Laboratory Reagents in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $61M in Laboratory Reagents, making it the 8th largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 517th most exported product in Japan. The main destination of Laboratory Reagents exports from Japan are: Chinese Taipei ($20.4M), Philippines ($7.39M), Mozambique ($6.89M), Angola ($5.02M), and Argentina ($3.89M).

The fastest growing export markets for Laboratory Reagents of Japan between 2021 and 2022 were Mozambique ($4.79M), Chinese Taipei ($4.64M), and Philippines ($4.24M).

Imports In 2022, Japan imported $15.4M in Laboratory Reagents, becoming the 28th largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 931st most imported product in Japan. Japan imports Laboratory Reagents primarily from: Chinese Taipei ($9.4M), Philippines ($4.12M), and Ukraine ($1.91M).

The fastest growing import markets in Laboratory Reagents for Japan between 2021 and 2022 were Chinese Taipei ($6.38M) and Philippines ($1.88M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Laboratory Reagents from Japan to the United States.

Latest Trends

January 2024

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Overview In January 2024 Japan's Laboratory Reagents exports accounted up to ¥10.5B and imports accounted up to ¥24.3B, resulting in a negative trade balance of ¥13.8B. Between January 2023 and January 2024 the exports of Japan's Laboratory Reagents have increased by ¥1.99B (23.4%) from ¥8.52B to ¥10.5B, while imports decreased by ¥-1.05B (-4.14%) from ¥25.4B to ¥24.3B.

Destinations In January 2024, Laboratory Reagents were exported mostly to China (¥3.55B), United States (¥2.63B), Germany (¥869M), South Korea (¥452M), and Ireland (¥351M), and were imported mostly from United States (¥11.7B), South Korea (¥2.62B), Sweden (¥1.88B), Germany (¥1.7B), and China (¥1.41B).

Growth In January 2024, the increase in Laboratory Reagents's year-by-year exports was explained primarily by an increase in exports to China (¥1.29B or 72.8%), United States (¥346M or 33.8%), and Hong Kong (¥160M or 175%). In January 2024, the decrease in Laboratory Reagents's year-by-year imports was explained primarily by a decrease in imports from Sweden (¥-860M or -41.5%), Singapore (¥-216M or -19.6%), and Belgium (¥-206M or -89.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥1.99B(23.4%)

IMPORT GROWTH (January 2023 - January 2024)¥-1.05B(-4.14%)

MAIN EXPORTER (January 2024)Chiba¥4.48B

MAIN DESTINATION (January 2024)China¥3.55B

This section shows Laboratory Reagents'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 Laboratory Reagents over time.

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