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2023
Exports $91.6kWorld Rnk 56 / 116
Flag Rnk 1136 / 1209
2023
Destination $7.76k Hong Kong
2022 - 2023
FASTEST GROWING MARKET $7.76kPoland
2023
PRODUCT COMPLEXITY IN Peat0.017Rnk 552 / 1025
2023
Imports $28.8MWorld Rnk 13 / 198
Flag Rnk 807 / 1209
2023
Origin $207k Latvia
2022 - 2023
FASTEST GROWING ORIGIN $207kUnited Kingdom
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $91.6k in Peat, making it the 56th largest exporter of Peat in the world. At the same year, Peat was the 1136th most exported product in Japan. The main destination of Peat exports from Japan are: Hong Kong ($42.7k), Poland ($35.5k), China ($8.37k), Singapore ($3.17k), and Italy ($1.25k).

The fastest growing export markets for Peat of Japan between 2022 and 2023 were Poland ($7.76k), Singapore ($3.17k), and Canada ($305).

Imports In 2023, Japan imported $28.8M in Peat, becoming the 13th largest importer of Peat in the world. At the same year, Peat was the 807th most imported product in Japan. Japan imports Peat primarily from: Latvia ($9.33M), Canada ($5.42M), China ($3.41M), Lithuania ($2.65M), and Germany ($2.59M).

The fastest growing import markets in Peat for Japan between 2022 and 2023 were United Kingdom ($207k), Finland ($45.4k), and Sri Lanka ($15.3k).

Latest Trends

April 2024

About

Overview In April 2024 Japan's Peat exports accounted up to ¥8.04M and imports accounted up to ¥369M, resulting in a negative trade balance of ¥361M. Between March 2020 and April 2024 the exports of Japan's   Peat have increased by ¥8.04M (N/A%) from ¥0 to ¥8.04M, while imports increased by ¥111M (42.8%) from ¥259M to ¥369M.

Destinations In April 2024, Peat were exported mostly to , and were imported mostly from Canada (¥124M), Latvia (¥63.4M), China (¥45.9M), Russia (¥43.4M), and Germany (¥32.9M).

Growth In April 2024, the increase in Peat's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Peat's year-by-year imports was explained primarily by an increase in imports from Latvia (¥208M or 233%), China (¥21.8M or 55.2%), and Lithuania (¥11.9M or 43.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2020 - April 2024)¥8.04M(N/A%)
IMPORT GROWTH (November 2023 - November 2024)¥111M(42.8%)
MAIN EXPORTER (April 2024)Aichi¥8.04M
MAIN DESTINATION (April 2024)

This section shows Peat'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 Peat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$91.6k
IMPORTS (2023)$28.8M
NET TRADE (2023)-$28.7M

In 2023, Japan exported $91.6k in Peat. The main destinations of Japan exports on Peat were Hong Kong ($42.7k), Poland ($35.5k), China ($8.37k), Singapore ($3.17k), and Italy ($1.25k).

In 2023, Japan imported $28.8M in Peat, mainly from Latvia ($9.33M), Canada ($5.42M), China ($3.41M), Lithuania ($2.65M), and Germany ($2.59M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Poland$7.76k (28%)
Singapore$3.17k (1%)
Canada$305 (155%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Japan WERE (2022 - 2023):
South Korea-$35.7k (-100%)
Italy-$7.12k (-85.1%)
China-$7k (-45.5%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Peat were:
Canada $490M
Latvia $310M
Germany $212M
In 2023, Japan's main importing competitors in Peat were:
United States $493M
Netherlands $163M
China $109M

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $26.3k
TOP IMPORT POTENTIALGermany+ $784k

Peat’s highest export potential is China. With an export gap of $26.3k.   Peat’s highest import potential is Germany with an import gap of $784k.

See methodology.

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