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611599 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.03BRnk 2078 / 4644
2023
Top Exporter | Top Importer $232M | $108MChina | United States
2023
Product Complexity -0.66Rnk 3442 / 4656
2022 - 2023
Export Growth (CAGR) 3.19%Rnk 1208 / 4644
2023
Share of World Trade 0.0045%Rnk 2078 / 4644

About

Overview This page contains the latest trade data of Hosiery nes, of materials nes, knit. In 2023, Hosiery nes, of materials nes, knit were the world's 2078th most traded product, with a total trade of $1.03B. Between 2022 and 2023 the exports of Hosiery nes, of materials nes, knit grew by 3.19%, from $995M to $1.03B. Trade in Hosiery nes, of materials nes, knit represent 0.0045% of total world trade.

Hosiery nes, of materials nes, knit are a part of Knit Socks and Hosiery.

Exports In 2023 the top exporters of Hosiery nes, of materials nes, knit  were China ($232M), Germany ($148M), Italy ($69.3M), Turkey ($58.6M), and United States ($53.3M).

Imports In 2023 the top importers of Hosiery nes, of materials nes, knit were United States ($108M), United Kingdom ($93.2M), Germany ($64.3M), France ($61.8M), and Italy ($53.9M).

Ranking Hosiery nes, of materials nes, knit ranks 3442nd in the Product Complexity Index (PCI).

Description A lot of people use hosiery for warmth, because it is a good insulator. A lot of materials are knit for hosiery: wool, cotton, nylon, and silk.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hosiery nes, of materials nes, knit. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$232M
Top Destination (2023)United States$108M

In 2023 Hosiery nes, of materials nes, knit were the world's 2078th most traded product (out of 4,644).

In 2023, the top exporters of Hosiery nes, of materials nes, knit were China ($232M), Germany ($148M), Italy ($69.3M), Turkey ($58.6M), and United States ($53.3M).

In 2023, the top importers of Hosiery nes, of materials nes, knit were United States ($108M), United Kingdom ($93.2M), Germany ($64.3M), France ($61.8M), and Italy ($53.9M).

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Exporters of Hosiery nes, of materials nes, knit (2023)
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Importers of Hosiery nes, of materials nes, knit (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Bulgaria$19.4M
Top Destination Growth (2022 -  2023)Italy$22.6M

Between 2022 and 2023, the exports of Hosiery nes, of materials nes, knit grew the fastest in Bulgaria ($19.4M), Germany ($10.3M), Burma ($9.94M), Mexico ($7.28M), and Romania ($5.05M).

Between 2022 and 2023, the fastest growing importers of Hosiery nes, of materials nes, knit were Italy ($22.6M), United Kingdom ($8.71M), France ($5.79M), Croatia ($5.37M), and China ($4.54M).

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Exporters of Hosiery nes, of materials nes, knit (2022 - 2023)

Importers of Hosiery nes, of materials nes, knit (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hosiery nes, of materials nes, knit.

In 2023, market concentration measured using Shannon Entropy, was 4.47. This means that most of the exports of Hosiery nes, of materials nes, knit are explained by 22 countries.

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Value of Exports in Hosiery nes, of materials nes, knit

Net Trade

TOP NET EXPORTER (2023)China$220M
TOP NET IMPORTER (2023)United Kingdom$87.6M

This map shows which countries export or import more of Hosiery nes, of materials nes, knit. Each country is colored based on the difference in exports and imports of Hosiery nes, of materials nes, knit during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Hosiery nes, of materials nes, knit were China ($220M), Germany ($83.9M), Turkey ($56.5M), Mexico ($34M), and Costa Rica ($29.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Hosiery nes, of materials nes, knit were United Kingdom ($87.6M), United States ($55M), France ($51.6M), Russia ($30.8M), and Canada ($30.3M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Hosiery nes, of materials nes, knit.
It is possible to select the main countries that export or import Hosiery nes, of materials nes, knit in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hosiery nes, of materials nes, knit by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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