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340120 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.14BRnk 1425 / 4648
2022
Top Exporter | Top Importer $523M | $101MIndonesia | India
2022
Product Complexity -1.2Rnk 4021 / 4653
2021 - 2022
Export Growth (CAGR) 2.06%Rnk 2662 / 4648
2022
Share of World Trade 0.009%Rnk 1425 / 4648

About

Overview This page contains the latest trade data of Soaps nes. In 2022, Soaps nes were the world's 1425th most traded product, with a total trade of $2.14B. Between 2021 and 2022 the exports of Soaps nes grew by 2.06%, from $2.09B to $2.14B. Trade in Soaps nes represent 0.009% of total world trade.

Soaps nes are a part of Soap.

Exports In 2022 the top exporters of Soaps nes  were Indonesia ($523M), Malaysia ($354M), Poland ($106M), United States ($104M), and Thailand ($75M).

Imports In 2022 the top importers of Soaps nes were India ($101M), Philippines ($97M), United States ($95.6M), China ($85.4M), and United Arab Emirates ($82.3M).

Ranking Soaps nes ranks 4021st in the Product Complexity Index (PCI).

Description Soaps are used to clean the skin and hair. They also are used to clean clothes.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Soaps nes. 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)Indonesia$523M
Top Destination (2022)India$101M

In 2022 Soaps nes were the world's 1425th most traded product (out of 4,648).

In 2022, the top exporters of Soaps nes were Indonesia ($523M), Malaysia ($354M), Poland ($106M), United States ($104M), and Thailand ($75M).

In 2022, the top importers of Soaps nes were India ($101M), Philippines ($97M), United States ($95.6M), China ($85.4M), and United Arab Emirates ($82.3M).

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Exporters of Soaps nes (2022)
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Importers of Soaps nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Malaysia$37.8M
Top Destination Growth (2021 -  2022)Philippines$33.8M

Between 2021 and 2022, the exports of Soaps nes grew the fastest in Malaysia ($37.8M), Indonesia ($31.5M), Mexico ($21.9M), Pakistan ($17M), and United States ($16M).

Between 2021 and 2022, the fastest growing importers of Soaps nes were Philippines ($33.8M), Zimbabwe ($15.7M), India ($13.7M), Angola ($12.5M), and Turkey ($11M).

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Exporters of Soaps nes (2021 - 2022)

Importers of Soaps nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Soaps nes.

In 2022, market concentration measured using Shannon Entropy, was 4.4. This means that most of the exports of Soaps nes are explained by 21 countries.

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Value of Exports in Soaps nes

Net Trade

TOP NET EXPORTER (2022)Indonesia$513M
TOP NET IMPORTER (2022)Philippines$94.3M

This map shows which countries export or import more of Soaps nes. Each country is colored based on the difference in exports and imports of Soaps nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Soaps nes were Indonesia ($513M), Malaysia ($338M), Poland ($73.2M), Thailand ($43.3M), and Mexico ($39.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Soaps nes were Philippines ($94.3M), India ($85.4M), Angola ($59M), United Arab Emirates ($55.2M), and Australia ($46M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Soaps nes by percentage of total exports

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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