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2023
Exports $288MWorld Rnk 10 / 175
Flag Rnk 274 / 1209
2023
Destination $3.23M China
2022 - 2023
FASTEST GROWING MARKET $3.23MGermany
2023
PRODUCT COMPLEXITY IN Bandages0.86Rnk 224 / 1025
2023
Imports $233MWorld Rnk 11 / 221
Flag Rnk 346 / 1209
2023
Origin $9.58M China
2022 - 2023
FASTEST GROWING ORIGIN $9.58MHungary
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $288M in Bandages, making it the 10th largest exporter of Bandages in the world. At the same year, Bandages was the 274th most exported product in Japan. The main destination of Bandages exports from Japan are: China ($75.6M), United States ($68.8M), Hong Kong ($62M), Germany ($10.1M), and South Korea ($7.92M).

The fastest growing export markets for Bandages of Japan between 2022 and 2023 were Germany ($3.23M), Thailand ($2.7M), and Italy ($1.07M).

Imports In 2023, Japan imported $233M in Bandages, becoming the 11th largest importer of Bandages in the world. At the same year, Bandages was the 346th most imported product in Japan. Japan imports Bandages primarily from: China ($112M), Hungary ($32M), United States ($26.6M), Germany ($12.5M), and Singapore ($7.85M).

The fastest growing import markets in Bandages for Japan between 2022 and 2023 were Hungary ($9.58M), Malaysia ($3.79M), and United Kingdom ($1.82M).

COMPANIES In 2024, leading companies such as Panasonic (11) were at the forefront of shipping Bandages from Japan to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Japan's Bandages exports accounted up to ¥6.5B and imports accounted up to ¥2.95B, resulting in a positive trade balance of ¥3.55B. Between December 2023 and December 2024 the exports of Japan's   Bandages have increased by ¥525M (8.8%) from ¥5.97B to ¥6.5B, while imports increased by ¥257M (9.55%) from ¥2.69B to ¥2.95B.

Destinations In December 2024, Bandages were exported mostly to China (¥2.29B), United States (¥2.14B), Hong Kong (¥980M), Germany (¥394M), and South Korea (¥132M), and were imported mostly from China (¥1.32B), United States (¥702M), Hungary (¥401M), United Kingdom (¥79.7M), and Dominican Republic (¥70.3M).

Growth In December 2024, the increase in Bandages's year-by-year exports was explained primarily by an increase in exports to United States (¥327M or 55.3%), China (¥308M or 39.6%), and Canada (¥108M or 9.24k%). In December 2024, the increase in Bandages's year-by-year imports was explained primarily by an increase in imports from United States (¥107M or 36.3%), China (¥73.9M or 5.5%), and Dominican Republic (¥27M or 1.11k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)¥525M(8.8%)
IMPORT GROWTH (December 2023 - December 2024)¥257M(9.55%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)China¥2.29B

This section shows Bandages'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 Bandages over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$288M
IMPORTS (2023)$233M
NET TRADE (2023)$54.8M

In 2023, Japan exported $288M in Bandages. The main destinations of Japan exports on Bandages were China ($75.6M), United States ($68.8M), Hong Kong ($62M), Germany ($10.1M), and South Korea ($7.92M).

In 2023, Japan imported $233M in Bandages, mainly from China ($112M), Hungary ($32M), United States ($26.6M), Germany ($12.5M), and Singapore ($7.85M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Germany$3.23M (47%)
Thailand$2.7M (57.3%)
Italy$1.07M (26.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Japan WERE (2022 - 2023):
United States-$30.3M (-30.6%)
China-$16.3M (-17.8%)
South Korea-$9.82M (-55.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Bandages were:
China $2.61B
United States $1.07B
Germany $951M
In 2023, Japan's main importing competitors in Bandages were:
United States $1.61B
Germany $1.02B
Netherlands $700M

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.32M
TOP IMPORT POTENTIALChina+ $23.9M

Bandages’s highest export potential is United States. With an export gap of $7.32M.   Bandages’s highest import potential is China with an import gap of $23.9M.

See methodology.

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