HS Icon Hat Shapes

6502 (Harmonized System 1992 for 4-digit)

World Trade (2019): $30.5M, Rnk 1203 / 1217

Top Exporter (2019): $17.6M, China

Top Importer (2019): $6.61M, United States

Export Growth (CAGR)(2018 - 2019): 30.4%, Rnk 15 / 1217

Mean Tariff (2018): 12%, Rnk 311 / 1259

Share of World Trade (2019): 0.00017%, Rnk 1203 / 1217

Overview:  This page contains the latest trade data of Hat Shapes. In 2019, Hat Shapes were the world's 1203rd most traded product, with a total trade of $30.5M. Between 2018 and 2019 the exports of Hat Shapes grew by 30.4%, from  $23.4M to $30.5M. Trade in Hat Shapes represent 0.00017% of total world trade.

Exports: In 2019 the top exporters of Hat Shapes  were China ($17.6M), Ecuador ($6M), Portugal ($1.36M), India ($1.11M), and Philippines ($489k).

Imports: In 2019 the top importers of Hat Shapes were United States ($6.61M), Italy ($4.76M), Vietnam ($4.13M), Mexico ($3.99M), and United Kingdom ($1.16M).

Tariffs: In 2018 the average tariff for Hat Shapes was 12%, making it the 311th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Hat Shapes are Iran (45%), Bahamas (41.8%), Sudan (35%), Fiji (31.1%), and Egypt (30.2%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Turkey (0%), and Switzerland (0%).

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $17.6M

Top Destination (2019): United States, $6.61M

Hat Shapes are the world's 1203rd most traded product.

In 2019, the top exporters of Hat Shapes were China ($17.6M), Ecuador ($6M), Portugal ($1.36M), India ($1.11M), and Philippines ($489k).

In 2019, the top importers of Hat Shapes were United States ($6.61M), Italy ($4.76M), Vietnam ($4.13M), Mexico ($3.99M), and United Kingdom ($1.16M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $5.53M

Top Destination Growth (2018 - 2019): Vietnam, $3.96M

Between 2018 and 2019, the exports of Hat Shapes grew the fastest in China ($5.53M), Portugal ($1.14M), Ecuador ($569k), India ($460k), and Belgium ($186k).

Between 2018 and 2019, the fastest growing importers of Hat Shapes were Vietnam ($3.96M), Bolivia ($882k), United States ($732k), Italy ($726k), and Mexico ($504k).

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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 Shapes.

In 2019,  market concentration measured using Shannon Entropy, was 2.34. This means that most of the exports of Hat Shapes are explained by 5 countries.

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TOP NET EXPORTER (2019): China, $17.4M

TOP NET IMPORTER (2019): United States, $6.26M

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

In 2019, the countries that had a largest trade value in exports than in imports of Hat Shapes were China ($17.4M), Ecuador ($6M), Portugal ($1.35M), India ($1.02M), and Philippines ($450k).

In 2019, the countries that had a largest trade value in imports than in exports of Hat Shapes were United States ($6.26M), Italy ($4.32M), Mexico ($3.88M), Vietnam ($3.69M), and United Kingdom ($963k).

Disaggregation

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Value

In 2019, the world most traded Hat Shapes, disaggragated by their HS6 level were Hat-forms, strip material, unshaped, no formed... ($30.5M)

Import Tariffs

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In 2018, the average tariff for importing Hat Shapes was 12%.  The countries with the highest tariffs for importing Hat Shapes were Iran (45%), Bahamas (41.8%), Sudan (35%), Fiji (31.1%), and Egypt (30.2%).

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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.