2022
Exports
$312MWorld Rnk 8 / 202
Flag Rnk 192 / 1193
2022
PRODUCT COMPLEXITY IN Soap
-1.11Rnk 858 / 1025
2022
Imports
$112MWorld Rnk 18 / 223
Flag Rnk 458 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $312M in Soap, making it the 8th largest exporter of Soap in the world. At the same year, Soap was the 192nd most exported product in Mexico. The main destination of Soap exports from Mexico are: United States ($232M), Cuba ($22M), Guatemala ($10.1M), Panama ($6.36M), and Costa Rica ($5.91M).

The fastest growing export markets for Soap of Mexico between 2021 and 2022 were United States ($61.5M), Cuba ($14.8M), and Australia ($2.53M).

Imports In 2022, Mexico imported $112M in Soap, becoming the 18th largest importer of Soap in the world. At the same year, Soap was the 458th most imported product in Mexico. Mexico imports Soap primarily from: United States ($52.8M), Germany ($30.5M), Guatemala ($6.59M), Brazil ($6.01M), and China ($5.51M).

The fastest growing import markets in Soap for Mexico between 2021 and 2022 were United States ($7.26M), Germany ($5.85M), and Guatemala ($1.96M).

COMPANIES In 2023, leading companies such as L'Oreal (1) were at the forefront of shipping Soap from Mexico to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Soap. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$312M
IMPORTS (2022)$112M
NET TRADE (2022)$200M

In 2022, Mexico exported $312M in Soap. The main destinations of Mexico exports on Soap were United States ($232M), Cuba ($22M), Guatemala ($10.1M), Panama ($6.36M), and Costa Rica ($5.91M).

In 2022, Mexico imported $112M in Soap, mainly from United States ($52.8M), Germany ($30.5M), Guatemala ($6.59M), Brazil ($6.01M), and China ($5.51M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soap EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$61.5M (36%)
Cuba$14.8M (206%)
Australia$2.53M (9.52k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soap BY Mexico WERE (2021 - 2022):
Peru-$1.4M (-39.6%)
El Salvador-$1.23M (-29.2%)
China-$506k (-97.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Soap were:
In 2022, Mexico's main importing competitors in Soap were:

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Trade Value of Soap by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.4M
TOP IMPORT POTENTIALChina+ $5.76M

Soap’s highest export potential is United States. With an export gap of $13.4M.   Soap’s highest import potential is China with an import gap of $5.76M.

See methodology.

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