2022
Exports
$200MWorld Rnk 13 / 203
Flag Rnk 589 / 1217
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$2.93BWorld Rnk 1 / 218
Flag Rnk 191 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $200M in Knit Socks and Hosiery, making it the 13th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 589th most exported product in United States. The main destination of Knit Socks and Hosiery exports from United States are: Canada ($64.6M), Mexico ($29.1M), El Salvador ($16.6M), Netherlands ($14M), and Japan ($9.58M).

The fastest growing export markets for Knit Socks and Hosiery of United States between 2021 and 2022 were Mexico ($8.37M), Canada ($7.79M), and El Salvador ($6.61M).

Imports In 2022, United States imported $2.93B in Knit Socks and Hosiery, becoming the 1st largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 191st most imported product in United States. United States imports Knit Socks and Hosiery primarily from: China ($1.68B), Pakistan ($284M), El Salvador ($166M), Mexico ($132M), and Honduras ($130M).

The fastest growing import markets in Knit Socks and Hosiery for United States between 2021 and 2022 were Pakistan ($48.1M), Honduras ($43.5M), and Mexico ($23.3M).

COMPANIES In 2023, leading companies such as CrimsonLogic (715), Old Navy (632), and Gap (263) were at the forefront of shipping Knit Socks and Hosiery to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-1.79M(-11.2%)
IMPORT GROWTH (September 2023 - September 2024)$11.3M(4.45%)
MAIN EXPORTER (September 2024)North Carolina$5.3M
MAIN DESTINATION (September 2024)Canada$6.77M

This section shows Knit Socks and Hosiery's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Knit Socks and Hosiery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$200M
IMPORTS (2022)$2.93B
NET TRADE (2022)-$2.73B

In 2022, United States exported $200M in Knit Socks and Hosiery. The main destinations of United States exports on Knit Socks and Hosiery were Canada ($64.6M), Mexico ($29.1M), El Salvador ($16.6M), Netherlands ($14M), and Japan ($9.58M).

In 2022, United States imported $2.93B in Knit Socks and Hosiery, mainly from China ($1.68B), Pakistan ($284M), El Salvador ($166M), Mexico ($132M), and Honduras ($130M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$8.37M (40.4%)
Canada$7.79M (13.7%)
El Salvador$6.61M (66.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY United States WERE (2021 - 2022):
Australia-$1.99M (-28.1%)
Sweden-$947k (-25.2%)
Austria-$356k (-70.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
In 2022, United States's main importing competitors in Knit Socks and Hosiery were:
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 POTENTIALGermany+ $5.37M
TOP IMPORT POTENTIALPakistan+ $59.7M

Knit Socks and Hosiery’s highest export potential is Germany. With an export gap of $5.37M.   Knit Socks and Hosiery’s highest import potential is Pakistan with an import gap of $59.7M.

See methodology.

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