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2022
Exports $7.5BWorld Rnk 1 / 218
Flag Rnk 48 / 96
2022
Destination $307M United States
2021 - 2022
FASTEST GROWING MARKET $307MUnited States
2022
PRODUCT COMPLEXITY IN Headgear0.5Rnk 367 / 1025
2022
Imports $196MWorld Rnk 19 / 225
Flag Rnk 87 / 96
2022
Origin $4.58M Japan
2021 - 2022
FASTEST GROWING ORIGIN $4.58MFrance
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $7.5B in Headgear, making it the 1st largest exporter of Headgear in the world. At the same year, Headgear was the 48th most exported product in China. The main destination of Headgear exports from China are: United States ($1.76B), Germany ($574M), Japan ($334M), United Kingdom ($310M), and Canada ($264M).

The fastest growing export markets for Headgear of China between 2021 and 2022 were United States ($307M), Germany ($125M), and Netherlands ($83.9M).

Imports In 2022, China imported $196M in Headgear, becoming the 19th largest importer of Headgear in the world. At the same year, Headgear was the 87th most imported product in China. China imports Headgear primarily from: Japan ($44M), Italy ($26.7M), South Korea ($26.1M), China ($18.8M), and France ($18.4M).

The fastest growing import markets in Headgear for China between 2021 and 2022 were France ($4.58M), Japan ($3.25M), and United Kingdom ($1.27M).

COMPANIES In 2023, leading companies such as Amazon (51), Gap (38), and CrimsonLogic (35) were at the forefront of shipping Headgear from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Headgear exports accounted up to $564M and imports accounted up to $24.4M, resulting in a positive trade balance of $540M. Between July 2023 and July 2024 the exports of China's   Headgear have increased by $2.54M (0.45%) from $562M to $564M, while imports increased by $3.15M (14.8%) from $21.3M to $24.4M.

Destinations In July 2024, Headgear were exported mostly to United States ($141M), Germany ($28M), Japan ($26.3M), Mexico ($24.3M), and United Kingdom ($22.8M), and were imported mostly from Italy ($6.7M), Vietnam ($5.78M), Japan ($2.54M), China ($1.6M), and Chinese Taipei ($1.09M).

Growth In July 2024, the increase in Headgear's year-by-year exports was explained primarily by an increase in exports to Russia ($7.27M or 52.5%), Turkey ($5.56M or 185%), and Greece ($5.4M or 165%). In July 2024, the increase in Headgear's year-by-year imports was explained primarily by an increase in imports from Bangladesh ($391k or 126%), France ($319k or 64.5%), and Cambodia ($132k or 94.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$2.54M(0.45%)
IMPORT GROWTH (July 2023 - July 2024)$3.15M(14.8%)
MAIN EXPORTER (July 2024)Zhejiang Province$178M
MAIN DESTINATION (July 2024)United States$141M

This section shows Headgear's exports and imports data at subnational level for China. 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 Headgear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.5B
IMPORTS (2022)$196M
NET TRADE (2022)$7.31B

In 2022, China exported $7.5B in Headgear. The main destinations of China exports on Headgear were United States ($1.76B), Germany ($574M), Japan ($334M), United Kingdom ($310M), and Canada ($264M).

In 2022, China imported $196M in Headgear, mainly from Japan ($44M), Italy ($26.7M), South Korea ($26.1M), China ($18.8M), and France ($18.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Headgear EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$307M (21.1%)
Germany$125M (28%)
Netherlands$83.9M (46.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Headgear BY China WERE (2021 - 2022):
Kazakhstan-$7.78M (-25.1%)
Austria-$7.26M (-16.3%)
China-$5.77M (-23.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Headgear were:
Vietnam $879M
Italy $746M
In 2022, China's main importing competitors in Headgear were:
United States $3.77B
Germany $1.32B
France $817M

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Trade Value of Headgear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $58.2M
TOP IMPORT POTENTIALVietnam+ $19.3M

Headgear’s highest export potential is Russia. With an export gap of $58.2M.   Headgear’s highest import potential is Vietnam with an import gap of $19.3M.

See methodology.

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