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340120 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.12BRnk 1380 / 4644
2023
Top Exporter | Top Importer $534M | $110MIndonesia | United States
2023
Product Complexity -1.15Rnk 3951 / 4656
2022 - 2023
Export Growth (CAGR) -6.91%Rnk 2339 / 4644
2023
Share of World Trade 0.0094%Rnk 1380 / 4644

About

Overview This page contains the latest trade data of Soaps nes. In 2023, Soaps nes were the world's 1380th most traded product, with a total trade of $2.12B. Between 2022 and 2023 the exports of Soaps nes decreased by -6.91%, from $2.27B to $2.12B. Trade in Soaps nes represent 0.0094% of total world trade.

Soaps nes are a part of Soap.

Exports In 2023 the top exporters of Soaps nes  were Indonesia ($534M), Malaysia ($288M), Poland ($118M), United States ($92.3M), and Germany ($84.2M).

Imports In 2023 the top importers of Soaps nes were United States ($110M), Ethiopia ($104M), Germany ($93M), India ($82.1M), and France ($79.1M).

Ranking Soaps nes ranks 3951st in the Product Complexity Index (PCI).

Description Soaps are used to clean the skin and hair. They also are used to clean clothes.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Soaps nes. 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)Indonesia$534M
Top Destination (2023)United States$110M

In 2023 Soaps nes were the world's 1380th most traded product (out of 4,644).

In 2023, the top exporters of Soaps nes were Indonesia ($534M), Malaysia ($288M), Poland ($118M), United States ($92.3M), and Germany ($84.2M).

In 2023, the top importers of Soaps nes were United States ($110M), Ethiopia ($104M), Germany ($93M), India ($82.1M), and France ($79.1M).

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Exporters of Soaps nes (2023)
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Importers of Soaps nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Djibouti$15.5M
Top Destination Growth (2022 -  2023)Ethiopia$38.9M

Between 2022 and 2023, the exports of Soaps nes grew the fastest in Djibouti ($15.5M), Spain ($15.1M), Poland ($14.5M), Bahrain ($9.35M), and Brazil ($8.22M).

Between 2022 and 2023, the fastest growing importers of Soaps nes were Ethiopia ($38.9M), Djibouti ($21.1M), Malawi ($9.89M), Sudan ($7.12M), and Germany ($5.98M).

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Exporters of Soaps nes (2022 - 2023)

Importers of Soaps nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Soaps nes.

In 2023, market concentration measured using Shannon Entropy, was 4.5. This means that most of the exports of Soaps nes are explained by 22 countries.

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Value of Exports in Soaps nes

Net Trade

TOP NET EXPORTER (2023)Indonesia$521M
TOP NET IMPORTER (2023)Ethiopia$104M

This map shows which countries export or import more of Soaps nes. Each country is colored based on the difference in exports and imports of Soaps nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Soaps nes were Indonesia ($521M), Malaysia ($279M), Poland ($85.9M), Spain ($41.1M), and South Africa ($38.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Soaps nes were Ethiopia ($104M), India ($66.8M), Philippines ($64.6M), United Arab Emirates ($57.4M), and Angola ($53.1M).

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 Soaps nes.
It is possible to select the main countries that export or import Soaps nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Soaps nes 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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