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2023
Exports $64kWorld Rnk 120 / 158
Flag Rnk 1151 / 1209
2023
Destination $10.5k France
2022 - 2023
FASTEST GROWING MARKET $10.5kSingapore
2023
PRODUCT COMPLEXITY IN Corn-1.03Rnk 838 / 1025
2023
Imports $4.52BWorld Rnk 3 / 216
Flag Rnk 23 / 1209
2023
Origin $520M United States
2022 - 2023
FASTEST GROWING ORIGIN $520MBrazil
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $64k in Corn, making it the 120th largest exporter of Corn in the world. At the same year, Corn was the 1151st most exported product in Japan. The main destination of Corn exports from Japan are: France ($34.6k), Hong Kong ($13.1k), Singapore ($11.2k), Thailand ($2.05k), and Cambodia ($930).

The fastest growing export markets for Corn of Japan between 2022 and 2023 were Singapore ($10.5k), Thailand ($2.05k), and Turkey ($347).

Imports In 2023, Japan imported $4.52B in Corn, becoming the 3rd largest importer of Corn in the world. At the same year, Corn was the 23rd most imported product in Japan. Japan imports Corn primarily from: United States ($2.32B), Brazil ($1.76B), Argentina ($194M), South Africa ($182M), and Paraguay ($19.9M).

The fastest growing import markets in Corn for Japan between 2022 and 2023 were Brazil ($520M), Paraguay ($19.9M), and Romania ($13.4M).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Corn exports accounted up to ¥921k and imports accounted up to ¥51.8B, resulting in a negative trade balance of ¥51.8B. Between June 2023 and November 2024 the exports of Japan's   Corn have increased by ¥221k (31.6%) from ¥700k to ¥921k, while imports decreased by ¥-6.06B (-10.5%) from ¥57.8B to ¥51.8B.

Destinations In November 2024, Corn were exported mostly to , and were imported mostly from United States (¥26B), Brazil (¥25.7B), India (¥49.8M), Peru (¥20.8M), and China (¥18M).

Growth In November 2024, the increase in Corn's year-by-year exports was explained primarily by an increase in exports to . In December 2024, the decrease in Corn's year-by-year imports was explained primarily by a decrease in imports from Brazil (¥-22.4B or -51.3%), South Africa (¥-193M or -67.9%), and Argentina (¥-55.6M or -13%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - November 2024)¥221k(31.6%)
IMPORT GROWTH (December 2023 - December 2024)¥-6.06B(-10.5%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)

This section shows Corn'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 Corn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$64k
IMPORTS (2023)$4.52B
NET TRADE (2023)-$4.52B

In 2023, Japan exported $64k in Corn. The main destinations of Japan exports on Corn were France ($34.6k), Hong Kong ($13.1k), Singapore ($11.2k), Thailand ($2.05k), and Cambodia ($930).

In 2023, Japan imported $4.52B in Corn, mainly from United States ($2.32B), Brazil ($1.76B), Argentina ($194M), South Africa ($182M), and Paraguay ($19.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Singapore$10.5k (1.49k%)
Thailand$2.05k (1%)
Turkey$347 (327%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Japan WERE (2022 - 2023):
France-$11.6k (-25.1%)
Mozambique-$11k (-100%)
China-$9.18k (-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 Corn were:
Brazil $14.4B
United States $14.4B
Argentina $6.62B
In 2023, Japan's main importing competitors in Corn were:
China $7.56B
Mexico $5.8B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $44.3k
TOP IMPORT POTENTIALArgentina+ $54M

Corn’s highest export potential is China. With an export gap of $44.3k.   Corn’s highest import potential is Argentina with an import gap of $54M.

See methodology.

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