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2022
Exports $4.19MWorld Rnk 60 / 184
Flag Rnk 887 / 1213
2022
Destination $649k Macau
2021 - 2022
FASTEST GROWING MARKET $649kMacau
2022
PRODUCT COMPLEXITY IN Salt-1.11Rnk 857 / 1025
2022
Imports $302MWorld Rnk 3 / 222
Flag Rnk 302 / 1214
2022
Origin $31.1M Australia
2021 - 2022
FASTEST GROWING ORIGIN $31.1MAustralia
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $4.19M in Salt, making it the 60th largest exporter of Salt in the world. At the same year, Salt was the 887th most exported product in Japan. The main destination of Salt exports from Japan are: Macau ($707k), China ($580k), Singapore ($553k), Hong Kong ($537k), and Chinese Taipei ($406k).

The fastest growing export markets for Salt of Japan between 2021 and 2022 were Macau ($649k), Singapore ($183k), and South Korea ($66.8k).

Imports In 2022, Japan imported $302M in Salt, becoming the 3rd largest importer of Salt in the world. At the same year, Salt was the 302nd most imported product in Japan. Japan imports Salt primarily from: Australia ($145M), Mexico ($78.1M), China ($48.6M), India ($14.3M), and Italy ($2.85M).

The fastest growing import markets in Salt for Japan between 2021 and 2022 were Australia ($31.1M), China ($9.13M), and Italy ($1.61M).

Latest Trends

July 2024

About

Overview In July 2024 Japan's Salt exports accounted up to ¥33.3M and imports accounted up to ¥3.33B, resulting in a negative trade balance of ¥3.3B. Between July 2023 and July 2024 the exports of Japan's   Salt have decreased by ¥-13M (-28.1%) from ¥46.2M to ¥33.3M, while imports increased by ¥807M (31.9%) from ¥2.53B to ¥3.33B.

Destinations In July 2024, Salt were exported mostly to Vietnam (¥10.3M), Thailand (¥5.72M), Chinese Taipei (¥3.28M), Singapore (¥2.97M), and Malaysia (¥2.77M), and were imported mostly from Australia (¥2.9B), China (¥222M), Pakistan (¥50M), Netherlands (¥40.1M), and France (¥25.6M).

Growth In July 2024, the decrease in Salt's year-by-year exports was explained primarily by a decrease in exports to China (¥-3.69M or -92.8%), Thailand (¥-2.05M or -89.6%), and South Korea (¥-1.09M or -43.1%). In July 2024, the increase in Salt's year-by-year imports was explained primarily by an increase in imports from Australia (¥828M or 54.7%), China (¥187M or 17.2%), and Italy (¥39.4M or 550%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)¥-13M(-28.1%)
IMPORT GROWTH (July 2023 - July 2024)¥807M(31.9%)
MAIN EXPORTER (July 2024)Osaka¥10.3M
MAIN DESTINATION (July 2024)Vietnam¥10.3M

This section shows Salt'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 Salt over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.19M
IMPORTS (2022)$302M
NET TRADE (2022)-$298M

In 2022, Japan exported $4.19M in Salt. The main destinations of Japan exports on Salt were Macau ($707k), China ($580k), Singapore ($553k), Hong Kong ($537k), and Chinese Taipei ($406k).

In 2022, Japan imported $302M in Salt, mainly from Australia ($145M), Mexico ($78.1M), China ($48.6M), India ($14.3M), and Italy ($2.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Salt EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Macau$649k (1.13k%)
Singapore$183k (49.2%)
South Korea$66.8k (38.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salt BY Japan WERE (2021 - 2022):
Egypt-$743k (-100%)
China-$414k (-41.6%)
Malaysia-$255k (-93.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Salt were:
Australia $512M
Netherlands $448M
India $349M
In 2022, Japan's main importing competitors in Salt were:
United States $627M
China $364M

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Trade Value of Salt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $648k
TOP IMPORT POTENTIALIndia+ $8.81M

Salt’s highest export potential is China. With an export gap of $648k.   Salt’s highest import potential is India with an import gap of $8.81M.

See methodology.

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