The Collaborative International Dictionary of English v.0.48:

knitwork \knit"work`\ (n[i^]t"w[^u]rk`), n.
   A network of yarn created by interlacing threads of yarn in a
   series of connected loops using straight eyeless needles or
   by machine; knitting.

   Syn: knit, knitting.
        [WordNet 1.5]

WordNet (r) 3.0 (2006):

knitwork
    n 1: needlework created by interlacing yarn in a series of
         connected loops using straight eyeless needles or by
         machine [syn: knit, knitting, knitwork]