2022
Exports
$2.35MWorld Rnk 34 / 93
Flag Rnk 942 / 1213
2022
PRODUCT COMPLEXITY IN Bovine, Sheep, and Goat Fat
-0.5Rnk 698 / 1025
2022
Imports
$27.5MWorld Rnk 13 / 156
Flag Rnk 842 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $2.35M in Bovine, Sheep, and Goat Fat, making it the 34th largest exporter of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 942nd most exported product in Japan. The main destination of Bovine, Sheep, and Goat Fat exports from Japan are: Malaysia ($2.13M), Singapore ($80.6k), Hong Kong ($53.4k), Tajikistan ($41.3k), and Cambodia ($15.4k).

The fastest growing export markets for Bovine, Sheep, and Goat Fat of Japan between 2021 and 2022 were Malaysia ($1.93M), Tajikistan ($41.3k), and Netherlands ($14.8k).

Imports In 2022, Japan imported $27.5M in Bovine, Sheep, and Goat Fat, becoming the 13th largest importer of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 842nd most imported product in Japan. Japan imports Bovine, Sheep, and Goat Fat primarily from: South Korea ($18.5M), Canada ($8.59M), Australia ($305k), New Zealand ($72.8k), and United States ($36.6k).

The fastest growing import markets in Bovine, Sheep, and Goat Fat for Japan between 2021 and 2022 were South Korea ($10.9M), Canada ($1.1M), and New Zealand ($55.6k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)¥64.3M(2.07k%)
IMPORT GROWTH (April 2023 - June 2024)¥2.73M(164%)
MAIN EXPORTER (June 2024)Kanagawa¥67.4M
MAIN DESTINATION (June 2024)Singapore¥67.4M

This section shows Bovine, Sheep, and Goat Fat'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, Sheep, and Goat Fat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.35M
IMPORTS (2022)$27.5M
NET TRADE (2022)-$25.2M

In 2022, Japan exported $2.35M in Bovine, Sheep, and Goat Fat. The main destinations of Japan exports on Bovine, Sheep, and Goat Fat were Malaysia ($2.13M), Singapore ($80.6k), Hong Kong ($53.4k), Tajikistan ($41.3k), and Cambodia ($15.4k).

In 2022, Japan imported $27.5M in Bovine, Sheep, and Goat Fat, mainly from South Korea ($18.5M), Canada ($8.59M), Australia ($305k), New Zealand ($72.8k), and United States ($36.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bovine, Sheep, and Goat Fat EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Malaysia$1.93M (949%)
Tajikistan$41.3k (1%)
Netherlands$14.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine, Sheep, and Goat Fat BY Japan WERE (2021 - 2022):
Singapore-$2.77M (-97.2%)
Hong Kong-$7.98k (-13%)
Belgium-$5.43k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Bovine, Sheep, and Goat Fat were:
In 2022, Japan's main importing competitors in Bovine, Sheep, and Goat Fat were:

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Trade Value of Bovine, Sheep, and Goat Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $108k
TOP IMPORT POTENTIALAustralia+ $753k

Bovine, Sheep, and Goat Fat’s highest export potential is Singapore. With an export gap of $108k.   Bovine, Sheep, and Goat Fat’s highest import potential is Australia with an import gap of $753k.

See methodology.

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