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Exports In 2022, Thailand exported $778k in Hats, making it the 39th largest exporter of Hats in the world. At the same year, Hats was the 986th most exported product in Thailand. The main destination of Hats exports from Thailand are: China ($101k), Nepal ($74.1k), Singapore ($69.9k), Japan ($69.1k), and Indonesia ($67.1k).

The fastest growing export markets for Hats of Thailand between 2021 and 2022 were China ($86.7k), Nepal ($60.7k), and Japan ($45k).

Imports In 2022, Thailand imported $2.95M in Hats, becoming the 28th largest importer of Hats in the world. At the same year, Hats was the 1007th most imported product in Thailand. Thailand imports Hats primarily from: China ($2.31M), United States ($111k), Japan ($93.5k), Hong Kong ($88k), and South Korea ($71.7k).

The fastest growing import markets in Hats for Thailand between 2021 and 2022 were China ($529k), United States ($78.3k), and Italy ($27.2k).

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)$778k
IMPORTS (2022)$2.95M
NET TRADE (2022)-$2.17M

In 2022, Thailand exported $778k in Hats. The main destinations of Thailand exports on Hats were China ($101k), Nepal ($74.1k), Singapore ($69.9k), Japan ($69.1k), and Indonesia ($67.1k).

In 2022, Thailand imported $2.95M in Hats, mainly from China ($2.31M), United States ($111k), Japan ($93.5k), Hong Kong ($88k), and South Korea ($71.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hats EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
China$86.7k (590%)
Nepal$60.7k (453%)
Japan$45k (187%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hats BY Thailand WERE (2021 - 2022):
India-$222k (-83.5%)
Netherlands-$19.2k (-95.1%)
Egypt-$15.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Hats were:
China $298M
Italy $24.4M
In 2022, Thailand'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 POTENTIALJapan+ $38.6k
TOP IMPORT POTENTIALChina+ $342k

Hats’s highest export potential is Japan. With an export gap of $38.6k.   Hats’s highest import potential is China with an import gap of $342k.

See methodology.

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