origin requirements for preferential tariff treatment

Market Trends

Shift towards sustainable materials

Increased demand for organic cotton and recycled fibers in knit to shape articles, driven by consumer preference for eco-friendly apparel.

2021-2023

Automation in production

Adoption of advanced knitting technologies has reduced production costs and increased output, particularly in countries like China and Vietnam.

2020-2022

Nearshoring in apparel manufacturing

Growing trend of relocating production closer to major markets (e.g., Turkey for Europe, Mexico for the US) to reduce lead times and shipping costs.

2022-2023

Recent Developments

EU Implements Stricter Sustainability Rules

The European Union introduced new regulations under the EU Strategy for Sustainable and Circular Textiles, mandating stricter environmental and labor standards for imported knitwear.

March 2023

Exporters to the EU, especially from Asia, may face higher compliance costs, potentially affecting trade volumes.

US-China Trade Tensions

Continued imposition of Section 301 tariffs by the United States on Chinese apparel imports, including knit to shape articles, amidst ongoing trade disputes.

Throughout 2022-2023

Shift in sourcing to alternative countries like Bangladesh and Vietnam, diversifying supply chains.

Bangladeshโ€™s Rising Export Capacity

Bangladesh has expanded its knitwear export capabilities with new factories and government incentives, strengthening its position in the global market.

Mid-2023

Increased competition for other exporters, potentially lowering global prices for knit to shape articles.