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Hat-shapes; plaited or made by assembling strips of any material, neither blocked to shape, nor with made brims, nor lined, nor trimmed

6502 (Harmonized System 1992 for 4-digit)

2023
World Trade $42.4MRnk 1198 / 1217
2023
Top Exporter | Top Importer $29M | $15.4MChina | Mexico
2022 - 2023
Export Growth (CAGR) -6.08%Rnk 601 / 1217
2023
Share of World Trade 0.00019%Rnk 1198 / 1217

About

Overview This page contains the latest trade data of Hat Shapes. In 2023, Hat Shapes were the world's 1198th most traded product, with a total trade of $42.4M. Between 2022 and 2023 the exports of Hat Shapes decreased by -6.08%, from $45.2M to $42.4M. Trade in Hat Shapes represent 0.00019% of total world trade.

Hat Shapes are a part of Headgear. They include Hat-forms, strip material, unshaped, no formed brim.

Exports In 2023 the top exporters of Hat Shapes  were China ($29M), Ecuador ($7.43M), Madagascar ($851k), Philippines ($515k), and Singapore ($425k).

Imports In 2023 the top importers of Hat Shapes were Mexico ($15.4M), United States ($9.3M), Italy ($6.44M), Spain ($1.38M), and Canada ($1.33M).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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

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

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$29M
Top Destination (2023)Mexico$15.4M

In 2023 Hat Shapes were the world's 1198th most traded product (out of 1,217).

In 2023, the top exporters of Hat Shapes were China ($29M), Ecuador ($7.43M), Madagascar ($851k), Philippines ($515k), and Singapore ($425k).

In 2023, the top importers of Hat Shapes were Mexico ($15.4M), United States ($9.3M), Italy ($6.44M), Spain ($1.38M), and Canada ($1.33M).

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Exporters of Hat Shapes (2023)
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Importers of Hat Shapes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Philippines$402k
Top Destination Growth (2022 -  2023)Mexico$4.62M

Between 2022 and 2023, the exports of Hat Shapes grew the fastest in Philippines ($402k), Singapore ($379k), Madagascar ($306k), Israel ($282k), and Guatemala ($206k).

Between 2022 and 2023, the fastest growing importers of Hat Shapes were Mexico ($4.62M), Canada ($1.2M), Singapore ($423k), Indonesia ($384k), and China ($335k).

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Exporters of Hat Shapes (2022 - 2023)

Importers of Hat Shapes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hat Shapes.

In 2023, market concentration measured using Shannon Entropy, was 1.88. This means that most of the exports of Hat Shapes are explained by 3 countries.

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Value of Exports in Hat Shapes

Net Trade

TOP NET EXPORTER (2023)China$28.6M
TOP NET IMPORTER (2023)Mexico$15.3M

This map shows which countries export or import more of Hat Shapes. Each country is colored based on the difference in exports and imports of Hat Shapes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Hat Shapes were China ($28.6M), Ecuador ($7.42M), Madagascar ($850k), Philippines ($512k), and Portugal ($334k).

In 2023, the countries that had a largest trade value in imports than in exports of Hat Shapes were Mexico ($15.3M), United States ($8.97M), Italy ($6.21M), Canada ($1.32M), and Spain ($1.19M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Hat Shapes.
It is possible to select the main countries that export or import Hat Shapes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hat Shapes by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALN/AN/A
TOP IMPORT POTENTIALN/AN/A

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

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Country by Relatedness

The following visualization shows the relatedness of Hat Shapes to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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