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2023
Exports $19.1MWorld Rnk 47 / 208
Flag Rnk 679 / 1209
2023
Destination $6.79M Hong Kong
2022 - 2023
FASTEST GROWING MARKET $6.79MHong Kong
2023
PRODUCT COMPLEXITY IN Knit Men's Shirts-1.58Rnk 956 / 1025
2023
Imports $410MWorld Rnk 5 / 222
Flag Rnk 253 / 1209
2023
Origin $8.99M China
2022 - 2023
FASTEST GROWING ORIGIN $8.99MBurma
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $19.1M in Knit Men's Shirts, making it the 47th largest exporter of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 679th most exported product in Japan. The main destination of Knit Men's Shirts exports from Japan are: Hong Kong ($8.22M), Chinese Taipei ($1.89M), France ($1.85M), China ($1.77M), and South Korea ($1.38M).

The fastest growing export markets for Knit Men's Shirts of Japan between 2022 and 2023 were Hong Kong ($6.79M), France ($1.07M), and Switzerland ($485k).

Imports In 2023, Japan imported $410M in Knit Men's Shirts, becoming the 5th largest importer of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 253rd most imported product in Japan. Japan imports Knit Men's Shirts primarily from: China ($171M), Vietnam ($120M), Burma ($38.5M), Indonesia ($18.5M), and Bangladesh ($13.9M).

The fastest growing import markets in Knit Men's Shirts for Japan between 2022 and 2023 were Burma ($8.99M), Vietnam ($8.2M), and Cambodia ($3.61M).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Knit Men's Shirts exports accounted up to ¥63.1M and imports accounted up to ¥2.53B, resulting in a negative trade balance of ¥2.47B. Between November 2023 and November 2024 the exports of Japan's   Knit Men's Shirts have increased by ¥10.9M (20.8%) from ¥52.2M to ¥63.1M, while imports decreased by ¥-43.5M (-1.69%) from ¥2.57B to ¥2.53B.

Destinations In November 2024, Knit Men's Shirts were exported mostly to United States (¥19.2M), Canada (¥7.28M), China (¥6.27M), Chinese Taipei (¥5.59M), and France (¥4.88M), and were imported mostly from China (¥860M), Vietnam (¥680M), Burma (¥325M), Bangladesh (¥97.7M), and United Kingdom (¥83.1M).

Growth In November 2024, the increase in Knit Men's Shirts's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei (¥28M or 1.69k%), South Korea (¥25.4M or 208%), and United States (¥7.25M or 576%). In November 2024, the decrease in Knit Men's Shirts's year-by-year imports was explained primarily by a decrease in imports from China (¥-190M or -6.48%), United Kingdom (¥-23.8M or -73.7%), and Guatemala (¥-4.46M or -31.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥10.9M(20.8%)
IMPORT GROWTH (November 2023 - November 2024)¥-43.5M(-1.69%)
MAIN EXPORTER (November 2024)Chiba¥100M
MAIN DESTINATION (November 2024)United States¥19.2M

This section shows Knit Men's Shirts'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 Men's Shirts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$19.1M
IMPORTS (2023)$410M
NET TRADE (2023)-$391M

In 2023, Japan exported $19.1M in Knit Men's Shirts. The main destinations of Japan exports on Knit Men's Shirts were Hong Kong ($8.22M), Chinese Taipei ($1.89M), France ($1.85M), China ($1.77M), and South Korea ($1.38M).

In 2023, Japan imported $410M in Knit Men's Shirts, mainly from China ($171M), Vietnam ($120M), Burma ($38.5M), Indonesia ($18.5M), and Bangladesh ($13.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Shirts EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Hong Kong$6.79M (476%)
France$1.07M (139%)
Switzerland$485k (179%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Shirts BY Japan WERE (2022 - 2023):
United Kingdom-$1.25M (-74.2%)
China-$497k (-21.9%)
Germany-$165k (-76.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Knit Men's Shirts were:
China $1.4B
Bangladesh $1.35B
Vietnam $1.07B
In 2023, Japan's main importing competitors in Knit Men's Shirts were:
United States $2.43B
Germany $741M
United Kingdom $501M

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Trade Value of Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.29M
TOP IMPORT POTENTIALBangladesh+ $15.5M

Knit Men's Shirts’s highest export potential is United States. With an export gap of $1.29M.   Knit Men's Shirts’s highest import potential is Bangladesh with an import gap of $15.5M.

See methodology.

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