Petroleum Gas in Japan 2020 Exports | Imports : $117M | $31.4B, World Rnk 59 / 152 Rnk 388 / 1207 | World Rnk 2 / 220 Rnk 2 / 1206
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $14.4M | $210M, Pakistan | Nigeria
Exports In 2020, Japan exported $117M in Petroleum Gas, making it the 59th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 388th most exported product in Japan. The main destination of Petroleum Gas exports from Japan are: South Korea ($65.1M), China ($34.1M), Pakistan ($14.4M), Chinese Taipei ($2.57M), and Singapore ($459k).
The fastest growing export markets for Petroleum Gas of Japan between 2019 and 2020 were Pakistan ($14.4M), Chinese Taipei ($2.14M), and United States ($78.7k).
Imports In 2020, Japan imported $31.4B in Petroleum Gas, becoming the 2nd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 2nd most imported product in Japan. Japan imports Petroleum Gas primarily from: Australia ($11B), United States ($5.12B), Malaysia ($3.48B), Qatar ($3.09B), and Russia ($2.21B).
The fastest growing import markets in Petroleum Gas for Japan between 2019 and 2020 were Nigeria ($210M), Canada ($94M), and Saudi Arabia ($16.9M).
Tariffs In 2018, the average tariff for Japan in Petroleum Gas was 1.32%. The countries with the highest import tariffs for Petroleum Gas were Lebanon (Most Favoured Nation duty rate treatement, 4.1%), North Korea (Most Favoured Nation duty rate treatement, 4.1%), Andorra (Most Favoured Nation duty rate treatement, 4.1%), Eritrea (Most Favoured Nation duty rate treatement, 3.26%), and Equatorial Guinea (Most Favoured Nation duty rate treatement, 3.26%).
February 2022
Overview In February 2022 Japan's Petroleum Gas exports accounted up to ¥604M and imports accounted up to ¥764B, resulting in a negative trade balance of ¥763B. Between February 2021 and February 2022 the exports of Japan's Petroleum Gas have decreased by ¥-423M (-41.2%) from ¥1.03B to ¥604M, while imports increased by ¥291B (61.6%) from ¥473B to ¥764B.
Destinations In February 2022, Petroleum Gas were exported mostly to South Korea (Â¥596M), Malaysia (Â¥4.06M), Singapore (Â¥2.06M), China (Â¥638k), and Thailand (Â¥522k), and were imported mostly from N/A.
Growth In February 2022, the decrease in Petroleum Gas's year-by-year exports was explained primarily by a decrease in exports to China (Â¥-253M or -99.6%), South Korea (Â¥-8.4M or -1.54%), and Singapore (Â¥-1.97M or -100%). In February 2022, the increase in Petroleum Gas's year-by-year imports was explained primarily by an increase in imports from United States (Â¥37.7B or 66.1%), Oman (Â¥3.8B or 37.2%), and Nigeria (Â¥3.63B or 101%).
EXPORT GROWTH (February 2021 - February 2022): ¥-423M, (-41.2%)
IMPORT GROWTH (February 2021 - February 2022): ¥291B, (61.6%)
MAIN EXPORTER (February 2022): Chiba, ¥301M
MAIN DESTINATION (February 2022): South Korea, ¥596M
This section shows Petroleum Gas'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 Petroleum Gas over time.
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EXPORTS (2020): $117M
IMPORTS (2020): $31.4B
NET TRADE (2020): -$31.3B
In 2020, Japan exported $117M in Petroleum Gas. The main destinations of Japan exports on Petroleum Gas were South Korea ($65.1M), China ($34.1M), Pakistan ($14.4M), Chinese Taipei ($2.57M), and Singapore ($459k).
In 2020, Japan imported $31.4B in Petroleum Gas, mainly from Australia ($11B), United States ($5.12B), Malaysia ($3.48B), Qatar ($3.09B), and Russia ($2.21B).
IN 2020, Japan HAD A POSITIVE NET TRADE IN Petroleum Gas WITH:
IN 2020, Japan HAD A NEGATIVE NET TRADE IN Petroleum Gas WITH:
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Japan WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Japan WERE (2019 - 2020):
In 2019, Japan's main exporting competitors in Petroleum Gas were:
In 2019, Japan's main importing competitors in Petroleum Gas were:
In 2018, the average tariff for Japan in Petroleum Gas was 1.32%.
The countries with the highest tariffs for Petroleum Gas in Japan were Lebanon (Most Favoured Nation duty rate treatement, 4.1%), North Korea (Most Favoured Nation duty rate treatement, 4.1%), Andorra (Most Favoured Nation duty rate treatement, 4.1%), Eritrea (Most Favoured Nation duty rate treatement, 3.26%), and Equatorial Guinea (Most Favoured Nation duty rate treatement, 3.26%).
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