2022
Exports
$262kWorld Rnk 101 / 203
Flag Rnk 193 / 885
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$1.45MWorld Rnk 130 / 218
Flag Rnk 323 / 1126
2022
ECONOMIC COMPLEXITY of Rwanda
-0.53Rnk 89 / 133

About

Exports In 2022, Rwanda exported $262k in Knit Socks and Hosiery, making it the 101st largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 193rd most exported product in Rwanda. The main destination of Knit Socks and Hosiery exports from Rwanda are: Belgium ($258k), Democratic Republic of the Congo ($2.81k), Zambia ($639), Burundi ($405), and Saudi Arabia ($81).

The fastest growing export markets for Knit Socks and Hosiery of Rwanda between 2021 and 2022 were Belgium ($258k), Zambia ($639), and Saudi Arabia ($81).

Imports In 2022, Rwanda imported $1.45M in Knit Socks and Hosiery, becoming the 130th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 323rd most imported product in Rwanda. Rwanda imports Knit Socks and Hosiery primarily from: China ($1.35M), India ($45.5k), Kenya ($9.98k), Democratic Republic of the Congo ($9.43k), and Turkey ($9.1k).

The fastest growing import markets in Knit Socks and Hosiery for Rwanda between 2021 and 2022 were China ($78.1k), India ($10.8k), and Democratic Republic of the Congo ($4.22k).

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)$262k
IMPORTS (2022)$1.45M
NET TRADE (2022)-$1.19M

In 2022, Rwanda exported $262k in Knit Socks and Hosiery. The main destinations of Rwanda exports on Knit Socks and Hosiery were Belgium ($258k), Democratic Republic of the Congo ($2.81k), Zambia ($639), Burundi ($405), and Saudi Arabia ($81).

In 2022, Rwanda imported $1.45M in Knit Socks and Hosiery, mainly from China ($1.35M), India ($45.5k), Kenya ($9.98k), Democratic Republic of the Congo ($9.43k), and Turkey ($9.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Rwanda WERE (2021 - 2022):
Belgium$258k (1%)
Zambia$639 (1%)
Saudi Arabia$81 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Rwanda WERE (2021 - 2022):
Burundi-$894 (-68.8%)
Bermuda-$292 (-100%)
Tanzania-$178 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Rwanda's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
In 2022, Rwanda'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
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TOP EXPORT POTENTIALUnited States+ $891
TOP IMPORT POTENTIALChina+ $369k

Knit Socks and Hosiery’s highest export potential is United States. With an export gap of $891.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $369k.

See methodology.

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