Hats in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $8.75M in Hats, making it the 9th largest exporter of Hats in the world. At the same year, Hats was the 937th most exported product in Spain. The main destination of Hats exports from Spain are: France ($1.96M), Portugal ($1.13M), Italy ($662k), United States ($557k), and Netherlands ($545k).

The fastest growing export markets for Hats of Spain between 2021 and 2022 were France ($599k), Portugal ($453k), and Netherlands ($401k).

Imports In 2022, Spain imported $18.2M in Hats, becoming the 6th largest importer of Hats in the world. At the same year, Hats was the 872nd most imported product in Spain. Spain imports Hats primarily from: China ($10.4M), Vietnam ($1.82M), Italy ($1.64M), France ($978k), and Germany ($627k).

The fastest growing import markets in Hats for Spain between 2021 and 2022 were China ($5.07M), Vietnam ($1.31M), and Italy ($423k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Hats exports accounted up to €992k and imports accounted up to €1.28M, resulting in a negative trade balance of €291k. Between June 2023 and June 2024 the exports of Spain's Hats have decreased by €-1.54M (-60.8%) from €2.53M to €992k, while imports decreased by €-862k (-40.2%) from €2.15M to €1.28M.

Destinations In June 2024, Hats were exported mostly to France (€255k), Portugal (€130k), Poland (€115k), United Kingdom (€115k), and Germany (€104k), and were imported mostly from Vietnam (€463k), China (€351k), Italy (€177k), France (€77.6k), and Rest of the world (€74.9k).

Growth In June 2024, the decrease in Hats's year-by-year exports was explained primarily by a decrease in exports to Sweden (€-81k or -93.5%), Italy (€-8.71k or -49.3%), and Netherlands (€-3.07k or -35.2%). In June 2024, the decrease in Hats's year-by-year imports was explained primarily by a decrease in imports from Vietnam (€-53.8k or -53.8%), Denmark (€-47.2k or -90.2%), and Indonesia (€-15.5k or -84.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)€-1.54M(-60.8%)

IMPORT GROWTH (June 2023 - June 2024)€-862k(-40.2%)

MAIN EXPORTER (June 2024)Almería€283k

MAIN DESTINATION (June 2024)France€255k

This section shows Hats's exports and imports data at subnational level for Spain. 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 Hats over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$8.75M

IMPORTS (2022)$18.2M

NET TRADE (2022)-$9.49M

In 2022, Spain exported $8.75M in Hats. The main destinations of Spain exports on Hats were France ($1.96M), Portugal ($1.13M), Italy ($662k), United States ($557k), and Netherlands ($545k).

In 2022, Spain imported $18.2M in Hats, mainly from China ($10.4M), Vietnam ($1.82M), Italy ($1.64M), France ($978k), and Germany ($627k).

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