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2022
Exports $147MWorld Rnk 71 / 160
Flag Rnk 371 / 1213
2022
Destination $26.5M South Korea
2021 - 2022
FASTEST GROWING MARKET $26.5MSouth Africa
2022
PRODUCT COMPLEXITY IN Petroleum Gas-1.98Rnk 1000 / 1025
2022
Imports $64.2BWorld Rnk 4 / 222
Flag Rnk 2 / 1214
2022
Origin $11.9B Australia
2021 - 2022
FASTEST GROWING ORIGIN $11.9BAustralia
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $147M in Petroleum Gas, making it the 71st largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 371st most exported product in Japan. The main destination of Petroleum Gas exports from Japan are: South Korea ($91.3M), South Africa ($26.5M), China ($17.5M), Chinese Taipei ($11.2M), and Colombia ($327k).

The fastest growing export markets for Petroleum Gas of Japan between 2021 and 2022 were South Africa ($26.5M), Colombia ($327k), and Singapore ($50.7k).

Imports In 2022, Japan imported $64.2B in Petroleum Gas, becoming the 4th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 2nd most imported product in Japan. Japan imports Petroleum Gas primarily from: Australia ($24.8B), United States ($9.52B), Malaysia ($8.06B), Russia ($4.48B), and Papua New Guinea ($3.25B).

The fastest growing import markets in Petroleum Gas for Japan between 2021 and 2022 were Australia ($11.9B), Malaysia ($3.8B), and Russia ($2.65B).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Petroleum Gas exports accounted up to ¥430M and imports accounted up to ¥591B, resulting in a negative trade balance of ¥590B. Between August 2023 and August 2024 the exports of Japan's   Petroleum Gas have decreased by ¥-323M (-42.9%) from ¥753M to ¥430M, while imports increased by ¥38.9B (7.06%) from ¥552B to ¥591B.

Destinations In August 2024, Petroleum Gas were exported mostly to South Korea (¥424M), China (¥3.12M), Malaysia (¥1.43M), Thailand (¥522k), and Chinese Taipei (¥292k), and were imported mostly from Australia (¥220B), United States (¥67.6B), Malaysia (¥60.1B), Russia (¥53.9B), and Papua New Guinea (¥36.8B).

Growth In August 2024, the decrease in Petroleum Gas's year-by-year exports was explained primarily by a decrease in exports to South Korea (¥-1.66M or -0.22%). In August 2024, the increase in Petroleum Gas's year-by-year imports was explained primarily by an increase in imports from Australia (¥102B or 45.6%), Malaysia (¥58.9B or 85.1%), and Qatar (¥40.4B or 188%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥-323M(-42.9%)
IMPORT GROWTH (August 2023 - August 2024)¥38.9B(7.06%)
MAIN EXPORTER (August 2024)Ōita¥611M
MAIN DESTINATION (August 2024)South Korea¥424M

This section shows Petroleum Gas'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 Petroleum Gas over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$147M
IMPORTS (2022)$64.2B
NET TRADE (2022)-$64.1B

In 2022, Japan exported $147M in Petroleum Gas. The main destinations of Japan exports on Petroleum Gas were South Korea ($91.3M), South Africa ($26.5M), China ($17.5M), Chinese Taipei ($11.2M), and Colombia ($327k).

In 2022, Japan imported $64.2B in Petroleum Gas, mainly from Australia ($24.8B), United States ($9.52B), Malaysia ($8.06B), Russia ($4.48B), and Papua New Guinea ($3.25B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Japan WERE (2021 - 2022):
South Africa$26.5M (1%)
Colombia$327k (1%)
Singapore$50.7k (20.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Japan WERE (2021 - 2022):
South Korea-$23.5M (-20.5%)
Burma-$15.2M (-100%)
China-$4.14M (-19.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Petroleum Gas were:
Norway $154B
United States $116B
Russia $71.5B
In 2022, Japan's main importing competitors in Petroleum Gas were:
Germany $98B
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $45.7M
TOP IMPORT POTENTIALQatar+ $1.61B

Petroleum Gas’s highest export potential is China. With an export gap of $45.7M.   Petroleum Gas’s highest import potential is Qatar with an import gap of $1.61B.

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