2022
Exports
$5.88BWorld Rnk 18 / 217
Flag Rnk 19 / 1213
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$15.3BWorld Rnk 10 / 224
Flag Rnk 8 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $5.88B in Packaged Medicaments, making it the 18th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 19th most exported product in Japan. The main destination of Packaged Medicaments exports from Japan are: United States ($2.67B), China ($754M), Switzerland ($309M), Italy ($252M), and Chinese Taipei ($234M).

The fastest growing export markets for Packaged Medicaments of Japan between 2021 and 2022 were United States ($463M), Netherlands ($23.7M), and Finland ($13.5M).

Imports In 2022, Japan imported $15.3B in Packaged Medicaments, becoming the 10th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 8th most imported product in Japan. Japan imports Packaged Medicaments primarily from: United States ($4.22B), Germany ($2.05B), Switzerland ($1.78B), Ireland ($1.69B), and Singapore ($756M).

The fastest growing import markets in Packaged Medicaments for Japan between 2021 and 2022 were United States ($1.07B), Ireland ($555M), and Germany ($481M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (1) were at the forefront of shipping Packaged Medicaments from Japan to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥-4.46B(-9.74%)
IMPORT GROWTH (August 2023 - August 2024)¥34.4B(21.7%)
MAIN EXPORTER (August 2024)Osaka¥49.6B
MAIN DESTINATION (August 2024)United States¥12.1B

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 (2022)$5.88B
IMPORTS (2022)$15.3B
NET TRADE (2022)-$9.41B

In 2022, Japan exported $5.88B in Packaged Medicaments. The main destinations of Japan exports on Packaged Medicaments were United States ($2.67B), China ($754M), Switzerland ($309M), Italy ($252M), and Chinese Taipei ($234M).

In 2022, Japan imported $15.3B in Packaged Medicaments, mainly from United States ($4.22B), Germany ($2.05B), Switzerland ($1.78B), Ireland ($1.69B), and Singapore ($756M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$463M (21%)
Netherlands$23.7M (26.3%)
Finland$13.5M (212%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Japan WERE (2021 - 2022):
Switzerland-$98.6M (-24.2%)
China-$60.6M (-7.44%)
Thailand-$30.8M (-28.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Packaged Medicaments were:
In 2022, 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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