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Exports In 2022, Singapore exported $300k in Hats, making it the 52nd largest exporter of Hats in the world. At the same year, Hats was the 1033rd most exported product in Singapore. The main destination of Hats exports from Singapore are: Indonesia ($69.8k), Malaysia ($47.4k), United Arab Emirates ($23.2k), Hong Kong ($16k), and Germany ($14.9k).

The fastest growing export markets for Hats of Singapore between 2021 and 2022 were United Arab Emirates ($20.6k), Malaysia ($17.8k), and Germany ($14.9k).

Imports In 2022, Singapore imported $2.11M in Hats, becoming the 37th largest importer of Hats in the world. At the same year, Hats was the 997th most imported product in Singapore. Singapore imports Hats primarily from: Indonesia ($722k), China ($492k), Malaysia ($189k), United States ($124k), and Poland ($104k).

The fastest growing import markets in Hats for Singapore between 2021 and 2022 were Indonesia ($403k), Malaysia ($133k), and Poland ($104k).

COMPANIES In 2023, leading companies such as Michael Kors (1) were at the forefront of shipping Hats from Singapore to the United States.

Latest Trends

Sep 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 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)$300k
IMPORTS (2022)$2.11M
NET TRADE (2022)-$1.81M

In 2022, Singapore exported $300k in Hats. The main destinations of Singapore exports on Hats were Indonesia ($69.8k), Malaysia ($47.4k), United Arab Emirates ($23.2k), Hong Kong ($16k), and Germany ($14.9k).

In 2022, Singapore imported $2.11M in Hats, mainly from Indonesia ($722k), China ($492k), Malaysia ($189k), United States ($124k), and Poland ($104k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hats EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$17.8k (59.8%)
Germany$14.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hats BY Singapore WERE (2021 - 2022):
Australia-$252k (-97.1%)
Indonesia-$247k (-78%)
Japan-$39.1k (-85.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Hats were:
China $298M
Italy $24.4M
In 2022, Singapore's main importing competitors in Hats were:

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Trade Value of Hats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $21k
TOP IMPORT POTENTIALChina+ $295k

Hats’s highest export potential is United States. With an export gap of $21k.   Hats’s highest import potential is China with an import gap of $295k.

See methodology.

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