2022
Exports
$779MWorld Rnk 3 / 203
Flag Rnk 338 / 1216
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$1.51BWorld Rnk 2 / 218
Flag Rnk 199 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $779M in Knit Socks and Hosiery, making it the 3rd largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 338th most exported product in Germany. The main destination of Knit Socks and Hosiery exports from Germany are: Netherlands ($110M), Austria ($93.7M), Poland ($77.1M), France ($57.7M), and Switzerland ($50.8M).

The fastest growing export markets for Knit Socks and Hosiery of Germany between 2021 and 2022 were Netherlands ($26.2M), Switzerland ($14.5M), and Slovakia ($4.31M).

Imports In 2022, Germany imported $1.51B in Knit Socks and Hosiery, becoming the 2nd largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 199th most imported product in Germany. Germany imports Knit Socks and Hosiery primarily from: China ($317M), Turkey ($300M), Netherlands ($130M), Pakistan ($106M), and Italy ($89.3M).

The fastest growing import markets in Knit Socks and Hosiery for Germany between 2021 and 2022 were China ($58.4M), Pakistan ($41.9M), and Belgium ($36.7M).

COMPANIES In 2023, leading companies such as Helly Hansen (5), Danfoss (4), and Yokohama Industries (2) were at the forefront of shipping Knit Socks and Hosiery from Germany to the United States.

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)$779M
IMPORTS (2022)$1.51B
NET TRADE (2022)-$729M

In 2022, Germany exported $779M in Knit Socks and Hosiery. The main destinations of Germany exports on Knit Socks and Hosiery were Netherlands ($110M), Austria ($93.7M), Poland ($77.1M), France ($57.7M), and Switzerland ($50.8M).

In 2022, Germany imported $1.51B in Knit Socks and Hosiery, mainly from China ($317M), Turkey ($300M), Netherlands ($130M), Pakistan ($106M), and Italy ($89.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Netherlands$26.2M (31.2%)
Switzerland$14.5M (39.8%)
Slovakia$4.31M (18.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Germany WERE (2021 - 2022):
Austria-$5.29M (-5.34%)
France-$2.03M (-3.4%)
United Kingdom-$1.71M (-4.56%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
In 2022, Germany'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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N/AN/AN/A
TOP IMPORT POTENTIALChina+ $57.9M

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 China with an import gap of $57.9M.

See methodology.

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