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2022
Exports $1.23BWorld Rnk 2 / 206
Flag Rnk 232 / 1217
2022
Destination $32.6M Canada
2021 - 2022
FASTEST GROWING MARKET $32.6MCanada
2022
PRODUCT COMPLEXITY IN Shaving Products0.1Rnk 523 / 1025
2022
Imports $1.4BWorld Rnk 1 / 222
Flag Rnk 329 / 1216
2022
Origin $67.6M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $67.6MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.23B in Shaving Products, making it the 2nd largest exporter of Shaving Products in the world. At the same year, Shaving Products was the 232nd most exported product in United States. The main destination of Shaving Products exports from United States are: Canada ($366M), Mexico ($111M), China ($72.6M), Japan ($63.5M), and United Kingdom ($41.8M).

The fastest growing export markets for Shaving Products of United States between 2021 and 2022 were Canada ($32.6M), Mexico ($20.9M), and United Arab Emirates ($12.6M).

Imports In 2022, United States imported $1.4B in Shaving Products, becoming the 1st largest importer of Shaving Products in the world. At the same year, Shaving Products was the 329th most imported product in United States. United States imports Shaving Products primarily from: Mexico ($490M), China ($221M), Canada ($214M), South Korea ($67.9M), and United Kingdom ($63.6M).

The fastest growing import markets in Shaving Products for United States between 2021 and 2022 were Mexico ($67.6M), United Kingdom ($19.2M), and Portugal ($15.7M).

COMPANIES In 2023, leading companies such as L'Oreal (494), Walgreens (175), and CrimsonLogic (156) were at the forefront of shipping Shaving Products to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Shaving Products exports accounted up to $123M and imports accounted up to $124M, resulting in a negative trade balance of $604k. Between August 2023 and August 2024 the exports of United States'   Shaving Products have increased by $17M (16.1%) from $106M to $123M, while imports increased by $13.3M (12.1%) from $110M to $124M.

Destinations In August 2024, Shaving Products were exported mostly to Canada ($51.2M), Mexico ($13.4M), United Kingdom ($7.54M), China ($4.29M), and United Arab Emirates ($3.11M), and were imported mostly from Mexico ($41.7M), Canada ($17.3M), China ($16.2M), South Korea ($8.02M), and United Kingdom ($6.62M).

Growth In August 2024, the increase in Shaving Products's year-by-year exports was explained primarily by an increase in exports to Mexico ($13.5M or 258%), Canada ($4.97M or 18.6%), and United Arab Emirates ($1.89M or 180%). In August 2024, the increase in Shaving Products's year-by-year imports was explained primarily by an increase in imports from Mexico ($5.88M or 27.1%), France ($1.88M or 35.6%), and Spain ($995k or 49.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$17M(16.1%)
IMPORT GROWTH (August 2023 - August 2024)$13.3M(12.1%)
MAIN EXPORTER (August 2024)Ohio$33.6M
MAIN DESTINATION (August 2024)Canada$51.2M

This section shows Shaving Products's exports and imports data at subnational level for United States. 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 Shaving Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.23B
IMPORTS (2022)$1.4B
NET TRADE (2022)-$167M

In 2022, United States exported $1.23B in Shaving Products. The main destinations of United States exports on Shaving Products were Canada ($366M), Mexico ($111M), China ($72.6M), Japan ($63.5M), and United Kingdom ($41.8M).

In 2022, United States imported $1.4B in Shaving Products, mainly from Mexico ($490M), China ($221M), Canada ($214M), South Korea ($67.9M), and United Kingdom ($63.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Shaving Products EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$32.6M (9.78%)
Mexico$20.9M (23.4%)
United Arab Emirates$12.6M (51%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Shaving Products BY United States WERE (2021 - 2022):
United Kingdom-$19.2M (-31.5%)
Vietnam-$16.9M (-77.6%)
Netherlands-$14.8M (-31%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Shaving Products were:
China $1.94B
United Kingdom $1.05B
In 2022, United States's main importing competitors in Shaving Products were:
Germany $841M
Netherlands $630M

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Trade Value of Shaving Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $15.5M
TOP IMPORT POTENTIALChina+ $45.7M

Shaving Products’s highest export potential is Germany. With an export gap of $15.5M.   Shaving Products’s highest import potential is China with an import gap of $45.7M.

See methodology.

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