2022
Exports
$876kWorld Rnk 64 / 139
Flag Rnk 1041 / 1213
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2022
Imports
$2.47BWorld Rnk 3 / 200
Flag Rnk 54 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $876k in Soybeans, making it the 64th largest exporter of Soybeans in the world. At the same year, Soybeans was the 1041st most exported product in Japan. The main destination of Soybeans exports from Japan are: Hong Kong ($189k), Australia ($136k), Canada ($116k), Chinese Taipei ($110k), and Singapore ($59.6k).

The fastest growing export markets for Soybeans of Japan between 2021 and 2022 were Hong Kong ($107k), Chinese Taipei ($70.4k), and Italy ($40.3k).

Imports In 2022, Japan imported $2.47B in Soybeans, becoming the 3rd largest importer of Soybeans in the world. At the same year, Soybeans was the 54th most imported product in Japan. Japan imports Soybeans primarily from: United States ($1.82B), Brazil ($361M), Canada ($267M), China ($23.8M), and Russia ($1.82M).

The fastest growing import markets in Soybeans for Japan between 2021 and 2022 were United States ($396M), Brazil ($142M), and Canada ($72.7M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (1) were at the forefront of shipping Soybeans from Japan to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - July 2024)¥2.48M(205%)
IMPORT GROWTH (July 2023 - July 2024)¥-1.93B(-6.95%)
MAIN EXPORTER (July 2024)Hokkaido¥4.6M
MAIN DESTINATION (July 2024)Hong Kong¥3.07M

This section shows Soybeans'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 Soybeans over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$876k
IMPORTS (2022)$2.47B
NET TRADE (2022)-$2.47B

In 2022, Japan exported $876k in Soybeans. The main destinations of Japan exports on Soybeans were Hong Kong ($189k), Australia ($136k), Canada ($116k), Chinese Taipei ($110k), and Singapore ($59.6k).

In 2022, Japan imported $2.47B in Soybeans, mainly from United States ($1.82B), Brazil ($361M), Canada ($267M), China ($23.8M), and Russia ($1.82M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Hong Kong$107k (131%)
Chinese Taipei$70.4k (178%)
Italy$40.3k (471%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Japan WERE (2021 - 2022):
Australia-$117k (-46.3%)
Canada-$96.1k (-45.2%)
United States-$61.9k (-71.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Soybeans were:
In 2022, Japan's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B

Explore Visualizations

Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $120k
TOP IMPORT POTENTIALBrazil+ $189M

Soybeans’s highest export potential is Germany. With an export gap of $120k.   Soybeans’s highest import potential is Brazil with an import gap of $189M.

See methodology.

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