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2023
Exports $87.4MWorld Rnk 9 / 169
Flag Rnk 458 / 1209
2023
Destination $14.5M China
2022 - 2023
FASTEST GROWING MARKET $14.5MMexico
2023
PRODUCT COMPLEXITY IN Organic Composite Solvents-0.13Rnk 600 / 1025
2023
Imports $54.9MWorld Rnk 9 / 220
Flag Rnk 692 / 1209
2023
Origin $771k China
2022 - 2023
FASTEST GROWING ORIGIN $771kChinese Taipei
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $87.4M in Organic Composite Solvents, making it the 9th largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 458th most exported product in Japan. The main destination of Organic Composite Solvents exports from Japan are: China ($20.3M), Mexico ($16.2M), Philippines ($10.9M), South Korea ($7.18M), and Chinese Taipei ($3.67M).

The fastest growing export markets for Organic Composite Solvents of Japan between 2022 and 2023 were Mexico ($14.5M), Philippines ($3.15M), and India ($1.27M).

Imports In 2023, Japan imported $54.9M in Organic Composite Solvents, becoming the 9th largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 692nd most imported product in Japan. Japan imports Organic Composite Solvents primarily from: China ($40.1M), United States ($6.8M), Chinese Taipei ($2.05M), United Kingdom ($1.76M), and South Korea ($1.7M).

The fastest growing import markets in Organic Composite Solvents for Japan between 2022 and 2023 were Chinese Taipei ($771k), United States ($636k), and Switzerland ($53.2k).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Organic Composite Solvents exports accounted up to ¥812M and imports accounted up to ¥722M, resulting in a positive trade balance of ¥90.7M. Between November 2023 and November 2024 the exports of Japan's   Organic Composite Solvents have increased by ¥9.16M (1.14%) from ¥803M to ¥812M, while imports decreased by ¥-60.3M (-7.72%) from ¥782M to ¥722M.

Destinations In November 2024, Organic Composite Solvents were exported mostly to China (¥186M), South Korea (¥90.4M), Philippines (¥84.4M), Chinese Taipei (¥82.4M), and United States (¥76.5M), and were imported mostly from China (¥585M), United States (¥49.1M), Chinese Taipei (¥46.5M), United Kingdom (¥14M), and France (¥12M).

Growth In November 2024, the increase in Organic Composite Solvents's year-by-year exports was explained primarily by an increase in exports to China (¥50.3M or 142%), South Korea (¥33.9M or 47.3%), and Philippines (¥32M or 123%). In November 2024, the decrease in Organic Composite Solvents's year-by-year imports was explained primarily by a decrease in imports from China (¥-159M or -25.9%), Chinese Taipei (¥-18.1M or -58.9%), and France (¥-8.81M or -84.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥9.16M(1.14%)
IMPORT GROWTH (November 2023 - November 2024)¥-60.3M(-7.72%)
MAIN EXPORTER (November 2024)Kanagawa¥421M
MAIN DESTINATION (November 2024)China¥186M

This section shows Organic Composite Solvents'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 Organic Composite Solvents over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$87.4M
IMPORTS (2023)$54.9M
NET TRADE (2023)$32.4M

In 2023, Japan exported $87.4M in Organic Composite Solvents. The main destinations of Japan exports on Organic Composite Solvents were China ($20.3M), Mexico ($16.2M), Philippines ($10.9M), South Korea ($7.18M), and Chinese Taipei ($3.67M).

In 2023, Japan imported $54.9M in Organic Composite Solvents, mainly from China ($40.1M), United States ($6.8M), Chinese Taipei ($2.05M), United Kingdom ($1.76M), and South Korea ($1.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Mexico$14.5M (852%)
Philippines$3.15M (40.5%)
India$1.27M (101%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY Japan WERE (2022 - 2023):
South Korea-$3.2M (-30.8%)
Vietnam-$1.9M (-35.6%)
Hong Kong-$795k (-40%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Organic Composite Solvents were:
Germany $321M
United States $313M
Italy $160M
In 2023, Japan's main importing competitors in Organic Composite Solvents were:
France $99.9M
China $98.5M
Germany $97M

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.38M
TOP IMPORT POTENTIALChina+ $880k

Organic Composite Solvents’s highest export potential is China. With an export gap of $1.38M.   Organic Composite Solvents’s highest import potential is China with an import gap of $880k.

See methodology.

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