Trade anomaly · 2024

Iceland to Switzerland
HS 611596 · Hosiery and footwear: without applied soles, of synthetic fibres, knitted or crocheted (excluding...

Product: Hosiery and footwear: without applied soles, of synthetic fibres, knitted or crocheted (excluding graduated compression hosiery, panty hose, tights, full or knee-length hosiery measuring per single yarn less than 67 decitex)

A reported unusual movement in this exporter-to-importer product history. Use the evidence to investigate what changed; it does not establish the cause or predict future trade.

HS6 611596spike202466%
Anomaly z-score2.6Calculated unusualness indicator
Severity66%Reported anomaly severity
Market imports$27.7MReported buyer-market value
Momentum6,973.4%Annual change, when reportable

What changed

What unusual movement was detected?

The record is marked as a spike for Iceland to Switzerland in Hosiery and footwear: without applied soles, of synthetic fibres, knitted or crocheted (excluding graduated compression hosiery, panty hose, tights, full or knee-length hosiery measuring per single yarn less than 67 decitex). The indicator identifies unusual movement in the reported trade history; it does not explain why it occurred.

Buyer market

$27.7M in reported imports

The buyer-market value for HS 611596 in 2024 shows the size of the destination market.

Unusualness measure

2.6 z-score

This calculated indicator describes how far the observation is from its comparison baseline.

How to use it

Investigate before acting

Compare history, suppliers, demand, access, tariffs, logistics, and current market information before treating the movement as a commercial opportunity.

Historical context

Read the anomaly against the route history

Historical observations help separate a single unusual year from a longer change in the route. Annual change is year-on-year; 3-year CAGR is the annualised change over three years.

Iceland to Switzerland HS 611596 route history
YearExport valueAnnual change3-year CAGR
2017$15.048.7%0%
2018$22.147.3%0%
2019$126.9473.6%132.4%
2020$95.9-24.4%85.5%
2021$202.0110.6%109%
2022$13.0-93.6%-53.2%
2023$3.7-71.9%-66.3%
2024$258.66,973.4%8.6%

Market and route context

What else should be checked?

These values add scale, competition, demand, and access context. They are not a causal diagnosis, named-buyer evidence, or a sales forecast.

Reported and calculated market and route context
MeasureValueType
Buyer-market imports$27.7MReported
Exporter reported exports$258.6Reported
Exporter market share0%Calculated
Buyer-market annual change-1.9%Calculated
Buyer-market CAGR+3.7%Calculated
Share gap to leading peer+30.3 ppCalculated
Reported suppliers90Reported
Supplier concentration (HHI / 10,000)1,630 / 10,000Calculated
Route volatility (CV)1.1Calculated
Maximum drawdown98.2%Calculated
Applied tariff1.4%Reported

Frequently asked questions

How to read this trade page

Short definitions for the reported values and calculated indicators shown above.

What does the spike signal mean?

It identifies an unusual movement in the reported trade history for this route. It does not establish the cause or predict what happens next.

Is this a guaranteed market opportunity?

No. Use the indicator as a research prompt, then validate buyers, specifications, tariffs, standards, logistics, pricing, and competition.

Why can a percentage be unavailable?

Some calculated changes need a valid prior observation or stable denominator. Unavailable values are not treated as zero.

Continue your research

Move from unusual movement to market context.

Review the data details, methodology, and related product and route views before making a commercial decision.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-03). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.