Analysis and Studies - Products analysis
Beauty products: import and export
September 26th 2022
"Beauty products" consist of skincare items like moisturizers, exfoliators, and toners, as well as cosmetics like lipstick, eye shadow, and mascara.
In 2020, they were the world's 57th most traded product, with a total trade of $54 billion.
The top exporters of beauty products were France ($9.02 billion), South Korea ($6.45 billion), the United States ($5.18 billion), Japan ($4.99 billion), and Germany ($3.37 billion). China ($11.1 billion), Hong Kong ($5.2 billion), the United States ($4.17 billion), Germany ($2.4 billion), and Singapore ($2.32 billion) were the top importers.
Between 2019 and 2020, the exports of beauty products grew the fastest in South Korea ($1.06 billion), Japan ($684 million), Singapore ($493 million), Switzerland ($221 million), and Poland ($195 million). The fastest growing importers were China ($2.58 billion), Hong Kong ($313 million), Kazakhstan ($166 million), Poland ($107 million), and Switzerland ($61.6 million).
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