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2022
Exports $156MWorld Rnk 19 / 157
Flag Rnk 363 / 1213
2022
Destination $5.59M Belgium
2021 - 2022
FASTEST GROWING MARKET $5.59MChinese Taipei
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments0.61Rnk 312 / 1025
2022
Imports $234MWorld Rnk 13 / 215
Flag Rnk 364 / 1214
2022
Origin $10.2M Norway
2021 - 2022
FASTEST GROWING ORIGIN $10.2MNorway
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $156M in Unpackaged Medicaments, making it the 19th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 363rd most exported product in Japan. The main destination of Unpackaged Medicaments exports from Japan are: Belgium ($30.4M), China ($28.9M), Ireland ($19.6M), Italy ($18.4M), and United States ($15M).

The fastest growing export markets for Unpackaged Medicaments of Japan between 2021 and 2022 were Chinese Taipei ($5.59M), Czechia ($4.21M), and United States ($4.19M).

Imports In 2022, Japan imported $234M in Unpackaged Medicaments, becoming the 13th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 364th most imported product in Japan. Japan imports Unpackaged Medicaments primarily from: Norway ($51.6M), China ($45.7M), Singapore ($37.9M), United States ($18.1M), and Netherlands ($13.9M).

The fastest growing import markets in Unpackaged Medicaments for Japan between 2021 and 2022 were Norway ($10.2M), South Korea ($3.24M), and Ireland ($2.18M).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Unpackaged Medicaments exports accounted up to ¥2.34B and imports accounted up to ¥4.64B, resulting in a negative trade balance of ¥2.31B. Between June 2023 and June 2024 the exports of Japan's   Unpackaged Medicaments have increased by ¥561M (31.6%) from ¥1.78B to ¥2.34B, while imports increased by ¥548M (13.4%) from ¥4.1B to ¥4.64B.

Destinations In June 2024, Unpackaged Medicaments were exported mostly to Ireland (¥501M), China (¥440M), Belgium (¥420M), Italy (¥364M), and Chinese Taipei (¥286M), and were imported mostly from China (¥2.77B), Norway (¥595M), South Korea (¥378M), Germany (¥355M), and United States (¥254M).

Growth In June 2024, the increase in Unpackaged Medicaments's year-by-year exports was explained primarily by an increase in exports to Ireland (¥325M or 895%), Singapore (¥22M or 71.4%), and Bulgaria (¥13.2M or 72.8%). In June 2024, the increase in Unpackaged Medicaments's year-by-year imports was explained primarily by an increase in imports from Denmark (¥56.9M or 532%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥561M(31.6%)
IMPORT GROWTH (June 2023 - June 2024)¥548M(13.4%)
MAIN EXPORTER (June 2024)Osaka¥1.5B
MAIN DESTINATION (June 2024)Ireland¥501M

This section shows Unpackaged Medicaments'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 Unpackaged Medicaments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$156M
IMPORTS (2022)$234M
NET TRADE (2022)-$77.4M

In 2022, Japan exported $156M in Unpackaged Medicaments. The main destinations of Japan exports on Unpackaged Medicaments were Belgium ($30.4M), China ($28.9M), Ireland ($19.6M), Italy ($18.4M), and United States ($15M).

In 2022, Japan imported $234M in Unpackaged Medicaments, mainly from Norway ($51.6M), China ($45.7M), Singapore ($37.9M), United States ($18.1M), and Netherlands ($13.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Chinese Taipei$5.59M (487%)
Czechia$4.21M (119k%)
United States$4.19M (38.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Japan WERE (2021 - 2022):
China-$23M (-44.3%)
Italy-$8.4M (-31.3%)
Switzerland-$5.58M (-40.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Unpackaged Medicaments were:
United States $1.31B
Israel $1.25B
China $1.05B
In 2022, Japan's main importing competitors in Unpackaged Medicaments were:
United States $1.37B
United Kingdom $1.35B
Germany $971M

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.08M
TOP IMPORT POTENTIALChina+ $8.93M

Unpackaged Medicaments’s highest export potential is United States. With an export gap of $8.08M.   Unpackaged Medicaments’s highest import potential is China with an import gap of $8.93M.

See methodology.

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