Petroleum Gas in Japan 2021 Exports | Imports : $165M | $40.2B, World Rnk 63 / 165 Rnk 356 / 1206 | World Rnk 2 / 221 Rnk 2 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $48M | $3.64B, South Korea | United States
2021 ECONOMIC COMPLEXITY of Japan: 2.06, Rnk 1 / 131
2021 PRODUCT COMPLEXITY IN Petroleum Gas: -2, Rnk 1002 / 1029
Exports In 2021, Japan exported $165M in Petroleum Gas, making it the 63rd largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 356th most exported product in Japan. The main destination of Petroleum Gas exports from Japan are: South Korea ($113M), China ($21.6M), Burma ($15.2M), Chinese Taipei ($14.3M), and United States ($376k).
The fastest growing export markets for Petroleum Gas of Japan between 2020 and 2021 were South Korea ($48M), Burma ($15.2M), and Chinese Taipei ($11.8M).
Imports In 2021, Japan imported $40.2B 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 ($12.8B), United States ($8.76B), Malaysia ($4.23B), Qatar ($3.83B), and Brunei ($1.94B).
The fastest growing import markets in Petroleum Gas for Japan between 2020 and 2021 were United States ($3.64B), Australia ($1.78B), and Qatar ($742M).
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 treatment, 4.1%), North Korea (Most Favoured Nation duty rate treatment, 4.1%), Andorra (Most Favoured Nation duty rate treatment, 4.1%), Eritrea (Most Favoured Nation duty rate treatment, 3.26%), and Equatorial Guinea (Most Favoured Nation duty rate treatment, 3.26%).
January 2023
Overview In January 2023 Japan's Petroleum Gas exports accounted up to ¥1.25B and imports accounted up to ¥964B, resulting in a negative trade balance of ¥963B. Between January 2022 and January 2023 the exports of Japan's Petroleum Gas have increased by ¥482M (62.8%) from ¥767M to ¥1.25B, while imports increased by ¥327B (51.3%) from ¥637B to ¥964B.
Destinations In January 2023, Petroleum Gas were exported mostly to South Korea (Â¥763M), China (Â¥277M), Taiwan (Â¥207M), and Malaysia (Â¥1.48M), and were imported mostly from Australia (Â¥324B), United States (Â¥133B), Malaysia (Â¥128B), Russia (Â¥78.6B), and Qatar (Â¥61.8B).
Growth In January 2023, the increase in Petroleum Gas's year-by-year exports was explained primarily by an increase in exports to South Korea (Â¥229M or 42.7%). In January 2023, the increase in Petroleum Gas's year-by-year imports was explained primarily by an increase in imports from Australia (Â¥87.6B or 64.8%), Russia (Â¥39.5B or 165%), and Malaysia (Â¥31.6B or 83.9%).
EXPORT GROWTH (January 2022 - January 2023): ¥482M, (62.8%)
IMPORT GROWTH (January 2022 - January 2023): ¥327B, (51.3%)
MAIN EXPORTER (January 2023): Yamaguchi, ¥361M
MAIN DESTINATION (January 2023): South Korea, ¥763M
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 (2021): $165M
IMPORTS (2021): $40.2B
NET TRADE (2021): -$40B
In 2021, Japan exported $165M in Petroleum Gas. The main destinations of Japan exports on Petroleum Gas were South Korea ($113M), China ($21.6M), Burma ($15.2M), Chinese Taipei ($14.3M), and United States ($376k).
In 2021, Japan imported $40.2B in Petroleum Gas, mainly from Australia ($12.8B), United States ($8.76B), Malaysia ($4.23B), Qatar ($3.83B), and Brunei ($1.94B).
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Japan WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Japan WERE (2020 - 2021):
In 2021, Japan's main exporting competitors in Petroleum Gas were:
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