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2022
Exports $9.71MWorld Rnk 59 / 200
Flag Rnk 778 / 1213
2022
Destination $285k China
2021 - 2022
FASTEST GROWING MARKET $285kSouth Korea
2022
PRODUCT COMPLEXITY IN Knit Men's Shirts-1.58Rnk 957 / 1025
2022
Imports $382MWorld Rnk 6 / 222
Flag Rnk 274 / 1214
2022
Origin $28.1M China
2021 - 2022
FASTEST GROWING ORIGIN $28.1MVietnam
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $9.71M in Knit Men's Shirts, making it the 59th largest exporter of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 778th most exported product in Japan. The main destination of Knit Men's Shirts exports from Japan are: China ($1.67M), Chinese Taipei ($1.57M), United Kingdom ($1.44M), South Korea ($1.16M), and Hong Kong ($1.12M).

The fastest growing export markets for Knit Men's Shirts of Japan between 2021 and 2022 were South Korea ($285k), China ($222k), and United Kingdom ($217k).

Imports In 2022, Japan imported $382M in Knit Men's Shirts, becoming the 6th largest importer of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 274th most imported product in Japan. Japan imports Knit Men's Shirts primarily from: China ($180M), Vietnam ($106M), Burma ($29.3M), Indonesia ($15.4M), and Bangladesh ($11.1M).

The fastest growing import markets in Knit Men's Shirts for Japan between 2021 and 2022 were Vietnam ($28.1M), China ($17.2M), and Burma ($3.86M).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Knit Men's Shirts exports accounted up to ¥135M and imports accounted up to ¥5.41B, resulting in a negative trade balance of ¥5.27B. Between June 2023 and June 2024 the exports of Japan's   Knit Men's Shirts have increased by ¥31.7M (30.7%) from ¥103M to ¥135M, while imports increased by ¥343M (6.78%) from ¥5.06B to ¥5.41B.

Destinations In June 2024, Knit Men's Shirts were exported mostly to Switzerland (¥27.4M), South Korea (¥20.6M), United States (¥19.6M), Malaysia (¥12.5M), and Chinese Taipei (¥11.9M), and were imported mostly from China (¥2.63B), Vietnam (¥1.76B), Burma (¥196M), Indonesia (¥132M), and Bangladesh (¥128M).

Growth In June 2024, the increase in Knit Men's Shirts's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei (¥28M or 1.69k%), South Korea (¥25.4M or 208%), and United States (¥7.25M or 576%). In June 2024, the increase in Knit Men's Shirts's year-by-year imports was explained primarily by an increase in imports from Vietnam (¥1.22B or 111%), Cambodia (¥218M or 236%), and Burma (¥206M or 74.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥31.7M(30.7%)
IMPORT GROWTH (June 2023 - June 2024)¥343M(6.78%)
MAIN EXPORTER (June 2024)Chiba¥100M
MAIN DESTINATION (June 2024)Switzerland¥27.4M

This section shows Knit Men's Shirts'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 Knit Men's Shirts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.71M
IMPORTS (2022)$382M
NET TRADE (2022)-$373M

In 2022, Japan exported $9.71M in Knit Men's Shirts. The main destinations of Japan exports on Knit Men's Shirts were China ($1.67M), Chinese Taipei ($1.57M), United Kingdom ($1.44M), South Korea ($1.16M), and Hong Kong ($1.12M).

In 2022, Japan imported $382M in Knit Men's Shirts, mainly from China ($180M), Vietnam ($106M), Burma ($29.3M), Indonesia ($15.4M), and Bangladesh ($11.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Shirts EXPORT MARKETS FOR Japan WERE (2021 - 2022):
South Korea$285k (32.6%)
China$222k (15.3%)
United Kingdom$217k (17.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Shirts BY Japan WERE (2021 - 2022):
Chinese Taipei-$527k (-25.1%)
Malaysia-$116k (-71.8%)
Vietnam-$106k (-97.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Knit Men's Shirts were:
Bangladesh $1.44B
China $1.42B
Vietnam $920M
In 2022, Japan's main importing competitors in Knit Men's Shirts were:
United States $2.7B
Germany $804M
United Kingdom $512M

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Trade Value of Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.29M
TOP IMPORT POTENTIALBangladesh+ $15.5M

Knit Men's Shirts’s highest export potential is United States. With an export gap of $1.29M.   Knit Men's Shirts’s highest import potential is Bangladesh with an import gap of $15.5M.

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