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2023
Exports $419MWorld Rnk 3 / 92
Flag Rnk 217 / 1209
2023
Destination $62.7M India
2022 - 2023
FASTEST GROWING MARKET $62.7MIndia
2023
PRODUCT COMPLEXITY IN Looms0.87Rnk 221 / 1025
2023
Imports $8.11MWorld Rnk 29 / 155
Flag Rnk 983 / 1209
2023
Origin $354k Italy
2022 - 2023
FASTEST GROWING ORIGIN $354kBelgium
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $419M in Looms, making it the 3rd largest exporter of Looms in the world. At the same year, Looms was the 217th most exported product in Japan. The main destination of Looms exports from Japan are: India ($187M), China ($129M), Indonesia ($21.6M), Vietnam ($14.4M), and Turkey ($11.2M).

The fastest growing export markets for Looms of Japan between 2022 and 2023 were India ($62.7M), Vietnam ($9.71M), and Benin ($9.04M).

Imports In 2023, Japan imported $8.11M in Looms, becoming the 29th largest importer of Looms in the world. At the same year, Looms was the 983rd most imported product in Japan. Japan imports Looms primarily from: Italy ($4.74M), Germany ($1.26M), China ($857k), Belgium ($354k), and Switzerland ($229k).

The fastest growing import markets in Looms for Japan between 2022 and 2023 were Belgium ($354k), Chile ($139k), and Norway ($136k).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Looms exports accounted up to ¥6.69B and imports accounted up to ¥104M, resulting in a positive trade balance of ¥6.58B. Between November 2023 and November 2024 the exports of Japan's   Looms have increased by ¥86.8M (1.32%) from ¥6.6B to ¥6.69B, while imports increased by ¥76.6M (275%) from ¥27.9M to ¥104M.

Destinations In November 2024, Looms were exported mostly to China (¥3.48B), India (¥1.64B), Egypt (¥635M), Brazil (¥451M), and Indonesia (¥231M), and were imported mostly from Switzerland (¥57.5M), Italy (¥43.9M), Chinese Taipei (¥2.46M), New Zealand (¥284k), and China (¥264k).

Growth In November 2024, the increase in Looms's year-by-year exports was explained primarily by an increase in exports to China (¥864M or 139%), India (¥304M or 61.6%), and Bangladesh (¥37.3M or 19.4%). In November 2024, the increase in Looms's year-by-year imports was explained primarily by an increase in imports from Germany (¥59.1M or 173%) and Italy (¥33.6M or 117%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥86.8M(1.32%)
IMPORT GROWTH (November 2023 - November 2024)¥76.6M(275%)
MAIN EXPORTER (November 2024)Aichi¥4.06B
MAIN DESTINATION (November 2024)China¥3.48B

This section shows Looms'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 Looms over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$419M
IMPORTS (2023)$8.11M
NET TRADE (2023)$411M

In 2023, Japan exported $419M in Looms. The main destinations of Japan exports on Looms were India ($187M), China ($129M), Indonesia ($21.6M), Vietnam ($14.4M), and Turkey ($11.2M).

In 2023, Japan imported $8.11M in Looms, mainly from Italy ($4.74M), Germany ($1.26M), China ($857k), Belgium ($354k), and Switzerland ($229k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Looms EXPORT MARKETS FOR Japan WERE (2022 - 2023):
India$62.7M (50.3%)
Vietnam$9.71M (207%)
Benin$9.04M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Looms BY Japan WERE (2022 - 2023):
China-$18.6M (-12.6%)
Pakistan-$14.9M (-77.1%)
Chinese Taipei-$8.51M (-81.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Looms were:
China $558M
Belgium $524M
In 2023, Japan's main importing competitors in Looms were:
India $760M
China $254M
Turkey $217M

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Trade Value of Looms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $3.1M
TOP IMPORT POTENTIALChina+ $981k

Looms’s highest export potential is Turkey. With an export gap of $3.1M.   Looms’s highest import potential is China with an import gap of $981k.

See methodology.

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