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2022
Exports $53.5MWorld Rnk 36 / 203
Flag Rnk 353 / 1208
2022
Destination $5.59M Saudi Arabia
2021 - 2022
FASTEST GROWING MARKET $5.59MQatar
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery-0.71Rnk 761 / 1025
2022
Imports $132MWorld Rnk 27 / 218
Flag Rnk 287 / 1213
2022
Origin $22.7M China
2021 - 2022
FASTEST GROWING ORIGIN $22.7MChina
2022
ECONOMIC COMPLEXITY of United Arab Emirates0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $53.5M in Knit Socks and Hosiery, making it the 36th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 353rd most exported product in United Arab Emirates. The main destination of Knit Socks and Hosiery exports from United Arab Emirates are: Saudi Arabia ($24.4M), Qatar ($10.3M), Kuwait ($6.15M), Oman ($4.1M), and Bahrain ($1.98M).

The fastest growing export markets for Knit Socks and Hosiery of United Arab Emirates between 2021 and 2022 were Qatar ($5.59M), Saudi Arabia ($4.25M), and Kuwait ($2.79M).

Imports In 2022, United Arab Emirates imported $132M in Knit Socks and Hosiery, becoming the 27th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 287th most imported product in United Arab Emirates. United Arab Emirates imports Knit Socks and Hosiery primarily from: China ($80.4M), India ($18.7M), Turkey ($7.25M), Pakistan ($5.55M), and Germany ($2.06M).

The fastest growing import markets in Knit Socks and Hosiery for United Arab Emirates between 2021 and 2022 were China ($22.7M), India ($2.95M), and Pakistan ($2.13M).

Latest Trends

Jul 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)$53.5M
IMPORTS (2022)$132M
NET TRADE (2022)-$78.7M

In 2022, United Arab Emirates exported $53.5M in Knit Socks and Hosiery. The main destinations of United Arab Emirates exports on Knit Socks and Hosiery were Saudi Arabia ($24.4M), Qatar ($10.3M), Kuwait ($6.15M), Oman ($4.1M), and Bahrain ($1.98M).

In 2022, United Arab Emirates imported $132M in Knit Socks and Hosiery, mainly from China ($80.4M), India ($18.7M), Turkey ($7.25M), Pakistan ($5.55M), and Germany ($2.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Qatar$5.59M (120%)
Saudi Arabia$4.25M (21.1%)
Kuwait$2.79M (83%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY United Arab Emirates WERE (2021 - 2022):
Oman-$486k (-10.6%)
Egypt-$272k (-21.7%)
Maldives-$166k (-82.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United Arab Emirates's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
Germany $779M
In 2022, United Arab Emirates'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 POTENTIALChina+ $707k
TOP IMPORT POTENTIALChina+ $4.13M

Knit Socks and Hosiery’s highest export potential is China. With an export gap of $707k.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $4.13M.

See methodology.

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