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2022
Exports $1.42MWorld Rnk 46 / 153
Flag Rnk 992 / 1213
2022
Destination $432k Vietnam
2021 - 2022
FASTEST GROWING MARKET $432kVietnam
2022
PRODUCT COMPLEXITY IN Insect Resins-2.5Rnk 1019 / 1025
2022
Imports $18.1MWorld Rnk 12 / 197
Flag Rnk 911 / 1214
2022
Origin $3.85M Sudan
2021 - 2022
FASTEST GROWING ORIGIN $3.85MSudan
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $1.42M in Insect Resins, making it the 46th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 992nd most exported product in Japan. The main destination of Insect Resins exports from Japan are: Vietnam ($494k), Brazil ($251k), United States ($137k), France ($133k), and Philippines ($80.4k).

The fastest growing export markets for Insect Resins of Japan between 2021 and 2022 were Vietnam ($432k), France ($82.6k), and United States ($20.2k).

Imports In 2022, Japan imported $18.1M in Insect Resins, becoming the 12th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 911th most imported product in Japan. Japan imports Insect Resins primarily from: Sudan ($7.23M), France ($4.17M), India ($2.45M), Thailand ($2.13M), and Indonesia ($456k).

The fastest growing import markets in Insect Resins for Japan between 2021 and 2022 were Sudan ($3.85M), France ($667k), and Thailand ($150k).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Insect Resins exports accounted up to ¥14.7M and imports accounted up to ¥150M, resulting in a negative trade balance of ¥135M. Between June 2023 and June 2024 the exports of Japan's   Insect Resins have increased by ¥4.23M (40.5%) from ¥10.5M to ¥14.7M, while imports decreased by ¥-10.2M (-6.37%) from ¥160M to ¥150M.

Destinations In June 2024, Insect Resins were exported mostly to China (¥4.46M), United States (¥3.59M), South Korea (¥3.43M), Philippines (¥1.03M), and Chinese Taipei (¥990k), and were imported mostly from Sudan (¥112M), Germany (¥17.2M), France (¥12.5M), Philippines (¥5.61M), and Indonesia (¥1.21M).

Growth In June 2024, the increase in Insect Resins's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Insect Resins's year-by-year imports was explained primarily by a decrease in imports from India (¥-8.34M or -57.6%), Mali (¥-1.74M or -31.3%), and Indonesia (¥-300k or -3.68%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥4.23M(40.5%)
IMPORT GROWTH (June 2023 - June 2024)¥-10.2M(-6.37%)
MAIN EXPORTER (June 2024)Kanagawa¥12.2M
MAIN DESTINATION (June 2024)China¥4.46M

This section shows Insect Resins'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 Insect Resins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.42M
IMPORTS (2022)$18.1M
NET TRADE (2022)-$16.7M

In 2022, Japan exported $1.42M in Insect Resins. The main destinations of Japan exports on Insect Resins were Vietnam ($494k), Brazil ($251k), United States ($137k), France ($133k), and Philippines ($80.4k).

In 2022, Japan imported $18.1M in Insect Resins, mainly from Sudan ($7.23M), France ($4.17M), India ($2.45M), Thailand ($2.13M), and Indonesia ($456k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Vietnam$432k (704%)
France$82.6k (164%)
United States$20.2k (17.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Japan WERE (2021 - 2022):
Brazil-$139k (-35.7%)
Philippines-$78.1k (-49.3%)
China-$45.9k (-58.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Insect Resins were:
Sudan $194M
France $193M
Afghanistan $126M
In 2022, Japan's main importing competitors in Insect Resins were:
India $260M
United States $157M
France $127M

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $145k
TOP IMPORT POTENTIALIndia+ $1.19M

Insect Resins’s highest export potential is United States. With an export gap of $145k.   Insect Resins’s highest import potential is India with an import gap of $1.19M.

See methodology.

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