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2022
Exports $58.1MWorld Rnk 12 / 84
Flag Rnk 522 / 1213
2022
Destination $5.44M India
2021 - 2022
FASTEST GROWING MARKET $5.44MItaly
2022
PRODUCT COMPLEXITY IN Tug Boats-0.93Rnk 819 / 1025
2022
Imports $432kWorld Rnk 104 / 141
Flag Rnk 1176 / 1214
2022
Origin $2.07k China
2021 - 2022
FASTEST GROWING ORIGIN $2.07kPanama
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $58.1M in Tug Boats, making it the 12th largest exporter of Tug Boats in the world. At the same year, Tug Boats was the 522nd most exported product in Japan. The main destination of Tug Boats exports from Japan are: India ($25.5M), Italy ($5.44M), Nauru ($3.96M), Vietnam ($3.66M), and Philippines ($3.19M).

The fastest growing export markets for Tug Boats of Japan between 2021 and 2022 were Italy ($5.44M), Gabon ($2.14M), and Kiribati ($1.83M).

Imports In 2022, Japan imported $432k in Tug Boats, becoming the 104th largest importer of Tug Boats in the world. At the same year, Tug Boats was the 1176th most imported product in Japan. Japan imports Tug Boats primarily from: China ($430k) and Panama ($2.07k).

The fastest growing import markets in Tug Boats for Japan between 2021 and 2022 were Panama ($2.07k).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Tug Boats exports accounted up to ¥1.44B and imports accounted up to ¥71.1M, resulting in a positive trade balance of ¥1.37B. Between May 2023 and June 2024 the exports of Japan's   Tug Boats have increased by ¥1.33B (1.21k%) from ¥110M to ¥1.44B, while imports increased by ¥71.1M (N/A%) from ¥0 to ¥71.1M.

Destinations In June 2024, Tug Boats were exported mostly to Tonga (¥804M), Panama (¥305M), Mongolia (¥270M), South Korea (¥54M), and Cambodia (¥8.5M), and were imported mostly from .

Growth In June 2024, the increase in Tug Boats's year-by-year exports was explained primarily by an increase in exports to . In May 2023, the increase in Tug Boats's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)¥1.33B(1.21k%)
IMPORT GROWTH (June 2020 - May 2023)¥71.1M(N/A%)
MAIN EXPORTER (June 2024)Yamaguchi¥804M
MAIN DESTINATION (June 2024)Tonga¥804M

This section shows Tug Boats'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 Tug Boats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$58.1M
IMPORTS (2022)$432k
NET TRADE (2022)$57.7M

In 2022, Japan exported $58.1M in Tug Boats. The main destinations of Japan exports on Tug Boats were India ($25.5M), Italy ($5.44M), Nauru ($3.96M), Vietnam ($3.66M), and Philippines ($3.19M).

In 2022, Japan imported $432k in Tug Boats, mainly from China ($430k) and Panama ($2.07k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tug Boats EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Italy$5.44M (1%)
Gabon$2.14M (1%)
Kiribati$1.83M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tug Boats BY Japan WERE (2021 - 2022):
India-$12.5M (-32.9%)
Saudi Arabia-$7.87M (-100%)
Nauru-$4.02M (-50.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Tug Boats were:
China $444M
Qatar $340M
Singapore $339M
In 2022, Japan's main importing competitors in Tug Boats were:
United Arab Emirates $453M
India $364M
Singapore $195M

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Trade Value of Tug Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.26M
TOP IMPORT POTENTIALChina+ $281k

Tug Boats’s highest export potential is China. With an export gap of $1.26M.   Tug Boats’s highest import potential is China with an import gap of $281k.

See methodology.

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