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2022
Exports $66.3MWorld Rnk 14 / 118
Flag Rnk 505 / 1213
2022
Destination $24.4M Chile
2021 - 2022
FASTEST GROWING MARKET $24.4MChile
2022
PRODUCT COMPLEXITY IN Fish oil-1.83Rnk 985 / 1025
2022
Imports $54.1MWorld Rnk 18 / 171
Flag Rnk 716 / 1214
2022
Origin $3.34M Peru
2021 - 2022
FASTEST GROWING ORIGIN $3.34MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $66.3M in Fish oil, making it the 14th largest exporter of Fish oil in the world. At the same year, Fish oil was the 505th most exported product in Japan. The main destination of Fish oil exports from Japan are: Chile ($31.9M), Vietnam ($6.15M), Malaysia ($5.47M), Switzerland ($4.55M), and Netherlands ($4.23M).

The fastest growing export markets for Fish oil of Japan between 2021 and 2022 were Chile ($24.4M), Malaysia ($5.13M), and Canada ($2.55M).

Imports In 2022, Japan imported $54.1M in Fish oil, becoming the 18th largest importer of Fish oil in the world. At the same year, Fish oil was the 716th most imported product in Japan. Japan imports Fish oil primarily from: Peru ($17.2M), China ($9.5M), Chile ($9.23M), Thailand ($5.49M), and United Arab Emirates ($2.6M).

The fastest growing import markets in Fish oil for Japan between 2021 and 2022 were China ($3.34M), Peru ($3.21M), and United Arab Emirates ($1.36M).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Fish oil exports accounted up to ¥661M and imports accounted up to ¥532M, resulting in a positive trade balance of ¥129M. Between June 2023 and June 2024 the exports of Japan's   Fish oil have increased by ¥14.2M (2.19%) from ¥647M to ¥661M, while imports decreased by ¥-996M (-65.2%) from ¥1.53B to ¥532M.

Destinations In June 2024, Fish oil were exported mostly to India (¥409M), Chile (¥154M), Vietnam (¥38.9M), Switzerland (¥27.7M), and South Korea (¥13M), and were imported mostly from N/A.

Growth In June 2024, the increase in Fish oil's year-by-year exports was explained primarily by an increase in exports to Chile (¥181M or 131%), Germany (¥42.8M or 455%), and Vietnam (¥15.8M or 49.7%). In June 2024, the decrease in Fish oil's year-by-year imports was explained primarily by a decrease in imports from United Arab Emirates (¥-32.1M or -70.5%), Thailand (¥-8.32M or -29.5%), and Somalia (¥-2.33M or -7.17%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥14.2M(2.19%)
IMPORT GROWTH (June 2023 - June 2024)¥-996M(-65.2%)
MAIN EXPORTER (June 2024)Hokkaido¥946M
MAIN DESTINATION (June 2024)India¥409M

This section shows Fish oil'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 Fish oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$66.3M
IMPORTS (2022)$54.1M
NET TRADE (2022)$12.2M

In 2022, Japan exported $66.3M in Fish oil. The main destinations of Japan exports on Fish oil were Chile ($31.9M), Vietnam ($6.15M), Malaysia ($5.47M), Switzerland ($4.55M), and Netherlands ($4.23M).

In 2022, Japan imported $54.1M in Fish oil, mainly from Peru ($17.2M), China ($9.5M), Chile ($9.23M), Thailand ($5.49M), and United Arab Emirates ($2.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fish oil EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Chile$24.4M (326%)
Malaysia$5.13M (1.48k%)
Canada$2.55M (137k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish oil BY Japan WERE (2021 - 2022):
Netherlands-$2.6M (-38.1%)
Germany-$840k (-81.3%)
Spain-$764k (-99.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Fish oil were:
Peru $556M
Norway $253M
Chile $249M
In 2022, Japan's main importing competitors in Fish oil were:
Norway $563M
China $258M
Denmark $232M

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Trade Value of Fish oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.31M
TOP IMPORT POTENTIALChina+ $2.04M

Fish oil’s highest export potential is China. With an export gap of $1.31M.   Fish oil’s highest import potential is China with an import gap of $2.04M.

See methodology.

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