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2022
Exports $3.31BWorld Rnk 6 / 216
Flag Rnk 208 / 1216
2022
Destination $71.5M United States
2021 - 2022
FASTEST GROWING MARKET $71.5MIndonesia
2022
PRODUCT COMPLEXITY IN Beauty Products0.42Rnk 400 / 1025
2022
Imports $11.1BWorld Rnk 1 / 223
Flag Rnk 26 / 1212
2022
Origin $44.8M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $44.8MNetherlands
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $3.31B in Beauty Products, making it the 6th largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 208th most exported product in China. The main destination of Beauty Products exports from China are: United States ($701M), Hong Kong ($335M), United Kingdom ($279M), Indonesia ($126M), and France ($114M).

The fastest growing export markets for Beauty Products of China between 2021 and 2022 were Indonesia ($71.5M), Thailand ($38.1M), and United States ($37.9M).

Imports In 2022, China imported $11.1B in Beauty Products, becoming the 1st largest importer of Beauty Products in the world. At the same year, Beauty Products was the 26th most imported product in China. China imports Beauty Products primarily from: South Korea ($3.05B), Japan ($2.27B), France ($1.82B), Singapore ($1.62B), and United States ($751M).

The fastest growing import markets in Beauty Products for China between 2021 and 2022 were Netherlands ($44.8M), Singapore ($43M), and United States ($42.9M).

COMPANIES In 2023, leading companies such as CrimsonLogic (186), Walgreens (95), and L'Oreal (55) were at the forefront of shipping Beauty Products from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Beauty Products exports accounted up to $336M and imports accounted up to $1.2B, resulting in a negative trade balance of $867M. Between October 2023 and October 2024 the exports of China's   Beauty Products have increased by $53.1M (18.8%) from $283M to $336M, while imports decreased by $-96.5M (-7.43%) from $1.3B to $1.2B.

Destinations In October 2024, Beauty Products were exported mostly to United States ($75.3M), Hong Kong ($29.6M), Indonesia ($23.8M), United Kingdom ($22.8M), and Russia ($14.1M), and were imported mostly from France ($306M), Japan ($229M), South Korea ($188M), United Kingdom ($145M), and United States ($144M).

Growth In October 2024, the increase in Beauty Products's year-by-year exports was explained primarily by an increase in exports to Thailand ($11.6M or 273%), Indonesia ($7.93M or 95.8%), and United States ($5.76M or 9.5%). In October 2024, the decrease in Beauty Products's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-118M or -48.9%), Japan ($-115M or -38.3%), and France ($-76M or -22.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$53.1M(18.8%)
IMPORT GROWTH (October 2023 - October 2024)$-96.5M(-7.43%)
MAIN EXPORTER (October 2024)Guangdong Province$166M
MAIN DESTINATION (October 2024)United States$75.3M

This section shows Beauty Products's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Beauty Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.31B
IMPORTS (2022)$11.1B
NET TRADE (2022)-$7.83B

In 2022, China exported $3.31B in Beauty Products. The main destinations of China exports on Beauty Products were United States ($701M), Hong Kong ($335M), United Kingdom ($279M), Indonesia ($126M), and France ($114M).

In 2022, China imported $11.1B in Beauty Products, mainly from South Korea ($3.05B), Japan ($2.27B), France ($1.82B), Singapore ($1.62B), and United States ($751M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$71.5M (132%)
Thailand$38.1M (91.9%)
United States$37.9M (5.72%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY China WERE (2021 - 2022):
Hong Kong-$122M (-26.6%)
China-$22.4M (-22.2%)
Saudi Arabia-$17.2M (-50.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Beauty Products were:
France $10.8B
South Korea $7.09B
United States $6.02B
In 2022, China's main importing competitors in Beauty Products were:
United States $5.77B
Hong Kong $3.78B

Explore Visualizations

Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $100M
TOP IMPORT POTENTIALUnited States+ $207M

Beauty Products’s highest export potential is United States. With an export gap of $100M.   Beauty Products’s highest import potential is United States with an import gap of $207M.

See methodology.

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