Somewhat depends on your definition of "small" gifts!
**ditto** to the above
Adding ....
* the little credit card holder wallets that will hold several cards
* table runner
* door quilt or mini wall quilt
If they happen to be sewists ...
* lanyards ... I put itty-bitty scissors on the hook and and a pincushion on the lanyard. Sometimes I add a magnet to grab needles or pins without putting into the cushion. (leave plain for the non-sewers)
* pin cushion(s)