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2022
Exports $3.68kWorld Rnk 153 / 203
Flag Rnk 453 / 665
2022
Destination $2.37k Maldives
2021 - 2022
FASTEST GROWING MARKET $2.37kMaldives
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery-0.71Rnk 761 / 1025
2022
Imports $11.4MWorld Rnk 84 / 218
Flag Rnk 164 / 1063
2022
Origin $3.04M China
2021 - 2022
FASTEST GROWING ORIGIN $3.04MChina
2022
ECONOMIC COMPLEXITY of Venezuela-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $3.68k in Knit Socks and Hosiery, making it the 153rd largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 453rd most exported product in Venezuela. The main destination of Knit Socks and Hosiery exports from Venezuela are: Maldives ($2.37k), Senegal ($430), Netherlands ($339), Austria ($251), and Belgium ($88).

The fastest growing export markets for Knit Socks and Hosiery of Venezuela between 2021 and 2022 were Maldives ($2.37k), Senegal ($430), and Netherlands ($339).

Imports In 2022, Venezuela imported $11.4M in Knit Socks and Hosiery, becoming the 84th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 164th most imported product in Venezuela. Venezuela imports Knit Socks and Hosiery primarily from: China ($10.2M), Turkey ($436k), Italy ($254k), Colombia ($172k), and Brazil ($100k).

The fastest growing import markets in Knit Socks and Hosiery for Venezuela between 2021 and 2022 were China ($3.04M), Turkey ($366k), and Colombia ($105k).

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)$3.68k
IMPORTS (2022)$11.4M
NET TRADE (2022)-$11.4M

In 2022, Venezuela exported $3.68k in Knit Socks and Hosiery. The main destinations of Venezuela exports on Knit Socks and Hosiery were Maldives ($2.37k), Senegal ($430), Netherlands ($339), Austria ($251), and Belgium ($88).

In 2022, Venezuela imported $11.4M in Knit Socks and Hosiery, mainly from China ($10.2M), Turkey ($436k), Italy ($254k), Colombia ($172k), and Brazil ($100k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
Maldives$2.37k (1%)
Senegal$430 (1%)
Netherlands$339 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Venezuela WERE (2021 - 2022):
United Arab Emirates-$2.56k (-100%)
France-$478 (-100%)
Chile-$169 (-78.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
Germany $779M
In 2022, Venezuela'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
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N/A
N/AN/A
N/AN/A

Knit Socks and Hosiery’s highest export potential is N/A. With an export gap of N/A.   Knit Socks and Hosiery’s highest import potential is N/A with an import gap of N/A.

See methodology.

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