2023
Exports
$816kWorld Rnk 79 / 121
Flag Rnk 1049 / 1209
2023
PRODUCT COMPLEXITY IN Soybean Meal
-1.09Rnk 852 / 1025
2023
Imports
$895MWorld Rnk 12 / 175
Flag Rnk 151 / 1209
2023
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $816k in Soybean Meal, making it the 79th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 1049th most exported product in Japan. The main destination of Soybean Meal exports from Japan are: Chinese Taipei ($476k), Hong Kong ($157k), China ($141k), Poland ($16.8k), and Thailand ($10.3k).

The fastest growing export markets for Soybean Meal of Japan between 2022 and 2023 were China ($64.8k), Chinese Taipei ($45.4k), and Hong Kong ($29.3k).

Imports In 2023, Japan imported $895M in Soybean Meal, becoming the 12th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 151st most imported product in Japan. Japan imports Soybean Meal primarily from: China ($299M), Brazil ($282M), United States ($178M), India ($46.7M), and South Korea ($33.7M).

The fastest growing import markets in Soybean Meal for Japan between 2022 and 2023 were China ($145M), Paraguay ($6.45M), and India ($2.59M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (12) were at the forefront of shipping Soybean Meal from Japan to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥12.9M(482%)
IMPORT GROWTH (November 2023 - November 2024)¥-2.53B(-21.1%)
MAIN EXPORTER (November 2024)Shizuoka¥7.88M
MAIN DESTINATION (November 2024)Chinese Taipei¥7.13M

This section shows Soybean Meal'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 Soybean Meal over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$816k
IMPORTS (2023)$895M
NET TRADE (2023)-$894M

In 2023, Japan exported $816k in Soybean Meal. The main destinations of Japan exports on Soybean Meal were Chinese Taipei ($476k), Hong Kong ($157k), China ($141k), Poland ($16.8k), and Thailand ($10.3k).

In 2023, Japan imported $895M in Soybean Meal, mainly from China ($299M), Brazil ($282M), United States ($178M), India ($46.7M), and South Korea ($33.7M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Japan WERE (2022 - 2023):
China$64.8k (84.7%)
Chinese Taipei$45.4k (10.5%)
Hong Kong$29.3k (23%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Japan WERE (2022 - 2023):
Switzerland-$101k (-98.8%)
Malaysia-$49.7k (-100%)
Poland-$29.9k (-64.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Soybean Meal were:
In 2023, Japan's main importing competitors in Soybean Meal were:

Explore Visualizations

Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $73.1k
TOP IMPORT POTENTIALArgentina+ $31.5M

Soybean Meal’s highest export potential is Thailand. With an export gap of $73.1k.   Soybean Meal’s highest import potential is Argentina with an import gap of $31.5M.

See methodology.

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