Soya sauce in Japan | The Observatory of Economic Complexity

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Pricing

2022
Exports $83.5MWorld Rnk 3 / 138
Flag

Rnk 837 / 4518

falsefalse United States

2021 - 2022
FASTEST GROWING MARKETfalseUnited States

2022
Imports $3.65MWorld Rnk 44 / 218
Flag

Rnk 3343 / 4526

2021 - 2022
FASTEST GROWING ORIGINfalseN/A

2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

Image 1

Image by storebukkebruse
Link: https://flic.kr/p/bsoHum

Image 2

Image by Bruno Cordioli
Link: https://flic.kr/p/bwAXab

Latest Trends
Historical Data

About

Exports In 2022, Japan exported $83.5M in Soya sauce, making it the 3rd largest exporter of Soya sauce in the world. At the same year, Soya sauce was the 837th most exported product in Japan. The main destination of Soya sauce exports from Japan are: United States ($18M), China ($6.77M), Australia ($5.84M), United Kingdom ($5.22M), and South Korea ($5.08M).

The fastest growing export markets for Soya sauce of Japan between 2021 and 2022 were United States ($2.92M), Indonesia ($899k), and Philippines ($614k).

Imports In 2022, Japan imported $3.65M in Soya sauce, becoming the 44th largest importer of Soya sauce in the world. At the same year, Soya sauce was the 3343rd most imported product in Japan. Japan imports Soya sauce primarily from: China ($2.21M), Thailand ($624k), Indonesia ($235k), Philippines ($189k), and South Korea ($106k).

COMPANIES In 2023, leading companies such as Kubota (7.96k), Toyota (3.5k), and Wismettac Asian Foods (2.45k) were at the forefront of shipping Soya sauce from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Soya sauce exports accounted up to ¥1.13B and imports accounted up to ¥42.9M, resulting in a positive trade balance of ¥1.09B. Between June 2023 and June 2024 the exports of Japan's Soya sauce have increased by ¥238M (26.7%) from ¥892M to ¥1.13B, while imports increased by ¥8.78M (25.7%) from ¥34.1M to ¥42.9M.

Destinations In June 2024, Soya sauce were exported mostly to United States (¥181M), Netherlands (¥80.5M), Belgium (¥79.6M), China (¥78.6M), and South Korea (¥72.1M), and were imported mostly from China (¥30M), Thailand (¥6.55M), Philippines (¥2.99M), Chinese Taipei (¥2.49M), and Italy (¥851k).

Growth In June 2024, the increase in Soya sauce's year-by-year exports was explained primarily by an increase in exports to United States (¥39.8M or 44.8%), China (¥32.5M or 326%), and United Kingdom (¥10.1M or 36.9%). In June 2024, the increase in Soya sauce's year-by-year imports was explained primarily by an increase in imports from Philippines (¥4.32M or 257%), China (¥3.87M or 19.9%), and South Korea (¥883k or 139%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)¥238M(26.7%)

IMPORT GROWTH (June 2023 - June 2024)¥8.78M(25.7%)

MAIN EXPORTER (June 2024)Tokyo¥461M

MAIN DESTINATION (June 2024)United States¥181M

This section shows Soya sauce'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 Soya sauce over time.

For full datasets download visit Bulk Download page.

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Unit Prices

Flow

Exports

Imports

Value

Unit Price

Index (YoY)

Growth (YoY)

The following visualization shows the unit prices for Soya sauce throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$83.5M

IMPORTS (2022)$3.65M

NET TRADE (2022)$79.8M

In 2022, Japan exported $83.5M in Soya sauce. The main destinations of Japan exports on Soya sauce were United States ($18M), China ($6.77M), Australia ($5.84M), United Kingdom ($5.22M), and South Korea ($5.08M).

In 2022, Japan imported $3.65M in Soya sauce, mainly from China ($2.21M), Thailand ($624k), Indonesia ($235k), Philippines ($189k), and South Korea ($106k).

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