Refined Petroleum in   Japan

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%).