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330410 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.12BRnk 716 / 4644
2023
Top Exporter | Top Importer $1.13B | $716MFrance | United States
2023
Product Complexity 1.07Rnk 679 / 4656
2022 - 2023
Export Growth (CAGR) 27.9%Rnk 168 / 4644
2023
Share of World Trade 0.023%Rnk 716 / 4644

About

Overview This page contains the latest trade data of Lip make-up preparations. In 2023, Lip make-up preparations were the world's 716th most traded product, with a total trade of $5.12B. Between 2022 and 2023 the exports of Lip make-up preparations grew by 27.9%, from $4B to $5.12B. Trade in Lip make-up preparations represent 0.023% of total world trade.

Lip make-up preparations are a part of Beauty Products.

Exports In 2023 the top exporters of Lip make-up preparations  were France ($1.13B), China ($632M), Italy ($488M), South Korea ($469M), and United States ($440M).

Imports In 2023 the top importers of Lip make-up preparations were United States ($716M), China ($467M), Germany ($276M), Singapore ($266M), and South Korea ($264M).

Ranking Lip make-up preparations ranks 679th in the Product Complexity Index (PCI).

Description Lip make-up preparations make the lips appear fuller by filling in the line between the lip and skin. They can provide an extra level of protection for the lips against the sun's harmful UV rays, which can dry lips out and even lead to cancer. Lip make-up preparations can also make the color of the lips stand out more, create a uniform color, or simply be used to make the lips appear more natural.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Lip make-up preparations. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)France$1.13B
Top Destination (2023)United States$716M

In 2023 Lip make-up preparations were the world's 716th most traded product (out of 4,644).

In 2023, the top exporters of Lip make-up preparations were France ($1.13B), China ($632M), Italy ($488M), South Korea ($469M), and United States ($440M).

In 2023, the top importers of Lip make-up preparations were United States ($716M), China ($467M), Germany ($276M), Singapore ($266M), and South Korea ($264M).

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Exporters of Lip make-up preparations (2023)
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Importers of Lip make-up preparations (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$175M
Top Destination Growth (2022 -  2023)South Korea$172M

Between 2022 and 2023, the exports of Lip make-up preparations grew the fastest in China ($175M), South Korea ($171M), France ($155M), Germany ($100M), and Singapore ($88.5M).

Between 2022 and 2023, the fastest growing importers of Lip make-up preparations were South Korea ($172M), United States ($90.9M), France ($76.8M), Singapore ($67.5M), and Germany ($62.8M).

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Exporters of Lip make-up preparations (2022 - 2023)

Importers of Lip make-up preparations (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lip make-up preparations.

In 2023, market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Lip make-up preparations are explained by 15 countries.

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Value of Exports in Lip make-up preparations

Net Trade

TOP NET EXPORTER (2023)France$914M
TOP NET IMPORTER (2023)United States$276M

This map shows which countries export or import more of Lip make-up preparations. Each country is colored based on the difference in exports and imports of Lip make-up preparations during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Lip make-up preparations were France ($914M), Italy ($375M), South Korea ($205M), China ($166M), and Belgium ($85.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Lip make-up preparations were United States ($276M), United Arab Emirates ($120M), Hong Kong ($98.9M), Australia ($93.1M), and Spain ($82.8M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Lip make-up preparations.
It is possible to select the main countries that export or import Lip make-up preparations in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Lip make-up preparations by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

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