2022
Exports
$78.8MWorld Rnk 13 / 208
Flag Rnk 43 / 834
2022
PRODUCT COMPLEXITY IN Knitted Hats
-1.26Rnk 897 / 1025
2022
Imports
$7.03MWorld Rnk 72 / 220
Flag Rnk 405 / 1149
2022
ECONOMIC COMPLEXITY of Burma
-0.84Rnk 102 / 133

About

Exports In 2022, Burma exported $78.8M in Knitted Hats, making it the 13th largest exporter of Knitted Hats in the world. At the same year, Knitted Hats was the 43rd most exported product in Burma. The main destination of Knitted Hats exports from Burma are: United States ($47.2M), Germany ($7.62M), Poland ($4.97M), Japan ($2.54M), and Netherlands ($2.25M).

The fastest growing export markets for Knitted Hats of Burma between 2021 and 2022 were United States ($31.8M), Poland ($1.75M), and Spain ($915k).

Imports In 2022, Burma imported $7.03M in Knitted Hats, becoming the 72nd largest importer of Knitted Hats in the world. At the same year, Knitted Hats was the 405th most imported product in Burma. Burma imports Knitted Hats primarily from: China ($6.56M), Thailand ($377k), Spain ($25.5k), Hong Kong ($23.7k), and Vietnam ($12.9k).

The fastest growing import markets in Knitted Hats for Burma between 2021 and 2022 were China ($4.12M), Thailand ($119k), and Spain ($25.5k).

COMPANIES In 2023, leading companies such as H&M Clothing (33) were at the forefront of shipping Knitted Hats from Burma to the United States.

Latest Trends

Oct 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)$78.8M
IMPORTS (2022)$7.03M
NET TRADE (2022)$71.8M

In 2022, Burma exported $78.8M in Knitted Hats. The main destinations of Burma exports on Knitted Hats were United States ($47.2M), Germany ($7.62M), Poland ($4.97M), Japan ($2.54M), and Netherlands ($2.25M).

In 2022, Burma imported $7.03M in Knitted Hats, mainly from China ($6.56M), Thailand ($377k), Spain ($25.5k), Hong Kong ($23.7k), and Vietnam ($12.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted Hats EXPORT MARKETS FOR Burma WERE (2021 - 2022):
United States$31.8M (207%)
Poland$1.75M (54.3%)
Spain$915k (156%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted Hats BY Burma WERE (2021 - 2022):
Austria-$705k (-99.1%)
Russia-$620k (-76.9%)
China-$111k (-29.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knitted Hats by Exporters

Potential Exports

Potential Exports

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N/A
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Knitted Hats’s highest export potential is N/A. With an export gap of N/A.   Knitted Hats’s highest import potential is N/A with an import gap of N/A.

See methodology.

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