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2022
Exports $461MWorld Rnk 2 / 165
Flag Rnk 207 / 1213
2022
Destination $1.06M Chinese Taipei
2021 - 2022
FASTEST GROWING MARKET $1.06MSingapore
2022
PRODUCT COMPLEXITY IN Polishes and Creams0.11Rnk 520 / 1025
2022
Imports $52.9MWorld Rnk 13 / 221
Flag Rnk 720 / 1214
2022
Origin $1.64M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.64MGermany
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $461M in Polishes and Creams, making it the 2nd largest exporter of Polishes and Creams in the world. At the same year, Polishes and Creams was the 207th most exported product in Japan. The main destination of Polishes and Creams exports from Japan are: Chinese Taipei ($140M), South Korea ($138M), Singapore ($46.2M), China ($37.5M), and United States ($30.9M).

The fastest growing export markets for Polishes and Creams of Japan between 2021 and 2022 were Singapore ($1.06M), China ($640k), and Switzerland ($443k).

Imports In 2022, Japan imported $52.9M in Polishes and Creams, becoming the 13th largest importer of Polishes and Creams in the world. At the same year, Polishes and Creams was the 720th most imported product in Japan. Japan imports Polishes and Creams primarily from: United States ($21.3M), Germany ($6.58M), Chinese Taipei ($6M), China ($5.94M), and Denmark ($3.03M).

The fastest growing import markets in Polishes and Creams for Japan between 2021 and 2022 were Germany ($1.64M), South Korea ($518k), and United States ($487k).

COMPANIES In 2023, leading companies such as Samsung (18) were at the forefront of shipping Polishes and Creams from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Polishes and Creams exports accounted up to ¥6.12B and imports accounted up to ¥673M, resulting in a positive trade balance of ¥5.45B. Between June 2023 and June 2024 the exports of Japan's   Polishes and Creams have increased by ¥938M (18.1%) from ¥5.18B to ¥6.12B, while imports decreased by ¥-53.3M (-7.34%) from ¥726M to ¥673M.

Destinations In June 2024, Polishes and Creams were exported mostly to China (¥2B), Chinese Taipei (¥1.39B), South Korea (¥919M), Malaysia (¥444M), and Singapore (¥400M), and were imported mostly from United States (¥276M), Germany (¥120M), China (¥84.4M), South Korea (¥48.9M), and Chinese Taipei (¥45.3M).

Growth In June 2024, the increase in Polishes and Creams's year-by-year exports was explained primarily by an increase in exports to Singapore (¥138M or 33.2%), France (¥10.2M or 57.3%), and Hong Kong (¥5.52M or 30.8%). In June 2024, the decrease in Polishes and Creams's year-by-year imports was explained primarily by a decrease in imports from United States (¥-117M or -36.1%), United Kingdom (¥-33.8M or -77.5%), and China (¥-31.6M or -32%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥938M(18.1%)
IMPORT GROWTH (June 2023 - June 2024)¥-53.3M(-7.34%)
MAIN EXPORTER (June 2024)Aichi¥3.3B
MAIN DESTINATION (June 2024)China¥2B

This section shows Polishes and Creams'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 Polishes and Creams over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$461M
IMPORTS (2022)$52.9M
NET TRADE (2022)$408M

In 2022, Japan exported $461M in Polishes and Creams. The main destinations of Japan exports on Polishes and Creams were Chinese Taipei ($140M), South Korea ($138M), Singapore ($46.2M), China ($37.5M), and United States ($30.9M).

In 2022, Japan imported $52.9M in Polishes and Creams, mainly from United States ($21.3M), Germany ($6.58M), Chinese Taipei ($6M), China ($5.94M), and Denmark ($3.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Polishes and Creams EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Singapore$1.06M (2.35%)
China$640k (1.74%)
Switzerland$443k (382%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polishes and Creams BY Japan WERE (2021 - 2022):
South Korea-$18.1M (-11.6%)
Malaysia-$14.1M (-35%)
Germany-$5.53M (-71%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Polishes and Creams were:
United States $544M
Germany $236M
In 2022, Japan's main importing competitors in Polishes and Creams were:
China $346M
Chinese Taipei $244M
South Korea $192M

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Trade Value of Polishes and Creams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.4M
TOP IMPORT POTENTIALChina+ $2.39M

Polishes and Creams’s highest export potential is China. With an export gap of $10.4M.   Polishes and Creams’s highest import potential is China with an import gap of $2.39M.

See methodology.

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