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Global knitwear trade nears US$290b, report

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ICAC analysis shows knit garment exports have almost doubled since 2006, with supply shifting towards Bangladesh and Vietnam

Monarch circular knitting machine

Washington DC - Global exports of knitted garments reached US$289.1 billion in 2025, almost double their 2006 value of US$145.2 billion, according to new analysis from the International Cotton Advisory Committee (ICAC).

The sector has also outperformed wider textile trade, increasing its share of world textile exports from 25.9% to 31.6% over the period, the report says.

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