2022
Exports
$65.3MWorld Rnk 17 / 208
Flag Rnk 447 / 1213
2022
PRODUCT COMPLEXITY IN Knitted Hats
-1.26Rnk 897 / 1025
2022
Imports
$32.7MWorld Rnk 40 / 220
Flag Rnk 594 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $65.3M in Knitted Hats, making it the 17th largest exporter of Knitted Hats in the world. At the same year, Knitted Hats was the 447th most exported product in Turkey. The main destination of Knitted Hats exports from Turkey are: Netherlands ($8.05M), Germany ($6.93M), France ($3.83M), Ukraine ($3.73M), and Russia ($2.88M).

The fastest growing export markets for Knitted Hats of Turkey between 2021 and 2022 were Ukraine ($1.85M), France ($1.42M), and Russia ($1.28M).

Imports In 2022, Turkey imported $32.7M in Knitted Hats, becoming the 40th largest importer of Knitted Hats in the world. At the same year, Knitted Hats was the 594th most imported product in Turkey. Turkey imports Knitted Hats primarily from: China ($20.3M), Netherlands ($3.39M), Italy ($2.4M), Spain ($1.26M), and France ($838k).

The fastest growing import markets in Knitted Hats for Turkey between 2021 and 2022 were China ($8.52M), Netherlands ($2.38M), and Italy ($1.07M).

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)$65.3M
IMPORTS (2022)$32.7M
NET TRADE (2022)$32.6M

In 2022, Turkey exported $65.3M in Knitted Hats. The main destinations of Turkey exports on Knitted Hats were Netherlands ($8.05M), Germany ($6.93M), France ($3.83M), Ukraine ($3.73M), and Russia ($2.88M).

In 2022, Turkey imported $32.7M in Knitted Hats, mainly from China ($20.3M), Netherlands ($3.39M), Italy ($2.4M), Spain ($1.26M), and France ($838k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted Hats EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Ukraine$1.85M (99%)
France$1.42M (58.8%)
Russia$1.28M (80%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted Hats BY Turkey WERE (2021 - 2022):
Poland-$478k (-36.6%)
Italy-$446k (-31.2%)
Serbia-$263k (-20.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knitted Hats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $3.66M
TOP IMPORT POTENTIALChina+ $6.21M

Knitted Hats’s highest export potential is United States. With an export gap of $3.66M.   Knitted Hats’s highest import potential is China with an import gap of $6.21M.

See methodology.

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