Monofilament in Japan | The Observatory of Economic Complexity

About

Exports In 2022, Japan exported $51.1M in Monofilament, making it the 21st largest exporter of Monofilament in the world. At the same year, Monofilament was the 543rd most exported product in Japan. The main destination of Monofilament exports from Japan are: Germany ($12.4M), China ($11.7M), United States ($4.31M), South Korea ($3.66M), and Vietnam ($3.58M).

The fastest growing export markets for Monofilament of Japan between 2021 and 2022 were Germany ($5.98M), Singapore ($1.06M), and Hong Kong ($956k).

Imports In 2022, Japan imported $121M in Monofilament, becoming the 18th largest importer of Monofilament in the world. At the same year, Monofilament was the 524th most imported product in Japan. Japan imports Monofilament primarily from: China ($53.1M), Vietnam ($19.1M), United States ($14.6M), Germany ($14.3M), and South Korea ($4.51M).

The fastest growing import markets in Monofilament for Japan between 2021 and 2022 were China ($8.65M), Germany ($3.52M), and Vietnam ($2.24M).

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

Latest Trends

January 2024

About

Overview In January 2024 Japan's Monofilament exports accounted up to ¥419M and imports accounted up to ¥1.46B, resulting in a negative trade balance of ¥1.04B. Between January 2023 and January 2024 the exports of Japan's Monofilament have decreased by ¥-56M (-11.8%) from ¥475M to ¥419M, while imports increased by ¥104M (7.7%) from ¥1.36B to ¥1.46B.

Destinations In January 2024, Monofilament were exported mostly to Australia (¥107M), China (¥82.4M), Netherlands (¥42.9M), United States (¥32.1M), and South Korea (¥29.4M), and were imported mostly from China (¥675M), Vietnam (¥337M), United States (¥168M), Thailand (¥64.6M), and Germany (¥60.8M).

Growth In January 2024, the decrease in Monofilament's year-by-year exports was explained primarily by a decrease in exports to Vietnam (¥-22.2M or -81.5%), Australia (¥-21.4M or -72.4%), and Singapore (¥-18M or -41.7%). In January 2024, the increase in Monofilament's year-by-year imports was explained primarily by an increase in imports from Vietnam (¥125M or 79.6%), South Korea (¥26M or 109%), and United States (¥22.7M or 21.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥-56M(-11.8%)

IMPORT GROWTH (January 2023 - January 2024)¥104M(7.7%)

MAIN EXPORTER (January 2024)Hyōgo¥131M

MAIN DESTINATION (January 2024)Australia¥107M

This section shows Monofilament'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 Monofilament over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$51.1M

IMPORTS (2022)$121M

NET TRADE (2022)-$69.5M

In 2022, Japan exported $51.1M in Monofilament. The main destinations of Japan exports on Monofilament were Germany ($12.4M), China ($11.7M), United States ($4.31M), South Korea ($3.66M), and Vietnam ($3.58M).

In 2022, Japan imported $121M in Monofilament, mainly from China ($53.1M), Vietnam ($19.1M), United States ($14.6M), Germany ($14.3M), and South Korea ($4.51M).

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