2022
Exports
$85.2MWorld Rnk 21 / 186
Flag Rnk 461 / 1213
2022
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-0.9Rnk 810 / 1025
2022
Imports
$198MWorld Rnk 8 / 221
Flag Rnk 398 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $85.2M in Other Pure Vegetable Oils, making it the 21st largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 461st most exported product in Japan. The main destination of Other Pure Vegetable Oils exports from Japan are: United States ($51M), Canada ($7.36M), Hong Kong ($4.12M), Singapore ($2.94M), and China ($2.69M).

The fastest growing export markets for Other Pure Vegetable Oils of Japan between 2021 and 2022 were United States ($1.85M), Australia ($815k), and Singapore ($669k).

Imports In 2022, Japan imported $198M in Other Pure Vegetable Oils, becoming the 8th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 398th most imported product in Japan. Japan imports Other Pure Vegetable Oils primarily from: India ($41.2M), Thailand ($37.4M), Brazil ($29.7M), China ($20.6M), and Vietnam ($11.3M).

The fastest growing import markets in Other Pure Vegetable Oils for Japan between 2021 and 2022 were Thailand ($20.4M), Brazil ($7.52M), and India ($5.57M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (53) were at the forefront of shipping Other Pure Vegetable Oils from Japan to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥279M(26.6%)
IMPORT GROWTH (September 2023 - September 2024)¥-541M(-23.3%)
MAIN EXPORTER (September 2024)Hyōgo¥929M
MAIN DESTINATION (September 2024)United States¥810M

This section shows Other Pure Vegetable Oils'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 Pure Vegetable Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$85.2M
IMPORTS (2022)$198M
NET TRADE (2022)-$113M

In 2022, Japan exported $85.2M in Other Pure Vegetable Oils. The main destinations of Japan exports on Other Pure Vegetable Oils were United States ($51M), Canada ($7.36M), Hong Kong ($4.12M), Singapore ($2.94M), and China ($2.69M).

In 2022, Japan imported $198M in Other Pure Vegetable Oils, mainly from India ($41.2M), Thailand ($37.4M), Brazil ($29.7M), China ($20.6M), and Vietnam ($11.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$1.85M (3.76%)
Australia$815k (67.8%)
Singapore$669k (29.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Japan WERE (2021 - 2022):
South Korea-$1.71M (-47.2%)
Hong Kong-$934k (-18.5%)
Canada-$851k (-10.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Other Pure Vegetable Oils were:
In 2022, Japan's main importing competitors in Other Pure Vegetable Oils were:

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.81M
TOP IMPORT POTENTIALIndia+ $14.6M

Other Pure Vegetable Oils’s highest export potential is China. With an export gap of $3.81M.   Other Pure Vegetable Oils’s highest import potential is India with an import gap of $14.6M.

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