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2022
Exports $67.5MWorld Rnk 9 / 170
Flag Rnk 502 / 1213
2022
Destination $1.01M China
2021 - 2022
FASTEST GROWING MARKET $1.01MUnited States
2022
PRODUCT COMPLEXITY IN Organic Composite Solvents-0.03Rnk 556 / 1025
2022
Imports $39.4MWorld Rnk 15 / 220
Flag Rnk 783 / 1214
2022
Origin $3.39M China
2021 - 2022
FASTEST GROWING ORIGIN $3.39MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $67.5M in Organic Composite Solvents, making it the 9th largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 502nd most exported product in Japan. The main destination of Organic Composite Solvents exports from Japan are: China ($12.5M), South Korea ($8.62M), Philippines ($6.11M), Thailand ($5.02M), and United States ($5.01M).

The fastest growing export markets for Organic Composite Solvents of Japan between 2021 and 2022 were United States ($1.01M), Netherlands ($731k), and Philippines ($719k).

Imports In 2022, Japan imported $39.4M in Organic Composite Solvents, becoming the 15th largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 783rd most imported product in Japan. Japan imports Organic Composite Solvents primarily from: China ($23.2M), United States ($4.78M), South Korea ($3.49M), Germany ($2.33M), and United Kingdom ($1.56M).

The fastest growing import markets in Organic Composite Solvents for Japan between 2021 and 2022 were China ($3.39M), South Korea ($1.78M), and Germany ($1.04M).

Latest Trends

July 2024

About

Overview In July 2024 Japan's Organic Composite Solvents exports accounted up to ¥849M and imports accounted up to ¥663M, resulting in a positive trade balance of ¥186M. Between July 2023 and July 2024 the exports of Japan's   Organic Composite Solvents have increased by ¥175M (25.9%) from ¥674M to ¥849M, while imports decreased by ¥-127M (-16.1%) from ¥790M to ¥663M.

Destinations In July 2024, Organic Composite Solvents were exported mostly to China (¥116M), Chinese Taipei (¥84.3M), Philippines (¥82.6M), South Korea (¥71.8M), and Thailand (¥70M), and were imported mostly from China (¥576M), United States (¥34M), United Kingdom (¥15.4M), Sweden (¥14.2M), and Germany (¥5.57M).

Growth In July 2024, the increase in Organic Composite Solvents's year-by-year exports was explained primarily by an increase in exports to China (¥50.3M or 142%), South Korea (¥33.9M or 47.3%), and Philippines (¥32M or 123%). In July 2024, the decrease in Organic Composite Solvents's year-by-year imports was explained primarily by a decrease in imports from China (¥-159M or -25.9%), Chinese Taipei (¥-18.1M or -58.9%), and France (¥-8.81M or -84.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)¥175M(25.9%)
IMPORT GROWTH (July 2023 - July 2024)¥-127M(-16.1%)
MAIN EXPORTER (July 2024)Kanagawa¥421M
MAIN DESTINATION (July 2024)China¥116M

This section shows Organic Composite Solvents'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 Organic Composite Solvents over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$67.5M
IMPORTS (2022)$39.4M
NET TRADE (2022)$28.1M

In 2022, Japan exported $67.5M in Organic Composite Solvents. The main destinations of Japan exports on Organic Composite Solvents were China ($12.5M), South Korea ($8.62M), Philippines ($6.11M), Thailand ($5.02M), and United States ($5.01M).

In 2022, Japan imported $39.4M in Organic Composite Solvents, mainly from China ($23.2M), United States ($4.78M), South Korea ($3.49M), Germany ($2.33M), and United Kingdom ($1.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$1.01M (25.2%)
Netherlands$731k (98.9%)
Philippines$719k (13.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY Japan WERE (2021 - 2022):
South Korea-$1.89M (-18%)
Germany-$931k (-44.2%)
Hong Kong-$740k (-36.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Organic Composite Solvents were:
Germany $300M
United States $278M
Italy $166M
In 2022, Japan's main importing competitors in Organic Composite Solvents were:
China $101M
United States $95M
Vietnam $89.2M

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.38M
TOP IMPORT POTENTIALChina+ $880k

Organic Composite Solvents’s highest export potential is China. With an export gap of $1.38M.   Organic Composite Solvents’s highest import potential is China with an import gap of $880k.

See methodology.

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