2022
Exports
$107MWorld Rnk 22 / 203
Flag Rnk 311 / 1211
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$64.7MWorld Rnk 47 / 218
Flag Rnk 446 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $107M in Knit Socks and Hosiery, making it the 22nd largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 311th most exported product in Thailand. The main destination of Knit Socks and Hosiery exports from Thailand are: Japan ($69.9M), United States ($8.47M), China ($4.47M), Chinese Taipei ($3.93M), and South Korea ($2.85M).

The fastest growing export markets for Knit Socks and Hosiery of Thailand between 2021 and 2022 were United States ($2.64M), Mexico ($1.96M), and Burma ($1.28M).

Imports In 2022, Thailand imported $64.7M in Knit Socks and Hosiery, becoming the 47th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 446th most imported product in Thailand. Thailand imports Knit Socks and Hosiery primarily from: China ($61.1M), Vietnam ($469k), Chinese Taipei ($290k), United States ($281k), and Turkey ($267k).

The fastest growing import markets in Knit Socks and Hosiery for Thailand between 2021 and 2022 were China ($20.6M), Vietnam ($266k), and Japan ($124k).

COMPANIES In 2023, leading companies such as Samsung (2) were at the forefront of shipping Knit Socks and Hosiery from Thailand to the United States.

Latest Trends

Sep 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)$107M
IMPORTS (2022)$64.7M
NET TRADE (2022)$42.8M

In 2022, Thailand exported $107M in Knit Socks and Hosiery. The main destinations of Thailand exports on Knit Socks and Hosiery were Japan ($69.9M), United States ($8.47M), China ($4.47M), Chinese Taipei ($3.93M), and South Korea ($2.85M).

In 2022, Thailand imported $64.7M in Knit Socks and Hosiery, mainly from China ($61.1M), Vietnam ($469k), Chinese Taipei ($290k), United States ($281k), and Turkey ($267k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$2.64M (45.3%)
Mexico$1.96M (40.5k%)
Burma$1.28M (409%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Thailand WERE (2021 - 2022):
Japan-$8.14M (-10.4%)
China-$1.44M (-24.3%)
Russia-$997k (-86.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
In 2022, Thailand'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 POTENTIALUnited States+ $8.8M
TOP IMPORT POTENTIALChina+ $9.92M

Knit Socks and Hosiery’s highest export potential is United States. With an export gap of $8.8M.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $9.92M.

See methodology.

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