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2022
Exports $141MWorld Rnk 24 / 195
Flag Rnk 375 / 1213
2022
Destination $3.07M China
2021 - 2022
FASTEST GROWING MARKET $3.07MSouth Korea
2022
PRODUCT COMPLEXITY IN Confectionery Sugar-0.72Rnk 763 / 1025
2022
Imports $197MWorld Rnk 15 / 224
Flag Rnk 402 / 1214
2022
Origin $14.4M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $14.4MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $141M in Confectionery Sugar, making it the 24th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 375th most exported product in Japan. The main destination of Confectionery Sugar exports from Japan are: China ($48.1M), Hong Kong ($22.1M), United States ($18.5M), Chinese Taipei ($14M), and South Korea ($9.87M).

The fastest growing export markets for Confectionery Sugar of Japan between 2021 and 2022 were South Korea ($3.07M), Vietnam ($737k), and Thailand ($576k).

Imports In 2022, Japan imported $197M in Confectionery Sugar, becoming the 15th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 402nd most imported product in Japan. Japan imports Confectionery Sugar primarily from: South Korea ($61.2M), China ($31M), Germany ($17.9M), Spain ($14.6M), and United States ($10.8M).

The fastest growing import markets in Confectionery Sugar for Japan between 2021 and 2022 were China ($14.4M), South Korea ($10M), and Spain ($5.65M).

COMPANIES In 2023, leading companies such as Storck (145), Nissan (14), and Wismettac Asian Foods (12) were at the forefront of shipping Confectionery Sugar from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Confectionery Sugar exports accounted up to ¥1.79B and imports accounted up to ¥1.63B, resulting in a positive trade balance of ¥159M. Between June 2023 and June 2024 the exports of Japan's   Confectionery Sugar have decreased by ¥-37.2M (-2.03%) from ¥1.83B to ¥1.79B, while imports decreased by ¥-272M (-14.3%) from ¥1.91B to ¥1.63B.

Destinations In June 2024, Confectionery Sugar were exported mostly to China (¥386M), United States (¥355M), Hong Kong (¥269M), Chinese Taipei (¥191M), and South Korea (¥184M), and were imported mostly from China (¥415M), Germany (¥260M), Hungary (¥169M), South Korea (¥123M), and United States (¥95M).

Growth In June 2024, the decrease in Confectionery Sugar's year-by-year exports was explained primarily by a decrease in exports to United States (¥-49.7M or -26.9%), Netherlands (¥-18.4M or -90.8%), and Russia (¥-13M or -65%). In June 2024, the decrease in Confectionery Sugar's year-by-year imports was explained primarily by a decrease in imports from Italy (¥-37.3M or -48.5%), France (¥-28.5M or -24.8%), and Thailand (¥-18.5M or -22.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-37.2M(-2.03%)
IMPORT GROWTH (June 2023 - June 2024)¥-272M(-14.3%)
MAIN EXPORTER (June 2024)Osaka¥574M
MAIN DESTINATION (June 2024)China¥386M

This section shows Confectionery Sugar'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 Confectionery Sugar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$141M
IMPORTS (2022)$197M
NET TRADE (2022)-$56M

In 2022, Japan exported $141M in Confectionery Sugar. The main destinations of Japan exports on Confectionery Sugar were China ($48.1M), Hong Kong ($22.1M), United States ($18.5M), Chinese Taipei ($14M), and South Korea ($9.87M).

In 2022, Japan imported $197M in Confectionery Sugar, mainly from South Korea ($61.2M), China ($31M), Germany ($17.9M), Spain ($14.6M), and United States ($10.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Japan WERE (2021 - 2022):
South Korea$3.07M (45.1%)
Vietnam$737k (36.8%)
Thailand$576k (31.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Japan WERE (2021 - 2022):
Hong Kong-$9.87M (-30.9%)
China-$3.47M (-6.73%)
Chinese Taipei-$1.05M (-6.94%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
China $1.38B
Mexico $1.12B
In 2022, Japan's main importing competitors in Confectionery Sugar were:
United States $3.01B
Germany $834M
United Kingdom $736M

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.5M
TOP IMPORT POTENTIALChina+ $16.1M

Confectionery Sugar’s highest export potential is United States. With an export gap of $10.5M.   Confectionery Sugar’s highest import potential is China with an import gap of $16.1M.

See methodology.

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