2022
Exports
$1.38BWorld Rnk 2 / 203
Flag Rnk 40 / 1213
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$36MWorld Rnk 56 / 218
Flag Rnk 574 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $1.38B in Knit Socks and Hosiery, making it the 2nd largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 40th most exported product in Turkey. The main destination of Knit Socks and Hosiery exports from Turkey are: Germany ($300M), United Kingdom ($242M), France ($142M), Netherlands ($93.1M), and Spain ($62.2M).

The fastest growing export markets for Knit Socks and Hosiery of Turkey between 2021 and 2022 were Germany ($30.7M), United States ($13.5M), and Netherlands ($5.22M).

Imports In 2022, Turkey imported $36M in Knit Socks and Hosiery, becoming the 56th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 574th most imported product in Turkey. Turkey imports Knit Socks and Hosiery primarily from: China ($13.7M), Italy ($2.86M), Bangladesh ($2.51M), Belgium ($2.06M), and United Kingdom ($1.74M).

The fastest growing import markets in Knit Socks and Hosiery for Turkey between 2021 and 2022 were China ($8.6M), Bangladesh ($1.95M), and Belgium ($1.95M).

COMPANIES In 2023, leading companies such as Danfoss (207), Yokohama Industries (10), and JP Boden Services (10) were at the forefront of shipping Knit Socks and Hosiery from Turkey 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)$1.38B
IMPORTS (2022)$36M
NET TRADE (2022)$1.34B

In 2022, Turkey exported $1.38B in Knit Socks and Hosiery. The main destinations of Turkey exports on Knit Socks and Hosiery were Germany ($300M), United Kingdom ($242M), France ($142M), Netherlands ($93.1M), and Spain ($62.2M).

In 2022, Turkey imported $36M in Knit Socks and Hosiery, mainly from China ($13.7M), Italy ($2.86M), Bangladesh ($2.51M), Belgium ($2.06M), and United Kingdom ($1.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Germany$30.7M (11.4%)
United States$13.5M (33.6%)
Netherlands$5.22M (5.95%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Turkey WERE (2021 - 2022):
United Kingdom-$11.6M (-4.58%)
Switzerland-$9.69M (-40.6%)
Slovakia-$7.8M (-24%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
In 2022, Turkey'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+ $37.9M
TOP IMPORT POTENTIALChina+ $9.28M

Knit Socks and Hosiery’s highest export potential is United States. With an export gap of $37.9M.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $9.28M.

See methodology.

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