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2022
Exports $195MWorld Rnk 1 / 112
Flag Rnk 779 / 1216
2022
Destination $2.9M Japan
2021 - 2022
FASTEST GROWING MARKET $2.9MChinese Taipei
2022
PRODUCT COMPLEXITY IN Soapstone-0.16Rnk 602 / 1025
2022
Imports $37.9MWorld Rnk 12 / 195
Flag Rnk 830 / 1212
2022
Origin $3.44M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $3.44MIndia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $195M in Soapstone, making it the 1st largest exporter of Soapstone in the world. At the same year, Soapstone was the 779th most exported product in China. The main destination of Soapstone exports from China are: Japan ($54.7M), Thailand ($25.6M), South Korea ($20M), Indonesia ($15.7M), and United States ($11.7M).

The fastest growing export markets for Soapstone of China between 2021 and 2022 were Chinese Taipei ($2.9M), Vietnam ($2.34M), and Mexico ($1.35M).

Imports In 2022, China imported $37.9M in Soapstone, becoming the 12th largest importer of Soapstone in the world. At the same year, Soapstone was the 830th most imported product in China. China imports Soapstone primarily from: Netherlands ($6.15M), Pakistan ($5.76M), United States ($5.42M), India ($4.52M), and Italy ($3.76M).

The fastest growing import markets in Soapstone for China between 2021 and 2022 were India ($3.44M), Pakistan ($2.13M), and Italy ($782k).

Latest Trends

September 2024

About

Overview In September 2024 China's Soapstone exports accounted up to $12.1M and imports accounted up to $3.9M, resulting in a positive trade balance of $8.2M. Between September 2023 and September 2024 the exports of China's   Soapstone have decreased by $-541k (-4.28%) from $12.6M to $12.1M, while imports increased by $1.71M (78.3%) from $2.19M to $3.9M.

Destinations In September 2024, Soapstone were exported mostly to Japan ($3.83M), South Korea ($1.94M), Thailand ($1.85M), Indonesia ($863k), and Chinese Taipei ($714k), and were imported mostly from Pakistan ($732k), United States ($587k), Netherlands ($555k), Italy ($551k), and India ($473k).

Growth In September 2024, the decrease in Soapstone's year-by-year exports was explained primarily by a decrease in exports to Japan ($-1.88M or -52.3%), Thailand ($-531k or -30.3%), and Indonesia ($-432k or -29.8%). In September 2024, the increase in Soapstone's year-by-year imports was explained primarily by an increase in imports from Pakistan ($145k or 78.3%), Belgium ($75.9k or 837%), and Australia ($47.2k or 2.12k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-541k(-4.28%)
IMPORT GROWTH (September 2023 - September 2024)$1.71M(78.3%)
MAIN EXPORTER (September 2024)Liaoning Province$8.31M
MAIN DESTINATION (September 2024)Japan$3.83M

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 (2022)$195M
IMPORTS (2022)$37.9M
NET TRADE (2022)$157M

In 2022, China exported $195M in Soapstone. The main destinations of China exports on Soapstone were Japan ($54.7M), Thailand ($25.6M), South Korea ($20M), Indonesia ($15.7M), and United States ($11.7M).

In 2022, China imported $37.9M in Soapstone, mainly from Netherlands ($6.15M), Pakistan ($5.76M), United States ($5.42M), India ($4.52M), and Italy ($3.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soapstone EXPORT MARKETS FOR China WERE (2021 - 2022):
Chinese Taipei$2.9M (36.2%)
Vietnam$2.34M (30.6%)
Mexico$1.35M (60.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soapstone BY China WERE (2021 - 2022):
Japan-$5.01M (-8.39%)
Thailand-$2.44M (-8.7%)
Italy-$2.12M (-74%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Soapstone were:
United States $116M
Pakistan $113M
In 2022, China's main importing competitors in Soapstone were:
Germany $124M
United States $123M
Japan $83.6M

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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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