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2022
Exports $2.03MWorld Rnk 23 / 104
Flag Rnk 957 / 1213
falsefalse United States
2022
PRODUCT COMPLEXITY IN Wood Barrels0.13Rnk 510 / 1025
2022
Imports $48.1MWorld Rnk 7 / 188
Flag Rnk 736 / 1214
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $2.03M in Wood Barrels, making it the 23rd largest exporter of Wood Barrels in the world. At the same year, Wood Barrels was the 957th most exported product in Japan. The main destination of Wood Barrels exports from Japan are: United States ($864k), United Kingdom ($639k), Ireland ($194k), India ($55.5k), and France ($49.7k).

Imports In 2022, Japan imported $48.1M in Wood Barrels, becoming the 7th largest importer of Wood Barrels in the world. At the same year, Wood Barrels was the 736th most imported product in Japan. Japan imports Wood Barrels primarily from: United States ($27.3M), Spain ($13.4M), France ($3.44M), United Kingdom ($2.15M), and China ($820k).

COMPANIES In 2023, leading companies such as Toyota (435) and Nissan (34) were at the forefront of shipping Wood Barrels from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Wood Barrels exports accounted up to ¥1.97M and imports accounted up to ¥1.03B, resulting in a negative trade balance of ¥1.03B. Between May 2023 and June 2024 the exports of Japan's   Wood Barrels have increased by ¥1.41M (250%) from ¥562k to ¥1.97M, while imports increased by ¥290M (39.3%) from ¥737M to ¥1.03B.

Destinations In June 2024, Wood Barrels were exported mostly to United States (¥1.37M), Singapore (¥354k), and Chinese Taipei (¥247k), and were imported mostly from United States (¥676M), Spain (¥244M), France (¥46.8M), United Kingdom (¥26.8M), and Portugal (¥24.7M).

Growth In June 2024, the increase in Wood Barrels's year-by-year exports was explained primarily by an increase in exports to United States (¥4.68M or 824%). In June 2024, the increase in Wood Barrels's year-by-year imports was explained primarily by an increase in imports from China (¥6.88M or 73.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)¥1.41M(250%)
IMPORT GROWTH (June 2023 - June 2024)¥290M(39.3%)
MAIN EXPORTER (June 2024)Fukuoka¥61.9M
MAIN DESTINATION (June 2024)United States¥1.37M

This section shows Wood Barrels'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 Wood Barrels over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.03M
IMPORTS (2022)$48.1M
NET TRADE (2022)-$46.1M

In 2022, Japan exported $2.03M in Wood Barrels. The main destinations of Japan exports on Wood Barrels were United States ($864k), United Kingdom ($639k), Ireland ($194k), India ($55.5k), and France ($49.7k).

In 2022, Japan imported $48.1M in Wood Barrels, mainly from United States ($27.3M), Spain ($13.4M), France ($3.44M), United Kingdom ($2.15M), and China ($820k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Japan's main exporting competitors in Wood Barrels were:
France $530M
United States $318M
Spain $144M
In 2022, Japan's main importing competitors in Wood Barrels were:
United States $278M
United Kingdom $194M
Spain $90.8M

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Trade Value of Wood Barrels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $372k
TOP IMPORT POTENTIALFrance+ $1.75M

Wood Barrels’s highest export potential is United States. With an export gap of $372k.   Wood Barrels’s highest import potential is France with an import gap of $1.75M.

See methodology.

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