2022
Exports
$769MWorld Rnk 5 / 203
Flag Rnk 11 / 1124
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$23.9MWorld Rnk 64 / 218
Flag Rnk 331 / 1187
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $769M in Knit Socks and Hosiery, making it the 5th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 11th most exported product in Pakistan. The main destination of Knit Socks and Hosiery exports from Pakistan are: United States ($284M), Germany ($106M), United Kingdom ($71.4M), Netherlands ($68.3M), and Belgium ($66.9M).

The fastest growing export markets for Knit Socks and Hosiery of Pakistan between 2021 and 2022 were United States ($48.1M), Germany ($41.9M), and Belgium ($29.2M).

Imports In 2022, Pakistan imported $23.9M in Knit Socks and Hosiery, becoming the 64th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 331st most imported product in Pakistan. Pakistan imports Knit Socks and Hosiery primarily from: China ($23.4M), United Arab Emirates ($160k), Turkey ($117k), Germany ($98.9k), and Denmark ($30.2k).

The fastest growing import markets in Knit Socks and Hosiery for Pakistan between 2021 and 2022 were China ($14.7M), Singapore ($7.47k), and Poland ($4.72k).

COMPANIES In 2023, leading companies such as Nike (22), Adidas (16), and H&M Clothing (13) were at the forefront of shipping Knit Socks and Hosiery from Pakistan 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)$769M
IMPORTS (2022)$23.9M
NET TRADE (2022)$745M

In 2022, Pakistan exported $769M in Knit Socks and Hosiery. The main destinations of Pakistan exports on Knit Socks and Hosiery were United States ($284M), Germany ($106M), United Kingdom ($71.4M), Netherlands ($68.3M), and Belgium ($66.9M).

In 2022, Pakistan imported $23.9M in Knit Socks and Hosiery, mainly from China ($23.4M), United Arab Emirates ($160k), Turkey ($117k), Germany ($98.9k), and Denmark ($30.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
United States$48.1M (20.4%)
Germany$41.9M (65.5%)
Belgium$29.2M (77.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Pakistan WERE (2021 - 2022):
Austria-$8.64M (-86.7%)
Russia-$7.62M (-80.9%)
Japan-$1.45M (-36.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
In 2022, Pakistan'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 States+ $59.7M
TOP IMPORT POTENTIALChina+ $15.4M

Knit Socks and Hosiery’s highest export potential is United States. With an export gap of $59.7M.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $15.4M.

See methodology.

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