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2022
Exports $67.8kWorld Rnk 116 / 203
Flag Rnk 472 / 1081
2022
Destination $37.2k Germany
2021 - 2022
FASTEST GROWING MARKET $37.2kGermany
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery-0.71Rnk 761 / 1025
2022
Imports $5.61MWorld Rnk 103 / 218
Flag Rnk 217 / 1170
2022
Origin $144k South Africa
2021 - 2022
FASTEST GROWING ORIGIN $144kChina
2022
ECONOMIC COMPLEXITY of Namibia-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $67.8k in Knit Socks and Hosiery, making it the 116th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 472nd most exported product in Namibia. The main destination of Knit Socks and Hosiery exports from Namibia are: Germany ($43.4k), Angola ($11.2k), Botswana ($7.5k), United Kingdom ($3.49k), and South Africa ($867).

The fastest growing export markets for Knit Socks and Hosiery of Namibia between 2021 and 2022 were Germany ($37.2k), Angola ($5.12k), and United Kingdom ($3.1k).

Imports In 2022, Namibia imported $5.61M in Knit Socks and Hosiery, becoming the 103rd largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 217th most imported product in Namibia. Namibia imports Knit Socks and Hosiery primarily from: South Africa ($3.32M), China ($2.09M), Eswatini ($54.1k), Botswana ($29.9k), and Turkey ($23.8k).

The fastest growing import markets in Knit Socks and Hosiery for Namibia between 2021 and 2022 were China ($144k), Italy ($6.88k), and Vietnam ($5.38k).

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)$67.8k
IMPORTS (2022)$5.61M
NET TRADE (2022)-$5.55M

In 2022, Namibia exported $67.8k in Knit Socks and Hosiery. The main destinations of Namibia exports on Knit Socks and Hosiery were Germany ($43.4k), Angola ($11.2k), Botswana ($7.5k), United Kingdom ($3.49k), and South Africa ($867).

In 2022, Namibia imported $5.61M in Knit Socks and Hosiery, mainly from South Africa ($3.32M), China ($2.09M), Eswatini ($54.1k), Botswana ($29.9k), and Turkey ($23.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
Germany$37.2k (603%)
Angola$5.12k (83.8%)
United Kingdom$3.1k (812%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Namibia WERE (2021 - 2022):
South Africa-$4.13k (-82.7%)
Austria-$722 (-100%)
Malawi-$193 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knit Socks and Hosiery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $40k
TOP IMPORT POTENTIALChina+ $757k

Knit Socks and Hosiery’s highest export potential is Germany. With an export gap of $40k.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $757k.

See methodology.

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