2022
Exports
$4.86BWorld Rnk 6 / 216
Flag Rnk 33 / 1213
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$1.56BWorld Rnk 15 / 222
Flag Rnk 96 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $4.86B in Industrial Fatty Acids, Oils and Alcohols, making it the 6th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 33rd most exported product in Japan. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Japan are: China ($1.27B), United States ($1.01B), South Korea ($593M), Chinese Taipei ($552M), and India ($398M).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Japan between 2021 and 2022 were India ($270M), United States ($209M), and Thailand ($39.3M).

Imports In 2022, Japan imported $1.56B in Industrial Fatty Acids, Oils and Alcohols, becoming the 15th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 96th most imported product in Japan. Japan imports Industrial Fatty Acids, Oils and Alcohols primarily from: China ($531M), United States ($286M), Chinese Taipei ($173M), Germany ($111M), and South Korea ($81.5M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Japan between 2021 and 2022 were United States ($61.8M), China ($22.8M), and South Korea ($11.5M).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥156M(58.4%)
IMPORT GROWTH (August 2023 - August 2024)¥-316M(-9.62%)
MAIN EXPORTER (August 2024)Hyōgo¥166M
MAIN DESTINATION (August 2024)China¥110M

This section shows Industrial Fatty Acids, Oils and Alcohols'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 Industrial Fatty Acids, Oils and Alcohols over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.86B
IMPORTS (2022)$1.56B
NET TRADE (2022)$3.31B

In 2022, Japan exported $4.86B in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Japan exports on Industrial Fatty Acids, Oils and Alcohols were China ($1.27B), United States ($1.01B), South Korea ($593M), Chinese Taipei ($552M), and India ($398M).

In 2022, Japan imported $1.56B in Industrial Fatty Acids, Oils and Alcohols, mainly from China ($531M), United States ($286M), Chinese Taipei ($173M), Germany ($111M), and South Korea ($81.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Japan WERE (2021 - 2022):
India$270M (211%)
United States$209M (26%)
Thailand$39.3M (42.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Japan WERE (2021 - 2022):
China-$200M (-13.6%)
South Korea-$119M (-16.7%)
Chinese Taipei-$78.3M (-12.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Japan's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.74M
TOP IMPORT POTENTIALIndonesia+ $39.5M

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is China. With an export gap of $5.74M.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Indonesia with an import gap of $39.5M.

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