2022
Exports
$10.4MWorld Rnk 62 / 203
Flag Rnk 380 / 1206
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$85.1MWorld Rnk 39 / 218
Flag Rnk 214 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $10.4M in Knit Socks and Hosiery, making it the 62nd largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 380th most exported product in Ireland. The main destination of Knit Socks and Hosiery exports from Ireland are: United Kingdom ($6.08M), France ($1.06M), Israel ($869k), Spain ($681k), and Italy ($429k).

The fastest growing export markets for Knit Socks and Hosiery of Ireland between 2021 and 2022 were France ($669k), Italy ($276k), and Germany ($132k).

Imports In 2022, Ireland imported $85.1M in Knit Socks and Hosiery, becoming the 39th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 214th most imported product in Ireland. Ireland imports Knit Socks and Hosiery primarily from: China ($23M), United Kingdom ($13.8M), Turkey ($8.33M), Italy ($8.09M), and Netherlands ($7.26M).

The fastest growing import markets in Knit Socks and Hosiery for Ireland between 2021 and 2022 were Italy ($3.73M), China ($3.38M), and Pakistan ($3.13M).

COMPANIES In 2023, leading companies such as JBS Foods (1) were at the forefront of shipping Knit Socks and Hosiery from Ireland 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)$10.4M
IMPORTS (2022)$85.1M
NET TRADE (2022)-$74.7M

In 2022, Ireland exported $10.4M in Knit Socks and Hosiery. The main destinations of Ireland exports on Knit Socks and Hosiery were United Kingdom ($6.08M), France ($1.06M), Israel ($869k), Spain ($681k), and Italy ($429k).

In 2022, Ireland imported $85.1M in Knit Socks and Hosiery, mainly from China ($23M), United Kingdom ($13.8M), Turkey ($8.33M), Italy ($8.09M), and Netherlands ($7.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
France$669k (171%)
Italy$276k (181%)
Germany$132k (174%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Ireland WERE (2021 - 2022):
Spain-$869k (-56.1%)
United Kingdom-$781k (-11.4%)
Portugal-$61.5k (-45.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ireland's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
In 2022, Ireland'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 Kingdom+ $1.52M
TOP IMPORT POTENTIALChina+ $7.01M

Knit Socks and Hosiery’s highest export potential is United Kingdom. With an export gap of $1.52M.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $7.01M.

See methodology.

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