Crude Petroleum in Japan

EXPORTS (2018): $63.2k, World Rnk 111 / 120
Flag Rnk 1167 / 1201

TOP DESTINATION (2018): $46.6k, Singapore

FASTEST GROWING MARKET (2017 - 2018): $31k, Singapore

IMPORTS (2018): $72.3B, World Rnk 5 / 148
Flag Rnk 1 / 1211

TOP ORIGIN (2018): $27.5B, Saudi Arabia

FASTEST GROWING ORIGIN (2017 - 2018): $4.43B, Saudi Arabia

ECONOMIC COMPLEXITY of Japan (2018): 2.17, Rnk 1 / 137

PRODUCT COMPLEXITY  IN Crude Petroleum (2018): -2.84, Rnk 1018 / 1018

Overview: This page contains the latest trade data of Crude Petroleum in Japan.

Exports: In 2018, Japan exported $63.2k in Crude Petroleum, making it the 111th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1167th most exported product in Japan. The main destination of Crude Petroleum exports from Japan are: Singapore ($46.6k), United States ($12.1k), and Philippines ($4.52k).

The fastest growing export markets for Crude Petroleum of Japan between 2017 and 2018 were Singapore ($31k).

Imports: In 2018, Japan imported $72.3B in Crude Petroleum, becoming the 5th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Japan. Japan imports Crude Petroleum primarily from: Saudi Arabia ($27.5B), United Arab Emirates ($18.2B), Qatar ($6.04B), Kuwait ($5.32B), and Russia ($3.78B).

The fastest growing import markets in Crude Petroleum for Japan between 2017 and 2018 were Saudi Arabia ($4.43B), United Arab Emirates ($4.18B), and Qatar ($1.82B).

Value

EXPORTS (2018): $63.2k

IMPORTS (2018): $72.3B

NET TRADE (2018): -$72.3B

In 2018, Japan exported $63.2k in Crude Petroleum. The main destinations of Japan exports on Crude Petroleum were Singapore ($46.6k), United States ($12.1k), and Philippines ($4.52k).

In 2018, Japan imported $72.3B in Crude Petroleum, mainly from Saudi Arabia ($27.5B), United Arab Emirates ($18.2B), Qatar ($6.04B), Kuwait ($5.32B), and Russia ($3.78B).

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IN 2018, Japan HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:

  • Singapore, $46.6k ($46.6k - $0)
  • Philippines, $4.52k ($4.52k - $0)

IN 2018, Japan HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

  • Saudi Arabia, -$27.5B ($0 - $27.5B)
  • United Arab Emirates, -$18.2B ($0 - $18.2B)
  • Qatar, -$6.04B ($0 - $6.04B)
Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Japan WERE (2017 - 2018):: Singapore, $31k (198%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Japan WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Japan's main exporting competitors in Crude Petroleum were:

In 2018, Japan's main importing competitors in Crude Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Crude Petroleum in Japan. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Crude Petroleum in the imports of Japan were of 0% around the world.

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