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Pricing

Essential oils and resinoids; perfumery, cosmetic or toilet preparations

33 (Harmonized System 1992 for 2-digit)

2023
World Trade $172BRnk 24 / 96
2023
Top Exporter | Top Importer $29.3B | $19.5BFrance | United States
2023
Product Complexity 0.83Rnk 24 / 96
2022 - 2023
Export Growth (CAGR) 7.8%Rnk 10 / 96
2023
Share of World Trade 0.76%Rnk 24 / 96

About

Overview This page contains the latest trade data of Perfumery & cosmetics. In 2023, Perfumery & cosmetics were the world's 24th most traded product, with a total trade of $172B. Between 2022 and 2023 the exports of Perfumery & cosmetics grew by 7.8%, from $160B to $172B. Trade in Perfumery & cosmetics represent 0.76% of total world trade.

Perfumery & cosmetics are a part of Chemical Products. They include Beauty Products, Scented Mixtures, Perfumes, Hair Products, Shaving Products, Dental Products, and Essential Oils.

Exports In 2023 the top exporters of Perfumery & cosmetics  were France ($29.3B), United States ($15.1B), Germany ($12.1B), Ireland ($10.7B), and Italy ($9.33B).

Imports In 2023 the top importers of Perfumery & cosmetics were United States ($19.5B), China ($13B), Germany ($8.77B), United Kingdom ($7.46B), and France ($7.2B).

Ranking Perfumery & cosmetics ranks 24th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Perfumery & cosmetics. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)France$29.3B
Top Destination (2023)United States$19.5B

In 2023 Perfumery & cosmetics were the world's 24th most traded product (out of 96).

In 2023, the top exporters of Perfumery & cosmetics were France ($29.3B), United States ($15.1B), Germany ($12.1B), Ireland ($10.7B), and Italy ($9.33B).

In 2023, the top importers of Perfumery & cosmetics were United States ($19.5B), China ($13B), Germany ($8.77B), United Kingdom ($7.46B), and France ($7.2B).

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Exporters of Perfumery & cosmetics (2023)
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Importers of Perfumery & cosmetics (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$3.05B
Top Destination Growth (2022 -  2023)South Korea$1.51B

Between 2022 and 2023, the exports of Perfumery & cosmetics grew the fastest in France ($3.05B), Spain ($1.61B), Italy ($1.56B), Singapore ($1.33B), and Germany ($1.01B).

Between 2022 and 2023, the fastest growing importers of Perfumery & cosmetics were South Korea ($1.51B), France ($1.03B), United Kingdom ($821M), Germany ($813M), and United States ($666M).

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Exporters of Perfumery & cosmetics (2022 - 2023)

Importers of Perfumery & cosmetics (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Perfumery & cosmetics.

In 2023, market concentration measured using Shannon Entropy, was 4.73. This means that most of the exports of Perfumery & cosmetics are explained by 26 countries.

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Value of Exports in Perfumery & cosmetics

Net Trade

TOP NET EXPORTER (2023)France$22.1B
TOP NET IMPORTER (2023)Hong Kong$6.42B

This map shows which countries export or import more of Perfumery & cosmetics. Each country is colored based on the difference in exports and imports of Perfumery & cosmetics during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Perfumery & cosmetics were France ($22.1B), Ireland ($9.04B), Italy ($5.08B), South Korea ($5.05B), and Spain ($3.36B).

In 2023, the countries that had a largest trade value in imports than in exports of Perfumery & cosmetics were Hong Kong ($6.42B), China ($4.58B), United States ($4.36B), Russia ($2.41B), and Australia ($1.86B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Perfumery & cosmetics, disaggragated by their HS6 level were Beauty Products ($70.4B), Scented Mixtures ($30.2B), Perfumes ($26.9B), Hair Products ($17.5B), and Shaving Products ($14.5B)

HS6 Disaggregation for Perfumery & cosmetics (2023)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Perfumery & cosmetics.
It is possible to select the main countries that export or import Perfumery & cosmetics in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Perfumery & cosmetics by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $41.2M
TOP IMPORT POTENTIALFrance+ $46.9M

Perfumery & cosmetics’s highest export potential is United Kingdom. With an export gap of $41.2M.  Perfumery & cosmetics’s highest import potential is France with an import gap of $46.9M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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