2022
Exports | Imports
$128M | $2.59BWorld Rnk 10 / 208
Flag Rnk 691 / 1217
World Rnk 1 / 220
Flag Rnk 204 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Knitted Hats
-1.26Rnk 897 / 1025

About

Exports In 2022, United States exported $128M in Knitted Hats, making it the 10th largest exporter of Knitted Hats in the world. At the same year, Knitted Hats was the 691st most exported product in United States. The main destination of Knitted Hats exports from United States are: Canada ($57.3M), Mexico ($19.2M), Japan ($5M), Netherlands ($4.67M), and Australia ($4.6M).

The fastest growing export markets for Knitted Hats of United States between 2021 and 2022 were Canada ($17M), Netherlands ($2.23M), and Australia ($2.15M).

Imports In 2022, United States imported $2.59B in Knitted Hats, becoming the 1st largest importer of Knitted Hats in the world. At the same year, Knitted Hats was the 204th most imported product in United States. United States imports Knitted Hats primarily from: China ($1.12B), Bangladesh ($497M), Vietnam ($428M), Mexico ($122M), and Burma ($47.2M).

The fastest growing import markets in Knitted Hats for United States between 2021 and 2022 were China ($231M), Bangladesh ($190M), and Vietnam ($162M).

COMPANIES In 2023, leading companies such as ADIDAS INTERNATIONAL TRADING AG (7.02k), OLD NAVY (CANADA) INC (1.25k), and H&M HENNES & MAURITZ L.P (1.23k) were at the forefront of shipping Knitted Hats to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$5.85M(50.4%)
IMPORT GROWTH (January 2023 - January 2024)$-64.1M(-27.7%)
MAIN EXPORTER (January 2024)Illinois$6.32M
MAIN DESTINATION (January 2024)Mexico$7.3M

This section shows Knitted Hats's exports and imports data at subnational level for United States. 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 Knitted Hats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$128M
IMPORTS (2022)$2.59B
NET TRADE (2022)-$2.47B

In 2022, United States exported $128M in Knitted Hats. The main destinations of United States exports on Knitted Hats were Canada ($57.3M), Mexico ($19.2M), Japan ($5M), Netherlands ($4.67M), and Australia ($4.6M).

In 2022, United States imported $2.59B in Knitted Hats, mainly from China ($1.12B), Bangladesh ($497M), Vietnam ($428M), Mexico ($122M), and Burma ($47.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted Hats EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$17M (42.2%)
Netherlands$2.23M (91.4%)
Australia$2.15M (87.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted Hats BY United States WERE (2021 - 2022):
Guatemala-$328k (-33.8%)
Russia-$136k (-62.1%)
Malaysia-$122k (-59.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Knitted Hats by Exporters

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