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2022
Exports $75.5kWorld Rnk 113 / 203
Flag Rnk 455 / 935
2022
Destination $54.8k Chile
2021 - 2022
FASTEST GROWING MARKET $54.8kChile
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery-0.71Rnk 761 / 1025
2022
Imports $2.61MWorld Rnk 121 / 218
Flag Rnk 440 / 1145
2022
Origin $358k China
2021 - 2022
FASTEST GROWING ORIGIN $358kChina
2022
ECONOMIC COMPLEXITY of Senegal-0.5Rnk 85 / 133

About

Exports In 2022, Senegal exported $75.5k in Knit Socks and Hosiery, making it the 113th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 455th most exported product in Senegal. The main destination of Knit Socks and Hosiery exports from Senegal are: Chile ($54.8k), United Kingdom ($13.7k), Benin ($4.44k), Moldova ($1.93k), and Cape Verde ($361).

The fastest growing export markets for Knit Socks and Hosiery of Senegal between 2021 and 2022 were Chile ($54.8k), United Kingdom ($13.7k), and Benin ($4.44k).

Imports In 2022, Senegal imported $2.61M in Knit Socks and Hosiery, becoming the 121st largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 440th most imported product in Senegal. Senegal imports Knit Socks and Hosiery primarily from: China ($2.36M), France ($44k), Bulgaria ($39.2k), Turkey ($35.3k), and Pakistan ($18.6k).

The fastest growing import markets in Knit Socks and Hosiery for Senegal between 2021 and 2022 were China ($358k), Bulgaria ($39.2k), and Austria ($15.2k).

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)$75.5k
IMPORTS (2022)$2.61M
NET TRADE (2022)-$2.54M

In 2022, Senegal exported $75.5k in Knit Socks and Hosiery. The main destinations of Senegal exports on Knit Socks and Hosiery were Chile ($54.8k), United Kingdom ($13.7k), Benin ($4.44k), Moldova ($1.93k), and Cape Verde ($361).

In 2022, Senegal imported $2.61M in Knit Socks and Hosiery, mainly from China ($2.36M), France ($44k), Bulgaria ($39.2k), Turkey ($35.3k), and Pakistan ($18.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Senegal WERE (2021 - 2022):
Chile$54.8k (1%)
United Kingdom$13.7k (1%)
Benin$4.44k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Senegal WERE (2021 - 2022):
Cameroon-$2.06k (-100%)
Gabon-$1.88k (-100%)
Madagascar-$1.78k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Senegal's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
Germany $779M
In 2022, Senegal'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 POTENTIALUnited Kingdom+ $27.8k
TOP IMPORT POTENTIALChina+ $833k

Knit Socks and Hosiery’s highest export potential is United Kingdom. With an export gap of $27.8k.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $833k.

See methodology.

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