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2022
Exports $1.02BWorld Rnk 2 / 200
Flag Rnk 123 / 1213
2022
Destination $16.4M United States
2021 - 2022
FASTEST GROWING MARKET $16.4MUnited States
2022
PRODUCT COMPLEXITY IN Pens0.7Rnk 277 / 1025
2022
Imports $142MWorld Rnk 13 / 222
Flag Rnk 479 / 1214
2022
Origin $2.75M China
2021 - 2022
FASTEST GROWING ORIGIN $2.75MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $1.02B in Pens, making it the 2nd largest exporter of Pens in the world. At the same year, Pens was the 123rd most exported product in Japan. The main destination of Pens exports from Japan are: United States ($272M), China ($187M), France ($90.2M), South Korea ($56M), and Germany ($43.7M).

The fastest growing export markets for Pens of Japan between 2021 and 2022 were United States ($16.4M), Saudi Arabia ($6.01M), and South Korea ($3.76M).

Imports In 2022, Japan imported $142M in Pens, becoming the 13th largest importer of Pens in the world. At the same year, Pens was the 479th most imported product in Japan. Japan imports Pens primarily from: China ($74.6M), South Korea ($14.6M), Vietnam ($13.5M), Germany ($12.8M), and France ($5.62M).

The fastest growing import markets in Pens for Japan between 2021 and 2022 were China ($2.75M), Germany ($1.33M), and Hong Kong ($715k).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Pens exports accounted up to ¥10.5B and imports accounted up to ¥1.66B, resulting in a positive trade balance of ¥8.8B. Between June 2023 and June 2024 the exports of Japan's   Pens have decreased by ¥-252M (-2.35%) from ¥10.7B to ¥10.5B, while imports increased by ¥87M (5.52%) from ¥1.58B to ¥1.66B.

Destinations In June 2024, Pens were exported mostly to United States (¥2.81B), China (¥1.82B), France (¥1.21B), South Korea (¥618M), and Chinese Taipei (¥422M), and were imported mostly from China (¥878M), Germany (¥218M), Vietnam (¥208M), South Korea (¥116M), and Chinese Taipei (¥69.3M).

Growth In June 2024, the decrease in Pens's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei (¥-136M or -33.2%), Italy (¥-115M or -55.6%), and Mexico (¥-89.8M or -59.6%). In June 2024, the increase in Pens's year-by-year imports was explained primarily by an increase in imports from China (¥253M or 32.9%), Vietnam (¥78.7M or 52.4%), and South Korea (¥48.8M or 27.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-252M(-2.35%)
IMPORT GROWTH (June 2023 - June 2024)¥87M(5.52%)
MAIN EXPORTER (June 2024)Kanagawa¥5.53B
MAIN DESTINATION (June 2024)United States¥2.81B

This section shows Pens'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 Pens over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.02B
IMPORTS (2022)$142M
NET TRADE (2022)$878M

In 2022, Japan exported $1.02B in Pens. The main destinations of Japan exports on Pens were United States ($272M), China ($187M), France ($90.2M), South Korea ($56M), and Germany ($43.7M).

In 2022, Japan imported $142M in Pens, mainly from China ($74.6M), South Korea ($14.6M), Vietnam ($13.5M), Germany ($12.8M), and France ($5.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pens EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$16.4M (6.39%)
Saudi Arabia$6.01M (86.4%)
South Korea$3.76M (7.19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pens BY Japan WERE (2021 - 2022):
China-$16.1M (-7.94%)
France-$8.07M (-8.21%)
Chinese Taipei-$6.48M (-16.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Pens were:
China $2.39B
Germany $776M
In 2022, Japan's main importing competitors in Pens were:
United States $1.17B
Germany $439M
France $423M

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Trade Value of Pens by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $6.04M
TOP IMPORT POTENTIALChina+ $16.4M

Pens’s highest export potential is Mexico. With an export gap of $6.04M.   Pens’s highest import potential is China with an import gap of $16.4M.

See methodology.

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