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2023
Exports $102MWorld Rnk 75 / 163
Flag Rnk 433 / 1209
2023
Destination $716k South Korea
2022 - 2023
FASTEST GROWING MARKET $716kChina
2023
PRODUCT COMPLEXITY IN Petroleum Gas-2.01Rnk 998 / 1025
2023
Imports $52.5BWorld Rnk 2 / 220
Flag Rnk 2 / 1209
2023
Origin $95.6M Australia
2022 - 2023
FASTEST GROWING ORIGIN $95.6MChina
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $102M in Petroleum Gas, making it the 75th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 433rd most exported product in Japan. The main destination of Petroleum Gas exports from Japan are: South Korea ($46.3M), China ($24.2M), South Africa ($18.8M), Chinese Taipei ($12.3M), and Thailand ($124k).

The fastest growing export markets for Petroleum Gas of Japan between 2022 and 2023 were China ($716k), Chinese Taipei ($552k), and Thailand ($52.9k).

Imports In 2023, Japan imported $52.5B in Petroleum Gas, becoming the 2nd 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 ($20.6B), United States ($7.39B), Malaysia ($6.85B), Russia ($4.17B), and Papua New Guinea ($2.76B).

The fastest growing import markets in Petroleum Gas for Japan between 2022 and 2023 were China ($95.6M), Mozambique ($88.1M), and Egypt ($64.6M).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Petroleum Gas exports accounted up to ¥665M and imports accounted up to ¥557B, resulting in a negative trade balance of ¥556B. Between November 2023 and November 2024 the exports of Japan's   Petroleum Gas have increased by ¥541M (436%) from ¥124M to ¥665M, while imports decreased by ¥-18.5B (-3.22%) from ¥575B to ¥557B.

Destinations In November 2024, Petroleum Gas were exported mostly to South Korea (¥657M), Chinese Taipei (¥4.56M), and China (¥3.38M), and were imported mostly from Australia (¥208B), United States (¥91.7B), Malaysia (¥65.9B), Russia (¥49B), and Papua New Guinea (¥28.5B).

Growth In November 2024, the increase in Petroleum Gas's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei (¥205M or 10.4k%). In November 2024, the decrease in Petroleum Gas's year-by-year imports was explained primarily by a decrease in imports from United Arab Emirates (¥-18.9B or -52%), Canada (¥-1.57B or -18.8%), and Kuwait (¥-387M or -13.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥541M(436%)
IMPORT GROWTH (November 2023 - November 2024)¥-18.5B(-3.22%)
MAIN EXPORTER (November 2024)Ōita¥776M
MAIN DESTINATION (November 2024)South Korea¥657M

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 (2023)$102M
IMPORTS (2023)$52.5B
NET TRADE (2023)-$52.4B

In 2023, Japan exported $102M in Petroleum Gas. The main destinations of Japan exports on Petroleum Gas were South Korea ($46.3M), China ($24.2M), South Africa ($18.8M), Chinese Taipei ($12.3M), and Thailand ($124k).

In 2023, Japan imported $52.5B in Petroleum Gas, mainly from Australia ($20.6B), United States ($7.39B), Malaysia ($6.85B), Russia ($4.17B), and Papua New Guinea ($2.76B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Japan WERE (2022 - 2023):
China$716k (3.05%)
Chinese Taipei$552k (4.69%)
Thailand$52.9k (74%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Japan WERE (2022 - 2023):
South Korea-$33.4M (-41.9%)
South Africa-$7.68M (-29%)
Colombia-$378k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Petroleum Gas were:
United States $83.2B
Qatar $71.1B
Norway $70.8B
In 2023, Japan's main importing competitors in Petroleum Gas were:
China $83.7B
France $45.4B

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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.

See methodology.

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