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2022
Exports $28.5MWorld Rnk 45 / 203
Flag Rnk 146 / 1142
2022
Destination $6.62M Paraguay
2021 - 2022
FASTEST GROWING MARKET $6.62MParaguay
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery-0.71Rnk 761 / 1025
2022
Imports $197MWorld Rnk 18 / 218
Flag Rnk 93 / 1203
2022
Origin $9.27M China
2021 - 2022
FASTEST GROWING ORIGIN $9.27MChina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $28.5M in Knit Socks and Hosiery, making it the 45th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 146th most exported product in Chile. The main destination of Knit Socks and Hosiery exports from Chile are: Paraguay ($12.6M), Peru ($11.6M), Uruguay ($2.13M), Bolivia ($1.47M), and Chile ($260k).

The fastest growing export markets for Knit Socks and Hosiery of Chile between 2021 and 2022 were Paraguay ($6.62M), Peru ($923k), and Bolivia ($658k).

Imports In 2022, Chile imported $197M in Knit Socks and Hosiery, becoming the 18th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 93rd most imported product in Chile. Chile imports Knit Socks and Hosiery primarily from: China ($165M), Turkey ($3.55M), Argentina ($3.5M), Italy ($3.24M), and Vietnam ($2.9M).

The fastest growing import markets in Knit Socks and Hosiery for Chile between 2021 and 2022 were China ($9.27M), Argentina ($1.78M), and Pakistan ($1.54M).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Knit Socks and Hosiery exports accounted up to $36.9k and imports accounted up to $4.3M, resulting in a negative trade balance of $4.26M. Between June 2023 and June 2024 the exports of Chile's   Knit Socks and Hosiery have increased by $14k (60.9%) from $23k to $36.9k, while imports decreased by $-5.48M (-56%) from $9.78M to $4.3M.

Destinations In June 2024, Knit Socks and Hosiery were exported mostly to Peru ($36.8k) and United States ($119), and were imported mostly from Hong Kong ($1.23M), China ($964k), United States ($377k), Ukraine ($310k), and Chile ($258k).

Growth In June 2024, the increase in Knit Socks and Hosiery's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Knit Socks and Hosiery's year-by-year imports was explained primarily by a decrease in imports from China ($-2.71M or -89%), Hong Kong ($-1.57M or -95.4%), and United States ($-1.25M or -85.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$14k(60.9%)
IMPORT GROWTH (June 2023 - June 2024)$-5.48M(-56%)
MAIN EXPORTER (June 2024)Maipú$110k
MAIN DESTINATION (June 2024)Peru$36.8k

This section shows Knit Socks and Hosiery's exports and imports data at subnational level for Chile. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Knit Socks and Hosiery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.5M
IMPORTS (2022)$197M
NET TRADE (2022)-$169M

In 2022, Chile exported $28.5M in Knit Socks and Hosiery. The main destinations of Chile exports on Knit Socks and Hosiery were Paraguay ($12.6M), Peru ($11.6M), Uruguay ($2.13M), Bolivia ($1.47M), and Chile ($260k).

In 2022, Chile imported $197M in Knit Socks and Hosiery, mainly from China ($165M), Turkey ($3.55M), Argentina ($3.5M), Italy ($3.24M), and Vietnam ($2.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Paraguay$6.62M (110%)
Peru$923k (8.63%)
Bolivia$658k (81.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Chile WERE (2021 - 2022):
Mexico-$50.9k (-89.2%)
Dominican Republic-$50.3k (-23.3%)
Uruguay-$49.2k (-2.26%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
Germany $779M
In 2022, Chile'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
View
TOP EXPORT POTENTIALBrazil+ $317k
TOP IMPORT POTENTIALPakistan+ $2.75M

Knit Socks and Hosiery’s highest export potential is Brazil. With an export gap of $317k.   Knit Socks and Hosiery’s highest import potential is Pakistan with an import gap of $2.75M.

See methodology.

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