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Exports In 2022, Indonesia exported $3.23M in Hats, making it the 18th largest exporter of Hats in the world. At the same year, Hats was the 719th most exported product in Indonesia. The main destination of Hats exports from Indonesia are: Malaysia ($1.38M), Singapore ($722k), Japan ($206k), Australia ($164k), and South Korea ($132k).

The fastest growing export markets for Hats of Indonesia between 2021 and 2022 were Malaysia ($590k), Singapore ($403k), and South Korea ($116k).

Imports In 2022, Indonesia imported $798k in Hats, becoming the 56th largest importer of Hats in the world. At the same year, Hats was the 1079th most imported product in Indonesia. Indonesia imports Hats primarily from: China ($523k), Singapore ($69.8k), Thailand ($67.1k), Spain ($28.8k), and Australia ($25.2k).

The fastest growing import markets in Hats for Indonesia between 2021 and 2022 were China ($381k), Australia ($24k), and Thailand ($22.8k).

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 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)$3.23M
IMPORTS (2022)$798k
NET TRADE (2022)$2.43M

In 2022, Indonesia exported $3.23M in Hats. The main destinations of Indonesia exports on Hats were Malaysia ($1.38M), Singapore ($722k), Japan ($206k), Australia ($164k), and South Korea ($132k).

In 2022, Indonesia imported $798k in Hats, mainly from China ($523k), Singapore ($69.8k), Thailand ($67.1k), Spain ($28.8k), and Australia ($25.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hats EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Malaysia$590k (74.9%)
Singapore$403k (127%)
South Korea$116k (705%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hats BY Indonesia WERE (2021 - 2022):
Philippines-$608k (-87.7%)
Italy-$110k (-93.7%)
Germany-$70.3k (-76.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Hats were:
China $298M
Italy $24.4M
In 2022, Indonesia's main importing competitors in Hats were:

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Trade Value of Hats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $206k
TOP IMPORT POTENTIALChina+ $281k

Hats’s highest export potential is United States. With an export gap of $206k.   Hats’s highest import potential is China with an import gap of $281k.

See methodology.

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