2022
Exports
$58.2MWorld Rnk 31 / 203
Flag Rnk 290 / 1214
falsefalse Germany
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$133MWorld Rnk 26 / 218
Flag Rnk 204 / 1214
2022
ECONOMIC COMPLEXITY of Denmark
1.01Rnk 27 / 133

About

Exports In 2022, Denmark exported $58.2M in Knit Socks and Hosiery, making it the 31st largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 290th most exported product in Denmark. The main destination of Knit Socks and Hosiery exports from Denmark are: Germany ($13.4M), Sweden ($8.71M), Norway ($6.38M), Netherlands ($4.97M), and Poland ($3.67M).

Imports In 2022, Denmark imported $133M in Knit Socks and Hosiery, becoming the 26th largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 204th most imported product in Denmark. Denmark imports Knit Socks and Hosiery primarily from: China ($31.4M), Turkey ($19.3M), Germany ($17.6M), Portugal ($13.1M), and Italy ($12.3M).

The fastest growing import markets in Knit Socks and Hosiery for Denmark between 2021 and 2022 were China ($6.15M), Portugal ($2.99M), and Germany ($1.56M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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)$58.2M
IMPORTS (2022)$133M
NET TRADE (2022)-$74.5M

In 2022, Denmark exported $58.2M in Knit Socks and Hosiery. The main destinations of Denmark exports on Knit Socks and Hosiery were Germany ($13.4M), Sweden ($8.71M), Norway ($6.38M), Netherlands ($4.97M), and Poland ($3.67M).

In 2022, Denmark imported $133M in Knit Socks and Hosiery, mainly from China ($31.4M), Turkey ($19.3M), Germany ($17.6M), Portugal ($13.1M), and Italy ($12.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Denmark's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
In 2022, Denmark's main importing competitors in Knit Socks and Hosiery were:

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Trade Value of Knit Socks and Hosiery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $6.38M
TOP IMPORT POTENTIALChina+ $9.17M

Knit Socks and Hosiery’s highest export potential is Germany. With an export gap of $6.38M.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $9.17M.

See methodology.

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