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2023
Exports $111kWorld Rnk 51 / 79
Flag Rnk 1129 / 1209
2023
Destination $32.5k United Kingdom
2022 - 2023
FASTEST GROWING MARKET $32.5kUnited Kingdom
2023
PRODUCT COMPLEXITY IN Rapeseed-0.22Rnk 622 / 1025
2023
Imports $1.29BWorld Rnk 3 / 125
Flag Rnk 112 / 1209
2023
Origin $421k Canada
2022 - 2023
FASTEST GROWING ORIGIN $421kUnited States
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $111k in Rapeseed, making it the 51st largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 1129th most exported product in Japan. The main destination of Rapeseed exports from Japan are: United Kingdom ($36.5k), South Korea ($20.3k), China ($17.1k), Singapore ($13.4k), and South Africa ($9.91k).

The fastest growing export markets for Rapeseed of Japan between 2022 and 2023 were United Kingdom ($32.5k), Singapore ($13.4k), and South Africa ($7.92k).

Imports In 2023, Japan imported $1.29B in Rapeseed, becoming the 3rd largest importer of Rapeseed in the world. At the same year, Rapeseed was the 112th most imported product in Japan. Japan imports Rapeseed primarily from: Canada ($697M), Australia ($591M), United States ($421k), Mexico ($95.6k), and Netherlands ($77.6k).

The fastest growing import markets in Rapeseed for Japan between 2022 and 2023 were United States ($421k), Mexico ($95.6k), and Netherlands ($57.2k).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Rapeseed exports accounted up to ¥946k and imports accounted up to ¥11.6B, resulting in a negative trade balance of ¥11.6B. Between April 2023 and November 2024 the exports of Japan's   Rapeseed have increased by ¥324k (52.1%) from ¥622k to ¥946k, while imports decreased by ¥-2.7B (-18.9%) from ¥14.3B to ¥11.6B.

Destinations In November 2024, Rapeseed were exported mostly to China (¥573k) and Malaysia (¥373k), and were imported mostly from Canada (¥11.4B), Australia (¥122M), Chile (¥22.8M), France (¥11.2M), and Italy (¥11M).

Growth In November 2024, the increase in Rapeseed's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the decrease in Rapeseed's year-by-year imports was explained primarily by a decrease in imports from Australia (¥-3.37B or -95.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - November 2024)¥324k(52.1%)
IMPORT GROWTH (November 2023 - November 2024)¥-2.7B(-18.9%)
MAIN EXPORTER (November 2024)Kanagawa¥10.4M
MAIN DESTINATION (November 2024)China¥573k

This section shows Rapeseed'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 Rapeseed over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$111k
IMPORTS (2023)$1.29B
NET TRADE (2023)-$1.29B

In 2023, Japan exported $111k in Rapeseed. The main destinations of Japan exports on Rapeseed were United Kingdom ($36.5k), South Korea ($20.3k), China ($17.1k), Singapore ($13.4k), and South Africa ($9.91k).

In 2023, Japan imported $1.29B in Rapeseed, mainly from Canada ($697M), Australia ($591M), United States ($421k), Mexico ($95.6k), and Netherlands ($77.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rapeseed EXPORT MARKETS FOR Japan WERE (2022 - 2023):
United Kingdom$32.5k (802%)
Singapore$13.4k (1%)
South Africa$7.92k (397%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed BY Japan WERE (2022 - 2023):
Vietnam-$3.2k (-47.6%)
New Zealand-$360 (-100%)
China-$324 (-1.86%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Rapeseed were:
Canada $4.57B
Australia $4.03B
Romania $1.49B
In 2023, Japan's main importing competitors in Rapeseed were:
Germany $3.36B
China $3.27B

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Trade Value of Rapeseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $51.2k
TOP IMPORT POTENTIALPoland+ $535k

Rapeseed’s highest export potential is China. With an export gap of $51.2k.   Rapeseed’s highest import potential is Poland with an import gap of $535k.

See methodology.

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