Processed Fish in Japan 2021 Exports | Imports : $221M | $1.71B, World Rnk 21 / 173 Rnk 316 / 1206 | World Rnk 2 / 221 Rnk 81 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $13M | $135M, United States | China
2021 ECONOMIC COMPLEXITY of Japan: 2.06, Rnk 1 / 131
2021 PRODUCT COMPLEXITY IN Processed Fish: -1.52, Rnk 958 / 1029
Exports In 2021, Japan exported $221M in Processed Fish, making it the 21st largest exporter of Processed Fish in the world. At the same year, Processed Fish was the 316th most exported product in Japan. The main destination of Processed Fish exports from Japan are: United States ($54.9M), Hong Kong ($43.8M), Chinese Taipei ($34M), China ($18.1M), and Thailand ($11.5M).
The fastest growing export markets for Processed Fish of Japan between 2020 and 2021 were United States ($13M), Chinese Taipei ($8.5M), and Hong Kong ($4.51M).
Imports In 2021, Japan imported $1.71B in Processed Fish, becoming the 2nd largest importer of Processed Fish in the world. At the same year, Processed Fish was the 81st most imported product in Japan. Japan imports Processed Fish primarily from: China ($976M), Thailand ($339M), Vietnam ($189M), Philippines ($78.6M), and Indonesia ($55.8M).
The fastest growing import markets in Processed Fish for Japan between 2020 and 2021 were China ($135M), Philippines ($14.6M), and Chinese Taipei ($3.66M).
Tariffs In 2018, the average tariff for Japan in Processed Fish was 8.83%. The countries with the highest import tariffs for Processed Fish were India (Most Favoured Nation duty rate treatment, 9.87%), Lebanon (Most Favoured Nation duty rate treatment, 9.87%), North Korea (Most Favoured Nation duty rate treatment, 9.82%), Andorra (Most Favoured Nation duty rate treatment, 9.82%), and Eritrea (Most Favoured Nation duty rate treatment, 9.72%).
February 2023
Overview In February 2023 Japan's Processed Fish exports accounted up to ¥1.98B and imports accounted up to ¥12.8B, resulting in a negative trade balance of ¥10.8B. Between February 2022 and February 2023 the exports of Japan's Processed Fish have decreased by ¥-740M (-27.2%) from ¥2.72B to ¥1.98B, while imports decreased by ¥-1.67B (-11.6%) from ¥14.4B to ¥12.8B.
Destinations In February 2023, Processed Fish were exported mostly to Hong Kong (¥425M), Taiwan (¥350M), United States (¥295M), China (¥164M), and South Korea (¥131M), and were imported mostly from China (¥5.45B), Thailand (¥3.91B), Vietnam (¥1.13B), Indonesia (¥847M), and Philippines (¥626M).
Growth In February 2023, the decrease in Processed Fish's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (¥-28.3M or -8.04%), Micronesia (¥-13M or -96.3%), and Saudi Arabia (¥-12.8M or -20.9%). In February 2023, the decrease in Processed Fish's year-by-year imports was explained primarily by a decrease in imports from Philippines (¥-269M or -39.9%), India (¥-24.8M or -46.5%), and Italy (¥-15.2M or -31.6%).
EXPORT GROWTH (February 2022 - February 2023): ¥-740M, (-27.2%)
IMPORT GROWTH (February 2022 - February 2023): ¥-1.67B, (-11.6%)
MAIN EXPORTER (February 2023): Tokyo, ¥606M
MAIN DESTINATION (February 2023): Hong Kong, ¥425M
This section shows Processed Fish'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 Processed Fish over time.
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EXPORTS (2021): $221M
IMPORTS (2021): $1.71B
NET TRADE (2021): -$1.49B
In 2021, Japan exported $221M in Processed Fish. The main destinations of Japan exports on Processed Fish were United States ($54.9M), Hong Kong ($43.8M), Chinese Taipei ($34M), China ($18.1M), and Thailand ($11.5M).
In 2021, Japan imported $1.71B in Processed Fish, mainly from China ($976M), Thailand ($339M), Vietnam ($189M), Philippines ($78.6M), and Indonesia ($55.8M).
THE FASTEST GROWING Processed Fish EXPORT MARKETS FOR Japan WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Fish BY Japan WERE (2020 - 2021):
In 2021, Japan's main exporting competitors in Processed Fish were:
In 2021, Japan's main importing competitors in Processed Fish were:
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