Tea and mate extracts, essences and concentrates in Japan | The Observatory of Economic Complexity

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Pricing

2022
Destination $1.04MN/A

2021 - 2022
FASTEST GROWING MARKET $1.04MChinese Taipei

2022
ImportsfalseWorld Rnk 14 / 213
Flag

Rnk 1789 / 4526

2022
Origin $2.29M China

2021 - 2022
FASTEST GROWING ORIGIN $2.29MChina

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

The fastest growing export markets for Tea and mate extracts, essences and concentrates of Japan between 2021 and 2022 were Chinese Taipei ($1.04M), Vietnam ($723k), and United States ($531k).

Imports In 2022, Japan imported $28.9M in Tea and mate extracts, essences and concentrates, becoming the 14th largest importer of Tea and mate extracts, essences and concentrates in the world. At the same year, Tea and mate extracts, essences and concentrates was the 1789th most imported product in Japan. Japan imports Tea and mate extracts, essences and concentrates primarily from: China ($9.03M), Thailand ($5.14M), India ($4.92M), United States ($2.34M), and Malaysia ($2.24M).

The fastest growing import markets in Tea and mate extracts, essences and concentrates for Japan between 2021 and 2022 were China ($2.29M), Thailand ($1.6M), and India ($1.13M).

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 Tea and mate extracts, essences and concentrates from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Tea and mate extracts, essences and concentrates exports accounted up to ¥288M and imports accounted up to ¥418M, resulting in a negative trade balance of ¥131M. Between June 2023 and June 2024 the exports of Japan's Tea and mate extracts, essences and concentrates have increased by ¥74.9M (35.2%) from ¥213M to ¥288M, while imports decreased by ¥-37.3M (-8.2%) from ¥456M to ¥418M.

Destinations In June 2024, Tea and mate extracts, essences and concentrates were exported mostly to United States (¥125M), Chinese Taipei (¥36M), Thailand (¥26.4M), Hong Kong (¥15.2M), and Vietnam (¥14.9M), and were imported mostly from China (¥182M), South Korea (¥97.9M), Malaysia (¥36M), India (¥35.5M), and France (¥17.5M).

Growth In June 2024, the increase in Tea and mate extracts, essences and concentrates's year-by-year exports was explained primarily by an increase in exports to Singapore (¥8.03M or 141%), France (¥5.64M or 2.54k%), and Thailand (¥2.86M or 22.8%). In June 2024, the decrease in Tea and mate extracts, essences and concentrates's year-by-year imports was explained primarily by a decrease in imports from Thailand (¥-108M or -94.4%), Malaysia (¥-33.9M or -46.2%), and United States (¥-30.5M or -95.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)¥74.9M(35.2%)

IMPORT GROWTH (June 2023 - June 2024)¥-37.3M(-8.2%)

MAIN EXPORTER (June 2024)Kanagawa¥119M

MAIN DESTINATION (June 2024)United States¥125M

This section shows Tea and mate extracts, essences and concentrates'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 Tea and mate extracts, essences and concentrates over time.

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Unit Prices

Flow

Exports

Imports

Value

Unit Price

Index (YoY)

Growth (YoY)

The following visualization shows the unit prices for Tea and mate extracts, essences and concentrates throughout time. Products without a clear unit are excluded.

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