2018
Exports
$356MWorld Rnk 5 / 208
Flag Rnk 490 / 1216
2022
PRODUCT COMPLEXITY IN Knitted Hats
-1.26Rnk 897 / 1025
2018
Imports
$734MWorld Rnk 2 / 220
Flag Rnk 330 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2018, Germany exported $356M in Knitted Hats, making it the 5th largest exporter of Knitted Hats in the world. At the same year, Knitted Hats was the 490th most exported product in Germany. The main destination of Knitted Hats exports from Germany are: Poland ($58M), France ($44.1M), Austria ($42.6M), Italy ($24M), and Netherlands ($23.1M).

The fastest growing export markets for Knitted Hats of Germany between 2021 and 2022 were Poland ($14.2M), Austria ($5.94M), and France ($5.9M).

Imports In 2022, Germany imported $734M in Knitted Hats, becoming the 2nd largest importer of Knitted Hats in the world. At the same year, Knitted Hats was the 330th most imported product in Germany. Germany imports Knitted Hats primarily from: China ($343M), Netherlands ($62.9M), Poland ($50M), Italy ($45.9M), and Bangladesh ($45.2M).

The fastest growing import markets in Knitted Hats for Germany between 2021 and 2022 were China ($78.3M), Belgium ($12.6M), and Bangladesh ($11.9M).

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 Knitted Hats. 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)$356M
IMPORTS (2022)$734M
NET TRADE (2022)-$378M

In 2022, Germany exported $356M in Knitted Hats. The main destinations of Germany exports on Knitted Hats were Poland ($58M), France ($44.1M), Austria ($42.6M), Italy ($24M), and Netherlands ($23.1M).

In 2022, Germany imported $734M in Knitted Hats, mainly from China ($343M), Netherlands ($62.9M), Poland ($50M), Italy ($45.9M), and Bangladesh ($45.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted Hats EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Poland$14.2M (32.5%)
Austria$5.94M (16.2%)
France$5.9M (15.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted Hats BY Germany WERE (2021 - 2022):
Russia-$1.04M (-15.6%)
Macau-$274k (-97.8%)
Bosnia and Herzegovina-$252k (-28.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Knitted Hats were:
In 2022, Germany's main importing competitors in Knitted Hats were:

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Trade Value of Knitted Hats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $12.9M
TOP IMPORT POTENTIALBangladesh+ $18.5M

Knitted Hats’s highest export potential is France. With an export gap of $12.9M.   Knitted Hats’s highest import potential is Bangladesh with an import gap of $18.5M.

See methodology.

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