About

Exports In 2022, Sri Lanka exported $6.05M in Hats, making it the 13th largest exporter of Hats in the world. At the same year, Hats was the 186th most exported product in Sri Lanka. The main destination of Hats exports from Sri Lanka are: South Korea ($3.69M), United States ($947k), Japan ($599k), Australia ($235k), and United Kingdom ($183k).

The fastest growing export markets for Hats of Sri Lanka between 2021 and 2022 were South Korea ($754k), Japan ($304k), and United States ($273k).

Imports In 2022, Sri Lanka imported $94.3k in Hats, becoming the 125th largest importer of Hats in the world. At the same year, Hats was the 973rd most imported product in Sri Lanka. Sri Lanka imports Hats primarily from: China ($47.4k), Madagascar ($32.4k), Vietnam ($5.68k), Thailand ($2.82k), and Indonesia ($2.35k).

The fastest growing import markets in Hats for Sri Lanka between 2021 and 2022 were Madagascar ($27.5k), Vietnam ($5.68k), and United Arab Emirates ($830).

Latest Trends

Nov 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$6.05M
IMPORTS (2022)$94.3k
NET TRADE (2022)$5.95M

In 2022, Sri Lanka exported $6.05M in Hats. The main destinations of Sri Lanka exports on Hats were South Korea ($3.69M), United States ($947k), Japan ($599k), Australia ($235k), and United Kingdom ($183k).

In 2022, Sri Lanka imported $94.3k in Hats, mainly from China ($47.4k), Madagascar ($32.4k), Vietnam ($5.68k), Thailand ($2.82k), and Indonesia ($2.35k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hats EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
South Korea$754k (25.7%)
Japan$304k (103%)
United States$273k (40.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hats BY Sri Lanka WERE (2021 - 2022):
United Arab Emirates-$1.09M (-99.3%)
Netherlands-$163k (-73.4%)
Bulgaria-$159k (-97.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Hats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $688k
TOP IMPORT POTENTIALChina+ $62k

Hats’s highest export potential is United States. With an export gap of $688k.   Hats’s highest import potential is China with an import gap of $62k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with