2022
Exports
$1.09MWorld Rnk 84 / 208
Flag Rnk 475 / 1100
2022
PRODUCT COMPLEXITY IN Knitted Hats
-1.26Rnk 897 / 1025
2022
Imports
$42.1MWorld Rnk 33 / 220
Flag Rnk 446 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $1.09M in Knitted Hats, making it the 84th largest exporter of Knitted Hats in the world. At the same year, Knitted Hats was the 475th most exported product in Saudi Arabia. The main destination of Knitted Hats exports from Saudi Arabia are: Kuwait ($816k), United Arab Emirates ($92.7k), Bahrain ($78.3k), Netherlands ($36.4k), and Turkey ($19.4k).

The fastest growing export markets for Knitted Hats of Saudi Arabia between 2021 and 2022 were Kuwait ($97k), Netherlands ($26k), and India ($10.7k).

Imports In 2022, Saudi Arabia imported $42.1M in Knitted Hats, becoming the 33rd largest importer of Knitted Hats in the world. At the same year, Knitted Hats was the 446th most imported product in Saudi Arabia. Saudi Arabia imports Knitted Hats primarily from: China ($21.4M), United Arab Emirates ($11M), Kuwait ($3.05M), United Kingdom ($1.52M), and Turkey ($931k).

The fastest growing import markets in Knitted Hats for Saudi Arabia between 2021 and 2022 were Kuwait ($2.14M), China ($1.4M), and Turkey ($786k).

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 Knitted 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)$1.09M
IMPORTS (2022)$42.1M
NET TRADE (2022)-$41M

In 2022, Saudi Arabia exported $1.09M in Knitted Hats. The main destinations of Saudi Arabia exports on Knitted Hats were Kuwait ($816k), United Arab Emirates ($92.7k), Bahrain ($78.3k), Netherlands ($36.4k), and Turkey ($19.4k).

In 2022, Saudi Arabia imported $42.1M in Knitted Hats, mainly from China ($21.4M), United Arab Emirates ($11M), Kuwait ($3.05M), United Kingdom ($1.52M), and Turkey ($931k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted Hats EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$97k (13.5%)
Netherlands$26k (252%)
India$10.7k (252%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted Hats BY Saudi Arabia WERE (2021 - 2022):
Bahrain-$477k (-85.9%)
United Arab Emirates-$342k (-78.7%)
Jordan-$15.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Knitted Hats were:
In 2022, Saudi Arabia's main importing competitors in Knitted Hats were:

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Trade Value of Knitted Hats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $83.3k
TOP IMPORT POTENTIALChina+ $6.65M

Knitted Hats’s highest export potential is United Arab Emirates. With an export gap of $83.3k.   Knitted Hats’s highest import potential is China with an import gap of $6.65M.

See methodology.

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