2023
Exports
$7.41BWorld Rnk 18 / 214
Flag Rnk 15 / 1209
2023
PRODUCT COMPLEXITY IN Packaged Medicaments
0.63Rnk 313 / 1025
2023
Imports
$14.8BWorld Rnk 10 / 226
Flag Rnk 7 / 1209
2023
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $7.41B in Packaged Medicaments, making it the 18th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 15th most exported product in Japan. The main destination of Packaged Medicaments exports from Japan are: United States ($2.99B), China ($1.14B), Switzerland ($477M), France ($337M), and Chinese Taipei ($272M).

The fastest growing export markets for Packaged Medicaments of Japan between 2022 and 2023 were China ($108M), Switzerland ($72.2M), and Australia ($44.8M).

Imports In 2023, Japan imported $14.8B in Packaged Medicaments, becoming the 10th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 7th most imported product in Japan. Japan imports Packaged Medicaments primarily from: United States ($3.64B), Germany ($1.96B), Switzerland ($1.48B), Ireland ($1.16B), and Canada ($807M).

The fastest growing import markets in Packaged Medicaments for Japan between 2022 and 2023 were Canada ($106M), Slovenia ($101M), and Singapore ($28.3M).

COMPANIES In 2024, leading companies such as General Motors (1) were at the forefront of shipping Packaged Medicaments from Japan to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)¥-27.6B(-44.6%)
IMPORT GROWTH (December 2023 - December 2024)¥-22.1B(-11.4%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)China¥10.5B

This section shows Packaged Medicaments'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 Packaged Medicaments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$7.41B
IMPORTS (2023)$14.8B
NET TRADE (2023)-$7.41B

In 2023, Japan exported $7.41B in Packaged Medicaments. The main destinations of Japan exports on Packaged Medicaments were United States ($2.99B), China ($1.14B), Switzerland ($477M), France ($337M), and Chinese Taipei ($272M).

In 2023, Japan imported $14.8B in Packaged Medicaments, mainly from United States ($3.64B), Germany ($1.96B), Switzerland ($1.48B), Ireland ($1.16B), and Canada ($807M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Japan WERE (2022 - 2023):
China$108M (10.5%)
Switzerland$72.2M (17.8%)
Australia$44.8M (90.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Japan WERE (2022 - 2023):
Italy-$154M (-43.5%)
United States-$116M (-3.74%)
South Korea-$57.2M (-24.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Packaged Medicaments were:
In 2023, Japan's main importing competitors in Packaged Medicaments were:

Explore Visualizations

Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $419M
TOP IMPORT POTENTIALGermany+ $415M

Packaged Medicaments’s highest export potential is China. With an export gap of $419M.   Packaged Medicaments’s highest import potential is Germany with an import gap of $415M.

See methodology.

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