2022
Exports
$2.2MWorld Rnk 73 / 152
Flag Rnk 946 / 1213
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$3.04MWorld Rnk 106 / 219
Flag Rnk 1110 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $2.2M in Fermented Milk Products, making it the 73rd largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 946th most exported product in Japan. The main destination of Fermented Milk Products exports from Japan are: Hong Kong ($1.48M), United States ($217k), Chinese Taipei ($153k), Singapore ($125k), and Vietnam ($43.2k).

The fastest growing export markets for Fermented Milk Products of Japan between 2021 and 2022 were United States ($64.4k), Singapore ($51.9k), and Chinese Taipei ($47.4k).

Imports In 2022, Japan imported $3.04M in Fermented Milk Products, becoming the 106th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 1110th most imported product in Japan. Japan imports Fermented Milk Products primarily from: Germany ($1.65M), New Zealand ($468k), United Kingdom ($398k), United States ($158k), and Belgium ($117k).

The fastest growing import markets in Fermented Milk Products for Japan between 2021 and 2022 were New Zealand ($261k), United States ($73.7k), and United Kingdom ($44.2k).

COMPANIES In 2023, leading companies such as Toyota (2) and Wismettac Asian Foods (1) were at the forefront of shipping Fermented Milk Products from Japan to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)¥-2.74M(-13.6%)
IMPORT GROWTH (July 2023 - July 2024)¥-3.72M(-78.2%)
MAIN EXPORTER (July 2024)Tokyo¥8.14M
MAIN DESTINATION (July 2024)Hong Kong¥11.1M

This section shows Fermented Milk Products'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 Fermented Milk Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.2M
IMPORTS (2022)$3.04M
NET TRADE (2022)-$842k

In 2022, Japan exported $2.2M in Fermented Milk Products. The main destinations of Japan exports on Fermented Milk Products were Hong Kong ($1.48M), United States ($217k), Chinese Taipei ($153k), Singapore ($125k), and Vietnam ($43.2k).

In 2022, Japan imported $3.04M in Fermented Milk Products, mainly from Germany ($1.65M), New Zealand ($468k), United Kingdom ($398k), United States ($158k), and Belgium ($117k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$64.4k (42.2%)
Singapore$51.9k (71.3%)
Chinese Taipei$47.4k (44.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Japan WERE (2021 - 2022):
Hong Kong-$530k (-26.4%)
China-$220k (-89.2%)
Philippines-$17.3k (-83.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Fermented Milk Products were:
In 2022, Japan's main importing competitors in Fermented Milk Products were:

Explore Visualizations

Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $204k
TOP IMPORT POTENTIALGermany+ $587k

Fermented Milk Products’s highest export potential is United States. With an export gap of $204k.   Fermented Milk Products’s highest import potential is Germany with an import gap of $587k.

See methodology.

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