2023
Exports
$183MWorld Rnk 1 / 113
Flag Rnk 776 / 1215
2023
PRODUCT COMPLEXITY IN Soapstone
-0.26Rnk 634 / 1025
2023
Imports
$28.4MWorld Rnk 10 / 191
Flag Rnk 861 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $183M in Soapstone, making it the 1st largest exporter of Soapstone in the world. At the same year, Soapstone was the 776th most exported product in China. The main destination of Soapstone exports from China are: Japan ($49.8M), Thailand ($24.4M), Indonesia ($15.4M), South Korea ($14.6M), and United States ($13.3M).

The fastest growing export markets for Soapstone of China between 2022 and 2023 were United States ($4.41M), Mexico ($1.04M), and Canada ($812k).

Imports In 2023, China imported $28.4M in Soapstone, becoming the 10th largest importer of Soapstone in the world. At the same year, Soapstone was the 861st most imported product in China. China imports Soapstone primarily from: United States ($4.57M), Pakistan ($4.56M), Italy ($4.33M), India ($3.13M), and South Korea ($2.64M).

The fastest growing import markets in Soapstone for China between 2022 and 2023 were South Korea ($1.11M), Italy ($365k), and Germany ($64.8k).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-2.1M(-14.6%)
IMPORT GROWTH (December 2023 - December 2024)$-36.2k(-1.28%)
MAIN EXPORTER (December 2024)Liaoning Province$12.1M
MAIN DESTINATION (December 2024)Thailand$2.58M

This section shows Soapstone's exports and imports data at subnational level for China. 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 Soapstone over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$183M
IMPORTS (2023)$28.4M
NET TRADE (2023)$154M

In 2023, China exported $183M in Soapstone. The main destinations of China exports on Soapstone were Japan ($49.8M), Thailand ($24.4M), Indonesia ($15.4M), South Korea ($14.6M), and United States ($13.3M).

In 2023, China imported $28.4M in Soapstone, mainly from United States ($4.57M), Pakistan ($4.56M), Italy ($4.33M), India ($3.13M), and South Korea ($2.64M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soapstone EXPORT MARKETS FOR China WERE (2022 - 2023):
United States$4.41M (49.9%)
Mexico$1.04M (107%)
Canada$812k (263%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soapstone BY China WERE (2022 - 2023):
Japan-$12.2M (-19.7%)
South Korea-$7.27M (-33.3%)
Thailand-$6.02M (-19.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Soapstone were:
In 2023, China's main importing competitors in Soapstone were:

Explore Visualizations

Trade Value of Soapstone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.16M
TOP IMPORT POTENTIALIndia+ $4.47M

Soapstone’s highest export potential is United States. With an export gap of $4.16M.   Soapstone’s highest import potential is India with an import gap of $4.47M.

See methodology.

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