HS Icon Refined Petroleum in  Flag Japan

2020
Exports | Imports
: $5.02B | $10.5B, World Rnk 21 / 212
Flag Rnk 20 / 1207 | World Rnk 13 / 224
Flag Rnk 8 / 1206

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $70.2M | $176M, Netherlands |  Egypt

2020
ECONOMIC COMPLEXITY of Japan
: 2.19, Rnk 1 / 127

2020
PRODUCT COMPLEXITY  IN Refined Petroleum
: -0.94, Rnk 822 / 1029

Exports In 2020, Japan exported $5.02B in Refined Petroleum, making it the 21st largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 20th most exported product in Japan. The main destination of Refined Petroleum exports from Japan are: South Korea ($1.14B), Australia ($843M), Singapore ($707M), Malaysia ($454M), and China ($443M).

The fastest growing export markets for Refined Petroleum of Japan between 2019 and 2020 were Netherlands ($70.2M), Bangladesh ($35.3M), and South Africa ($21.1M).

Imports In 2020, Japan imported $10.5B in Refined Petroleum, becoming the 13th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 8th most imported product in Japan. Japan imports Refined Petroleum primarily from: South Korea ($2.75B), Qatar ($1.63B), United Arab Emirates ($1.29B), United States ($742M), and Kuwait ($495M).

The fastest growing import markets in Refined Petroleum for Japan between 2019 and 2020 were Egypt ($176M), United States ($110M), and Bahrain ($72M).

Tariffs In 2018, the average tariff for Japan in Refined Petroleum was 1.6%. The countries with the highest import tariffs for Refined Petroleum were Lebanon (Most Favoured Nation duty rate treatement, 3.92%), North Korea (Most Favoured Nation duty rate treatement, 3.72%), Andorra (Most Favoured Nation duty rate treatement, 3.72%), Western Sahara (Most Favoured Nation duty rate treatement, 1.89%), and Mayotte (Most Favoured Nation duty rate treatement, 1.89%).

December 2022

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (December 2021 - December 2022): ¥69.6B, (89.5%)

IMPORT GROWTH (December 2021 - December 2022): ¥9.64B, (4.14%)

MAIN EXPORTER (December 2022): Chiba, ¥42.4B

MAIN DESTINATION (December 2022): Singapore, ¥28.9B

This section shows Refined Petroleum'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 Refined Petroleum over time.

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Historical Data

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EXPORTS (2020): $5.02B

IMPORTS (2020): $10.5B

NET TRADE (2020): -$5.45B

In 2020, Japan exported $5.02B in Refined Petroleum. The main destinations of Japan exports on Refined Petroleum were South Korea ($1.14B), Australia ($843M), Singapore ($707M), Malaysia ($454M), and China ($443M).

In 2020, Japan imported $10.5B in Refined Petroleum, mainly from South Korea ($2.75B), Qatar ($1.63B), United Arab Emirates ($1.29B), United States ($742M), and Kuwait ($495M).

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THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Japan WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Japan WERE (2019 - 2020):

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Market Concentration

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In 2020, Japan's main exporting competitors in Refined Petroleum were:

In 2020, Japan's main importing competitors in Refined Petroleum were:

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