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611591 (Harmonized System 1992 for 6-digit)

2022
World Trade $347MRnk 3272 / 4648
2022
Top Exporter | Top Importer $115M | $40.6MChina | Germany
2022
Product Complexity 0.011Rnk 2514 / 4653
2021 - 2022
Export Growth (CAGR) 17.7%Rnk 935 / 4648
2022
Share of World Trade 0.0015%Rnk 3272 / 4648

About

Overview This page contains the latest trade data of Hosiery nes, of wool or fine animal hair, knit. In 2022, Hosiery nes, of wool or fine animal hair, knit were the world's 3272nd most traded product, with a total trade of $347M. Between 2021 and 2022 the exports of Hosiery nes, of wool or fine animal hair, knit grew by 17.7%, from $295M to $347M. Trade in Hosiery nes, of wool or fine animal hair, knit represent 0.0015% of total world trade.

Hosiery nes, of wool or fine animal hair, knit are a part of Knit Socks and Hosiery.

Exports In 2022 the top exporters of Hosiery nes, of wool or fine animal hair, knit  were China ($115M), United States ($32.9M), Germany ($32.8M), Italy ($22.8M), and Turkey ($19.5M).

Imports In 2022 the top importers of Hosiery nes, of wool or fine animal hair, knit were Germany ($40.6M), Russia ($38.9M), United States ($37.2M), Canada ($25.4M), and Norway ($20.9M).

Ranking Hosiery nes, of wool or fine animal hair, knit ranks 2514th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hosiery nes, of wool or fine animal hair, 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 (2022)China$115M
Top Destination (2022)Germany$40.6M

In 2022 Hosiery nes, of wool or fine animal hair, knit were the world's 3272nd most traded product (out of 4,648).

In 2022, the top exporters of Hosiery nes, of wool or fine animal hair, knit were China ($115M), United States ($32.9M), Germany ($32.8M), Italy ($22.8M), and Turkey ($19.5M).

In 2022, the top importers of Hosiery nes, of wool or fine animal hair, knit were Germany ($40.6M), Russia ($38.9M), United States ($37.2M), Canada ($25.4M), and Norway ($20.9M).

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Exporters of Hosiery nes, of wool or fine animal hair, knit (2022)
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Importers of Hosiery nes, of wool or fine animal hair, knit (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$34M
Top Destination Growth (2021 -  2022)Russia$15.1M

Between 2021 and 2022, the exports of Hosiery nes, of wool or fine animal hair, knit grew the fastest in China ($34M), United States ($3.79M), Portugal ($3.76M), Turkey ($3.6M), and Netherlands ($2.96M).

Between 2021 and 2022, the fastest growing importers of Hosiery nes, of wool or fine animal hair, knit were Russia ($15.1M), United States ($6.93M), Canada ($4.99M), United Kingdom ($3.76M), and Denmark ($3.27M).

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Exporters of Hosiery nes, of wool or fine animal hair, knit (2021 - 2022)

Importers of Hosiery nes, of wool or fine animal hair, knit (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hosiery nes, of wool or fine animal hair, knit.

In 2022, market concentration measured using Shannon Entropy, was 3.95. This means that most of the exports of Hosiery nes, of wool or fine animal hair, knit are explained by 15 countries.

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Value of Exports in Hosiery nes, of wool or fine animal hair, knit

Net Trade

TOP NET EXPORTER (2022)China$113M
TOP NET IMPORTER (2022)Russia$38.7M

This map shows which countries export or import more of Hosiery nes, of wool or fine animal hair, knit. Each country is colored based on the difference in exports and imports of Hosiery nes, of wool or fine animal hair, knit during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hosiery nes, of wool or fine animal hair, knit were China ($113M), Turkey ($19.3M), Italy ($18.6M), Portugal ($13.7M), and Slovakia ($5.69M).

In 2022, the countries that had a largest trade value in imports than in exports of Hosiery nes, of wool or fine animal hair, knit were Russia ($38.7M), Canada ($25M), Norway ($19.8M), United Kingdom ($14.7M), and France ($12.6M).

Net Trade (2022)

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 wool or fine animal hair, knit.
It is possible to select the main countries that export or import Hosiery nes, of wool or fine animal hair, knit in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hosiery nes, of wool or fine animal hair, 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 (2022)

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