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2022
Exports $7.53BWorld Rnk 6 / 226
Flag Rnk 47 / 96
2022
Destination $148M United States
2021 - 2022
FASTEST GROWING MARKET $148MMalaysia
2022
PRODUCT COMPLEXITY IN Perfumery & cosmetics0.49Rnk 370 / 1025
2022
Imports $14BWorld Rnk 2 / 225
Flag Rnk 25 / 96
2022
Origin $43.4M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $43.4MThailand
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $7.53B in Perfumery & cosmetics, making it the 6th largest exporter of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 47th most exported product in China. The main destination of Perfumery & cosmetics exports from China are: United States ($1.19B), Hong Kong ($692M), Japan ($502M), United Kingdom ($500M), and Malaysia ($306M).

The fastest growing export markets for Perfumery & cosmetics of China between 2021 and 2022 were Malaysia ($148M), Indonesia ($94.2M), and Thailand ($80.8M).

Imports In 2022, China imported $14B in Perfumery & cosmetics, becoming the 2nd largest importer of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 25th most imported product in China. China imports Perfumery & cosmetics primarily from: South Korea ($3.45B), Japan ($2.8B), France ($2.09B), Singapore ($1.85B), and United States ($1.07B).

The fastest growing import markets in Perfumery & cosmetics for China between 2021 and 2022 were Thailand ($43.4M), Netherlands ($25.4M), and Italy ($18.5M).

COMPANIES In 2023, leading companies such as CrimsonLogic (765), Walgreens (276), and Conair (169) were at the forefront of shipping Perfumery & cosmetics from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Perfumery & cosmetics exports accounted up to $744M and imports accounted up to $1.38B, resulting in a negative trade balance of $631M. Between September 2023 and September 2024 the exports of China's   Perfumery & cosmetics have increased by $28.1M (3.93%) from $716M to $744M, while imports decreased by $-131M (-8.67%) from $1.51B to $1.38B.

Destinations In September 2024, Perfumery & cosmetics were exported mostly to United States ($163M), Hong Kong ($69.8M), United Kingdom ($55.2M), Japan ($41.7M), and Indonesia ($37.9M), and were imported mostly from France ($342M), Japan ($224M), South Korea ($221M), United States ($176M), and United Kingdom ($90M).

Growth In September 2024, the increase in Perfumery & cosmetics's year-by-year exports was explained primarily by an increase in exports to Russia ($6.7M or 52%), Thailand ($5.72M or 28.7%), and Brazil ($4.76M or 104%). In September 2024, the decrease in Perfumery & cosmetics's year-by-year imports was explained primarily by a decrease in imports from Japan ($-133M or -39%), South Korea ($-125M or -49%), and France ($-124M or -27%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$28.1M(3.93%)
IMPORT GROWTH (September 2023 - September 2024)$-131M(-8.67%)
MAIN EXPORTER (September 2024)Guangdong Province$291M
MAIN DESTINATION (September 2024)United States$163M

This section shows Perfumery & cosmetics'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 Perfumery & cosmetics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.53B
IMPORTS (2022)$14B
NET TRADE (2022)-$6.45B

In 2022, China exported $7.53B in Perfumery & cosmetics. The main destinations of China exports on Perfumery & cosmetics were United States ($1.19B), Hong Kong ($692M), Japan ($502M), United Kingdom ($500M), and Malaysia ($306M).

In 2022, China imported $14B in Perfumery & cosmetics, mainly from South Korea ($3.45B), Japan ($2.8B), France ($2.09B), Singapore ($1.85B), and United States ($1.07B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumery & cosmetics EXPORT MARKETS FOR China WERE (2021 - 2022):
Malaysia$148M (93%)
Indonesia$94.2M (47.9%)
Thailand$80.8M (54.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumery & cosmetics BY China WERE (2021 - 2022):
Hong Kong-$202M (-22.6%)
China-$29.6M (-21.3%)
United States-$22.4M (-1.85%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Perfumery & cosmetics were:
France $23.4B
United States $14B
Germany $11.5B
In 2022, China's main importing competitors in Perfumery & cosmetics were:
United States $17.8B
Germany $8.42B

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Trade Value of Perfumery & cosmetics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $251M
TOP IMPORT POTENTIALUnited States+ $294M

Perfumery & cosmetics’s highest export potential is United States. With an export gap of $251M.   Perfumery & cosmetics’s highest import potential is United States with an import gap of $294M.

See methodology.

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