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2022
Exports $51.1MWorld Rnk 41 / 166
Flag Rnk 542 / 1213
2022
Destination $12.3M Philippines
2021 - 2022
FASTEST GROWING MARKET $12.3MPhilippines
2022
PRODUCT COMPLEXITY IN Concentrated Milk-0.77Rnk 774 / 1025
2022
Imports $159MWorld Rnk 38 / 224
Flag Rnk 452 / 1214
2022
Origin $11.2M Singapore
2021 - 2022
FASTEST GROWING ORIGIN $11.2MNew Zealand
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $51.1M in Concentrated Milk, making it the 41st largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 542nd most exported product in Japan. The main destination of Concentrated Milk exports from Japan are: Philippines ($12.3M), Malaysia ($12.1M), Singapore ($9.77M), Hong Kong ($8.18M), and Chinese Taipei ($3.08M).

The fastest growing export markets for Concentrated Milk of Japan between 2021 and 2022 were Philippines ($12.3M), Malaysia ($10.8M), and Singapore ($8.21M).

Imports In 2022, Japan imported $159M in Concentrated Milk, becoming the 38th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 452nd most imported product in Japan. Japan imports Concentrated Milk primarily from: Singapore ($89M), New Zealand ($26.6M), Australia ($17.7M), United States ($8.62M), and Thailand ($5.63M).

The fastest growing import markets in Concentrated Milk for Japan between 2021 and 2022 were New Zealand ($11.2M), Singapore ($8.5M), and Australia ($5.73M).

COMPANIES In 2023, leading companies such as Toyota (4) were at the forefront of shipping Concentrated Milk from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Concentrated Milk exports accounted up to ¥62.2M and imports accounted up to ¥655M, resulting in a negative trade balance of ¥593M. Between June 2023 and June 2024 the exports of Japan's   Concentrated Milk have decreased by ¥-9.51M (-13.2%) from ¥71.7M to ¥62.2M, while imports increased by ¥56.9M (9.52%) from ¥598M to ¥655M.

Destinations In June 2024, Concentrated Milk were exported mostly to Chinese Taipei (¥23.5M), Hong Kong (¥22M), Philippines (¥5.62M), Singapore (¥2.99M), and South Korea (¥2.45M), and were imported mostly from New Zealand (¥366M), United States (¥106M), Australia (¥84.2M), Netherlands (¥57.6M), and Italy (¥17.9M).

Growth In June 2024, the decrease in Concentrated Milk's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei (¥-53.6M or -81.7%). In June 2024, the increase in Concentrated Milk's year-by-year imports was explained primarily by an increase in imports from Finland (¥60.9M or 615%) and Australia (¥24.1M or 12.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-9.51M(-13.2%)
IMPORT GROWTH (June 2023 - June 2024)¥56.9M(9.52%)
MAIN EXPORTER (June 2024)Kanagawa¥58.8M
MAIN DESTINATION (June 2024)Chinese Taipei¥23.5M

This section shows Concentrated Milk'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 Concentrated Milk over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$51.1M
IMPORTS (2022)$159M
NET TRADE (2022)-$108M

In 2022, Japan exported $51.1M in Concentrated Milk. The main destinations of Japan exports on Concentrated Milk were Philippines ($12.3M), Malaysia ($12.1M), Singapore ($9.77M), Hong Kong ($8.18M), and Chinese Taipei ($3.08M).

In 2022, Japan imported $159M in Concentrated Milk, mainly from Singapore ($89M), New Zealand ($26.6M), Australia ($17.7M), United States ($8.62M), and Thailand ($5.63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Philippines$12.3M (177k%)
Malaysia$10.8M (887%)
Singapore$8.21M (524%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Japan WERE (2021 - 2022):
Hong Kong-$3.42M (-29.5%)
Kiribati-$7.18k (-100%)
United Arab Emirates-$3.37k (-12.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Concentrated Milk were:
New Zealand $6.99B
United States $3.25B
Netherlands $2.11B
In 2022, Japan's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.39M
TOP IMPORT POTENTIALNew Zealand+ $9.93M

Concentrated Milk’s highest export potential is China. With an export gap of $1.39M.   Concentrated Milk’s highest import potential is New Zealand with an import gap of $9.93M.

See methodology.

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