Sign In
Pricing

2022
Exports $26.3MWorld Rnk 47 / 203
Flag Rnk 632 / 1210
2022
Destination $973k United States
2021 - 2022
FASTEST GROWING MARKET $973kGermany
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery-0.71Rnk 761 / 1025
2022
Imports $337MWorld Rnk 12 / 218
Flag Rnk 302 / 1213
2022
Origin $15.3M China
2021 - 2022
FASTEST GROWING ORIGIN $15.3MChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $26.3M in Knit Socks and Hosiery, making it the 47th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 632nd most exported product in Canada. The main destination of Knit Socks and Hosiery exports from Canada are: United States ($22M), Germany ($1.44M), United Kingdom ($540k), Australia ($470k), and Chile ($240k).

The fastest growing export markets for Knit Socks and Hosiery of Canada between 2021 and 2022 were Germany ($973k), United Kingdom ($240k), and Israel ($95.3k).

Imports In 2022, Canada imported $337M in Knit Socks and Hosiery, becoming the 12th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 302nd most imported product in Canada. Canada imports Knit Socks and Hosiery primarily from: China ($179M), United States ($64.6M), Pakistan ($15.3M), Vietnam ($14.3M), and Turkey ($12.2M).

The fastest growing import markets in Knit Socks and Hosiery for Canada between 2021 and 2022 were China ($15.3M), United States ($7.79M), and Turkey ($3.86M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Knit Socks and Hosiery exports accounted up to C$539k and imports accounted up to C$31.5M, resulting in a negative trade balance of C$30.9M. Between June 2023 and June 2024 the exports of Canada's   Knit Socks and Hosiery have increased by C$367k (213%) from C$173k to C$539k, while imports decreased by C$-11.3M (-26.4%) from C$42.8M to C$31.5M.

Destinations In June 2024, Knit Socks and Hosiery were exported mostly to United States (C$384k), Poland (C$121k), Bermuda (C$16.1k), France (C$11.7k), and Japan (C$2.39k), and were imported mostly from China (C$18M), United States (C$4.13M), Pakistan (C$1.79M), Vietnam (C$1.53M), and Turkey (C$982k).

Growth In June 2024, the increase in Knit Socks and Hosiery's year-by-year exports was explained primarily by an increase in exports to Australia (C$91.5k or 149%) and Japan (C$5.86k or 53.3k%). In June 2024, the decrease in Knit Socks and Hosiery's year-by-year imports was explained primarily by a decrease in imports from Ukraine (C$-201k or -99.7%), Pakistan (C$-144k or -14.9%), and Colombia (C$-77.4k or -44.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$367k(213%)
IMPORT GROWTH (June 2023 - June 2024)C$-11.3M(-26.4%)
MAIN EXPORTER (June 2024)QuebecC$1.38M
MAIN DESTINATION (June 2024)United StatesC$384k

This section shows Knit Socks and Hosiery's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Knit Socks and Hosiery over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$26.3M
IMPORTS (2022)$337M
NET TRADE (2022)-$311M

In 2022, Canada exported $26.3M in Knit Socks and Hosiery. The main destinations of Canada exports on Knit Socks and Hosiery were United States ($22M), Germany ($1.44M), United Kingdom ($540k), Australia ($470k), and Chile ($240k).

In 2022, Canada imported $337M in Knit Socks and Hosiery, mainly from China ($179M), United States ($64.6M), Pakistan ($15.3M), Vietnam ($14.3M), and Turkey ($12.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Germany$973k (207%)
United Kingdom$240k (80.2%)
Israel$95.3k (695%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Canada WERE (2021 - 2022):
United States-$13.6M (-38.2%)
Sweden-$48.7k (-50.7%)
Russia-$47.8k (-92.2%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
Germany $779M
In 2022, Canada's main importing competitors in Knit Socks and Hosiery were:
United States $2.93B
Germany $1.51B
Japan $866M

Explore Visualizations

Trade Value of Knit Socks and Hosiery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.1M
TOP IMPORT POTENTIALPakistan+ $9.41M

Knit Socks and Hosiery’s highest export potential is United States. With an export gap of $15.1M.   Knit Socks and Hosiery’s highest import potential is Pakistan with an import gap of $9.41M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms