Hat Shapes in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $29.4M in Hat Shapes, making it the 1st largest exporter of Hat Shapes in the world. At the same year, Hat Shapes was the 1006th most exported product in China. The main destination of Hat Shapes exports from China are: Mexico ($10M), Vietnam ($7.5M), United States ($7.06M), Italy ($2.11M), and Spain ($498k).

The fastest growing export markets for Hat Shapes of China between 2021 and 2022 were Mexico ($5.03M), United States ($3.07M), and Italy ($1M).

Imports In 2022, China imported $66.3k in Hat Shapes, becoming the 31st largest importer of Hat Shapes in the world. At the same year, Hat Shapes was the 1205th most imported product in China. China imports Hat Shapes primarily from: Philippines ($44.7k), Ecuador ($18.3k), South Korea ($1.11k), Italy ($1.11k), and Greece ($613).

The fastest growing import markets in Hat Shapes for China between 2021 and 2022 were South Korea ($1.11k), Italy ($1.11k), and Greece ($613).

COMPANIES In 2023, leading companies such as Amazon (13), 99 Cents Only Stores (2), and At Home Procurement (2) were at the forefront of shipping Hat Shapes from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Hat Shapes exports accounted up to $1.68M and imports accounted up to $9.64k, resulting in a positive trade balance of $1.67M. Between July 2023 and July 2024 the exports of China's Hat Shapes have increased by $237k (16.4%) from $1.44M to $1.68M, while imports increased by $7.3k (312%) from $2.34k to $9.64k.

Destinations In July 2024, Hat Shapes were exported mostly to United States ($1.03M), Mexico ($470k), Brazil ($138k), South Korea ($24.9k), and Italy ($9.89k), and were imported mostly from .

Growth In July 2024, the increase in Hat Shapes's year-by-year exports was explained primarily by an increase in exports to Mexico ($751k or 161%), United States ($218k or 32.7%), and South Korea ($34.5k or 437%). In May 2024, the increase in Hat Shapes's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$237k(16.4%)

IMPORT GROWTH (December 2022 - May 2024)$7.3k(312%)

MAIN EXPORTER (July 2024)Zhejiang Province$1.88M

MAIN DESTINATION (July 2024)United States$1.03M

This section shows Hat Shapes'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 Shapes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$29.4M

IMPORTS (2022)$66.3k

NET TRADE (2022)$29.3M

In 2022, China exported $29.4M in Hat Shapes. The main destinations of China exports on Hat Shapes were Mexico ($10M), Vietnam ($7.5M), United States ($7.06M), Italy ($2.11M), and Spain ($498k).

In 2022, China imported $66.3k in Hat Shapes, mainly from Philippines ($44.7k), Ecuador ($18.3k), South Korea ($1.11k), Italy ($1.11k), and Greece ($613).

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