Rapeseed in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $56.9k in Rapeseed, making it the 54th largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 1160th most exported product in Japan. The main destination of Rapeseed exports from Japan are: South Korea ($19.1k), China ($17.4k), United States ($7.39k), Vietnam ($6.72k), and United Kingdom ($3.54k).

The fastest growing export markets for Rapeseed of Japan between 2021 and 2022 were China ($17.4k), United States ($7.39k), and United Kingdom ($3.54k).

Imports In 2022, Japan imported $1.78B in Rapeseed, becoming the 2nd largest importer of Rapeseed in the world. At the same year, Rapeseed was the 83rd most imported product in Japan. Japan imports Rapeseed primarily from: Canada ($1.06B), Australia ($721M), China ($156k), Poland ($48.4k), and Italy ($43.1k).

The fastest growing import markets in Rapeseed for Japan between 2021 and 2022 were Australia ($559M), China ($51k), and Italy ($35.8k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Rapeseed from Japan to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Japan's Rapeseed exports accounted up to ¥1.56M and imports accounted up to ¥14.5B, resulting in a negative trade balance of ¥14.5B. Between February 2022 and December 2023 the exports of Japan's Rapeseed have decreased by ¥-733k (-32%) from ¥2.29M to ¥1.56M, while imports decreased by ¥-181M (-1.23%) from ¥14.7B to ¥14.5B.

Destinations In December 2023, Rapeseed were exported mostly to , and were imported mostly from Australia (¥9.91B), Canada (¥4.61B), China (¥410k), and New Zealand (¥314k).

Growth In December 2023, the decrease in Rapeseed's year-by-year exports was explained primarily by a decrease in exports to . In January 2024, the decrease in Rapeseed's year-by-year imports was explained primarily by a decrease in imports from Australia (¥-3.37B or -95.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2022 - December 2023)¥-733k(-32%)

IMPORT GROWTH (January 2023 - January 2024)¥-181M(-1.23%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)

This section shows Rapeseed'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 Rapeseed over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$56.9k

IMPORTS (2022)$1.78B

NET TRADE (2022)-$1.78B

In 2022, Japan exported $56.9k in Rapeseed. The main destinations of Japan exports on Rapeseed were South Korea ($19.1k), China ($17.4k), United States ($7.39k), Vietnam ($6.72k), and United Kingdom ($3.54k).

In 2022, Japan imported $1.78B in Rapeseed, mainly from Canada ($1.06B), Australia ($721M), China ($156k), Poland ($48.4k), and Italy ($43.1k).

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