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2022
Exports $1.34MWorld Rnk 47 / 183
Flag Rnk 997 / 1213
2022
Destination $128k United States
2021 - 2022
FASTEST GROWING MARKET $128kVietnam
2022
PRODUCT COMPLEXITY IN Basketwork-1.47Rnk 944 / 1025
2022
Imports $113MWorld Rnk 6 / 216
Flag Rnk 541 / 1214
2022
Origin $1.94M China
2021 - 2022
FASTEST GROWING ORIGIN $1.94MVietnam
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $1.34M in Basketwork, making it the 47th largest exporter of Basketwork in the world. At the same year, Basketwork was the 997th most exported product in Japan. The main destination of Basketwork exports from Japan are: United States ($247k), Chinese Taipei ($155k), Vietnam ($154k), Democratic Republic of the Congo ($98.8k), and France ($98.5k).

The fastest growing export markets for Basketwork of Japan between 2021 and 2022 were Vietnam ($128k), Democratic Republic of the Congo ($98.8k), and Singapore ($91.5k).

Imports In 2022, Japan imported $113M in Basketwork, becoming the 6th largest importer of Basketwork in the world. At the same year, Basketwork was the 541st most imported product in Japan. Japan imports Basketwork primarily from: China ($74.9M), Vietnam ($16.8M), Spain ($6.84M), Indonesia ($2.65M), and Chinese Taipei ($2.33M).

The fastest growing import markets in Basketwork for Japan between 2021 and 2022 were Vietnam ($1.94M), Spain ($982k), and Cambodia ($413k).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Basketwork exports accounted up to ¥33.2M and imports accounted up to ¥980M, resulting in a negative trade balance of ¥947M. Between June 2023 and June 2024 the exports of Japan's   Basketwork have increased by ¥28.5M (598%) from ¥4.76M to ¥33.2M, while imports decreased by ¥-27.4M (-2.72%) from ¥1.01B to ¥980M.

Destinations In June 2024, Basketwork were exported mostly to United Arab Emirates (¥15M), China (¥7.95M), Hong Kong (¥4.29M), United States (¥3.09M), and Chinese Taipei (¥1.65M), and were imported mostly from China (¥395M), Madagascar (¥157M), Vietnam (¥143M), Spain (¥87M), and Chinese Taipei (¥61.6M).

Growth In June 2024, the increase in Basketwork's year-by-year exports was explained primarily by an increase in exports to China (¥768k or 369%) and United States (¥671k or 35.3%). In June 2024, the decrease in Basketwork's year-by-year imports was explained primarily by a decrease in imports from Sri Lanka (¥-23.5M or -80.3%), Spain (¥-15.2M or -31.6%), and Morocco (¥-2.23M or -24.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥28.5M(598%)
IMPORT GROWTH (June 2023 - June 2024)¥-27.4M(-2.72%)
MAIN EXPORTER (June 2024)Hyōgo¥16.1M
MAIN DESTINATION (June 2024)United Arab Emirates¥15M

This section shows Basketwork'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 Basketwork over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.34M
IMPORTS (2022)$113M
NET TRADE (2022)-$111M

In 2022, Japan exported $1.34M in Basketwork. The main destinations of Japan exports on Basketwork were United States ($247k), Chinese Taipei ($155k), Vietnam ($154k), Democratic Republic of the Congo ($98.8k), and France ($98.5k).

In 2022, Japan imported $113M in Basketwork, mainly from China ($74.9M), Vietnam ($16.8M), Spain ($6.84M), Indonesia ($2.65M), and Chinese Taipei ($2.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Vietnam$128k (487%)
Democratic Republic of the Congo$98.8k (1%)
Singapore$91.5k (1.85k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY Japan WERE (2021 - 2022):
China-$183k (-65.8%)
Saudi Arabia-$114k (-100%)
Netherlands-$98.4k (-97.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Basketwork were:
China $1.3B
Vietnam $407M
India $158M
In 2022, Japan's main importing competitors in Basketwork were:
United States $910M
Germany $217M
United Kingdom $161M

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Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $299k
TOP IMPORT POTENTIALChina+ $4.66M

Basketwork’s highest export potential is United States. With an export gap of $299k.   Basketwork’s highest import potential is China with an import gap of $4.66M.

See methodology.

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