Product intelligence · HS 600621 · 2024 data

Fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, unbleached or bleached

Global exports of fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, unbleached or bleached totalled $545,249,618 in 2024, a +3.3% change from the previous year. Traded by 103 countries across 1,389 bilateral corridors, with demand from 169 importing markets. The long-term trend is rapid decline.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$545.2M

+3.3% YoY

3Y / 5Y CAGR

-14.3%

5Y: -4.8%

Supply structure

Moderately concentrated

HHI 0.154

Volatility

Low

Score 16/100

1.

Market movement

In 2024, fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, unbleached or bleached trade exhibited modest growth, with global flows reaching $545,249,618 and a three-year compound annual growth rate of -14.3% (five-year: -4.8%). The all-time peak of $867,551,548 was recorded in 2021; the current level is 37% below that high-water mark.

Over the 30-year observation window (19952024), 72% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-14.3% acceleration).

2.

Supply & demand structure

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.154). The three largest exporters — China ($180.0M), India ($97.5M), and Türkiye ($49.0M) — collectively dominate supply flows. The leading exporter has grown at -15.5% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.050). The three largest import markets are Vietnam ($69.1M), United States ($65.8M), and Sri Lanka ($28.5M). The largest importing market sources from 24 different supplying countries.

Estimated substitution elasticity: -5.76. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is India → United States at $55.8M, representing 84.8% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, unbleached or bleached is 16 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, modest but steady demand provides a reasonable entry window. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $867,551,548 in 2021. Currently 37% below peak.

YearGlobal trade (USD)YoY growth
2015$456,011,387-16.6%
2016$481,755,611+5.6%
2017$577,050,658+19.8%
2018$630,212,952+9.2%
2019$696,520,485+10.5%
2020$697,317,462+0.1%
2021$867,551,548+24.4%
2022$738,129,325-14.9%
2023$527,760,103-28.5%
2024$545,249,618+3.3%

Top exporting countries

Ranked by export value of fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, unbleached or bleached in 2024.

View all 103 exporters →

Top importing markets

Largest import destinations for fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, unbleached or bleached.

View all 169 markets →

Leading trade corridors

Largest bilateral export flows for fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, unbleached or bleached, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1IndiaUnited States$55.8M-25.4%
2ChinaVietnam$54.5M-17.8%
3IndiaSri Lanka$23.5M-16.5%
4ChinaPhilippines$19.5M-7.4%
5ChinaCambodia$17.5M-2.7%
6ChinaIndonesia$16.0M-4.7%
7TürkiyeItaly$15.4M+0.1%
8VietnamChina$12.8M-10.5%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.