2022
Exports
$385MWorld Rnk 1 / 143
Flag Rnk 237 / 1213
2022
PRODUCT COMPLEXITY IN Other Fermented Beverages
0.091Rnk 525 / 1025
2022
Imports
$69.9MWorld Rnk 5 / 218
Flag Rnk 653 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $385M in Other Fermented Beverages, making it the 1st largest exporter of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 237th most exported product in Japan. The main destination of Other Fermented Beverages exports from Japan are: China ($107M), United States ($95.6M), Hong Kong ($53.4M), Chinese Taipei ($20.4M), and South Korea ($20.3M).

The fastest growing export markets for Other Fermented Beverages of Japan between 2021 and 2022 were China ($12.7M), South Korea ($5.81M), and United States ($4.45M).

Imports In 2022, Japan imported $69.9M in Other Fermented Beverages, becoming the 5th largest importer of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 653rd most imported product in Japan. Japan imports Other Fermented Beverages primarily from: South Korea ($29.9M), France ($11.7M), China ($11.5M), Thailand ($4.39M), and Spain ($3.21M).

The fastest growing import markets in Other Fermented Beverages for Japan between 2021 and 2022 were China ($4.16M), Spain ($662k), and France ($609k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (32), Kobrand Wine and Spirits (28), and SAC (Société des alcools du Québec) (15) were at the forefront of shipping Other Fermented Beverages from Japan to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥394M(13.7%)
IMPORT GROWTH (August 2023 - August 2024)¥-312M(-28.4%)
MAIN EXPORTER (August 2024)Kanagawa¥1.2B
MAIN DESTINATION (August 2024)United States¥828M

This section shows Other Fermented Beverages'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 Other Fermented Beverages over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$385M
IMPORTS (2022)$69.9M
NET TRADE (2022)$315M

In 2022, Japan exported $385M in Other Fermented Beverages. The main destinations of Japan exports on Other Fermented Beverages were China ($107M), United States ($95.6M), Hong Kong ($53.4M), Chinese Taipei ($20.4M), and South Korea ($20.3M).

In 2022, Japan imported $69.9M in Other Fermented Beverages, mainly from South Korea ($29.9M), France ($11.7M), China ($11.5M), Thailand ($4.39M), and Spain ($3.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Fermented Beverages EXPORT MARKETS FOR Japan WERE (2021 - 2022):
China$12.7M (13.4%)
South Korea$5.81M (40.1%)
United States$4.45M (4.89%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fermented Beverages BY Japan WERE (2021 - 2022):
Hong Kong-$31.8M (-37.3%)
Macau-$2.68M (-49.2%)
Russia-$671k (-64.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Fermented Beverages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $3.09M
TOP IMPORT POTENTIALItaly+ $874k

Other Fermented Beverages’s highest export potential is United Kingdom. With an export gap of $3.09M.   Other Fermented Beverages’s highest import potential is Italy with an import gap of $874k.

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