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Exports In 2022, Hong Kong exported $927k in Hats, making it the 37th largest exporter of Hats in the world. At the same year, Hats was the 896th most exported product in Hong Kong. The main destination of Hats exports from Hong Kong are: United States ($139k), China ($123k), Thailand ($88k), United Kingdom ($80.4k), and Brazil ($53.7k).

The fastest growing export markets for Hats of Hong Kong between 2021 and 2022 were United States ($134k), China ($118k), and Malaysia ($34.6k).

Imports In 2022, Hong Kong imported $5.54M in Hats, becoming the 18th largest importer of Hats in the world. At the same year, Hats was the 814th most imported product in Hong Kong. Hong Kong imports Hats primarily from: China ($4.02M), United States ($262k), Macau ($202k), Italy ($189k), and France ($151k).

The fastest growing import markets in Hats for Hong Kong between 2021 and 2022 were China ($3.75M), Indonesia ($87.5k), and Macau ($83.7k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hats. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$927k
IMPORTS (2022)$5.54M
NET TRADE (2022)-$4.61M

In 2022, Hong Kong exported $927k in Hats. The main destinations of Hong Kong exports on Hats were United States ($139k), China ($123k), Thailand ($88k), United Kingdom ($80.4k), and Brazil ($53.7k).

In 2022, Hong Kong imported $5.54M in Hats, mainly from China ($4.02M), United States ($262k), Macau ($202k), Italy ($189k), and France ($151k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hats EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United States$134k (2.49k%)
China$118k (2.12k%)
Malaysia$34.6k (1.34k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hats BY Hong Kong WERE (2021 - 2022):
United Kingdom-$135k (-62.7%)
Saudi Arabia-$59.2k (-89.9%)
Thailand-$34.9k (-28.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Hats were:
China $298M
Italy $24.4M
In 2022, Hong Kong's main importing competitors in Hats were:

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Trade Value of Hats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $110k
TOP IMPORT POTENTIALChina+ $1.01M

Hats’s highest export potential is United States. With an export gap of $110k.   Hats’s highest import potential is China with an import gap of $1.01M.

See methodology.

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