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Pricing

Soap; organic surface-active preparations used as soap, skin washing, in bars, cakes, moulded pieces, shapes, liquid or cream, containing soap or not; for retail, paper, wadding, felt and nonwovens, impregnated, coated or covered with soap or detergent

3401 (Harmonized System 1992 for 4-digit)

2022
World Trade $8.51BRnk 418 / 1218
2022
Top Exporter | Top Importer $860M | $730MIndonesia | United States
2022
Product Complexity -1.11Rnk 870 / 1033
2021 - 2022
Export Growth (CAGR) 2.96%Rnk 712 / 1218
2022
Share of World Trade 0.036%Rnk 418 / 1218

About

Overview This page contains the latest trade data of Soap. In 2022, Soap were the world's 418th most traded product, with a total trade of $8.51B. Between 2021 and 2022 the exports of Soap grew by 2.96%, from $8.27B to $8.51B. Trade in Soap represent 0.036% of total world trade.

Soap are a part of Soap, cleaners, candles, dental, modelling pastes. They include Soaps, for toilet use, solid, Soaps nes, and Soaps for purposes other than toilet soap, solid.

Exports In 2022 the top exporters of Soap  were Indonesia ($860M), China ($841M), Germany ($664M), Malaysia ($560M), and United States ($525M).

Imports In 2022 the top importers of Soap were United States ($730M), Germany ($489M), Canada ($321M), United Kingdom ($283M), and France ($265M).

Ranking Soap ranks 870th in the Product Complexity Index (PCI).

Description Soap is a surfactant, which is a chemical that lowers the surface tension of water and acts as a detergent. Surfactants are made up of a hydrophilic head (a water-loving end) and a hydrophobic tail (a water-hating end). The hydrophilic heads attach to water molecules and the hydrophobic tails attach to oil and grease.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Soap. Countries are shown based on data availability.

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

Explore Latest Trends

* 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 (2022)Indonesia$860M
Top Destination (2022)United States$730M

In 2022 Soap were the world's 418th most traded product (out of 1,218).

In 2022, the top exporters of Soap were Indonesia ($860M), China ($841M), Germany ($664M), Malaysia ($560M), and United States ($525M).

In 2022, the top importers of Soap were United States ($730M), Germany ($489M), Canada ($321M), United Kingdom ($283M), and France ($265M).

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Exporters of Soap (2022)
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Importers of Soap (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Indonesia$97.1M
Top Destination Growth (2021 -  2022)Philippines$66.1M

Between 2021 and 2022, the exports of Soap grew the fastest in Indonesia ($97.1M), Mexico ($84.1M), China ($81.5M), Turkey ($78.2M), and Malaysia ($65.3M).

Between 2021 and 2022, the fastest growing importers of Soap were Philippines ($66.1M), Kuwait ($37.2M), Canada ($36.2M), Australia ($35.1M), and Zimbabwe ($29.3M).

Explore Visualizations

Exporters of Soap (2021 - 2022)

Importers of Soap (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Soap.

In 2022, market concentration measured using Shannon Entropy, was 5.06. This means that most of the exports of Soap are explained by 33 countries.

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Value of Exports in Soap

Net Trade

TOP NET EXPORTER (2022)Indonesia$822M
TOP NET IMPORTER (2022)Canada$256M

This map shows which countries export or import more of Soap. Each country is colored based on the difference in exports and imports of Soap during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Soap were Indonesia ($822M), China ($682M), Malaysia ($473M), Turkey ($345M), and Poland ($332M).

In 2022, the countries that had a largest trade value in imports than in exports of Soap were Canada ($256M), United States ($205M), Australia ($189M), Philippines ($175M), and Iraq ($139M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Soap, disaggragated by their HS6 level were Soaps, for toilet use, solid ($4B), Soaps for purposes other than toilet... ($2.38B), and Soaps nes ($2.14B)

HS6 Disaggregation for Soap (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Soap by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $24.5M
TOP IMPORT POTENTIALCanada+ $33.7M

Soap’s highest export potential is China. With an export gap of $24.5M.  Soap’s highest import potential is Canada with an import gap of $33.7M.

See methodology.

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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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Soap.

Country by Relatedness

The following visualization shows the relatedness of Soap to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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