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611591 (Harmonized System 1992 for 6-digit)

2023
World Trade $331MRnk 3248 / 4644
2023
Top Exporter | Top Importer $105M | $47MChina | Germany
2023
Product Complexity -0.15Rnk 2757 / 4656
2022 - 2023
Export Growth (CAGR) -0.85%Rnk 1638 / 4644
2023
Share of World Trade 0.0015%Rnk 3248 / 4644

About

Overview This page contains the latest trade data of Hosiery nes, of wool or fine animal hair, knit. In 2023, Hosiery nes, of wool or fine animal hair, knit were the world's 3248th most traded product, with a total trade of $331M. Between 2022 and 2023 the exports of Hosiery nes, of wool or fine animal hair, knit decreased by -0.85%, from $334M to $331M. 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 2023 the top exporters of Hosiery nes, of wool or fine animal hair, knit  were China ($105M), United States ($29M), Turkey ($26.1M), Italy ($25.4M), and Germany ($25M).

Imports In 2023 the top importers of Hosiery nes, of wool or fine animal hair, knit were Germany ($47M), Russia ($43.9M), United States ($25.1M), Canada ($23.3M), and United Kingdom ($16.1M).

Ranking Hosiery nes, of wool or fine animal hair, knit ranks 2757th in the Product Complexity Index (PCI).

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 (2023)China$105M
Top Destination (2023)Germany$47M

In 2023 Hosiery nes, of wool or fine animal hair, knit were the world's 3248th most traded product (out of 4,644).

In 2023, the top exporters of Hosiery nes, of wool or fine animal hair, knit were China ($105M), United States ($29M), Turkey ($26.1M), Italy ($25.4M), and Germany ($25M).

In 2023, the top importers of Hosiery nes, of wool or fine animal hair, knit were Germany ($47M), Russia ($43.9M), United States ($25.1M), Canada ($23.3M), and United Kingdom ($16.1M).

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Exporters of Hosiery nes, of wool or fine animal hair, knit (2023)
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Importers of Hosiery nes, of wool or fine animal hair, knit (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Portugal$4.41M
Top Destination Growth (2022 -  2023)Russia$4.93M

Between 2022 and 2023, the exports of Hosiery nes, of wool or fine animal hair, knit grew the fastest in Portugal ($4.41M), Serbia ($2.69M), Poland ($1.71M), Slovenia ($1.31M), and Hungary ($789k).

Between 2022 and 2023, the fastest growing importers of Hosiery nes, of wool or fine animal hair, knit were Russia ($4.93M), Germany ($4.41M), Poland ($3.52M), Denmark ($3.26M), and Mexico ($1.87M).

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Exporters of Hosiery nes, of wool or fine animal hair, knit (2022 - 2023)

Importers of Hosiery nes, of wool or fine animal hair, knit (2022 - 2023)

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 2023, market concentration measured using Shannon Entropy, was 4.03. This means that most of the exports of Hosiery nes, of wool or fine animal hair, knit are explained by 16 countries.

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

Net Trade

TOP NET EXPORTER (2023)China$103M
TOP NET IMPORTER (2023)Russia$43.6M

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 2023.

In 2023, 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 ($103M), Turkey ($25.8M), Italy ($21.1M), Portugal ($18.3M), and Serbia ($6.54M).

In 2023, 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 ($43.6M), Canada ($23M), Germany ($21.9M), Norway ($13.5M), and United Kingdom ($13.2M).

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 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 (2023)

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