Beauty Products3304 (Harmonized System 1992 for 4-digit)
2020 World Trade: $54B, Rnk 57 / 1217
2020 Top Exporter | Top Importer: $9.02B | $11.1B, France | China
2020 Product Complexity: 0.27, Rnk 453 / 1028
2019 - 2020 Export Growth (CAGR): -3.57%, Rnk 466 / 1217
2018 Mean Tariff: 15.1%, Rnk 182 / 1259
2020 Share of World Trade: 0.32%, Rnk 57 / 1217
Overview This page contains the latest trade data of Beauty Products. In 2020, Beauty Products were the world's 57th most traded product, with a total trade of $54B. Between 2019 and 2020 the exports of Beauty Products decreased by -3.57%, from $56B to $54B. Trade in Beauty Products represent 0.32% of total world trade.
Beauty Products are a part of Perfumery & cosmetics. They include Beauty, makeup and suntan preparations nes, Eye make-up preparations, Lip make-up preparations, Powders, for skin care and make-up, and Manicure or pedicure preparations.
Exports In 2020 the top exporters of Beauty Products were France ($9.02B), South Korea ($6.45B), United States ($5.18B), Japan ($4.99B), and Germany ($3.37B).
Imports In 2020 the top importers of Beauty Products were China ($11.1B), Hong Kong ($5.2B), United States ($4.17B), Germany ($2.4B), and Singapore ($2.32B).
Tariffs In 2018 the average tariff for Beauty Products was 15.1%, making it the 182nd lowest tariff using the HS4 product classification.
Ranking Beauty Products ranks 453rd in the Product Complexity Index (PCI).
Description Beauty preparations are products that are used to enhance a person's appearance. They include make-up, such as lipstick, eye shadow, and mascara, as well as skin care products, such as moisturizers, exfoliators, and toners. Sunscreen or suntan preparations are also a type of beauty preparation that is applied to the skin to protect it from the sun's harmful UV rays.
The following visualization shows the latest trends on Beauty Products. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Beauty Products are the world's 57th most traded product.
In 2020, the top exporters of Beauty Products were France ($9.02B), South Korea ($6.45B), United States ($5.18B), Japan ($4.99B), and Germany ($3.37B).
In 2020, the top importers of Beauty Products were China ($11.1B), Hong Kong ($5.2B), United States ($4.17B), Germany ($2.4B), and Singapore ($2.32B).
Trade by country
Top Origin Growth (2019 - 2020): South Korea, $1.06B
Top Destination Growth (2019 - 2020): China, $2.58B
Between 2019 and 2020, the exports of Beauty Products grew the fastest in South Korea ($1.06B), Japan ($684M), Singapore ($493M), Switzerland ($221M), and Poland ($195M).
Between 2019 and 2020, the fastest growing importers of Beauty Products were China ($2.58B), Hong Kong ($313M), Kazakhstan ($166M), Poland ($107M), and Switzerland ($61.6M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Beauty Products.
In 2020, market concentration measured using Shannon Entropy, was 4.41. This means that most of the exports of Beauty Products are explained by 21 countries.
This map shows which countries export or import more of Beauty Products. Each country is colored based on the difference in exports and imports of Beauty Products during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Beauty Products were France ($7.37B), South Korea ($5.37B), Japan ($3.73B), United States ($1.01B), and Germany ($975M).
In 2020, the countries that had a largest trade value in imports than in exports of Beauty Products were China ($8.66B), Hong Kong ($4.88B), Russia ($825M), Saudi Arabia ($802M), and Vietnam ($360M).
In 2020, the world most traded Beauty Products, disaggragated by their HS6 level were Beauty, makeup and suntan preparations nes ($43.8B), Eye make-up preparations ($3.92B), Lip make-up preparations ($3.23B), Powders, for skin care and make-up ($1.77B), and Manicure or pedicure preparations ($1.32B)
This visualization shows the countries that have an important ratio of their trade related to Beauty Products. It is possible to select the main countries that export or import Beauty Products in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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