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2022
Exports $676kWorld Rnk 86 / 152
Flag Rnk 1064 / 1213
2022
Destination $59.8k Thailand
2021 - 2022
FASTEST GROWING MARKET $59.8kSingapore
2022
PRODUCT COMPLEXITY IN Seed Oils-0.99Rnk 836 / 1025
2022
Imports $41MWorld Rnk 70 / 211
Flag Rnk 773 / 1214
2022
Origin $2.57M Spain
2021 - 2022
FASTEST GROWING ORIGIN $2.57MSpain
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $676k in Seed Oils, making it the 86th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 1064th most exported product in Japan. The main destination of Seed Oils exports from Japan are: Thailand ($151k), China ($142k), Singapore ($132k), France ($81.4k), and United States ($67.2k).

The fastest growing export markets for Seed Oils of Japan between 2021 and 2022 were Singapore ($59.8k), France ($37.6k), and Thailand ($29.4k).

Imports In 2022, Japan imported $41M in Seed Oils, becoming the 70th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 773rd most imported product in Japan. Japan imports Seed Oils primarily from: Spain ($8.77M), Russia ($6.45M), United States ($5.35M), Turkey ($4.59M), and Malaysia ($3.85M).

The fastest growing import markets in Seed Oils for Japan between 2021 and 2022 were Spain ($2.57M), Belgium ($1.55M), and Hungary ($1.26M).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Seed Oils exports accounted up to ¥4.03M and imports accounted up to ¥210M, resulting in a negative trade balance of ¥206M. Between August 2023 and August 2024 the exports of Japan's   Seed Oils have increased by ¥1.19M (42%) from ¥2.84M to ¥4.03M, while imports decreased by ¥-132M (-38.5%) from ¥342M to ¥210M.

Destinations In August 2024, Seed Oils were exported mostly to Thailand (¥2.07M), China (¥1.14M), Singapore (¥298k), Hong Kong (¥287k), and Macau (¥227k), and were imported mostly from Hungary (¥57.9M), France (¥44.3M), Spain (¥35.9M), Turkey (¥23M), and Italy (¥20.9M).

Growth In August 2024, the increase in Seed Oils's year-by-year exports was explained primarily by an increase in exports to United States (¥648k or 171%). In August 2024, the decrease in Seed Oils's year-by-year imports was explained primarily by a decrease in imports from United States (¥-272M or -99.4%), France (¥-152M or -99.3%), and Turkey (¥-31.1M or -58.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥1.19M(42%)
IMPORT GROWTH (August 2023 - August 2024)¥-132M(-38.5%)
MAIN EXPORTER (August 2024)Kanagawa¥5.29M
MAIN DESTINATION (August 2024)Thailand¥2.07M

This section shows Seed Oils'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 Seed Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$676k
IMPORTS (2022)$41M
NET TRADE (2022)-$40.3M

In 2022, Japan exported $676k in Seed Oils. The main destinations of Japan exports on Seed Oils were Thailand ($151k), China ($142k), Singapore ($132k), France ($81.4k), and United States ($67.2k).

In 2022, Japan imported $41M in Seed Oils, mainly from Spain ($8.77M), Russia ($6.45M), United States ($5.35M), Turkey ($4.59M), and Malaysia ($3.85M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Singapore$59.8k (82.9%)
France$37.6k (86%)
Thailand$29.4k (24.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Japan WERE (2021 - 2022):
United States-$164k (-70.9%)
Turkey-$54.7k (-100%)
South Korea-$38.3k (-70.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Japan's main importing competitors in Seed Oils were:
India $2.88B
Turkey $1.84B
Netherlands $1.26B

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $249k
TOP IMPORT POTENTIALUkraine+ $5.49M

Seed Oils’s highest export potential is China. With an export gap of $249k.   Seed Oils’s highest import potential is Ukraine with an import gap of $5.49M.

See methodology.

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