Soap3401 (Harmonized System 1992 for 4-digit)
2020 World Trade: $8.49B, Rnk 350 / 1217
2020 Top Exporter | Top Importer: $1.15B | $1.01B, United States | China
2020 Product Complexity: -1.1, Rnk 864 / 1028
2019 - 2020 Export Growth (CAGR): 18.7%, Rnk 57 / 1217
2018 Mean Tariff: 14.3%, Rnk 213 / 1259
2020 Share of World Trade: 0.051%, Rnk 350 / 1217
Overview This page contains the latest trade data of Soap. In 2020, Soap were the world's 350th most traded product, with a total trade of $8.49B. Between 2019 and 2020 the exports of Soap grew by 18.7%, from $7.15B to $8.49B. Trade in Soap represent 0.051% of total world trade.
Soap are a part of Soap, organic surface-active agents; washing, lubricating, polishing or scouring preparations; artificial or.... They include Soaps, for toilet use, solid, Soaps nes, and Soaps for purposes other than toilet soap, solid.
Exports In 2020 the top exporters of Soap were China ($1.15B), Germany ($672M), Indonesia ($652M), United States ($508M), and Malaysia ($504M).
Imports In 2020 the top importers of Soap were United States ($1.01B), Germany ($457M), United Kingdom ($397M), Canada ($349M), and France ($270M).
Tariffs In 2018 the average tariff for Soap was 14.3%, making it the 213th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Soap are Iran (48.8%), Cape Verde (43.6%), Syria (38.6%), and Turkmenistan (37.5%). The countries with the lowest tariffs are Hong Kong (0%), Japan (0%), Singapore (0%), Switzerland (0%), and Norway (0%).
Ranking Soap ranks 864th 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.
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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): China, $1.15B
Top Destination (2020): United States, $1.01B
Soap are the world's 350th most traded product.
In 2020, the top exporters of Soap were China ($1.15B), Germany ($672M), Indonesia ($652M), United States ($508M), and Malaysia ($504M).
In 2020, the top importers of Soap were United States ($1.01B), Germany ($457M), United Kingdom ($397M), Canada ($349M), and France ($270M).
Trade by country
Top Origin Growth (2019 - 2020): China, $535M
Top Destination Growth (2019 - 2020): United States, $514M
Between 2019 and 2020, the exports of Soap grew the fastest in China ($535M), Turkey ($137M), Poland ($94.3M), Indonesia ($74.2M), and Mexico ($70.6M).
Between 2019 and 2020, the fastest growing importers of Soap were United States ($514M), United Kingdom ($133M), Germany ($78.4M), Australia ($60.9M), and Canada ($54.5M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Soap.
In 2020, market concentration measured using Shannon Entropy, was 5.02. This means that most of the exports of Soap are explained by 32 countries.
TOP NET EXPORTER (2020): China, $1B
TOP NET IMPORTER (2020): United States, $502M
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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Soap were China ($1B), Indonesia ($602M), Malaysia ($432M), Turkey ($382M), and Poland ($324M).
In 2020, the countries that had a largest trade value in imports than in exports of Soap were United States ($502M), Canada ($297M), Australia ($192M), Philippines ($118M), and Iraq ($110M).
In 2019, the world most traded Soap, disaggragated by their HS6 level were Soaps, for toilet use, solid ($3.77B), Soaps for purposes other than toilet... ($2.56B), and Soaps nes ($2.16B)
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.
In 2018, the average tariff for importing Soap was 14.3%. The countries with the highest tariffs for importing Soap were Iran (48.8%), Cape Verde (43.6%), Syria (38.6%), and Turkmenistan (37.5%).
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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