2022
Exports
$799MWorld Rnk 4 / 123
Flag Rnk 144 / 1213
2022
PRODUCT COMPLEXITY IN Petroleum Resins
1.53Rnk 46 / 1025
2022
Imports
$314MWorld Rnk 7 / 197
Flag Rnk 295 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $799M in Petroleum Resins, making it the 4th largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 144th most exported product in Japan. The main destination of Petroleum Resins exports from Japan are: China ($206M), United States ($100M), Chinese Taipei ($52.3M), Malaysia ($51.7M), and Thailand ($49.2M).

The fastest growing export markets for Petroleum Resins of Japan between 2021 and 2022 were United Kingdom ($12.8M), United States ($12.8M), and Singapore ($5.05M).

Imports In 2022, Japan imported $314M in Petroleum Resins, becoming the 7th largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 295th most imported product in Japan. Japan imports Petroleum Resins primarily from: United States ($80.9M), Germany ($52.4M), China ($45.4M), South Korea ($43.3M), and Malaysia ($25.8M).

The fastest growing import markets in Petroleum Resins for Japan between 2021 and 2022 were Malaysia ($7.01M), Netherlands ($4.6M), and United Kingdom ($3.17M).

COMPANIES In 2023, leading companies such as Yokohama Industries (11), Sumitomo Rubber (4), and Continental Tire (3) were at the forefront of shipping Petroleum Resins from Japan to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥1.7B(26.8%)
IMPORT GROWTH (August 2023 - August 2024)¥-803M(-17.3%)
MAIN EXPORTER (August 2024)Hyōgo¥2.79B
MAIN DESTINATION (August 2024)China¥2.07B

This section shows Petroleum Resins'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 Petroleum Resins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$799M
IMPORTS (2022)$314M
NET TRADE (2022)$485M

In 2022, Japan exported $799M in Petroleum Resins. The main destinations of Japan exports on Petroleum Resins were China ($206M), United States ($100M), Chinese Taipei ($52.3M), Malaysia ($51.7M), and Thailand ($49.2M).

In 2022, Japan imported $314M in Petroleum Resins, mainly from United States ($80.9M), Germany ($52.4M), China ($45.4M), South Korea ($43.3M), and Malaysia ($25.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United Kingdom$12.8M (90.9%)
United States$12.8M (14.6%)
Singapore$5.05M (64.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Japan WERE (2021 - 2022):
China-$42.1M (-17%)
Chinese Taipei-$18.1M (-25.8%)
Hong Kong-$17.3M (-54.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Petroleum Resins were:
In 2022, Japan's main importing competitors in Petroleum Resins were:

Explore Visualizations

Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13M
TOP IMPORT POTENTIALChina+ $19.7M

Petroleum Resins’s highest export potential is China. With an export gap of $13M.   Petroleum Resins’s highest import potential is China with an import gap of $19.7M.

See methodology.

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