Overview In May 2023 United States' Soap exports accounted up to $98.6M and imports accounted up to $132M, resulting in a negative trade balance of $33.6M. Between May 2022 and May 2023 the exports of United States' Soap have decreased by $-5.68M (-5.45%) from $104M to $98.6M, while imports increased by $8.79M (7.13%) from $123M to $132M.
Destinations In May 2023, Soap were exported mostly to Canada ($46.6M), Mexico ($10.6M), Singapore ($6.84M), Japan ($3.58M), and South Korea ($2.75M), and were imported mostly from Canada ($28.9M), Mexico ($24.2M), China ($23M), Colombia ($8.37M), and Indonesia ($6.39M).
Growth In May 2023, the decrease in Soap's year-by-year exports was explained primarily by a decrease in exports to Canada ($-6.15M or -15.6%), China ($-2.87M or -72%), and Singapore ($-2.07M or -57%). In May 2023, the increase in Soap's year-by-year imports was explained primarily by an increase in imports from Mexico ($8.56M or 52.7%), Colombia ($1.7M or 152%), and Japan ($1.27M or 326%).