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2022
Exports $4.53MWorld Rnk 58 / 197
Flag Rnk 872 / 1213
2022
Destination $1.72M China
2021 - 2022
FASTEST GROWING MARKET $1.72MChina
2022
PRODUCT COMPLEXITY IN Knit Babies' Garments-1.54Rnk 952 / 1025
2022
Imports $235MWorld Rnk 9 / 216
Flag Rnk 363 / 1214
2022
Origin $6.61M China
2021 - 2022
FASTEST GROWING ORIGIN $6.61MBurma
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $4.53M in Knit Babies' Garments, making it the 58th largest exporter of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 872nd most exported product in Japan. The main destination of Knit Babies' Garments exports from Japan are: China ($3.46M), Hong Kong ($113k), Germany ($112k), Macau ($109k), and France ($82.4k).

The fastest growing export markets for Knit Babies' Garments of Japan between 2021 and 2022 were China ($1.72M), United Kingdom ($76.3k), and Australia ($55.2k).

Imports In 2022, Japan imported $235M in Knit Babies' Garments, becoming the 9th largest importer of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 363rd most imported product in Japan. Japan imports Knit Babies' Garments primarily from: China ($164M), Bangladesh ($15.3M), Cambodia ($15.1M), Burma ($11.7M), and Vietnam ($6.33M).

The fastest growing import markets in Knit Babies' Garments for Japan between 2021 and 2022 were Burma ($6.61M), Bangladesh ($4.55M), and Hong Kong ($1.53M).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Knit Babies' Garments exports accounted up to ¥38.6M and imports accounted up to ¥1.82B, resulting in a negative trade balance of ¥1.78B. Between June 2023 and June 2024 the exports of Japan's   Knit Babies' Garments have decreased by ¥-22.9M (-37.2%) from ¥61.5M to ¥38.6M, while imports decreased by ¥-256M (-12.4%) from ¥2.07B to ¥1.82B.

Destinations In June 2024, Knit Babies' Garments were exported mostly to China (¥34.2M), Chinese Taipei (¥1.62M), Hong Kong (¥720k), South Korea (¥689k), and Italy (¥573k), and were imported mostly from China (¥923M), Cambodia (¥390M), Bangladesh (¥158M), Burma (¥84.9M), and Vietnam (¥72.6M).

Growth In June 2024, the decrease in Knit Babies' Garments's year-by-year exports was explained primarily by a decrease in exports to China (¥-35.1M or -58.2%) and Chinese Taipei (¥-1.46M or -80.7%). In June 2024, the decrease in Knit Babies' Garments's year-by-year imports was explained primarily by a decrease in imports from China (¥-16.8M or -1.18%), Thailand (¥-14.6M or -57.8%), and Morocco (¥-9.84M or -33.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-22.9M(-37.2%)
IMPORT GROWTH (June 2023 - June 2024)¥-256M(-12.4%)
MAIN EXPORTER (June 2024)Tokyo¥48.3M
MAIN DESTINATION (June 2024)China¥34.2M

This section shows Knit Babies' Garments'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 Knit Babies' Garments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.53M
IMPORTS (2022)$235M
NET TRADE (2022)-$231M

In 2022, Japan exported $4.53M in Knit Babies' Garments. The main destinations of Japan exports on Knit Babies' Garments were China ($3.46M), Hong Kong ($113k), Germany ($112k), Macau ($109k), and France ($82.4k).

In 2022, Japan imported $235M in Knit Babies' Garments, mainly from China ($164M), Bangladesh ($15.3M), Cambodia ($15.1M), Burma ($11.7M), and Vietnam ($6.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Babies' Garments EXPORT MARKETS FOR Japan WERE (2021 - 2022):
China$1.72M (98.3%)
United Kingdom$76.3k (1.7k%)
Australia$55.2k (393%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Babies' Garments BY Japan WERE (2021 - 2022):
Hong Kong-$53.4k (-32.1%)
Singapore-$48.9k (-68.9%)
Indonesia-$38.4k (-66.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Knit Babies' Garments were:
China $2.45B
Bangladesh $1.29B
India $1.08B
In 2022, Japan's main importing competitors in Knit Babies' Garments were:
United States $2.31B
Germany $759M
United Kingdom $629M

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Trade Value of Knit Babies' Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $214k
TOP IMPORT POTENTIALBangladesh+ $14.2M

Knit Babies' Garments’s highest export potential is Germany. With an export gap of $214k.   Knit Babies' Garments’s highest import potential is Bangladesh with an import gap of $14.2M.

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