HS Code:
The 'Other garments, knitted or crocheted' category (HS Code: 6114) includes a variety of apparel items made through knitting or crocheting techniques, excluding specific categories like t-shirts, sweaters, or suits. This category encompasses items such as bodysuits, jumpsuits, and other miscellaneous knitted or crocheted clothing articles. These products are typically used for casual or sportswear and are produced using materials like cotton, wool, or synthetic fibers. The global trade of these garments is influenced by factors such as labor costs, raw material availability, and fashion trends.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
12.5%
Highest Rate
32% (imposed by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-Vietnam FTA)
Rising demand for sustainable and organic knitted garments
Increased production costs but higher consumer willingness to pay premiums, especially in Europe and North America
2021-2022
Shift of manufacturing bases from China to Southeast Asia
Lower labor costs in countries like Vietnam and Bangladesh are driving export growth, reducing China's dominance slightly
2020-2022
Growing popularity of athleisure wear
Boost in demand for knitted sportswear and casual garments, benefiting exporters with strong supply chains
2019-2022
The European Union introduced new regulations requiring detailed sustainability reporting for imported knitted garments, including supply chain transparency and carbon footprint data.
March 2023
Increased compliance costs for exporters but potential for premium pricing in the EU market for certified sustainable products.
A partial rollback of additional tariffs on Chinese apparel exports to the US was agreed upon as part of a broader trade negotiation.
January 2023
Potential stabilization of prices for US consumers and increased competitiveness for Chinese exporters in the short term.
Bangladesh announced investments in new textile mills and knitting facilities to meet growing global demand, supported by government incentives.
June 2022
Likely to strengthen Bangladesh's position as a top exporter, potentially challenging other Southeast Asian competitors.