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650500 (Harmonized System 2012 for 6-digit)

2022
World Trade $8.71BRnk 462 / 5198
2022
Top Exporter | Top Importer $4.24B | $2.67BChina | United States
2022
Product Complexity -1.75Rnk 4929 / 5199
2021 - 2022
Export Growth (CAGR) 29%Rnk 544 / 5198
2022
Share of World Trade 0.036%Rnk 462 / 5198

About

Overview This page contains the latest trade data of Hats and other headgear. In 2022, Hats and other headgear were the world's 462nd most traded product, with a total trade of $8.71B. Between 2021 and 2022 the exports of Hats and other headgear grew by 29%, from $6.75B to $8.71B. Trade in Hats and other headgear represent 0.036% of total world trade.

Hats and other headgear are a part of Hats and other headgear; knitted or crocheted, or made up from lace,....

Exports In 2022 the top exporters of Hats and other headgear  were China ($4.24B), Vietnam ($750M), Bangladesh ($726M), Italy ($416M), and Germany ($331M).

Imports In 2022 the top importers of Hats and other headgear were United States ($2.67B), Germany ($622M), Japan ($442M), France ($410M), and Canada ($308M).

Ranking Hats and other headgear ranks 4929th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Hats and other headgear. 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 (2022)China$4.24B
Top Destination (2022)United States$2.67B

In 2022 Hats and other headgear were the world's 462nd most traded product (out of 5,198).

In 2022, the top exporters of Hats and other headgear were China ($4.24B), Vietnam ($750M), Bangladesh ($726M), Italy ($416M), and Germany ($331M).

In 2022, the top importers of Hats and other headgear were United States ($2.67B), Germany ($622M), Japan ($442M), France ($410M), and Canada ($308M).

Explore Visualizations

Exporters of Hats and other headgear (2022)
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Importers of Hats and other headgear (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$950M
Top Destination Growth (2021 -  2022)United States$715M

Between 2021 and 2022, the exports of Hats and other headgear grew the fastest in China ($950M), Vietnam ($277M), Bangladesh ($265M), Germany ($64.2M), and Italy ($57.1M).

Between 2021 and 2022, the fastest growing importers of Hats and other headgear were United States ($715M), Germany ($112M), France ($110M), Japan ($92.5M), and Netherlands ($86.7M).

Explore Visualizations

Exporters of Hats and other headgear (2021 - 2022)

Importers of Hats and other headgear (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hats and other headgear.

In 2022, market concentration measured using Shannon Entropy, was 3.35. This means that most of the exports of Hats and other headgear are explained by 10 countries.

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Value of Exports in Hats and other headgear

Net Trade

TOP NET EXPORTER (2022)China$4.13B
TOP NET IMPORTER (2022)United States$2.56B

This map shows which countries export or import more of Hats and other headgear. Each country is colored based on the difference in exports and imports of Hats and other headgear during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hats and other headgear were China ($4.13B), Vietnam ($728M), Bangladesh ($724M), Italy ($148M), and Cambodia ($93M).

In 2022, the countries that had a largest trade value in imports than in exports of Hats and other headgear were United States ($2.56B), Japan ($429M), Germany ($292M), Canada ($270M), and United Kingdom ($247M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Hats and other headgear by percentage of total exports

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 (2022)

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