2022
Exports
$1.5kWorld Rnk 161 / 203
Flag Rnk 254 / 413
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$15.9MWorld Rnk 71 / 218
Flag Rnk 176 / 1070
2022
ECONOMIC COMPLEXITY of Libya
-0.84Rnk 104 / 133

About

Exports In 2022, Libya exported $1.5k in Knit Socks and Hosiery, making it the 161st largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 254th most exported product in Libya. The main destination of Knit Socks and Hosiery exports from Libya are: Sweden ($1.48k), Netherlands ($20), and Germany ($1).

The fastest growing export markets for Knit Socks and Hosiery of Libya between 2021 and 2022 were Sweden ($1.48k) and Netherlands ($20).

Imports In 2022, Libya imported $15.9M in Knit Socks and Hosiery, becoming the 71st largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 176th most imported product in Libya. Libya imports Knit Socks and Hosiery primarily from: China ($11.1M), Turkey ($4.4M), South Korea ($97.1k), Pakistan ($51.3k), and Poland ($47.2k).

The fastest growing import markets in Knit Socks and Hosiery for Libya between 2021 and 2022 were China ($3.15M), Turkey ($408k), and South Korea ($97.1k).

Latest Trends

Oct 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)$1.5k
IMPORTS (2022)$15.9M
NET TRADE (2022)-$15.9M

In 2022, Libya exported $1.5k in Knit Socks and Hosiery. The main destinations of Libya exports on Knit Socks and Hosiery were Sweden ($1.48k), Netherlands ($20), and Germany ($1).

In 2022, Libya imported $15.9M in Knit Socks and Hosiery, mainly from China ($11.1M), Turkey ($4.4M), South Korea ($97.1k), Pakistan ($51.3k), and Poland ($47.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Libya WERE (2021 - 2022):
Sweden$1.48k (1%)
Netherlands$20 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Libya WERE (2021 - 2022):
Germany-$1.94k (-99.9%)
Austria-$38 (-100%)
Turkey-$20 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Libya's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
In 2022, Libya'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 POTENTIALSweden+ $1.38k
TOP IMPORT POTENTIALChina+ $2.03M

Knit Socks and Hosiery’s highest export potential is Sweden. With an export gap of $1.38k.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $2.03M.

See methodology.

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