HS Icon Hat Forms

6501 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $51.5M, Rnk 1195 / 1217

2019
Top Exporter | Top Importer
: $18.6M | $13.8M, Portugal | United States

2018 - 2019
Export Growth (CAGR)
: -2.91%, Rnk 619 / 1217

2018
Mean Tariff
: 11.7%, Rnk 324 / 1259

 2019
Share of World Trade
: 0.00028%, Rnk 1195 / 1217

Overview:  This page contains the latest trade data of Hat Forms. In 2019, Hat Forms were the world's 1195th most traded product, with a total trade of $51.5M. Between 2018 and 2019 the exports of Hat Forms decreased by -2.91%, from  $53M to $51.5M. Trade in Hat Forms represent 0.00028% of total world trade.

Exports: In 2019 the top exporters of Hat Forms  were Portugal ($18.6M), China ($9.33M), Czechia ($4.63M), Bolivia ($4.13M), and Ecuador ($2.64M).

Imports: In 2019 the top importers of Hat Forms were United States ($13.8M), Italy ($4.78M), India ($4.18M), Australia ($2.17M), and Spain ($2.12M).

Tariffs: In 2018 the average tariff for Hat Forms was 11.7%, making it the 324th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Hat Forms are Iran (45%), Bahamas (40.2%), Bolivia (38.5%), Sudan (35%), and Fiji (31.1%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Exporters and Importers

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Trade By Country

Top Origin (2019): Portugal, $18.6M

Top Destination (2019): United States, $13.8M

Hat Forms are the world's 1195th most traded product.

In 2019, the top exporters of Hat Forms were Portugal ($18.6M), China ($9.33M), Czechia ($4.63M), Bolivia ($4.13M), and Ecuador ($2.64M).

In 2019, the top importers of Hat Forms were United States ($13.8M), Italy ($4.78M), India ($4.18M), Australia ($2.17M), and Spain ($2.12M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $2.14M

Top Destination Growth (2018 - 2019): United States, $4.19M

Between 2018 and 2019, the exports of Hat Forms grew the fastest in China ($2.14M), Portugal ($1.2M), Sri Lanka ($613k), Ecuador ($562k), and Brazil ($280k).

Between 2018 and 2019, the fastest growing importers of Hat Forms were United States ($4.19M), India ($3.42M), Brazil ($544k), Vietnam ($325k), and Israel ($275k).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Hat Forms.

In 2019,  market concentration measured using Shannon Entropy, was 3.36. This means that most of the exports of Hat Forms are explained by 10 countries.

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TOP NET EXPORTER (2019): Portugal, $18.6M

TOP NET IMPORTER (2019): United States, $12.3M

This map shows which countries export or import more of Hat Forms. Each country is colored based on the difference in exports and imports of Hat Forms during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Hat Forms were Portugal ($18.6M), China ($7.73M), Czechia ($4.5M), Bolivia ($4.04M), and Ecuador ($1.59M).

In 2019, the countries that had a largest trade value in imports than in exports of Hat Forms were United States ($12.3M), Italy ($4.1M), India ($3.18M), Australia ($2.09M), and Spain ($1.98M).

Disaggregation

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Value

In 2019, the world most traded Hat Forms, disaggragated by their HS6 level were Hat-forms, etc of felt, not shaped,... ($51.5M)

Import Tariffs

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In 2018, the average tariff for importing Hat Forms was 11.7%.  The countries with the highest tariffs for importing Hat Forms were Iran (45%), Bahamas (40.2%), Bolivia (38.5%), Sudan (35%), and Fiji (31.1%).

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Product Complexity

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Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.