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Hosiery; panty hose, tights, stockings, socks and other hosiery, including graduated compression hosiery (for example, stockings for varicose veins) and footwear without applied soles, knitted or crocheted

6115 (Harmonized System 1992 for 4-digit)

2022
World Trade $16.1BRnk 265 / 1218
2022
Top Exporter | Top Importer $7.01B | $2.93BChina | United States
2022
Product Complexity -0.72Rnk 760 / 1033
2021 - 2022
Export Growth (CAGR) 10.3%Rnk 400 / 1218
2022
Share of World Trade 0.068%Rnk 265 / 1218

About

Overview This page contains the latest trade data of Knit Socks and Hosiery. In 2022, Knit Socks and Hosiery were the world's 265th most traded product, with a total trade of $16.1B. Between 2021 and 2022 the exports of Knit Socks and Hosiery grew by 10.3%, from $14.6B to $16.1B. Trade in Knit Socks and Hosiery represent 0.068% of total world trade.

Knit Socks and Hosiery are a part of Knitted clothing accesories. They include Hosiery nes, of cotton, knit, Hosiery nes, synthetic fibres, knit, Panty hose etc, synthetic fibre yarn <67 dtex/sy, kni, Panty hose etc of materials nes, knit, Hosiery nes, of materials nes, knit, Panty hose etc, synthetic fibre yarn >67 dtex/sy, kni, Womens full, kneelength hosiery, yarn <67 dtex/sy,kni, and Hosiery nes, of wool or fine animal hair, knit.

Exports In 2022 the top exporters of Knit Socks and Hosiery  were China ($7.01B), Turkey ($1.38B), Germany ($779M), Italy ($778M), and Pakistan ($769M).

Imports In 2022 the top importers of Knit Socks and Hosiery were United States ($2.93B), Germany ($1.51B), Japan ($866M), United Kingdom ($829M), and France ($782M).

Ranking Knit Socks and Hosiery ranks 760th in the Product Complexity Index (PCI).

Description Pantyhose are a type of hosiery that is used to cover the legs. They can be made from many different materials, including cotton, nylon, polyester, and spandex. Tights are a type of pantyhose that is tighter than regular pantyhose. Stockings are also a type of hosiery that covers the leg. Socks are a type of hosiery that covers the foot. Graduated compression hosiery is used to treat varicose veins in the legs.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Knit Socks and Hosiery. 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$7.01B
Top Destination (2022)United States$2.93B

In 2022 Knit Socks and Hosiery were the world's 265th most traded product (out of 1,218).

In 2022, the top exporters of Knit Socks and Hosiery were China ($7.01B), Turkey ($1.38B), Germany ($779M), Italy ($778M), and Pakistan ($769M).

In 2022, the top importers of Knit Socks and Hosiery were United States ($2.93B), Germany ($1.51B), Japan ($866M), United Kingdom ($829M), and France ($782M).

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Exporters of Knit Socks and Hosiery (2022)
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Importers of Knit Socks and Hosiery (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$831M
Top Destination Growth (2021 -  2022)United Kingdom$111M

Between 2021 and 2022, the exports of Knit Socks and Hosiery grew the fastest in China ($831M), Pakistan ($189M), Belgium ($111M), Italy ($91.9M), and Vietnam ($54.8M).

Between 2021 and 2022, the fastest growing importers of Knit Socks and Hosiery were United Kingdom ($111M), Japan ($89.1M), Netherlands ($87.4M), Germany ($83.5M), and Kyrgyzstan ($75.8M).

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Exporters of Knit Socks and Hosiery (2021 - 2022)

Importers of Knit Socks and Hosiery (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Knit Socks and Hosiery.

In 2022, market concentration measured using Shannon Entropy, was 3.78. This means that most of the exports of Knit Socks and Hosiery are explained by 13 countries.

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Value of Exports in Knit Socks and Hosiery

Net Trade

TOP NET EXPORTER (2022)China$6.94B
TOP NET IMPORTER (2022)United States$2.73B

This map shows which countries export or import more of Knit Socks and Hosiery. Each country is colored based on the difference in exports and imports of Knit Socks and Hosiery during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Knit Socks and Hosiery were China ($6.94B), Turkey ($1.34B), Pakistan ($745M), Italy ($261M), and Vietnam ($194M).

In 2022, the countries that had a largest trade value in imports than in exports of Knit Socks and Hosiery were United States ($2.73B), Japan ($843M), United Kingdom ($765M), Germany ($729M), and Russia ($618M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Knit Socks and Hosiery, disaggragated by their HS6 level were Hosiery nes, of cotton, knit ($6.97B), Hosiery nes, synthetic fibres, knit ($4.94B), Panty hose etc, synthetic fibre yarn... ($1.2B), Hosiery nes, of materials nes, knit ($1.13B), and Panty hose etc of materials nes,... ($737M)

HS6 Disaggregation for Knit Socks and Hosiery (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Knit Socks and Hosiery by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALRussia+ $75.3M
TOP IMPORT POTENTIALPakistan+ $12.8M

Knit Socks and Hosiery’s highest export potential is Russia. With an export gap of $75.3M.  Knit Socks and Hosiery’s highest import potential is Pakistan with an import gap of $12.8M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Knit Socks and Hosiery.

Country by Relatedness

The following visualization shows the relatedness of Knit Socks and Hosiery to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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