Packaged Medicaments in Japan

EXPORTS (2018): $4.31B, World Rnk 17 / 190
Flag Rnk 35 / 1201

TOP DESTINATION (2018): $1.67B, United States

FASTEST GROWING MARKET (2017 - 2018): $228M, China

IMPORTS (2018): $13.8B, World Rnk 10 / 217
Flag Rnk 7 / 1211

TOP ORIGIN (2018): $2.05B, United States

FASTEST GROWING ORIGIN (2017 - 2018): $400M, Ireland

ECONOMIC COMPLEXITY of Japan (2018): 2.17, Rnk 1 / 137

PRODUCT COMPLEXITY  IN Packaged Medicaments (2018): 0.74, Rnk 270 / 1018

Overview: This page contains the latest trade data of Packaged Medicaments in Japan.

Exports: In 2018, Japan exported $4.31B in Packaged Medicaments, making it the 17th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 35th most exported product in Japan. The main destination of Packaged Medicaments exports from Japan are: United States ($1.67B), China ($791M), United Kingdom ($322M), South Korea ($214M), and Chinese Taipei ($174M).

The fastest growing export markets for Packaged Medicaments of Japan between 2017 and 2018 were China ($228M), United Kingdom ($203M), and United States ($137M).

Imports: In 2018, Japan imported $13.8B in Packaged Medicaments, becoming the 10th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 7th most imported product in Japan. Japan imports Packaged Medicaments primarily from: United States ($2.05B), Switzerland ($1.82B), Germany ($1.7B), Ireland ($1.28B), and France ($1.06B).

The fastest growing import markets in Packaged Medicaments for Japan between 2017 and 2018 were Ireland ($400M), Switzerland ($298M), and Canada ($124M).

Overview: In June 2020 Japan's Packaged Medicaments exports accounted up to ¥36.2B and imports accounted up to ¥166B, resulting in a negative trade balance of ¥130B. Between June 2019 and June 2020 the exports of Japan's   Packaged Medicaments have decreased by ¥-8.87B (-19.7%) from ¥45B to ¥36.2B, while imports increased by ¥20.2B (13.9%) from ¥146B to ¥166B.

Destinations: In June 2020 Packaged Medicaments exported mostly to United States (¥12.7B), China (¥9.87B), Taiwan (¥1.94B), South Korea (¥1.81B), and United Kingdom (¥1.72B), and imported mostly from Germany (¥32.1B), United States (¥18.1B), Puerto Rico (¥14.7B), Singapore (¥14.6B), and Canada (¥14.2B).

Growth: In June 2020, the decrease in Packaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to United States (¥-10.5B or -45.2%), Thailand (¥-434M or -35.4%), and Canada (¥-398M or -93.7%). In June 2020, the increase in Packaged Medicaments's year-by-year imports was explained primarily by an increase in imports from Canada (¥7.63B or 116%), Germany (¥7.37B or 29.7%), and United States (¥4.4B or 32.1%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (June 2019 - June 2020): ¥-8.87B, (-19.7%)

IMPORT GROWTH (June 2019 - June 2020): ¥20.2B, (13.9%)

MAIN EXPORTER (June 2020): Chiba, ¥13.7B

MAIN DESTINATION (June 2020): United States, ¥12.7B

This section shows Packaged Medicaments'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 Packaged Medicaments over time.

Value

EXPORTS (2018): $4.31B

IMPORTS (2018): $13.8B

NET TRADE (2018): -$9.51B

In 2018, Japan exported $4.31B in Packaged Medicaments. The main destinations of Japan exports on Packaged Medicaments were United States ($1.67B), China ($791M), United Kingdom ($322M), South Korea ($214M), and Chinese Taipei ($174M).

In 2018, Japan imported $13.8B in Packaged Medicaments, mainly from United States ($2.05B), Switzerland ($1.82B), Germany ($1.7B), Ireland ($1.28B), and France ($1.06B).

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IN 2018, Japan HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

  • China, $708M ($791M - $83.7M)
  • Hong Kong, $136M ($137M - $1.53M)
  • Chinese Taipei, $128M ($174M - $46.7M)

IN 2018, Japan HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

  • Switzerland, -$1.72B ($98.3M - $1.82B)
  • Germany, -$1.64B ($60.4M - $1.7B)
  • Ireland, -$1.24B ($36.4M - $1.28B)
Flow

THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Japan WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Japan WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, Japan's main exporting competitors in Packaged Medicaments were:

In 2018, Japan's main importing competitors in Packaged Medicaments were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Packaged Medicaments in Japan. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Packaged Medicaments in the imports of Japan were of 0% around the world.

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