2022
Exports
$10.6BWorld Rnk 19 / 223
Flag Rnk 13 / 96
2022
PRODUCT COMPLEXITY IN Pharmaceutical products
1.38Rnk 75 / 1025
2022
Imports
$36.3BWorld Rnk 6 / 226
Flag Rnk 4 / 96
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $10.6B in Pharmaceutical products, making it the 19th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 13th most exported product in Japan. The main destination of Pharmaceutical products exports from Japan are: United States ($4.37B), Switzerland ($1.49B), China ($1.01B), Germany ($437M), and South Korea ($366M).

The fastest growing export markets for Pharmaceutical products of Japan between 2021 and 2022 were United States ($643M), Switzerland ($90.7M), and Kuwait ($44.8M).

Imports In 2022, Japan imported $36.3B in Pharmaceutical products, becoming the 6th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 4th most imported product in Japan. Japan imports Pharmaceutical products primarily from: United States ($7.64B), Belgium ($6.65B), Switzerland ($4.85B), Germany ($3.86B), and Ireland ($2.99B).

The fastest growing import markets in Pharmaceutical products for Japan between 2021 and 2022 were Spain ($2.43B), United States ($1.21B), and Belgium ($1.18B).

COMPANIES In 2023, leading companies such as Panasonic (16), Wismettac Asian Foods (3), and Tesla (3) were at the forefront of shipping Pharmaceutical products from Japan to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)¥14.9B(16.6%)
IMPORT GROWTH (July 2023 - July 2024)¥148B(47%)
MAIN EXPORTER (July 2024)Osaka¥58.5B
MAIN DESTINATION (July 2024)Switzerland¥34.3B

This section shows Pharmaceutical products'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 Pharmaceutical products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.6B
IMPORTS (2022)$36.3B
NET TRADE (2022)-$25.7B

In 2022, Japan exported $10.6B in Pharmaceutical products. The main destinations of Japan exports on Pharmaceutical products were United States ($4.37B), Switzerland ($1.49B), China ($1.01B), Germany ($437M), and South Korea ($366M).

In 2022, Japan imported $36.3B in Pharmaceutical products, mainly from United States ($7.64B), Belgium ($6.65B), Switzerland ($4.85B), Germany ($3.86B), and Ireland ($2.99B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$643M (17.2%)
Switzerland$90.7M (6.5%)
Kuwait$44.8M (274%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Japan WERE (2021 - 2022):
China-$135M (-11.8%)
Thailand-$43.2M (-33.2%)
Germany-$40.3M (-8.46%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Pharmaceutical products were:
In 2022, Japan's main importing competitors in Pharmaceutical products were:

Explore Visualizations

Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $599M
TOP IMPORT POTENTIALGermany+ $829M

Pharmaceutical products’s highest export potential is China. With an export gap of $599M.   Pharmaceutical products’s highest import potential is Germany with an import gap of $829M.

See methodology.

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