Bovine Meat in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $211M in Bovine Meat, making it the 23rd largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 320th most exported product in Japan. The main destination of Bovine Meat exports from Japan are: United States ($57.8M), Chinese Taipei ($49.9M), Hong Kong ($27.8M), Singapore ($18.2M), and Netherlands ($10.3M).

The fastest growing export markets for Bovine Meat of Japan between 2021 and 2022 were Chinese Taipei ($6.11M), Singapore ($1.9M), and Germany ($1.83M).

Imports In 2022, Japan imported $1.95B in Bovine Meat, becoming the 5th largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 72nd most imported product in Japan. Japan imports Bovine Meat primarily from: United States ($1.05B), Australia ($688M), Canada ($75.9M), New Zealand ($66.2M), and Mexico ($33.1M).

The fastest growing import markets in Bovine Meat for Japan between 2021 and 2022 were Mexico ($18.4M), New Zealand ($1.63M), and Netherlands ($25.9k).

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

Latest Trends

January 2024

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Overview In January 2024 Japan's Bovine Meat exports accounted up to ¥2.02B and imports accounted up to ¥18.9B, resulting in a negative trade balance of ¥16.8B. Between January 2023 and January 2024 the exports of Japan's Bovine Meat have increased by ¥483M (31.5%) from ¥1.54B to ¥2.02B, while imports increased by ¥2.28B (13.7%) from ¥16.6B to ¥18.9B.

Destinations In January 2024, Bovine Meat were exported mostly to United States (¥587M), Taiwan (¥526M), Hong Kong (¥188M), Singapore (¥177M), and Belgium (¥108M), and were imported mostly from Australia (¥8.82B), United States (¥8.32B), New Zealand (¥875M), Canada (¥489M), and Mexico (¥181M).

Growth In January 2024, the increase in Bovine Meat's year-by-year exports was explained primarily by an increase in exports to Italy (¥20.4M or 887%), Australia (¥14.5M or 43.6%), and Germany (¥11.8M or 97.5%). In January 2024, the increase in Bovine Meat's year-by-year imports was explained primarily by an increase in imports from New Zealand (¥382M or 62.2%), Uruguay (¥147M or 45.3%), and Mexico (¥27.7M or 11.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥483M(31.5%)

IMPORT GROWTH (January 2023 - January 2024)¥2.28B(13.7%)

MAIN EXPORTER (January 2024)Fukuoka¥847M

MAIN DESTINATION (January 2024)United States¥587M

This section shows Bovine Meat'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 Bovine Meat over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$211M

IMPORTS (2022)$1.95B

NET TRADE (2022)-$1.73B

In 2022, Japan exported $211M in Bovine Meat. The main destinations of Japan exports on Bovine Meat were United States ($57.8M), Chinese Taipei ($49.9M), Hong Kong ($27.8M), Singapore ($18.2M), and Netherlands ($10.3M).

In 2022, Japan imported $1.95B in Bovine Meat, mainly from United States ($1.05B), Australia ($688M), Canada ($75.9M), New Zealand ($66.2M), and Mexico ($33.1M).

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