Hats in Mexico | The Observatory of Economic Complexity

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Exports In 2023, Mexico exported $50.4M in Hats, making it the 2nd largest exporter of Hats in the world. At the same year, Hats was the 431st most exported product in Mexico. The main destination of Hats exports from Mexico are: United States ($46.2M), Canada ($1.3M), Guatemala ($1.16M), Australia ($471k), and Honduras ($333k).

The fastest growing export markets for Hats of Mexico between 2022 and 2023 were United States ($804k), Guatemala ($536k), and Australia ($213k).

Imports In 2023, Mexico imported $19.9M in Hats, becoming the 7th largest importer of Hats in the world. At the same year, Hats was the 764th most imported product in Mexico. Mexico imports Hats primarily from: China ($18.5M), United States ($859k), Ecuador ($234k), Italy ($138k), and France ($68k).

The fastest growing import markets in Hats for Mexico between 2022 and 2023 were China ($12.3M), United States ($182k), and Italy ($87.7k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Imports

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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

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Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$50.4M

IMPORTS (2023)$19.9M

NET TRADE (2023)$30.4M

In 2023, Mexico exported $50.4M in Hats. The main destinations of Mexico exports on Hats were United States ($46.2M), Canada ($1.3M), Guatemala ($1.16M), Australia ($471k), and Honduras ($333k).

In 2023, Mexico imported $19.9M in Hats, mainly from China ($18.5M), United States ($859k), Ecuador ($234k), Italy ($138k), and France ($68k).

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