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2023
Exports $385World Rnk 176 / 207
Flag Rnk 482 / 654
2023
Destination $385 Zimbabwe
2022 - 2023
FASTEST GROWING MARKET $385Zimbabwe
2023
PRODUCT COMPLEXITY IN Knit Socks and Hosiery-0.83Rnk 790 / 1025
2023
Imports $645kWorld Rnk 149 / 218
Flag Rnk 340 / 1100
2023
Origin $322k China
2022 - 2023
FASTEST GROWING ORIGIN $322kChina

About

Exports In 2023, Malawi exported $385 in Knit Socks and Hosiery, making it the 176th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 482nd most exported product in Malawi. The main destination of Knit Socks and Hosiery exports from Malawi are: Zimbabwe ($385).

The fastest growing export markets for Knit Socks and Hosiery of Malawi between 2022 and 2023 were Zimbabwe ($385).

Imports In 2023, Malawi imported $645k in Knit Socks and Hosiery, becoming the 149th 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 Malawi. Malawi imports Knit Socks and Hosiery primarily from: China ($548k), Hong Kong ($42.5k), South Africa ($34.1k), Tanzania ($10.2k), and United States ($1.6k).

The fastest growing import markets in Knit Socks and Hosiery for Malawi between 2022 and 2023 were China ($322k), Hong Kong ($41.9k), and South Africa ($19.4k).

Latest Trends

Dec 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 (2023)$385
IMPORTS (2023)$645k
NET TRADE (2023)-$644k

In 2023, Malawi exported $385 in Knit Socks and Hosiery. The main destinations of Malawi exports on Knit Socks and Hosiery were Zimbabwe ($385).

In 2023, Malawi imported $645k in Knit Socks and Hosiery, mainly from China ($548k), Hong Kong ($42.5k), South Africa ($34.1k), Tanzania ($10.2k), and United States ($1.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Malawi WERE (2022 - 2023):Zimbabwe$385 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Malawi WERE (2022 - 2023):United Arab Emirates-$6 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Malawi's main exporting competitors in Knit Socks and Hosiery were:
China $6.16B
Turkey $1.43B
Italy $810M
In 2023, Malawi's main importing competitors in Knit Socks and Hosiery were:
United States $2.37B
Germany $1.23B
Japan $810M

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Trade Value of Knit Socks and Hosiery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $739
TOP IMPORT POTENTIALChina+ $280k

Knit Socks and Hosiery’s highest export potential is United States. With an export gap of $739.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $280k.

See methodology.

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