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2023
Exports $6.71MWorld Rnk 67 / 194
Flag Rnk 820 / 1209
2023
Destination $636k United States
2022 - 2023
FASTEST GROWING MARKET $636kHong Kong
2023
PRODUCT COMPLEXITY IN Perfume Plants-1.84Rnk 985 / 1025
2023
Imports $309MWorld Rnk 4 / 215
Flag Rnk 300 / 1209
2023
Origin $38.1M China
2022 - 2023
FASTEST GROWING ORIGIN $38.1MChina
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $6.71M in Perfume Plants, making it the 67th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 820th most exported product in Japan. The main destination of Perfume Plants exports from Japan are: United States ($1.42M), Singapore ($1.37M), Hong Kong ($743k), Macau ($435k), and South Korea ($342k).

The fastest growing export markets for Perfume Plants of Japan between 2022 and 2023 were Hong Kong ($636k), Macau ($179k), and China ($138k).

Imports In 2023, Japan imported $309M in Perfume Plants, becoming the 4th largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 300th most imported product in Japan. Japan imports Perfume Plants primarily from: China ($261M), India ($8.99M), Thailand ($5.36M), United States ($3.14M), and Hong Kong ($3.07M).

The fastest growing import markets in Perfume Plants for Japan between 2022 and 2023 were China ($38.1M), Hong Kong ($2.92M), and Singapore ($1.25M).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Perfume Plants exports accounted up to ¥17.5M and imports accounted up to ¥4.4B, resulting in a negative trade balance of ¥4.38B. Between November 2023 and November 2024 the exports of Japan's   Perfume Plants have increased by ¥4.2M (31.6%) from ¥13.3M to ¥17.5M, while imports increased by ¥636M (16.9%) from ¥3.76B to ¥4.4B.

Destinations In November 2024, Perfume Plants were exported mostly to United Kingdom (¥4.83M), South Korea (¥2.42M), China (¥2.33M), Malaysia (¥2.3M), and Vietnam (¥1.66M), and were imported mostly from China (¥3.64B), South Africa (¥371M), Indonesia (¥67.4M), India (¥54.6M), and Thailand (¥48.9M).

Growth In November 2024, the increase in Perfume Plants's year-by-year exports was explained primarily by an increase in exports to South Korea (¥2.52M or 101%). In November 2024, the increase in Perfume Plants's year-by-year imports was explained primarily by an increase in imports from China (¥684M or 35.7%), Peru (¥59.3M or 139%), and Thailand (¥46.7M or 102%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥4.2M(31.6%)
IMPORT GROWTH (November 2023 - November 2024)¥636M(16.9%)
MAIN EXPORTER (November 2024)Tokyo¥24.7M
MAIN DESTINATION (November 2024)United Kingdom¥4.83M

This section shows Perfume Plants'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 Perfume Plants over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.71M
IMPORTS (2023)$309M
NET TRADE (2023)-$303M

In 2023, Japan exported $6.71M in Perfume Plants. The main destinations of Japan exports on Perfume Plants were United States ($1.42M), Singapore ($1.37M), Hong Kong ($743k), Macau ($435k), and South Korea ($342k).

In 2023, Japan imported $309M in Perfume Plants, mainly from China ($261M), India ($8.99M), Thailand ($5.36M), United States ($3.14M), and Hong Kong ($3.07M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Hong Kong$636k (593%)
Macau$179k (70.3%)
China$138k (73.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Japan WERE (2022 - 2023):
United States-$845k (-37.3%)
Australia-$192k (-40.9%)
France-$126k (-50.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Perfume Plants were:
China $988M
India $467M
Canada $279M
In 2023, Japan's main importing competitors in Perfume Plants were:
United States $512M
Germany $428M
China $337M

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $340k
TOP IMPORT POTENTIALIndia+ $6.82M

Perfume Plants’s highest export potential is China. With an export gap of $340k.   Perfume Plants’s highest import potential is India with an import gap of $6.82M.

See methodology.

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