Crude Petroleum in Japan 2020 Exports | Imports : $65.3k | $38.4B, World Rnk 109 / 132 Rnk 1156 / 1207 | World Rnk 5 / 145 Rnk 1 / 1206
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $11k | $216M, Singapore | Malaysia
2020 ECONOMIC COMPLEXITY of Japan: 2.19, Rnk 1 / 127
2020 PRODUCT COMPLEXITY IN Crude Petroleum: -2.2, Rnk 1018 / 1029
Exports In 2020, Japan exported $65.3k in Crude Petroleum, making it the 109th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1156th most exported product in Japan. The main destination of Crude Petroleum exports from Japan are: Singapore ($57.1k), Philippines ($4.38k), Brazil ($3.42k), Kenya ($143), and United Arab Emirates ($129).
The fastest growing export markets for Crude Petroleum of Japan between 2019 and 2020 were Singapore ($11k) and Kenya ($143).
Imports In 2020, Japan imported $38.4B 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 ($15.1B), United Arab Emirates ($12.1B), Kuwait ($3.41B), Qatar ($3.23B), and Russia ($2.06B).
The fastest growing import markets in Crude Petroleum for Japan between 2019 and 2020 were Malaysia ($216M), Libya ($57.7M), and China ($29M).
July 2022
Overview In July 2022 Japan's Crude Petroleum exports accounted up to ¥646M and imports accounted up to ¥1.22T, resulting in a negative trade balance of ¥1.22T. Between February 2017 and July 2022 the exports of Japan's Crude Petroleum have increased by ¥646M (N/A%) from ¥0 to ¥646M, while imports increased by ¥602B (97.4%) from ¥617B to ¥1.22T.
Destinations In July 2022, Crude Petroleum were exported mostly to , and were imported mostly from United Arab Emirates (Â¥519B), Saudi Arabia (Â¥444B), Kuwait (Â¥123B), Qatar (Â¥60B), and Ecuador (Â¥22B).
Growth In July 2022, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to . In October 2022, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from Iraq (Â¥6.79B or 197%), Bahrain (Â¥4.19B or 111%), and Ecuador (Â¥1.12B or 18.6%).
EXPORT GROWTH (February 2017 - July 2022): ¥646M, (N/A%)
IMPORT GROWTH (October 2021 - October 2022): ¥602B, (97.4%)
MAIN EXPORTER (July 2022): ,
MAIN DESTINATION (July 2022): ,
This section shows Crude Petroleum'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 Crude Petroleum over time.
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EXPORTS (2020): $65.3k
IMPORTS (2020): $38.4B
NET TRADE (2020): -$38.4B
In 2020, Japan exported $65.3k in Crude Petroleum. The main destinations of Japan exports on Crude Petroleum were Singapore ($57.1k), Philippines ($4.38k), Brazil ($3.42k), Kenya ($143), and United Arab Emirates ($129).
In 2020, Japan imported $38.4B in Crude Petroleum, mainly from Saudi Arabia ($15.1B), United Arab Emirates ($12.1B), Kuwait ($3.41B), Qatar ($3.23B), and Russia ($2.06B).
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Japan WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Japan WERE (2019 - 2020):
In 2020, Japan's main exporting competitors in Crude Petroleum were:
In 2020, Japan's main importing competitors in Crude Petroleum were:
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