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2022
Exports $187MWorld Rnk 36 / 224
Flag Rnk 67 / 96
2022
Destination $3.18M China
2021 - 2022
FASTEST GROWING MARKET $3.18MSouth Korea
2022
PRODUCT COMPLEXITY IN Leather articles-0.063Rnk 569 / 1025
2022
Imports $5.41BWorld Rnk 3 / 225
Flag Rnk 26 / 96
2022
Origin $109MN/A
2021 - 2022
FASTEST GROWING ORIGIN $109MSingapore
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $187M in Leather articles, making it the 36th largest exporter of Leather articles in the world. At the same year, Leather articles was the 67th most exported product in Japan. The main destination of Leather articles exports from Japan are: China ($47.2M), Hong Kong ($21.9M), South Korea ($18M), United States ($16.2M), and Chinese Taipei ($13M).

The fastest growing export markets for Leather articles of Japan between 2021 and 2022 were South Korea ($3.18M), Chinese Taipei ($2.75M), and United States ($2.35M).

Imports In 2022, Japan imported $5.41B in Leather articles, becoming the 3rd largest importer of Leather articles in the world. At the same year, Leather articles was the 26th most imported product in Japan. Japan imports Leather articles primarily from: N/A.

The fastest growing import markets in Leather articles for Japan between 2021 and 2022 were Singapore ($109M), Vietnam ($85.7M), and Italy ($77.1M).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Leather articles exports accounted up to ¥1.78B and imports accounted up to ¥83.8B, resulting in a negative trade balance of ¥82B. Between June 2023 and June 2024 the exports of Japan's   Leather articles have decreased by ¥-47.6M (-2.61%) from ¥1.83B to ¥1.78B, while imports increased by ¥11.7B (16.2%) from ¥72.1B to ¥83.8B.

Destinations In June 2024, Leather articles were exported mostly to China (¥531M), United States (¥229M), South Korea (¥225M), Hong Kong (¥182M), and Chinese Taipei (¥161M), and were imported mostly from China (¥25B), Italy (¥23.7B), France (¥15B), Vietnam (¥5.93B), and Spain (¥4.51B).

Growth In June 2024, the decrease in Leather articles's year-by-year exports was explained primarily by a decrease in exports to China (¥-157M or -40.9%), United States (¥-24.8M or -19.6%), and Singapore (¥-12.1M or -24.9%). In June 2024, the increase in Leather articles's year-by-year imports was explained primarily by an increase in imports from China (¥6.52B or 25%), Vietnam (¥2.85B or 54.4%), and France (¥2.84B or 35.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-47.6M(-2.61%)
IMPORT GROWTH (June 2023 - June 2024)¥11.7B(16.2%)
MAIN EXPORTER (June 2024)Chiba¥1.09B
MAIN DESTINATION (June 2024)China¥531M

This section shows Leather articles'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 Leather articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$187M
IMPORTS (2022)$5.41B
NET TRADE (2022)-$5.22B

In 2022, Japan exported $187M in Leather articles. The main destinations of Japan exports on Leather articles were China ($47.2M), Hong Kong ($21.9M), South Korea ($18M), United States ($16.2M), and Chinese Taipei ($13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather articles EXPORT MARKETS FOR Japan WERE (2021 - 2022):
South Korea$3.18M (21.4%)
Chinese Taipei$2.75M (26.9%)
United States$2.35M (16.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather articles BY Japan WERE (2021 - 2022):
China-$12.4M (-20.8%)
Netherlands-$793k (-29.7%)
Thailand-$770k (-10%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Leather articles were:
China $36.3B
France $12.5B
Italy $11.3B
In 2022, Japan's main importing competitors in Leather articles were:
United States $17.2B
Germany $5.8B

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Trade Value of Leather articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $24.9M
TOP IMPORT POTENTIALChina+ $349M

Leather articles’s highest export potential is China. With an export gap of $24.9M.   Leather articles’s highest import potential is China with an import gap of $349M.

See methodology.

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