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Pricing

Essential oils and resinoids; perfumery, cosmetic or toilet preparations

33 (Harmonized System 1992 for 2-digit)

2022
World Trade $158BRnk 29 / 96
2022
Top Exporter | Top Importer $23.4B | $17.8BFrance | United States
2022
Product Complexity 0.68Rnk 26 / 96
2021 - 2022
Export Growth (CAGR) 3.04%Rnk 62 / 96
2022
Share of World Trade 0.67%Rnk 29 / 96

About

Overview This page contains the latest trade data of Perfumery & cosmetics. In 2022, Perfumery & cosmetics were the world's 29th most traded product, with a total trade of $158B. Between 2021 and 2022 the exports of Perfumery & cosmetics grew by 3.04%, from $154B to $158B. Trade in Perfumery & cosmetics represent 0.67% 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 2022 the top exporters of Perfumery & cosmetics  were France ($23.4B), United States ($14B), Germany ($11.5B), Ireland ($11B), and South Korea ($8.17B).

Imports In 2022 the top importers of Perfumery & cosmetics were United States ($17.8B), China ($14B), Germany ($8.42B), United Kingdom ($6.7B), and France ($6.13B).

Ranking Perfumery & cosmetics ranks 26th 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 (2022)France$23.4B
Top Destination (2022)United States$17.8B

In 2022 Perfumery & cosmetics were the world's 29th most traded product (out of 96).

In 2022, the top exporters of Perfumery & cosmetics were France ($23.4B), United States ($14B), Germany ($11.5B), Ireland ($11B), and South Korea ($8.17B).

In 2022, the top importers of Perfumery & cosmetics were United States ($17.8B), China ($14B), Germany ($8.42B), United Kingdom ($6.7B), and France ($6.13B).

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Exporters of Perfumery & cosmetics (2022)
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Importers of Perfumery & cosmetics (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)France$1.26B
Top Destination Growth (2021 -  2022)United States$2.2B

Between 2021 and 2022, the exports of Perfumery & cosmetics grew the fastest in France ($1.26B), United Arab Emirates ($1.11B), Ireland ($1.05B), China ($637M), and United States ($553M).

Between 2021 and 2022, the fastest growing importers of Perfumery & cosmetics were United States ($2.2B), Saudi Arabia ($868M), United Arab Emirates ($798M), Kuwait ($529M), and Spain ($500M).

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Exporters of Perfumery & cosmetics (2021 - 2022)

Importers of Perfumery & cosmetics (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.81. This means that most of the exports of Perfumery & cosmetics are explained by 28 countries.

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Value of Exports in Perfumery & cosmetics

Net Trade

TOP NET EXPORTER (2022)France$17.2B
TOP NET IMPORTER (2022)China$6.45B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Perfumery & cosmetics were France ($17.2B), Ireland ($9.58B), South Korea ($5.78B), Germany ($3.12B), and Italy ($2.98B).

In 2022, the countries that had a largest trade value in imports than in exports of Perfumery & cosmetics were China ($6.45B), Hong Kong ($4.52B), United States ($3.75B), Saudi Arabia ($2.89B), and Russia ($2.05B).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Perfumery & cosmetics, disaggragated by their HS6 level were Beauty Products ($62.3B), Scented Mixtures ($30.5B), Perfumes ($22.1B), Hair Products ($16.7B), and Shaving Products ($14.5B)

HS6 Disaggregation for Perfumery & cosmetics (2022)
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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 (2022)

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