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2022
Exports $10MWorld Rnk 20 / 194
Flag Rnk 769 / 1213
2022
Destination $187k South Korea
2021 - 2022
FASTEST GROWING MARKET $187kKuwait
2022
PRODUCT COMPLEXITY IN Cutlery Sets-0.066Rnk 570 / 1025
2022
Imports $40.2MWorld Rnk 22 / 218
Flag Rnk 781 / 1214
2022
Origin $1.61M China
2021 - 2022
FASTEST GROWING ORIGIN $1.61MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $10M in Cutlery Sets, making it the 20th largest exporter of Cutlery Sets in the world. At the same year, Cutlery Sets was the 769th most exported product in Japan. The main destination of Cutlery Sets exports from Japan are: South Korea ($1.35M), China ($1.24M), United States ($1.24M), Kuwait ($1.19M), and Chinese Taipei ($789k).

The fastest growing export markets for Cutlery Sets of Japan between 2021 and 2022 were Kuwait ($187k), United Arab Emirates ($152k), and Philippines ($101k).

Imports In 2022, Japan imported $40.2M in Cutlery Sets, becoming the 22nd largest importer of Cutlery Sets in the world. At the same year, Cutlery Sets was the 781st most imported product in Japan. Japan imports Cutlery Sets primarily from: China ($29M), Portugal ($4.12M), France ($2.05M), Vietnam ($1.94M), and Italy ($666k).

The fastest growing import markets in Cutlery Sets for Japan between 2021 and 2022 were China ($1.61M), France ($725k), and Vietnam ($554k).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Cutlery Sets exports accounted up to ¥86.5M and imports accounted up to ¥377M, resulting in a negative trade balance of ¥290M. Between August 2023 and August 2024 the exports of Japan's   Cutlery Sets have increased by ¥31.1M (56.1%) from ¥55.4M to ¥86.5M, while imports decreased by ¥-726k (-0.19%) from ¥378M to ¥377M.

Destinations In August 2024, Cutlery Sets were exported mostly to South Korea (¥23.7M), Saudi Arabia (¥14.5M), United States (¥10.4M), China (¥10M), and Chinese Taipei (¥9.07M), and were imported mostly from China (¥281M), Portugal (¥46.4M), Vietnam (¥16.2M), Italy (¥10.4M), and France (¥8.21M).

Growth In August 2024, the increase in Cutlery Sets's year-by-year exports was explained primarily by an increase in exports to Germany (¥1.06M or 136%), Netherlands (¥791k or 220%), and France (¥775k or 109%). In August 2024, the decrease in Cutlery Sets's year-by-year imports was explained primarily by a decrease in imports from United States (¥-2.37M or -77.2%) and Chinese Taipei (¥-675k or -23.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥31.1M(56.1%)
IMPORT GROWTH (August 2023 - August 2024)¥-726k(-0.19%)
MAIN EXPORTER (August 2024)Osaka¥43.4M
MAIN DESTINATION (August 2024)South Korea¥23.7M

This section shows Cutlery Sets'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 Cutlery Sets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10M
IMPORTS (2022)$40.2M
NET TRADE (2022)-$30.1M

In 2022, Japan exported $10M in Cutlery Sets. The main destinations of Japan exports on Cutlery Sets were South Korea ($1.35M), China ($1.24M), United States ($1.24M), Kuwait ($1.19M), and Chinese Taipei ($789k).

In 2022, Japan imported $40.2M in Cutlery Sets, mainly from China ($29M), Portugal ($4.12M), France ($2.05M), Vietnam ($1.94M), and Italy ($666k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutlery Sets EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Kuwait$187k (18.8%)
United Arab Emirates$152k (84.3%)
Philippines$101k (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutlery Sets BY Japan WERE (2021 - 2022):
South Korea-$486k (-26.4%)
United States-$297k (-19.3%)
Bangladesh-$270k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Cutlery Sets were:
China $2.38B
Vietnam $288M
Germany $127M
In 2022, Japan's main importing competitors in Cutlery Sets were:
United States $688M
Germany $226M
Netherlands $128M

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Trade Value of Cutlery Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $980k
TOP IMPORT POTENTIALChina+ $7.84M

Cutlery Sets’s highest export potential is United States. With an export gap of $980k.   Cutlery Sets’s highest import potential is China with an import gap of $7.84M.

See methodology.

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