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2023
Exports $641kWorld Rnk 23 / 62
Flag Rnk 1064 / 1209
2023
Destination $64.7k Indonesia
2022 - 2023
FASTEST GROWING MARKET $64.7kAustralia
2023
Imports $62MWorld Rnk 3 / 121
Flag Rnk 670 / 1209
2023
Origin $27.5M United States
2022 - 2023
FASTEST GROWING ORIGIN $27.5MUnited States
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $641k in Tall Oil, making it the 23rd largest exporter of Tall Oil in the world. At the same year, Tall Oil was the 1064th most exported product in Japan. The main destination of Tall Oil exports from Japan are: Indonesia ($351k), Thailand ($158k), Australia ($64.7k), South Korea ($53.7k), and India ($11.2k).

The fastest growing export markets for Tall Oil of Japan between 2022 and 2023 were Australia ($64.7k), South Korea ($40.3k), and Indonesia ($30.3k).

Imports In 2023, Japan imported $62M in Tall Oil, becoming the 3rd largest importer of Tall Oil in the world. At the same year, Tall Oil was the 670th most imported product in Japan. Japan imports Tall Oil primarily from: United States ($60.6M), Brazil ($1.34M), and United Kingdom ($41.4k).

The fastest growing import markets in Tall Oil for Japan between 2022 and 2023 were United States ($27.5M), Brazil ($350k), and United Kingdom ($31.1k).

Latest Trends

December 2024

About

Overview In December 2024 Japan's Tall Oil exports accounted up to ¥6.75M and imports accounted up to ¥5.25M, resulting in a positive trade balance of ¥1.5M. Between June 2023 and December 2024 the exports of Japan's   Tall Oil have decreased by ¥-7.91M (-54%) from ¥14.7M to ¥6.75M, while imports decreased by ¥-803M (-99.4%) from ¥808M to ¥5.25M.

Destinations In December 2024, Tall Oil were exported mostly to Thailand (¥5.27M) and South Korea (¥1.48M), and were imported mostly from New Zealand (¥5.25M).

Growth In December 2024, the decrease in Tall Oil's year-by-year exports was explained primarily by a decrease in exports to Indonesia (¥-6.52M or -96.6%) and South Korea (¥-498k or -53.5%). In December 2024, the decrease in Tall Oil's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - December 2024)¥-7.91M(-54%)
IMPORT GROWTH (June 2023 - December 2024)¥-803M(-99.4%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Thailand¥5.27M

This section shows Tall Oil'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 Tall Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$641k
IMPORTS (2023)$62M
NET TRADE (2023)-$61.4M

In 2023, Japan exported $641k in Tall Oil. The main destinations of Japan exports on Tall Oil were Indonesia ($351k), Thailand ($158k), Australia ($64.7k), South Korea ($53.7k), and India ($11.2k).

In 2023, Japan imported $62M in Tall Oil, mainly from United States ($60.6M), Brazil ($1.34M), and United Kingdom ($41.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tall Oil EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Australia$64.7k (1%)
South Korea$40.3k (302%)
Indonesia$30.3k (9.44%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tall Oil BY Japan WERE (2022 - 2023):
Thailand-$246k (-60.9%)
Vietnam-$32.6k (-100%)
United Kingdom-$11.7k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Tall Oil were:
United States $352M
Sweden $83.1M
Poland $29.5M
In 2023, Japan's main importing competitors in Tall Oil were:
Finland $205M
Sweden $127M

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Trade Value of Tall Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $15.3k
TOP IMPORT POTENTIALBrazil+ $204k

Tall Oil’s highest export potential is India. With an export gap of $15.3k.   Tall Oil’s highest import potential is Brazil with an import gap of $204k.

See methodology.

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