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2022
Exports $82MWorld Rnk 58 / 195
Flag Rnk 81 / 96
2022
Destination $4.52M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $4.52MTogo
2022
PRODUCT COMPLEXITY IN Cereals-0.36Rnk 663 / 1025
2022
Imports $8.51BWorld Rnk 2 / 222
Flag Rnk 21 / 96
2022
Origin $1.02B United States
2021 - 2022
FASTEST GROWING ORIGIN $1.02BBrazil
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $82M in Cereals, making it the 58th largest exporter of Cereals in the world. At the same year, Cereals was the 81st most exported product in Japan. The main destination of Cereals exports from Japan are: Hong Kong ($18.1M), Singapore ($9.67M), United States ($9.47M), Chinese Taipei ($5.65M), and Togo ($4.52M).

The fastest growing export markets for Cereals of Japan between 2021 and 2022 were Togo ($4.52M), United States ($3.46M), and Niger ($2.61M).

Imports In 2022, Japan imported $8.51B in Cereals, becoming the 2nd largest importer of Cereals in the world. At the same year, Cereals was the 21st most imported product in Japan. Japan imports Cereals primarily from: United States ($4.57B), Brazil ($1.35B), Australia ($980M), Canada ($874M), and Argentina ($240M).

The fastest growing import markets in Cereals for Japan between 2021 and 2022 were Brazil ($1.02B), Australia ($327M), and Canada ($282M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (86) were at the forefront of shipping Cereals from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Cereals exports accounted up to ¥1.09B and imports accounted up to ¥84.8B, resulting in a negative trade balance of ¥83.7B. Between June 2023 and June 2024 the exports of Japan's   Cereals have increased by ¥327M (42.9%) from ¥763M to ¥1.09B, while imports decreased by ¥-10.5B (-11%) from ¥95.3B to ¥84.8B.

Destinations In June 2024, Cereals were exported mostly to Hong Kong (¥303M), United States (¥222M), Singapore (¥117M), Chinese Taipei (¥109M), and Canada (¥50.4M), and were imported mostly from United States (¥64.3B), Canada (¥8.63B), Australia (¥6.76B), Thailand (¥4.54B), and Chinese Taipei (¥89.1M).

Growth In June 2024, the increase in Cereals's year-by-year exports was explained primarily by an increase in exports to United States (¥80.7M or 217%), Canada (¥21.3M or 1.71k%), and Chinese Taipei (¥14.3M or 37.4%). In June 2024, the decrease in Cereals's year-by-year imports was explained primarily by a decrease in imports from United States (¥-15B or -38.9%), South Africa (¥-3.71B or -92.9%), and Argentina (¥-2.01B or -82.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥327M(42.9%)
IMPORT GROWTH (June 2023 - June 2024)¥-10.5B(-11%)
MAIN EXPORTER (June 2024)Tokyo¥370M
MAIN DESTINATION (June 2024)Hong Kong¥303M

This section shows Cereals's exports and imports data at subnational level for Japan. 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 Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$82M
IMPORTS (2022)$8.51B
NET TRADE (2022)-$8.43B

In 2022, Japan exported $82M in Cereals. The main destinations of Japan exports on Cereals were Hong Kong ($18.1M), Singapore ($9.67M), United States ($9.47M), Chinese Taipei ($5.65M), and Togo ($4.52M).

In 2022, Japan imported $8.51B in Cereals, mainly from United States ($4.57B), Brazil ($1.35B), Australia ($980M), Canada ($874M), and Argentina ($240M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereals EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Togo$4.52M (1%)
United States$3.46M (57.7%)
Niger$2.61M (342%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereals BY Japan WERE (2021 - 2022):
Democratic Republic of the Congo-$6.74M (-88.9%)
Mauritania-$3.68M (-54.2%)
Sao Tome and Principe-$1.99M (-55.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Cereals were:
United States $32.6B
Argentina $16.5B
India $14.7B
In 2022, Japan's main importing competitors in Cereals were:
China $18.6B
Mexico $7.82B

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Trade Value of Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.19M
TOP IMPORT POTENTIALArgentina+ $57.7M

Cereals’s highest export potential is United States. With an export gap of $4.19M.   Cereals’s highest import potential is Argentina with an import gap of $57.7M.

See methodology.

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