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2022
Exports $81MWorld Rnk 28 / 176
Flag Rnk 469 / 1213
2022
Destination $4.52M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $4.52MTogo
2022
PRODUCT COMPLEXITY IN Rice-1.95Rnk 998 / 1025
2022
Imports $568MWorld Rnk 15 / 221
Flag Rnk 215 / 1214
2022
Origin $36.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $36.5MUnited States
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $81M in Rice, making it the 28th largest exporter of Rice in the world. At the same year, Rice was the 469th most exported product in Japan. The main destination of Rice exports from Japan are: Hong Kong ($18M), United States ($9.42M), Singapore ($9.36M), Chinese Taipei ($5.59M), and Togo ($4.52M).

The fastest growing export markets for Rice of Japan between 2021 and 2022 were Togo ($4.52M), United States ($3.49M), and Niger ($2.61M).

Imports In 2022, Japan imported $568M in Rice, becoming the 15th largest importer of Rice in the world. At the same year, Rice was the 215th most imported product in Japan. Japan imports Rice primarily from: United States ($331M), Thailand ($136M), China ($68.4M), Australia ($24.1M), and Chinese Taipei ($1.98M).

The fastest growing import markets in Rice for Japan between 2021 and 2022 were United States ($36.5M), Australia ($23.5M), and China ($15.6M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (83) were at the forefront of shipping Rice from Japan to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Japan's Rice exports accounted up to ¥934M and imports accounted up to ¥7.25B, resulting in a negative trade balance of ¥6.32B. Between July 2023 and July 2024 the exports of Japan's   Rice have increased by ¥90.6M (10.7%) from ¥843M to ¥934M, while imports decreased by ¥-4.18B (-36.6%) from ¥11.4B to ¥7.25B.

Destinations In July 2024, Rice were exported mostly to Hong Kong (¥222M), United States (¥168M), Singapore (¥135M), Chinese Taipei (¥85.2M), and Canada (¥52.4M), and were imported mostly from United States (¥2.82B), Thailand (¥2.72B), China (¥1.51B), Argentina (¥67.3M), and Australia (¥58.8M).

Growth In July 2024, the increase in Rice's year-by-year exports was explained primarily by an increase in exports to United States (¥79M or 212%), Canada (¥21.3M or 1.71k%), and Chinese Taipei (¥13.9M or 36.3%). In July 2024, the decrease in Rice's year-by-year imports was explained primarily by a decrease in imports from United States (¥-2.99B or -99%) and China (¥-540k or -29.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)¥90.6M(10.7%)
IMPORT GROWTH (July 2023 - July 2024)¥-4.18B(-36.6%)
MAIN EXPORTER (July 2024)Tokyo¥369M
MAIN DESTINATION (July 2024)Hong Kong¥222M

This section shows Rice'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 Rice over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$81M
IMPORTS (2022)$568M
NET TRADE (2022)-$487M

In 2022, Japan exported $81M in Rice. The main destinations of Japan exports on Rice were Hong Kong ($18M), United States ($9.42M), Singapore ($9.36M), Chinese Taipei ($5.59M), and Togo ($4.52M).

In 2022, Japan imported $568M in Rice, mainly from United States ($331M), Thailand ($136M), China ($68.4M), Australia ($24.1M), and Chinese Taipei ($1.98M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Togo$4.52M (1%)
United States$3.49M (58.8%)
Niger$2.61M (342%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Japan WERE (2021 - 2022):
Democratic Republic of the Congo-$6.74M (-88.9%)
Mauritania-$3.68M (-54.2%)
Sao Tome and Principe-$1.99M (-55.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Rice were:
India $11.1B
Thailand $4.29B
Vietnam $3.18B
In 2022, Japan's main importing competitors in Rice were:
China $2.46B
Philippines $1.63B
Saudi Arabia $1.23B

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.08M
TOP IMPORT POTENTIALChina+ $22.3M

Rice’s highest export potential is United States. With an export gap of $4.08M.   Rice’s highest import potential is China with an import gap of $22.3M.

See methodology.

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