2022
Exports
$525MWorld Rnk 5 / 202
Flag Rnk 378 / 1217
2022
PRODUCT COMPLEXITY IN Soap
-1.11Rnk 858 / 1025
2022
Imports
$730MWorld Rnk 1 / 223
Flag Rnk 460 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $525M in Soap, making it the 5th largest exporter of Soap in the world. At the same year, Soap was the 378th most exported product in United States. The main destination of Soap exports from United States are: Canada ($263M), Mexico ($52.8M), Japan ($16.4M), Australia ($14.5M), and South Korea ($13.2M).

The fastest growing export markets for Soap of United States between 2021 and 2022 were Canada ($33.7M), Mexico ($7.26M), and Philippines ($6.38M).

Imports In 2022, United States imported $730M in Soap, becoming the 1st largest importer of Soap in the world. At the same year, Soap was the 460th most imported product in United States. United States imports Soap primarily from: Mexico ($232M), China ($168M), Canada ($53.5M), Turkey ($39.9M), and Italy ($29.1M).

The fastest growing import markets in Soap for United States between 2021 and 2022 were Mexico ($61.5M), Turkey ($19.2M), and Thailand ($7.73M).

COMPANIES In 2023, leading companies such as GLOBAL ETRADE SERVICES INC (66), WALMART INC (24), and 99 CENTS ONLY STORES LLC (18) were at the forefront of shipping Soap to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$14.8M(17.3%)
IMPORT GROWTH (February 2023 - February 2024)$14.4M(12.4%)
MAIN EXPORTER (February 2024)Ohio$19.3M
MAIN DESTINATION (February 2024)Canada$49.5M

This section shows Soap's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Soap over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$525M
IMPORTS (2022)$730M
NET TRADE (2022)-$205M

In 2022, United States exported $525M in Soap. The main destinations of United States exports on Soap were Canada ($263M), Mexico ($52.8M), Japan ($16.4M), Australia ($14.5M), and South Korea ($13.2M).

In 2022, United States imported $730M in Soap, mainly from Mexico ($232M), China ($168M), Canada ($53.5M), Turkey ($39.9M), and Italy ($29.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soap EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$33.7M (14.7%)
Mexico$7.26M (15.9%)
Philippines$6.38M (97.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soap BY United States WERE (2021 - 2022):
Panama-$5.59M (-64.9%)
Singapore-$3.73M (-34.7%)
Belgium-$3.67M (-75.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Soap were:
In 2022, United States's main importing competitors in Soap were:

Explore Visualizations

Trade Value of Soap by Exporters

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