HS Code:
The 'Suitable for making or ornamenting headwear' category, typically classified under HS Code 6507.00, encompasses materials and accessories specifically designed for the production and decoration of headwear such as hats, caps, and headbands. This includes items like hat frames, linings, covers, hatbands, chin straps, and decorative elements like feathers or beads used to enhance the aesthetic appeal of headwear. This category is a niche but vital segment of the global textile and fashion industry, catering to both functional and ornamental needs in headwear manufacturing.
Total Trade Volume
USD 250 million
Data from 2022
Source
United Nations Comtrade Database
USD 100 million
40% of total trade of total trade
Increasing
USD 40 million
16% of total trade of total trade
Increasing
USD 30 million
12% of total trade of total trade
Stable
USD 25 million
10% of total trade of total trade
Increasing
USD 20 million
8% of total trade of total trade
Stable
Average Rate
8.5%
Highest Rate
15% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements such as EU-USMCA)
Rising demand for sustainable materials
Increased use of eco-friendly and recycled materials in headwear accessories due to consumer preference for sustainability, driving innovation in biodegradable hat linings and bands.
2021-2022
Growth in fashion-driven headwear
Surge in demand for ornamental headwear components like feathers and beads, fueled by fashion trends and social media influence, particularly in Western markets.
2020-2022
Shift in manufacturing to Southeast Asia
Relocation of production hubs from traditional markets like China to countries such as Vietnam and Bangladesh due to lower labor costs and favorable trade agreements.
2019-2022
The European Union introduced new regulations limiting the import of feathers used in headwear ornamentation to ensure compliance with wildlife protection standards.
June 2023
Increased costs for manufacturers relying on feather imports, pushing the market towards synthetic alternatives.
A revised trade agreement between the US and China reduced tariffs on certain headwear components, boosting bilateral trade in this category.
March 2023
Enhanced market access for Chinese exporters, potentially increasing competition in the US market.
Vietnam signed multiple free trade agreements, positioning itself as a major supplier of headwear materials with competitive pricing and improved supply chain infrastructure.
January 2023
Diversification of supply chains for global buyers, reducing dependency on single-country sourcing.