2022
Exports
$14BWorld Rnk 2 / 226
Flag Rnk 23 / 96
2022
PRODUCT COMPLEXITY IN Perfumery & cosmetics
0.49Rnk 370 / 1025
2022
Imports
$17.8BWorld Rnk 1 / 225
Flag Rnk 27 / 96
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $14B in Perfumery & cosmetics, making it the 2nd largest exporter of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 23rd most exported product in United States. The main destination of Perfumery & cosmetics exports from United States are: Canada ($3.15B), China ($1.07B), Mexico ($971M), United Kingdom ($855M), and Australia ($637M).

The fastest growing export markets for Perfumery & cosmetics of United States between 2021 and 2022 were Canada ($286M), Australia ($87.3M), and United Kingdom ($74.9M).

Imports In 2022, United States imported $17.8B in Perfumery & cosmetics, becoming the 1st largest importer of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 27th most imported product in United States. United States imports Perfumery & cosmetics primarily from: Ireland ($4.03B), France ($2.78B), Canada ($1.92B), Mexico ($1.63B), and China ($1.19B).

The fastest growing import markets in Perfumery & cosmetics for United States between 2021 and 2022 were Ireland ($832M), France ($317M), and Mexico ($294M).

COMPANIES In 2023, leading companies such as L'Oreal (805), CrimsonLogic (765), and Lollicup (434) were at the forefront of shipping Perfumery & cosmetics to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$37.6M(2.96%)
IMPORT GROWTH (June 2023 - June 2024)$144M(8.3%)
MAIN EXPORTER (June 2024)New Jersey$265M
MAIN DESTINATION (June 2024)Canada$303M

This section shows Perfumery & cosmetics's exports and imports data at subnational level for United States. 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 Perfumery & cosmetics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14B
IMPORTS (2022)$17.8B
NET TRADE (2022)-$3.75B

In 2022, United States exported $14B in Perfumery & cosmetics. The main destinations of United States exports on Perfumery & cosmetics were Canada ($3.15B), China ($1.07B), Mexico ($971M), United Kingdom ($855M), and Australia ($637M).

In 2022, United States imported $17.8B in Perfumery & cosmetics, mainly from Ireland ($4.03B), France ($2.78B), Canada ($1.92B), Mexico ($1.63B), and China ($1.19B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumery & cosmetics EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$286M (9.95%)
Australia$87.3M (15.9%)
United Kingdom$74.9M (9.61%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumery & cosmetics BY United States WERE (2021 - 2022):
Russia-$161M (-77.1%)
Hong Kong-$104M (-25.3%)
Netherlands-$73.6M (-11.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Perfumery & cosmetics were:
France $23.4B
Germany $11.5B
In 2022, United States's main importing competitors in Perfumery & cosmetics were:

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Trade Value of Perfumery & cosmetics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $294M
TOP IMPORT POTENTIALCanada+ $427M

Perfumery & cosmetics’s highest export potential is China. With an export gap of $294M.   Perfumery & cosmetics’s highest import potential is Canada with an import gap of $427M.

See methodology.

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