2022
Exports
$77.4MWorld Rnk 29 / 203
Flag Rnk 337 / 1195
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$25.6MWorld Rnk 60 / 218
Flag Rnk 617 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $77.4M in Knit Socks and Hosiery, making it the 29th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 337th most exported product in Chinese Taipei. The main destination of Knit Socks and Hosiery exports from Chinese Taipei are: United States ($39.5M), Australia ($4.71M), South Korea ($3.54M), Japan ($3.23M), and United Kingdom ($3.03M).

The fastest growing export markets for Knit Socks and Hosiery of Chinese Taipei between 2021 and 2022 were Mexico ($2.22M), Japan ($1.27M), and Philippines ($846k).

Imports In 2022, Chinese Taipei imported $25.6M in Knit Socks and Hosiery, becoming the 60th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 617th most imported product in Chinese Taipei. Chinese Taipei imports Knit Socks and Hosiery primarily from: Thailand ($3.93M), China ($3.77M), Vietnam ($3.62M), Cambodia ($2.53M), and Turkey ($2.16M).

The fastest growing import markets in Knit Socks and Hosiery for Chinese Taipei between 2021 and 2022 were Cambodia ($2.51M), Vietnam ($1.69M), and Thailand ($1.08M).

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)$77.4M
IMPORTS (2022)$25.6M
NET TRADE (2022)$51.8M

In 2022, Chinese Taipei exported $77.4M in Knit Socks and Hosiery. The main destinations of Chinese Taipei exports on Knit Socks and Hosiery were United States ($39.5M), Australia ($4.71M), South Korea ($3.54M), Japan ($3.23M), and United Kingdom ($3.03M).

In 2022, Chinese Taipei imported $25.6M in Knit Socks and Hosiery, mainly from Thailand ($3.93M), China ($3.77M), Vietnam ($3.62M), Cambodia ($2.53M), and Turkey ($2.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
Mexico$2.22M (332%)
Japan$1.27M (64.8%)
Philippines$846k (387%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Chinese Taipei WERE (2021 - 2022):
South Korea-$920k (-20.6%)
United States-$859k (-2.13%)
Vietnam-$784k (-58.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Knit Socks and Hosiery’s highest export potential is N/A. With an export gap of N/A.   Knit Socks and Hosiery’s highest import potential is N/A with an import gap of N/A.

See methodology.

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