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2022
Exports $23MWorld Rnk 11 / 163
Flag Rnk 668 / 1213
2022
Destination $205k Vietnam
2021 - 2022
FASTEST GROWING MARKET $205kSpain
2022
PRODUCT COMPLEXITY IN Labels-0.16Rnk 599 / 1025
2022
Imports $7.02MWorld Rnk 36 / 211
Flag Rnk 1026 / 1214
2022
Origin $757k China
2021 - 2022
FASTEST GROWING ORIGIN $757kChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $23M in Labels, making it the 11th largest exporter of Labels in the world. At the same year, Labels was the 668th most exported product in Japan. The main destination of Labels exports from Japan are: Vietnam ($8.1M), China ($6.86M), Indonesia ($2.29M), Burma ($1.03M), and Bangladesh ($680k).

The fastest growing export markets for Labels of Japan between 2021 and 2022 were Spain ($205k), Philippines ($99.4k), and Turkey ($92.4k).

Imports In 2022, Japan imported $7.02M in Labels, becoming the 36th largest importer of Labels in the world. At the same year, Labels was the 1026th most imported product in Japan. Japan imports Labels primarily from: China ($4.44M), Hong Kong ($449k), Italy ($384k), United States ($249k), and Vietnam ($235k).

The fastest growing import markets in Labels for Japan between 2021 and 2022 were China ($757k), Italy ($97.1k), and United States ($81.4k).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Labels exports accounted up to ¥204M and imports accounted up to ¥64.4M, resulting in a positive trade balance of ¥139M. Between June 2023 and June 2024 the exports of Japan's   Labels have decreased by ¥-7.93M (-3.75%) from ¥211M to ¥204M, while imports increased by ¥14.7M (29.5%) from ¥49.8M to ¥64.4M.

Destinations In June 2024, Labels were exported mostly to Vietnam (¥80.8M), China (¥60M), Burma (¥16.9M), Indonesia (¥9.27M), and Australia (¥8.8M), and were imported mostly from China (¥46.7M), South Korea (¥5.14M), Italy (¥2.17M), United States (¥1.98M), and Costa Rica (¥1.56M).

Growth In June 2024, the decrease in Labels's year-by-year exports was explained primarily by a decrease in exports to South Korea (¥-2.38M or -88.8%), Philippines (¥-1.26M or -22.7%), and Bangladesh (¥-847k or -16.6%). In June 2024, the increase in Labels's year-by-year imports was explained primarily by an increase in imports from Italy (¥1.84M or 84.6%), United Kingdom (¥590k or 142%), and United States (¥315k or 118%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-7.93M(-3.75%)
IMPORT GROWTH (June 2023 - June 2024)¥14.7M(29.5%)
MAIN EXPORTER (June 2024)Hyōgo¥144M
MAIN DESTINATION (June 2024)Vietnam¥80.8M

This section shows Labels'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 Labels over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$23M
IMPORTS (2022)$7.02M
NET TRADE (2022)$16M

In 2022, Japan exported $23M in Labels. The main destinations of Japan exports on Labels were Vietnam ($8.1M), China ($6.86M), Indonesia ($2.29M), Burma ($1.03M), and Bangladesh ($680k).

In 2022, Japan imported $7.02M in Labels, mainly from China ($4.44M), Hong Kong ($449k), Italy ($384k), United States ($249k), and Vietnam ($235k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Labels EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Spain$205k (3.76k%)
Philippines$99.4k (21.3%)
Turkey$92.4k (319%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Labels BY Japan WERE (2021 - 2022):
China-$1.11M (-14%)
Indonesia-$553k (-19.5%)
Hong Kong-$408k (-65.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Labels were:
China $479M
Hong Kong $171M
Italy $78M
In 2022, Japan's main importing competitors in Labels were:
Vietnam $140M
Hong Kong $121M
Indonesia $82.5M

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Trade Value of Labels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBangladesh+ $356k
TOP IMPORT POTENTIALChina+ $1.63M

Labels’s highest export potential is Bangladesh. With an export gap of $356k.   Labels’s highest import potential is China with an import gap of $1.63M.

See methodology.

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