2023
Exports
$68.5MWorld Rnk 26 / 207
Flag Rnk 320 / 1189
2023
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.83Rnk 790 / 1025
2023
Imports
$37MWorld Rnk 54 / 218
Flag Rnk 523 / 1203
2023
ECONOMIC COMPLEXITY of Chinese Taipei
2Rnk 2 / 132

About

Exports In 2023, Chinese Taipei exported $68.5M in Knit Socks and Hosiery, making it the 26th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 320th most exported product in Chinese Taipei. The main destination of Knit Socks and Hosiery exports from Chinese Taipei are: United States ($35.7M), Australia ($3.74M), Japan ($2.82M), Canada ($2.45M), and South Korea ($2.39M).

The fastest growing export markets for Knit Socks and Hosiery of Chinese Taipei between 2022 and 2023 were Philippines ($834k), Russia ($379k), and Malaysia ($368k).

Imports In 2023, Chinese Taipei imported $37M in Knit Socks and Hosiery, becoming the 54th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 523rd most imported product in Chinese Taipei. Chinese Taipei imports Knit Socks and Hosiery primarily from: Vietnam ($8.69M), Thailand ($4.88M), Turkey ($4.81M), China ($4.61M), and Cambodia ($2.02M).

The fastest growing import markets in Knit Socks and Hosiery for Chinese Taipei between 2022 and 2023 were Vietnam ($2.01M), Turkey ($1.58M), and Thailand ($796k).

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)$68.5M
IMPORTS (2023)$37M
NET TRADE (2023)$31.5M

In 2023, Chinese Taipei exported $68.5M in Knit Socks and Hosiery. The main destinations of Chinese Taipei exports on Knit Socks and Hosiery were United States ($35.7M), Australia ($3.74M), Japan ($2.82M), Canada ($2.45M), and South Korea ($2.39M).

In 2023, Chinese Taipei imported $37M in Knit Socks and Hosiery, mainly from Vietnam ($8.69M), Thailand ($4.88M), Turkey ($4.81M), China ($4.61M), and Cambodia ($2.02M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Chinese Taipei WERE (2022 - 2023):
Philippines$834k (94.6%)
Russia$379k (69.5%)
Malaysia$368k (39.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Chinese Taipei WERE (2022 - 2023):
United States-$6.45M (-15.3%)
Australia-$1.47M (-28.3%)
South Korea-$1.41M (-37%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Chinese Taipei's main exporting competitors in Knit Socks and Hosiery were:
China $6.16B
Turkey $1.43B
Italy $810M
In 2023, 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.

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