Soap in United States | The Observatory of Economic Complexity

About

Exports In 2023, United States exported $528M in Soap, making it the 4th largest exporter of Soap in the world. At the same year, Soap was the 350th most exported product in United States. The main destination of Soap exports from United States are: Canada ($261M), Mexico ($70.3M), South Korea ($17.7M), Australia ($15.2M), and Japan ($12.3M).

The fastest growing export markets for Soap of United States between 2022 and 2023 were Mexico ($18.3M), Canada ($10.6M), and South Korea ($7.42M).

Imports In 2023, United States imported $875M in Soap, becoming the 1st largest importer of Soap in the world. At the same year, Soap was the 406th most imported product in United States. United States imports Soap primarily from: Mexico ($265M), China ($204M), South Korea ($58.2M), Indonesia ($55.3M), and Turkey ($41M).

The fastest growing import markets in Soap for United States between 2022 and 2023 were Indonesia ($40.6M), Mexico ($23M), and South Korea ($18.5M).

COMPANIES In 2024, leading companies such as CrimsonLogic (88), Dollarama (25), and Xerox (24) were at the forefront of shipping Soap to the United States.

Latest Trends

January 2025

About

Overview In January 2025 United States' Soap exports accounted up to $92.7M and imports accounted up to $167M, resulting in a negative trade balance of $73.9M. Between January 2024 and January 2025 the exports of United States' Soap have increased by $7.76M (9.13%) from $85M to $92.7M, while imports increased by $28.5M (20.6%) from $138M to $167M.

Destinations In January 2025, Soap were exported mostly to Canada ($49.4M), Hong Kong ($18M), Mexico ($8.23M), China ($3.55M), and United Arab Emirates ($3.51M), and were imported mostly from China ($31.6M), Canada ($28M), Mexico ($20.8M), France ($12.3M), and Colombia ($12M).

Growth In January 2025, the increase in Soap's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates ($959k or 37.7%), United Kingdom ($946k or 70.8%), and Philippines ($731k or 70.4%). In January 2025, the increase in Soap's year-by-year imports was explained primarily by an increase in imports from China ($11.9M or 73.4%), France ($2.87M or 53.7%), and Turkey ($2.76M or 65.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2024 - January 2025)$7.76M(9.13%)

IMPORT GROWTH (January 2024 - January 2025)$28.5M(20.6%)

MAIN EXPORTER (January 2025)Ohio$15.7M

MAIN DESTINATION (January 2025)Canada$49.4M

This section shows Soap'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 Soap over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$528M

IMPORTS (2023)$875M

NET TRADE (2023)-$346M

In 2023, United States exported $528M in Soap. The main destinations of United States exports on Soap were Canada ($261M), Mexico ($70.3M), South Korea ($17.7M), Australia ($15.2M), and Japan ($12.3M).

In 2023, United States imported $875M in Soap, mainly from Mexico ($265M), China ($204M), South Korea ($58.2M), Indonesia ($55.3M), and Turkey ($41M).

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