2022
Exports
$63.9kWorld Rnk 76 / 109
Flag Rnk 1155 / 1213
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$17MWorld Rnk 14 / 137
Flag Rnk 921 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $63.9k in Wool, making it the 76th largest exporter of Wool in the world. At the same year, Wool was the 1155th most exported product in Japan. The main destination of Wool exports from Japan are: South Korea ($56.7k), United States ($2.67k), Italy ($2.57k), Mexico ($1.84k), and Ireland ($72).

The fastest growing export markets for Wool of Japan between 2021 and 2022 were South Korea ($56.7k), United States ($2.67k), and Mexico ($1.84k).

Imports In 2022, Japan imported $17M in Wool, becoming the 14th largest importer of Wool in the world. At the same year, Wool was the 921st most imported product in Japan. Japan imports Wool primarily from: Australia ($8.07M), China ($3.79M), New Zealand ($2.67M), United Kingdom ($1.29M), and Uruguay ($420k).

The fastest growing import markets in Wool for Japan between 2021 and 2022 were Australia ($2.42M), United Kingdom ($683k), and Uruguay ($231k).

Latest Trends

July 2022

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2016 - July 2022)¥242k(N/A%)
IMPORT GROWTH (June 2023 - June 2024)¥23M(22.3%)
MAIN EXPORTER (July 2022)
MAIN DESTINATION (July 2022)

This section shows Wool'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 Wool over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$63.9k
IMPORTS (2022)$17M
NET TRADE (2022)-$16.9M

In 2022, Japan exported $63.9k in Wool. The main destinations of Japan exports on Wool were South Korea ($56.7k), United States ($2.67k), Italy ($2.57k), Mexico ($1.84k), and Ireland ($72).

In 2022, Japan imported $17M in Wool, mainly from Australia ($8.07M), China ($3.79M), New Zealand ($2.67M), United Kingdom ($1.29M), and Uruguay ($420k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Japan WERE (2021 - 2022):
South Korea$56.7k (1%)
United States$2.67k (1%)
Mexico$1.84k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Japan WERE (2021 - 2022):
China-$46.1k (-100%)
France-$37.2k (-100%)
Burma-$11.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Wool were:
In 2022, Japan's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $10.4k
TOP IMPORT POTENTIALAustralia+ $2.38M

Wool’s highest export potential is South Korea. With an export gap of $10.4k.   Wool’s highest import potential is Australia with an import gap of $2.38M.

See methodology.

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