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650700 (Harmonized System 1992 for 6-digit)

2023
World Trade $386MRnk 3099 / 4644
2023
Top Exporter | Top Importer $160M | $77.1MChina | United States
2023
Product Complexity -0.66Rnk 3444 / 4656
2022 - 2023
Export Growth (CAGR) -6.29%Rnk 2246 / 4644
2023
Share of World Trade 0.0017%Rnk 3099 / 4644

About

Overview This page contains the latest trade data of Parts for hats and headgear. In 2023, Parts for hats and headgear were the world's 3099th most traded product, with a total trade of $386M. Between 2022 and 2023 the exports of Parts for hats and headgear decreased by -6.29%, from $412M to $386M. Trade in Parts for hats and headgear represent 0.0017% of total world trade.

Parts for hats and headgear are a part of Headbands and Linings.

Exports In 2023 the top exporters of Parts for hats and headgear  were China ($160M), United States ($37.6M), Mexico ($29.4M), Italy ($21.3M), and Chinese Taipei ($17.9M).

Imports In 2023 the top importers of Parts for hats and headgear were United States ($77.1M), Vietnam ($26.5M), Japan ($24.3M), Italy ($21.7M), and Germany ($19.9M).

Ranking Parts for hats and headgear ranks 3444th in the Product Complexity Index (PCI).

Description Parts for hats and headgear are often used to modify hairstyles. Some of the parts for hats and headgear include hair clips, hairpins, hair bands, head bands, head wraps, and headgears. Hair pins and hair clips are used to hold hair in place. Hair bands are used to hold hair back. Headbands are used to hold hair out of a person's face. Head wraps are used to keep hair out of a person's face and headgears are used to cover the head.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts for hats and 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.

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* 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$160M
Top Destination (2023)United States$77.1M

In 2023 Parts for hats and headgear were the world's 3099th most traded product (out of 4,644).

In 2023, the top exporters of Parts for hats and headgear were China ($160M), United States ($37.6M), Mexico ($29.4M), Italy ($21.3M), and Chinese Taipei ($17.9M).

In 2023, the top importers of Parts for hats and headgear were United States ($77.1M), Vietnam ($26.5M), Japan ($24.3M), Italy ($21.7M), and Germany ($19.9M).

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Exporters of Parts for hats and headgear (2023)
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Importers of Parts for hats and headgear (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$7.44M
Top Destination Growth (2022 -  2023)Japan$6.61M

Between 2022 and 2023, the exports of Parts for hats and headgear grew the fastest in United States ($7.44M), Mexico ($4.38M), Cambodia ($4.28M), Romania ($2.2M), and Poland ($1.72M).

Between 2022 and 2023, the fastest growing importers of Parts for hats and headgear were Japan ($6.61M), United States ($5.59M), Canada ($4.84M), United Kingdom ($3.93M), and Germany ($3.5M).

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Exporters of Parts for hats and headgear (2022 - 2023)

Importers of Parts for hats and headgear (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts for hats and headgear.

In 2023, market concentration measured using Shannon Entropy, was 3.64. This means that most of the exports of Parts for hats and headgear are explained by 12 countries.

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Value of Exports in Parts for hats and headgear

Net Trade

TOP NET EXPORTER (2023)China$155M
TOP NET IMPORTER (2023)United States$39.5M

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

In 2023, the countries that had a largest trade value in exports than in imports of Parts for hats and headgear were China ($155M), Mexico ($16.5M), Chinese Taipei ($15.5M), Cambodia ($10.4M), and Morocco ($7.19M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts for hats and headgear were United States ($39.5M), Japan ($21.8M), Vietnam ($18.9M), France ($10.8M), and Canada ($9.75M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Parts for hats and 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 (2023)

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