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2022
Exports $2.77BWorld Rnk 1 / 197
Flag Rnk 247 / 1216
2022
Destination $52.8M United States
2021 - 2022
FASTEST GROWING MARKET $52.8MRussia
2022
PRODUCT COMPLEXITY IN Other Headwear0.5Rnk 367 / 1025
2022
Imports $77.8MWorld Rnk 21 / 225
Flag Rnk 701 / 1212
2022
Origin $3.48M Japan
2021 - 2022
FASTEST GROWING ORIGIN $3.48MJapan
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.77B in Other Headwear, making it the 1st largest exporter of Other Headwear in the world. At the same year, Other Headwear was the 247th most exported product in China. The main destination of Other Headwear exports from China are: United States ($506M), Germany ($215M), France ($128M), Italy ($114M), and Canada ($113M).

The fastest growing export markets for Other Headwear of China between 2021 and 2022 were Russia ($52.8M), Germany ($45.1M), and United States ($35M).

Imports In 2022, China imported $77.8M in Other Headwear, becoming the 21st largest importer of Other Headwear in the world. At the same year, Other Headwear was the 701st most imported product in China. China imports Other Headwear primarily from: Japan ($39.8M), Italy ($7.88M), China ($3.78M), South Korea ($3.21M), and France ($3.02M).

The fastest growing import markets in Other Headwear for China between 2021 and 2022 were Japan ($3.48M), France ($610k), and Netherlands ($570k).

COMPANIES In 2023, leading companies such as Spencer Gifts (10), POC Sports (9), and CSI Importers (9) were at the forefront of shipping Other Headwear from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Other Headwear exports accounted up to $172M and imports accounted up to $7.2M, resulting in a positive trade balance of $165M. Between July 2023 and July 2024 the exports of China's   Other Headwear have increased by $12.8M (8.05%) from $159M to $172M, while imports increased by $1.66M (29.9%) from $5.54M to $7.2M.

Destinations In July 2024, Other Headwear were exported mostly to United States ($35.9M), Italy ($8.3M), Germany ($8.05M), Mexico ($7.96M), and Spain ($7.84M), and were imported mostly from Italy ($2.58M), Japan ($2.29M), Germany ($331k), France ($275k), and South Korea ($248k).

Growth In July 2024, the increase in Other Headwear's year-by-year exports was explained primarily by an increase in exports to Russia ($5.05M or 108%), Turkey ($4.51M or 638%), and Kyrgyzstan ($1.96M or 469%). In July 2024, the increase in Other Headwear's year-by-year imports was explained primarily by an increase in imports from Cambodia ($104k or 350%), Italy ($79.7k or 11.5%), and Indonesia ($59.2k or 592k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$12.8M(8.05%)
IMPORT GROWTH (July 2023 - July 2024)$1.66M(29.9%)
MAIN EXPORTER (July 2024)Zhejiang Province$62.5M
MAIN DESTINATION (July 2024)United States$35.9M

This section shows Other Headwear's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Other Headwear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.77B
IMPORTS (2022)$77.8M
NET TRADE (2022)$2.69B

In 2022, China exported $2.77B in Other Headwear. The main destinations of China exports on Other Headwear were United States ($506M), Germany ($215M), France ($128M), Italy ($114M), and Canada ($113M).

In 2022, China imported $77.8M in Other Headwear, mainly from Japan ($39.8M), Italy ($7.88M), China ($3.78M), South Korea ($3.21M), and France ($3.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Headwear EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$52.8M (147%)
Germany$45.1M (26.6%)
United States$35M (7.44%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Headwear BY China WERE (2021 - 2022):
Japan-$21.4M (-26%)
Brazil-$7.52M (-16.7%)
Peru-$3.67M (-20.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Other Headwear were:
Germany $313M
Italy $287M
In 2022, China's main importing competitors in Other Headwear were:
United States $889M
Germany $534M
France $395M

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Trade Value of Other Headwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $23.8M
TOP IMPORT POTENTIALVietnam+ $3M

Other Headwear’s highest export potential is Russia. With an export gap of $23.8M.   Other Headwear’s highest import potential is Vietnam with an import gap of $3M.

See methodology.

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