2022
Exports
$52.8MWorld Rnk 37 / 203
Flag Rnk 239 / 1204
2022
PRODUCT COMPLEXITY IN Knit Socks and Hosiery
-0.71Rnk 761 / 1025
2022
Imports
$97.6MWorld Rnk 33 / 218
Flag Rnk 266 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $52.8M in Knit Socks and Hosiery, making it the 37th largest exporter of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 239th most exported product in Romania. The main destination of Knit Socks and Hosiery exports from Romania are: France ($42.3M), Hungary ($1.63M), Bulgaria ($1.32M), Germany ($1.17M), and United Kingdom ($866k).

The fastest growing export markets for Knit Socks and Hosiery of Romania between 2021 and 2022 were United Kingdom ($631k), Czechia ($367k), and Hungary ($350k).

Imports In 2022, Romania imported $97.6M in Knit Socks and Hosiery, becoming the 33rd largest importer of Knit Socks and Hosiery in the world. At the same year, Knit Socks and Hosiery was the 266th most imported product in Romania. Romania imports Knit Socks and Hosiery primarily from: Poland ($16.3M), Hungary ($13.9M), France ($10.1M), Turkey ($9.44M), and China ($9.17M).

The fastest growing import markets in Knit Socks and Hosiery for Romania between 2021 and 2022 were Hungary ($4.07M), Poland ($2.62M), and Belgium ($2.43M).

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)$52.8M
IMPORTS (2022)$97.6M
NET TRADE (2022)-$44.8M

In 2022, Romania exported $52.8M in Knit Socks and Hosiery. The main destinations of Romania exports on Knit Socks and Hosiery were France ($42.3M), Hungary ($1.63M), Bulgaria ($1.32M), Germany ($1.17M), and United Kingdom ($866k).

In 2022, Romania imported $97.6M in Knit Socks and Hosiery, mainly from Poland ($16.3M), Hungary ($13.9M), France ($10.1M), Turkey ($9.44M), and China ($9.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Socks and Hosiery EXPORT MARKETS FOR Romania WERE (2021 - 2022):
United Kingdom$631k (269%)
Czechia$367k (74.6%)
Hungary$350k (27.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Socks and Hosiery BY Romania WERE (2021 - 2022):
France-$7.69M (-15.4%)
Italy-$271k (-40.7%)
Netherlands-$241k (-71.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Knit Socks and Hosiery were:
China $7.01B
Turkey $1.38B
In 2022, Romania'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+ $1.6M
TOP IMPORT POTENTIALChina+ $8.95M

Knit Socks and Hosiery’s highest export potential is Germany. With an export gap of $1.6M.   Knit Socks and Hosiery’s highest import potential is China with an import gap of $8.95M.

See methodology.

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