Packaged Medicaments in Japan 2020 Exports | Imports : $5.63B | $13.6B, World Rnk 18 / 210 Rnk 16 / 1207 | World Rnk 9 / 224 Rnk 7 / 1206
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $151M | $261M, Italy | Greece
Exports In 2020, Japan exported $5.63B in Packaged Medicaments, making it the 18th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 16th most exported product in Japan. The main destination of Packaged Medicaments exports from Japan are: United States ($2.05B), China ($1.17B), Switzerland ($305M), United Kingdom ($277M), and Italy ($250M).
The fastest growing export markets for Packaged Medicaments of Japan between 2019 and 2020 were Italy ($151M), China ($135M), and United Kingdom ($130M).
Imports In 2020, Japan imported $13.6B in Packaged Medicaments, becoming the 9th 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 ($2.3B), Switzerland ($1.84B), Germany ($1.63B), Singapore ($1.13B), and Sweden ($868M).
The fastest growing import markets in Packaged Medicaments for Japan between 2019 and 2020 were Greece ($261M), Canada ($252M), and Denmark ($163M).
February 2022
Overview In February 2022 Japan's Packaged Medicaments exports accounted up to ¥48.6B and imports accounted up to ¥198B, resulting in a negative trade balance of ¥150B. Between February 2021 and February 2022 the exports of Japan's Packaged Medicaments have increased by ¥7.71B (18.9%) from ¥40.9B to ¥48.6B, while imports increased by ¥43.4B (28%) from ¥155B to ¥198B.
Destinations In February 2022, Packaged Medicaments were exported mostly to United States (Â¥24.4B), China (Â¥12.2B), Taiwan (Â¥3.6B), South Korea (Â¥1.89B), and Hong Kong (Â¥1.04B), and were imported mostly from United States (Â¥61.7B), Germany (Â¥24.4B), Switzerland (Â¥23.9B), Puerto Rico (Â¥11.4B), and Ireland (Â¥10.1B).
Growth In February 2022, the increase in Packaged Medicaments's year-by-year exports was explained primarily by an increase in exports to United States (Â¥7.57B or 28.9%), China (Â¥5.61B or 107%), and Taiwan (Â¥1.22B or 115%). In February 2022, the increase in Packaged Medicaments's year-by-year imports was explained primarily by an increase in imports from Ireland (Â¥4.54B or 60.6%), Canada (Â¥2.12B or 73%), and Denmark (Â¥2.05B or 27.6%).
EXPORT GROWTH (February 2021 - February 2022): ¥7.71B, (18.9%)
IMPORT GROWTH (February 2021 - February 2022): ¥43.4B, (28%)
MAIN EXPORTER (February 2022): Osaka, ¥22.9B
MAIN DESTINATION (February 2022): United States, ¥24.4B
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.
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EXPORTS (2020): $5.63B
IMPORTS (2020): $13.6B
NET TRADE (2020): -$7.99B
In 2020, Japan exported $5.63B in Packaged Medicaments. The main destinations of Japan exports on Packaged Medicaments were United States ($2.05B), China ($1.17B), Switzerland ($305M), United Kingdom ($277M), and Italy ($250M).
In 2020, Japan imported $13.6B in Packaged Medicaments, mainly from United States ($2.3B), Switzerland ($1.84B), Germany ($1.63B), Singapore ($1.13B), and Sweden ($868M).
IN 2020, Japan HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:
IN 2020, Japan HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Japan WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Japan WERE (2019 - 2020):
In 2019, Japan's main exporting competitors in Packaged Medicaments were:
In 2019, Japan's main importing competitors in Packaged Medicaments were:
In 2018, the tariffs for Packaged Medicaments in the imports of Japan were of 0% around the world.
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