2023
Exports
$14.6MWorld Rnk 14 / 113
Flag Rnk 403 / 1208
2023
PRODUCT COMPLEXITY IN Soapstone
-0.26Rnk 634 / 1025
2023
Imports
$3.85MWorld Rnk 39 / 191
Flag Rnk 931 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $14.6M in Soapstone, making it the 14th largest exporter of Soapstone in the world. At the same year, Soapstone was the 403rd most exported product in Australia. The main destination of Soapstone exports from Australia are: Japan ($6.3M), United States ($3.78M), Slovenia ($1.51M), Belgium ($1.25M), and Netherlands ($830k).

The fastest growing export markets for Soapstone of Australia between 2022 and 2023 were United States ($1.68M), Belgium ($1.25M), and Saudi Arabia ($113k).

Imports In 2023, Australia imported $3.85M in Soapstone, becoming the 39th largest importer of Soapstone in the world. At the same year, Soapstone was the 931st most imported product in Australia. Australia imports Soapstone primarily from: China ($2.43M), Belgium ($469k), Austria ($386k), United States ($151k), and India ($132k).

The fastest growing import markets in Soapstone for Australia between 2022 and 2023 were Belgium ($234k), Slovenia ($35.9k), and Sri Lanka ($16k).

Latest Trends

Jan 2025

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 Soapstone. 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 (2023)$14.6M
IMPORTS (2023)$3.85M
NET TRADE (2023)$10.7M

In 2023, Australia exported $14.6M in Soapstone. The main destinations of Australia exports on Soapstone were Japan ($6.3M), United States ($3.78M), Slovenia ($1.51M), Belgium ($1.25M), and Netherlands ($830k).

In 2023, Australia imported $3.85M in Soapstone, mainly from China ($2.43M), Belgium ($469k), Austria ($386k), United States ($151k), and India ($132k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soapstone EXPORT MARKETS FOR Australia WERE (2022 - 2023):
United States$1.68M (80.2%)
Belgium$1.25M (1%)
Saudi Arabia$113k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soapstone BY Australia WERE (2022 - 2023):
Japan-$1.35M (-17.6%)
China-$224k (-50.3%)
Netherlands-$221k (-21%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Soapstone were:
In 2023, Australia's main importing competitors in Soapstone were:

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Trade Value of Soapstone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $445k
TOP IMPORT POTENTIALIndia+ $229k

Soapstone’s highest export potential is United States. With an export gap of $445k.   Soapstone’s highest import potential is India with an import gap of $229k.

See methodology.

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