2022
Exports
$443MWorld Rnk 7 / 218
Flag Rnk 84 / 96
2022
PRODUCT COMPLEXITY IN Headgear
0.5Rnk 367 / 1025
2022
Imports
$3.77BWorld Rnk 1 / 225
Flag Rnk 65 / 96
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $443M in Headgear, making it the 7th largest exporter of Headgear in the world. At the same year, Headgear was the 84th most exported product in United States. The main destination of Headgear exports from United States are: Canada ($144M), Mexico ($51.2M), Ukraine ($25.9M), Netherlands ($25.4M), and United Kingdom ($23.5M).

The fastest growing export markets for Headgear of United States between 2021 and 2022 were Canada ($44.4M), Ukraine ($25.5M), and Poland ($15.7M).

Imports In 2022, United States imported $3.77B in Headgear, becoming the 1st largest importer of Headgear in the world. At the same year, Headgear was the 65th most imported product in United States. United States imports Headgear primarily from: China ($1.76B), Bangladesh ($501M), Vietnam ($498M), Mexico ($218M), and Chinese Taipei ($117M).

The fastest growing import markets in Headgear for United States between 2021 and 2022 were China ($307M), Bangladesh ($191M), and Vietnam ($176M).

COMPANIES In 2023, leading companies such as Gap (135), Old Navy (115), and Callaway Golf (74) were at the forefront of shipping Headgear to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$14M(37.6%)
IMPORT GROWTH (June 2023 - June 2024)$-33.7M(-12.9%)
MAIN EXPORTER (June 2024)Illinois$11.2M
MAIN DESTINATION (June 2024)Canada$14.1M

This section shows Headgear'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 Headgear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$443M
IMPORTS (2022)$3.77B
NET TRADE (2022)-$3.33B

In 2022, United States exported $443M in Headgear. The main destinations of United States exports on Headgear were Canada ($144M), Mexico ($51.2M), Ukraine ($25.9M), Netherlands ($25.4M), and United Kingdom ($23.5M).

In 2022, United States imported $3.77B in Headgear, mainly from China ($1.76B), Bangladesh ($501M), Vietnam ($498M), Mexico ($218M), and Chinese Taipei ($117M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Headgear EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$44.4M (44.6%)
Ukraine$25.5M (7.02k%)
Poland$15.7M (1.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Headgear BY United States WERE (2021 - 2022):
Sweden-$4.57M (-66.1%)
Austria-$3.83M (-85.6%)
Mexico-$1.39M (-2.65%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Headgear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.64M
TOP IMPORT POTENTIALCanada+ $32.3M

Headgear’s highest export potential is Germany. With an export gap of $7.64M.   Headgear’s highest import potential is Canada with an import gap of $32.3M.

See methodology.

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