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2022
Exports $14.8MWorld Rnk 54 / 203
Flag Rnk 189 / 1142
2022
Destination $600k United States
2021 - 2022
FASTEST GROWING MARKET $600kCanada
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery-0.71Rnk 761 / 1025
2022
Imports $30.8MWorld Rnk 58 / 218
Flag Rnk 340 / 1183
2022
Origin $618k China
2021 - 2022
FASTEST GROWING ORIGIN $618kIndia
2022
ECONOMIC COMPLEXITY of Colombia0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $14.8M in Knit Socks and Hosiery, making it the 54th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 189th most exported product in Colombia. The main destination of Knit Socks and Hosiery exports from Colombia are: United States ($7.1M), Canada ($2.65M), Ecuador ($827k), Costa Rica ($656k), and China ($597k).

The fastest growing export markets for Knit Socks and Hosiery of Colombia between 2021 and 2022 were Canada ($600k), China ($475k), and United States ($329k).

Imports In 2022, Colombia imported $30.8M in Knit Socks and Hosiery, becoming the 58th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 340th most imported product in Colombia. Colombia imports Knit Socks and Hosiery primarily from: China ($21.9M), Turkey ($2.27M), India ($1.05M), Indonesia ($1.05M), and Ecuador ($970k).

The fastest growing import markets in Knit Socks and Hosiery for Colombia between 2021 and 2022 were India ($618k), Turkey ($348k), and United States ($267k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Knit Socks and Hosiery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.8M
IMPORTS (2022)$30.8M
NET TRADE (2022)-$15.9M

In 2022, Colombia exported $14.8M in Knit Socks and Hosiery. The main destinations of Colombia exports on Knit Socks and Hosiery were United States ($7.1M), Canada ($2.65M), Ecuador ($827k), Costa Rica ($656k), and China ($597k).

In 2022, Colombia imported $30.8M in Knit Socks and Hosiery, mainly from China ($21.9M), Turkey ($2.27M), India ($1.05M), Indonesia ($1.05M), and Ecuador ($970k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Canada$600k (29.3%)
China$475k (388%)
United States$329k (4.86%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Colombia WERE (2021 - 2022):
United Arab Emirates-$136k (-97.8%)
Mexico-$120k (-23%)
France-$104k (-72.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
Germany $779M
In 2022, Colombia'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
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TOP EXPORT POTENTIALUnited States+ $4.2M
TOP IMPORT POTENTIALChina+ $4.23M

Knit Socks and Hosiery’s highest export potential is United States. With an export gap of $4.2M.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $4.23M.

See methodology.

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