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2022
Exports $18.5MWorld Rnk 3 / 109
Flag Rnk 1041 / 1216
2022
Destination $2.35M Italy
2021 - 2022
FASTEST GROWING MARKET $2.35MIndia
2022
Imports $905kWorld Rnk 24 / 169
Flag Rnk 1163 / 1212
2022
Origin $73.5k Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $73.5kUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $18.5M in Hat Forms, making it the 3rd largest exporter of Hat Forms in the world. At the same year, Hat Forms was the 1041st most exported product in China. The main destination of Hat Forms exports from China are: Italy ($3.8M), India ($3.35M), United Arab Emirates ($2.83M), Mexico ($1.72M), and Vietnam ($1.14M).

The fastest growing export markets for Hat Forms of China between 2021 and 2022 were India ($2.35M), Italy ($2.22M), and Vietnam ($1.12M).

Imports In 2022, China imported $905k in Hat Forms, becoming the 24th largest importer of Hat Forms in the world. At the same year, Hat Forms was the 1163rd most imported product in China. China imports Hat Forms primarily from: Chinese Taipei ($762k), United Arab Emirates ($73.5k), United Kingdom ($28.9k), Czechia ($15k), and India ($12.2k).

The fastest growing import markets in Hat Forms for China between 2021 and 2022 were United Arab Emirates ($73.5k), Czechia ($15k), and United Kingdom ($14.5k).

COMPANIES In 2023, leading companies such as Amazon (22), CrimsonLogic (10), and DuPont (7) were at the forefront of shipping Hat Forms from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Hat Forms exports accounted up to $1.33M and imports accounted up to $17.3k, resulting in a positive trade balance of $1.32M. Between July 2023 and July 2024 the exports of China's   Hat Forms have increased by $593k (80%) from $742k to $1.33M, while imports increased by $15.8k (1.1k%) from $1.44k to $17.3k.

Destinations In July 2024, Hat Forms were exported mostly to Mexico ($384k), Italy ($338k), United States ($142k), Indonesia ($130k), and France ($68.9k), and were imported mostly from United States ($17.3k).

Growth In July 2024, the increase in Hat Forms's year-by-year exports was explained primarily by an increase in exports to Italy ($112k or 51.8%), Japan ($43.4k or 783%), and Poland ($43k or 723%). In July 2024, the increase in Hat Forms's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$593k(80%)
IMPORT GROWTH (January 2023 - July 2024)$15.8k(1.1k%)
MAIN EXPORTER (July 2024)Hebei Province$900k
MAIN DESTINATION (July 2024)Mexico$384k

This section shows Hat Forms's exports and imports data at subnational level for China. 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 Hat Forms over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$18.5M
IMPORTS (2022)$905k
NET TRADE (2022)$17.6M

In 2022, China exported $18.5M in Hat Forms. The main destinations of China exports on Hat Forms were Italy ($3.8M), India ($3.35M), United Arab Emirates ($2.83M), Mexico ($1.72M), and Vietnam ($1.14M).

In 2022, China imported $905k in Hat Forms, mainly from Chinese Taipei ($762k), United Arab Emirates ($73.5k), United Kingdom ($28.9k), Czechia ($15k), and India ($12.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hat Forms EXPORT MARKETS FOR China WERE (2021 - 2022):
India$2.35M (234%)
Italy$2.22M (141%)
Vietnam$1.12M (6.05k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hat Forms BY China WERE (2021 - 2022):
Saudi Arabia-$410k (-100%)
Belarus-$137k (-100%)
France-$61.4k (-70.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Hat Forms were:
Portugal $35.4M
Thailand $26.6M
In 2022, China's main importing competitors in Hat Forms were:
United States $38M
Belgium $14.5M
Mexico $10.8M

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Trade Value of Hat Forms by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Hat Forms’s highest export potential is N/A. With an export gap of N/A.   Hat Forms’s highest import potential is N/A with an import gap of N/A.

See methodology.

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