2022
Exports
$424MWorld Rnk 26 / 210
Flag Rnk 217 / 1213
2022
PRODUCT COMPLEXITY IN Baked Goods
-0.32Rnk 655 / 1025
2022
Imports
$582MWorld Rnk 17 / 226
Flag Rnk 209 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $424M in Baked Goods, making it the 26th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 217th most exported product in Japan. The main destination of Baked Goods exports from Japan are: Hong Kong ($95.9M), United States ($82.3M), Chinese Taipei ($65.2M), China ($62.1M), and Singapore ($31.4M).

The fastest growing export markets for Baked Goods of Japan between 2021 and 2022 were United States ($11.2M), Chinese Taipei ($4.56M), and South Korea ($3.84M).

Imports In 2022, Japan imported $582M in Baked Goods, becoming the 17th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 209th most imported product in Japan. Japan imports Baked Goods primarily from: China ($102M), France ($81.9M), Malaysia ($60M), United States ($50.3M), and Vietnam ($34.1M).

The fastest growing import markets in Baked Goods for Japan between 2021 and 2022 were France ($10.1M), United Kingdom ($9.69M), and China ($9.54M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (143), Storck (41), and Costco Wholesale (1) were at the forefront of shipping Baked Goods from Japan to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥201M(4.6%)
IMPORT GROWTH (June 2023 - June 2024)¥828M(14.7%)
MAIN EXPORTER (June 2024)Tokyo¥1.15B
MAIN DESTINATION (June 2024)United States¥1.05B

This section shows Baked Goods'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 Baked Goods over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$424M
IMPORTS (2022)$582M
NET TRADE (2022)-$158M

In 2022, Japan exported $424M in Baked Goods. The main destinations of Japan exports on Baked Goods were Hong Kong ($95.9M), United States ($82.3M), Chinese Taipei ($65.2M), China ($62.1M), and Singapore ($31.4M).

In 2022, Japan imported $582M in Baked Goods, mainly from China ($102M), France ($81.9M), Malaysia ($60M), United States ($50.3M), and Vietnam ($34.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$11.2M (15.8%)
Chinese Taipei$4.56M (7.51%)
South Korea$3.84M (29.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Japan WERE (2021 - 2022):
Hong Kong-$22.3M (-18.9%)
China-$14M (-18.4%)
Vietnam-$3.8M (-45.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, Japan's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $33.7M
TOP IMPORT POTENTIALChina+ $17.9M

Baked Goods’s highest export potential is United States. With an export gap of $33.7M.   Baked Goods’s highest import potential is China with an import gap of $17.9M.

See methodology.

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