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Exports In 2022, Saudi Arabia exported $24k in Hats, making it the 89th largest exporter of Hats in the world. At the same year, Hats was the 907th most exported product in Saudi Arabia. The main destination of Hats exports from Saudi Arabia are: Italy ($9.14k), Kuwait ($4.24k), United Kingdom ($2.63k), Germany ($2.07k), and Netherlands ($1.89k).

The fastest growing export markets for Hats of Saudi Arabia between 2021 and 2022 were Italy ($8.73k), Kuwait ($4.24k), and United Kingdom ($2.63k).

Imports In 2022, Saudi Arabia imported $2.12M in Hats, becoming the 36th largest importer of Hats in the world. At the same year, Hats was the 921st most imported product in Saudi Arabia. Saudi Arabia imports Hats primarily from: United Arab Emirates ($1.1M), China ($776k), Spain ($49.1k), United States ($34.7k), and United Kingdom ($32.9k).

The fastest growing import markets in Hats for Saudi Arabia between 2021 and 2022 were United Kingdom ($23.7k), Thailand ($22.5k), and Italy ($18.1k).

Latest Trends

Sep 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)$24k
IMPORTS (2022)$2.12M
NET TRADE (2022)-$2.1M

In 2022, Saudi Arabia exported $24k in Hats. The main destinations of Saudi Arabia exports on Hats were Italy ($9.14k), Kuwait ($4.24k), United Kingdom ($2.63k), Germany ($2.07k), and Netherlands ($1.89k).

In 2022, Saudi Arabia imported $2.12M in Hats, mainly from United Arab Emirates ($1.1M), China ($776k), Spain ($49.1k), United States ($34.7k), and United Kingdom ($32.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hats EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Italy$8.73k (2.13k%)
Kuwait$4.24k (1%)
United Kingdom$2.63k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hats BY Saudi Arabia WERE (2021 - 2022):
France-$23.7k (-99.8%)
China-$14.6k (-100%)
United Arab Emirates-$12.2k (-96.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Hats were:
China $298M
Italy $24.4M
In 2022, Saudi Arabia'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 POTENTIALItaly+ $3.5k
TOP IMPORT POTENTIALChina+ $367k

Hats’s highest export potential is Italy. With an export gap of $3.5k.   Hats’s highest import potential is China with an import gap of $367k.

See methodology.

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