2022
Exports
$26MWorld Rnk 30 / 208
Flag Rnk 480 / 1208
2022
PRODUCT COMPLEXITY IN Knitted Hats
-1.26Rnk 897 / 1025
2022
Imports
$55MWorld Rnk 24 / 220
Flag Rnk 449 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $26M in Knitted Hats, making it the 30th largest exporter of Knitted Hats in the world. At the same year, Knitted Hats was the 480th most exported product in United Arab Emirates. The main destination of Knitted Hats exports from United Arab Emirates are: Saudi Arabia ($11M), Kuwait ($4.63M), Qatar ($3.94M), Oman ($1.92M), and China ($730k).

The fastest growing export markets for Knitted Hats of United Arab Emirates between 2021 and 2022 were Kuwait ($4.13M), Qatar ($2.84M), and Oman ($260k).

Imports In 2022, United Arab Emirates imported $55M in Knitted Hats, becoming the 24th largest importer of Knitted Hats in the world. At the same year, Knitted Hats was the 449th most imported product in United Arab Emirates. United Arab Emirates imports Knitted Hats primarily from: China ($30.4M), Italy ($5M), Bangladesh ($4.18M), France ($2.76M), and Vietnam ($2.26M).

The fastest growing import markets in Knitted Hats for United Arab Emirates between 2021 and 2022 were China ($5.7M), Italy ($1.72M), and Bangladesh ($1.54M).

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 Knitted 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)$26M
IMPORTS (2022)$55M
NET TRADE (2022)-$29.1M

In 2022, United Arab Emirates exported $26M in Knitted Hats. The main destinations of United Arab Emirates exports on Knitted Hats were Saudi Arabia ($11M), Kuwait ($4.63M), Qatar ($3.94M), Oman ($1.92M), and China ($730k).

In 2022, United Arab Emirates imported $55M in Knitted Hats, mainly from China ($30.4M), Italy ($5M), Bangladesh ($4.18M), France ($2.76M), and Vietnam ($2.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted Hats EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Kuwait$4.13M (818%)
Qatar$2.84M (258%)
Oman$260k (15.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted Hats BY United Arab Emirates WERE (2021 - 2022):
United Kingdom-$367k (-95.6%)
China-$127k (-14.8%)
Lebanon-$65.2k (-88.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United Arab Emirates's main exporting competitors in Knitted Hats were:
In 2022, United Arab Emirates's main importing competitors in Knitted Hats were:

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Trade Value of Knitted Hats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $557k
TOP IMPORT POTENTIALChina+ $3.62M

Knitted Hats’s highest export potential is United States. With an export gap of $557k.   Knitted Hats’s highest import potential is China with an import gap of $3.62M.

See methodology.

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