Petroleum Gas in Japan

2019
Exports | Imports
: $150M | $42.3B, World Rnk 61 / 152
Flag Rnk 367 / 1200 | World Rnk 2 / 219
Flag Rnk 2 / 1211

2019
Destination | Origin
: $87.2M | $14.7B, South Korea | Australia

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $3.69M | $918M, Singapore |  Australia

2019
ECONOMIC COMPLEXITY of Japan
: 2.29, Rnk 1 / 157

2019
PRODUCT COMPLEXITY  IN Petroleum Gas
: -2.48, Rnk 1023 / 1029

Exports: In 2019, Japan exported $150M in Petroleum Gas, making it the 61st largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 367th most exported product in Japan. The main destination of Petroleum Gas exports from Japan are: South Korea ($87.2M), China ($56.7M), Singapore ($4.04M), Malaysia ($1.04M), and Chinese Taipei ($427k).

The fastest growing export markets for Petroleum Gas of Japan between 2018 and 2019 were Singapore ($3.69M), Chinese Taipei ($83k), and Thailand ($56.7k).

Imports: In 2019, Japan imported $42.3B 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 ($14.7B), United States ($5.58B), Qatar ($5.32B), Malaysia ($4.16B), and Russia ($2.81B).

The fastest growing import markets in Petroleum Gas for Japan between 2018 and 2019 were Australia ($918M), United States ($385M), and Qatar ($302M).

Tariffs: In 2018, the average tariff for Japan in Petroleum Gas was 1.08%. The countries with the highest import tariffs for Petroleum Gas were Lebanon (4.1%), North Korea (4.1%), Andorra (4.1%), Botswana (1.37%), and Cote d'Ivoire (1.37%).

Overview: In February 2021 Japan's Petroleum Gas exports accounted up to Β₯1.03B and imports accounted up to Β₯472B, resulting in a negative trade balance of Β₯471B. Between February 2020 and February 2021 the exports of Japan's   Petroleum Gas have decreased by Β₯-112M (-9.85%) from Β₯1.14B to Β₯1.03B, while imports increased by Β₯71B (17.7%) from Β₯401B to Β₯472B.

Destinations: In February 2021 Petroleum Gas exported mostly to South Korea (Β₯649M), China (Β₯264M), Taiwan (Β₯112M), Indonesia (Β₯1.22M), and Malaysia (Β₯1.21M), and imported mostly from United States (Β₯118B), Australia (Β₯117B), Qatar (Β₯52.6B), Malaysia (Β₯47.4B), and Russia (Β₯32.3B).

Growth: In February 2021, the decrease in Petroleum Gas's year-by-year exports was explained primarily by a decrease in exports to South Korea (Β₯-173M or -21.1%) and China (Β₯-35.1M or -11.7%). In February 2021, the increase in Petroleum Gas's year-by-year imports was explained primarily by an increase in imports from United States (Β₯54.5B or 86.2%), Papua New Guinea (Β₯7.96B or 47.5%), and Nigeria (Β₯7.67B or 461%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (February 2020 - February 2021): Β₯-112M, (-9.85%)

IMPORT GROWTH (February 2020 - February 2021): Β₯71B, (17.7%)

MAIN EXPORTER (February 2021): Ōita, Β₯483M

MAIN DESTINATION (February 2021): South Korea, Β₯649M

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.

Value

EXPORTS (2019): $150M

IMPORTS (2019): $42.3B

NET TRADE (2019): -$42.2B

In 2019, Japan exported $150M in Petroleum Gas. The main destinations of Japan exports on Petroleum Gas were South Korea ($87.2M), China ($56.7M), Singapore ($4.04M), Malaysia ($1.04M), and Chinese Taipei ($427k).

In 2019, Japan imported $42.3B in Petroleum Gas, mainly from Australia ($14.7B), United States ($5.58B), Qatar ($5.32B), Malaysia ($4.16B), and Russia ($2.81B).

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IN 2019, Japan HAD A POSITIVE NET TRADE IN Petroleum Gas WITH:

IN 2019, Japan HAD A NEGATIVE NET TRADE IN Petroleum Gas WITH:

Flow

THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Japan WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Japan WERE (2018 - 2019):

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Market Concentration

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Type

In 2018, Japan's main exporting competitors in Petroleum Gas were:

In 2018, Japan's main importing competitors in Petroleum Gas were:

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Tariffs by Country

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In 2018, the average tariff for Japan in Petroleum Gas was 1.08%.

The countries with the highest tariffs for Petroleum Gas in Japan were Lebanon (4.1%), North Korea (4.1%), Andorra (4.1%), Botswana (1.37%), and Cote d'Ivoire (1.37%).

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