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2022
Exports $35.7kWorld Rnk 122 / 203
Flag Rnk 868 / 1100
2022
Destination $703 Kuwait
2021 - 2022
FASTEST GROWING MARKET $703India
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery-0.71Rnk 761 / 1025
2022
Imports $135MWorld Rnk 24 / 218
Flag Rnk 242 / 1197
2022
Origin $19M China
2021 - 2022
FASTEST GROWING ORIGIN $19MChina
2022
ECONOMIC COMPLEXITY of Saudi Arabia0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $35.7k in Knit Socks and Hosiery, making it the 122nd largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 868th most exported product in Saudi Arabia. The main destination of Knit Socks and Hosiery exports from Saudi Arabia are: Kuwait ($11.5k), Turkey ($9.29k), Oman ($5.03k), United Arab Emirates ($3.15k), and Netherlands ($1.7k).

The fastest growing export markets for Knit Socks and Hosiery of Saudi Arabia between 2021 and 2022 were India ($703), Canada ($596), and Netherlands ($581).

Imports In 2022, Saudi Arabia imported $135M in Knit Socks and Hosiery, becoming the 24th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 242nd most imported product in Saudi Arabia. Saudi Arabia imports Knit Socks and Hosiery primarily from: China ($92.8M), United Arab Emirates ($24.4M), India ($8.13M), Turkey ($3.53M), and Germany ($737k).

The fastest growing import markets in Knit Socks and Hosiery for Saudi Arabia between 2021 and 2022 were China ($19M), United Arab Emirates ($4.25M), and Turkey ($3.41M).

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)$35.7k
IMPORTS (2022)$135M
NET TRADE (2022)-$135M

In 2022, Saudi Arabia exported $35.7k in Knit Socks and Hosiery. The main destinations of Saudi Arabia exports on Knit Socks and Hosiery were Kuwait ($11.5k), Turkey ($9.29k), Oman ($5.03k), United Arab Emirates ($3.15k), and Netherlands ($1.7k).

In 2022, Saudi Arabia imported $135M in Knit Socks and Hosiery, mainly from China ($92.8M), United Arab Emirates ($24.4M), India ($8.13M), Turkey ($3.53M), and Germany ($737k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
India$703 (1%)
Canada$596 (1%)
Netherlands$581 (52%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$248k (-98.7%)
Bahrain-$50.6k (-98.8%)
France-$12.7k (-99.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
Germany $779M
In 2022, Saudi Arabia's main importing competitors in Knit Socks and Hosiery were:
United States $2.93B
Germany $1.51B
Japan $866M

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Trade Value of Knit Socks and Hosiery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALKuwait+ $11.2k
TOP IMPORT POTENTIALChina+ $10.9M

Knit Socks and Hosiery’s highest export potential is Kuwait. With an export gap of $11.2k.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $10.9M.

See methodology.

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