2022
Exports
$72.7kWorld Rnk 114 / 203
Flag Rnk 135 / 469
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$2.95MWorld Rnk 117 / 218
Flag Rnk 65 / 544

About

Exports In 2022, North Korea exported $72.7k in Knit Socks and Hosiery, making it the 114th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 135th most exported product in North Korea. The main destination of Knit Socks and Hosiery exports from North Korea are: Barbados ($58.6k), Colombia ($10.6k), Armenia ($1.27k), Nicaragua ($826), and Poland ($530).

The fastest growing export markets for Knit Socks and Hosiery of North Korea between 2021 and 2022 were Barbados ($36.6k), Colombia ($2.39k), and Armenia ($1.27k).

Imports In 2022, North Korea imported $2.95M in Knit Socks and Hosiery, becoming the 117th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 65th most imported product in North Korea. North Korea imports Knit Socks and Hosiery primarily from: China ($2.95M).

The fastest growing import markets in Knit Socks and Hosiery for North Korea between 2021 and 2022 were China ($2.94M).

Latest Trends

Sep 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)$72.7k
IMPORTS (2022)$2.95M
NET TRADE (2022)-$2.88M

In 2022, North Korea exported $72.7k in Knit Socks and Hosiery. The main destinations of North Korea exports on Knit Socks and Hosiery were Barbados ($58.6k), Colombia ($10.6k), Armenia ($1.27k), Nicaragua ($826), and Poland ($530).

In 2022, North Korea imported $2.95M in Knit Socks and Hosiery, mainly from China ($2.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR North Korea WERE (2021 - 2022):
Barbados$36.6k (167%)
Colombia$2.39k (28.9%)
Armenia$1.27k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY North Korea WERE (2021 - 2022):
Brazil-$1.98k (-79.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, North Korea's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
In 2022, North Korea'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/A
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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 N/A with an import gap of N/A.

See methodology.

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