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2022
Exports $56.9kWorld Rnk 54 / 78
Flag Rnk 1160 / 1213
2022
Destination $17.4k South Korea
2021 - 2022
FASTEST GROWING MARKET $17.4kChina
2022
PRODUCT COMPLEXITY IN Rapeseed-0.31Rnk 652 / 1025
2022
Imports $1.78BWorld Rnk 2 / 122
Flag Rnk 83 / 1214
2022
Origin $559M Canada
2021 - 2022
FASTEST GROWING ORIGIN $559MAustralia
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $56.9k in Rapeseed, making it the 54th largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 1160th most exported product in Japan. The main destination of Rapeseed exports from Japan are: South Korea ($19.1k), China ($17.4k), United States ($7.39k), Vietnam ($6.72k), and United Kingdom ($3.54k).

The fastest growing export markets for Rapeseed of Japan between 2021 and 2022 were China ($17.4k), United States ($7.39k), and United Kingdom ($3.54k).

Imports In 2022, Japan imported $1.78B in Rapeseed, becoming the 2nd largest importer of Rapeseed in the world. At the same year, Rapeseed was the 83rd most imported product in Japan. Japan imports Rapeseed primarily from: Canada ($1.06B), Australia ($721M), China ($156k), Poland ($48.4k), and Italy ($43.1k).

The fastest growing import markets in Rapeseed for Japan between 2021 and 2022 were Australia ($559M), China ($51k), and Italy ($35.8k).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Rapeseed exports accounted up to ¥10.4M and imports accounted up to ¥14B, resulting in a negative trade balance of ¥13.9B. Between February 2023 and August 2024 the exports of Japan's   Rapeseed have increased by ¥9.23M (787%) from ¥1.17M to ¥10.4M, while imports increased by ¥21.4M (0.15%) from ¥13.9B to ¥14B.

Destinations In August 2024, Rapeseed were exported mostly to China (¥10.4M), and were imported mostly from Australia (¥11B), Canada (¥2.79B), United States (¥91.8M), Chile (¥38.4M), and Italy (¥5.12M).

Growth In August 2024, the increase in Rapeseed's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Rapeseed's year-by-year imports was explained primarily by an increase in imports from Canada (¥4.47B or 44.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - August 2024)¥9.23M(787%)
IMPORT GROWTH (August 2023 - August 2024)¥21.4M(0.15%)
MAIN EXPORTER (August 2024)Kanagawa¥10.4M
MAIN DESTINATION (August 2024)China¥10.4M

This section shows Rapeseed'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 Rapeseed over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$56.9k
IMPORTS (2022)$1.78B
NET TRADE (2022)-$1.78B

In 2022, Japan exported $56.9k in Rapeseed. The main destinations of Japan exports on Rapeseed were South Korea ($19.1k), China ($17.4k), United States ($7.39k), Vietnam ($6.72k), and United Kingdom ($3.54k).

In 2022, Japan imported $1.78B in Rapeseed, mainly from Canada ($1.06B), Australia ($721M), China ($156k), Poland ($48.4k), and Italy ($43.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed EXPORT MARKETS FOR Japan WERE (2021 - 2022):
China$17.4k (1%)
United States$7.39k (1%)
United Kingdom$3.54k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed BY Japan WERE (2021 - 2022):
Hong Kong-$11.1M (-100%)
Indonesia-$36.9k (-100%)
Philippines-$31.3k (-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 Rapeseed were:
Australia $5.3B
Canada $4.38B
Ukraine $1.55B
In 2022, Japan's main importing competitors in Rapeseed were:
Germany $3.9B
China $1.73B

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Trade Value of Rapeseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $51.2k
TOP IMPORT POTENTIALPoland+ $535k

Rapeseed’s highest export potential is China. With an export gap of $51.2k.   Rapeseed’s highest import potential is Poland with an import gap of $535k.

See methodology.

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