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2022
Exports $304MWorld Rnk 15 / 199
Flag Rnk 269 / 1213
2022
Destination $5.45M Belgium
2021 - 2022
FASTEST GROWING MARKET $5.45MRussia
2022
PRODUCT COMPLEXITY IN Special Pharmaceuticals0.61Rnk 321 / 1025
2022
Imports $784MWorld Rnk 5 / 220
Flag Rnk 164 / 1214
2022
Origin $10.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $10.4MIreland
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $304M in Special Pharmaceuticals, making it the 15th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 269th most exported product in Japan. The main destination of Special Pharmaceuticals exports from Japan are: Belgium ($54.2M), United States ($45.3M), China ($26.1M), Russia ($18M), and Netherlands ($17.2M).

The fastest growing export markets for Special Pharmaceuticals of Japan between 2021 and 2022 were Russia ($5.45M), United Kingdom ($4.39M), and Canada ($3.18M).

Imports In 2022, Japan imported $784M in Special Pharmaceuticals, becoming the 5th largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 164th most imported product in Japan. Japan imports Special Pharmaceuticals primarily from: Germany ($276M), United States ($234M), Mexico ($107M), South Korea ($19M), and Ireland ($18.7M).

The fastest growing import markets in Special Pharmaceuticals for Japan between 2021 and 2022 were Ireland ($10.4M), Spain ($8.11M), and Belgium ($8.07M).

Latest Trends

July 2024

About

Overview In July 2024 Japan's Special Pharmaceuticals exports accounted up to ¥4.38B and imports accounted up to ¥8.98B, resulting in a negative trade balance of ¥4.6B. Between July 2023 and July 2024 the exports of Japan's   Special Pharmaceuticals have increased by ¥863M (24.5%) from ¥3.52B to ¥4.38B, while imports increased by ¥1.76B (24.3%) from ¥7.23B to ¥8.98B.

Destinations In July 2024, Special Pharmaceuticals were exported mostly to United States (¥792M), Belgium (¥709M), China (¥491M), India (¥364M), and Netherlands (¥349M), and were imported mostly from Germany (¥2.16B), United States (¥2.1B), Mexico (¥1.16B), Italy (¥475M), and France (¥420M).

Growth In July 2024, the increase in Special Pharmaceuticals's year-by-year exports was explained primarily by an increase in exports to Germany (¥209M or 291%), United States (¥94.7M or 23.7%), and Australia (¥91.9M or 258%). In July 2024, the increase in Special Pharmaceuticals's year-by-year imports was explained primarily by an increase in imports from France (¥585M or 573%), United States (¥237M or 15.8%), and Ireland (¥146M or 46.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)¥863M(24.5%)
IMPORT GROWTH (July 2023 - July 2024)¥1.76B(24.3%)
MAIN EXPORTER (July 2024)Chiba¥2.25B
MAIN DESTINATION (July 2024)United States¥792M

This section shows Special Pharmaceuticals'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 Special Pharmaceuticals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$304M
IMPORTS (2022)$784M
NET TRADE (2022)-$479M

In 2022, Japan exported $304M in Special Pharmaceuticals. The main destinations of Japan exports on Special Pharmaceuticals were Belgium ($54.2M), United States ($45.3M), China ($26.1M), Russia ($18M), and Netherlands ($17.2M).

In 2022, Japan imported $784M in Special Pharmaceuticals, mainly from Germany ($276M), United States ($234M), Mexico ($107M), South Korea ($19M), and Ireland ($18.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Russia$5.45M (43.4%)
United Kingdom$4.39M (331%)
Canada$3.18M (124%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Japan WERE (2021 - 2022):
United States-$9.61M (-17.5%)
Belgium-$6.51M (-10.7%)
Australia-$5.14M (-29%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Special Pharmaceuticals were:
Germany $3.23B
United States $1.77B
Netherlands $1.25B
In 2022, Japan's main importing competitors in Special Pharmaceuticals were:
United States $3.52B
Belgium $1.22B
China $1.01B

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Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.4M
TOP IMPORT POTENTIALNetherlands+ $11.7M

Special Pharmaceuticals’s highest export potential is United States. With an export gap of $22.4M.   Special Pharmaceuticals’s highest import potential is Netherlands with an import gap of $11.7M.

See methodology.

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