2022
Exports
$12.3kWorld Rnk 135 / 203
Flag Rnk 552 / 885
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$7.39MWorld Rnk 96 / 218
Flag Rnk 340 / 1129
2022
ECONOMIC COMPLEXITY of Ghana
-1.32Rnk 122 / 133

About

Exports In 2022, Ghana exported $12.3k in Knit Socks and Hosiery, making it the 135th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 552nd most exported product in Ghana. The main destination of Knit Socks and Hosiery exports from Ghana are: Germany ($4.57k), Sweden ($1.48k), Netherlands ($1.19k), Austria ($1.17k), and Switzerland ($648).

The fastest growing export markets for Knit Socks and Hosiery of Ghana between 2021 and 2022 were Germany ($855), Sweden ($434), and Ireland ($378).

Imports In 2022, Ghana imported $7.39M in Knit Socks and Hosiery, becoming the 96th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 340th most imported product in Ghana. Ghana imports Knit Socks and Hosiery primarily from: China ($7.14M), Turkey ($80.1k), South Africa ($78.2k), India ($43.6k), and Austria ($14k).

The fastest growing import markets in Knit Socks and Hosiery for Ghana between 2021 and 2022 were India ($31.2k), Austria ($13.9k), and Italy ($2.86k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Knit Socks and Hosiery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.3k
IMPORTS (2022)$7.39M
NET TRADE (2022)-$7.38M

In 2022, Ghana exported $12.3k in Knit Socks and Hosiery. The main destinations of Ghana exports on Knit Socks and Hosiery were Germany ($4.57k), Sweden ($1.48k), Netherlands ($1.19k), Austria ($1.17k), and Switzerland ($648).

In 2022, Ghana imported $7.39M in Knit Socks and Hosiery, mainly from China ($7.14M), Turkey ($80.1k), South Africa ($78.2k), India ($43.6k), and Austria ($14k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Ghana WERE (2021 - 2022):
Germany$855 (23%)
Sweden$434 (41.4%)
Ireland$378 (170%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Ghana WERE (2021 - 2022):
Lebanon-$11.4k (-100%)
Netherlands-$7.04k (-85.5%)
Cote d'Ivoire-$2.07k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ghana's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
In 2022, Ghana's main importing competitors in Knit Socks and Hosiery were:

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Trade Value of Knit Socks and Hosiery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.9k
TOP IMPORT POTENTIALChina+ $1.75M

Knit Socks and Hosiery’s highest export potential is Germany. With an export gap of $10.9k.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $1.75M.

See methodology.

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