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2022
Exports $130MWorld Rnk 44 / 189
Flag Rnk 391 / 1213
2022
Destination $7.14M China
2021 - 2022
FASTEST GROWING MARKET $7.14MChina
2022
PRODUCT COMPLEXITY IN Animal Food-0.27Rnk 637 / 1025
2022
Imports $1.04BWorld Rnk 11 / 223
Flag Rnk 136 / 1214
2022
Origin $31.2M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $31.2MSouth Korea
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $130M in Animal Food, making it the 44th largest exporter of Animal Food in the world. At the same year, Animal Food was the 391st most exported product in Japan. The main destination of Animal Food exports from Japan are: China ($28M), Chinese Taipei ($24.9M), South Korea ($24.5M), Hong Kong ($16.7M), and United States ($8.16M).

The fastest growing export markets for Animal Food of Japan between 2021 and 2022 were China ($7.14M), Norway ($924k), and Bangladesh ($277k).

Imports In 2022, Japan imported $1.04B in Animal Food, becoming the 11th largest importer of Animal Food in the world. At the same year, Animal Food was the 136th most imported product in Japan. Japan imports Animal Food primarily from: Thailand ($313M), China ($146M), United States ($124M), France ($70.5M), and South Korea ($65.7M).

The fastest growing import markets in Animal Food for Japan between 2021 and 2022 were South Korea ($31.2M), Australia ($12.1M), and China ($5.65M).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Animal Food exports accounted up to ¥1.88B and imports accounted up to ¥14.6B, resulting in a negative trade balance of ¥12.7B. Between June 2023 and June 2024 the exports of Japan's   Animal Food have increased by ¥164M (9.57%) from ¥1.72B to ¥1.88B, while imports increased by ¥2.2B (17.8%) from ¥12.4B to ¥14.6B.

Destinations In June 2024, Animal Food were exported mostly to China (¥594M), South Korea (¥411M), Chinese Taipei (¥341M), Hong Kong (¥195M), and United States (¥59.3M), and were imported mostly from Thailand (¥3.99B), United States (¥2.77B), China (¥1.84B), South Korea (¥945M), and Australia (¥913M).

Growth In June 2024, the increase in Animal Food's year-by-year exports was explained primarily by an increase in exports to South Korea (¥91.4M or 54.5%), Chinese Taipei (¥71.9M or 51%), and Norway (¥40.8M or 102%). In June 2024, the increase in Animal Food's year-by-year imports was explained primarily by an increase in imports from United States (¥547M or 41.2%), South Korea (¥404M or 62%), and China (¥196M or 12%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥164M(9.57%)
IMPORT GROWTH (June 2023 - June 2024)¥2.2B(17.8%)
MAIN EXPORTER (June 2024)Shizuoka¥542M
MAIN DESTINATION (June 2024)China¥594M

This section shows Animal Food'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 Animal Food over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$130M
IMPORTS (2022)$1.04B
NET TRADE (2022)-$911M

In 2022, Japan exported $130M in Animal Food. The main destinations of Japan exports on Animal Food were China ($28M), Chinese Taipei ($24.9M), South Korea ($24.5M), Hong Kong ($16.7M), and United States ($8.16M).

In 2022, Japan imported $1.04B in Animal Food, mainly from Thailand ($313M), China ($146M), United States ($124M), France ($70.5M), and South Korea ($65.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Food EXPORT MARKETS FOR Japan WERE (2021 - 2022):
China$7.14M (34.2%)
Norway$924k (28.6%)
Bangladesh$277k (42.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Food BY Japan WERE (2021 - 2022):
South Korea-$4.3M (-14.9%)
Macau-$1.27M (-61.4%)
Hong Kong-$1.04M (-5.88%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Animal Food were:
Germany $4.76B
Netherlands $4.41B
United States $4.34B
In 2022, Japan's main importing competitors in Animal Food were:
Germany $3.39B
United States $3.02B
Netherlands $1.95B

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Trade Value of Animal Food by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $11M
TOP IMPORT POTENTIALChina+ $58.1M

Animal Food’s highest export potential is China. With an export gap of $11M.   Animal Food’s highest import potential is China with an import gap of $58.1M.

See methodology.

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