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2022
Exports $2.55MWorld Rnk 72 / 190
Flag Rnk 933 / 1213
2022
Destination $78.1k Malaysia
2021 - 2022
FASTEST GROWING MARKET $78.1kUnited States
2022
PRODUCT COMPLEXITY IN Knit Men's Undergarments-1.37Rnk 926 / 1025
2022
Imports $457MWorld Rnk 4 / 217
Flag Rnk 244 / 1214
2022
Origin $9.54M China
2021 - 2022
FASTEST GROWING ORIGIN $9.54MThailand
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $2.55M in Knit Men's Undergarments, making it the 72nd largest exporter of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 933rd most exported product in Japan. The main destination of Knit Men's Undergarments exports from Japan are: Malaysia ($1.19M), United States ($271k), China ($227k), Chinese Taipei ($222k), and Hong Kong ($129k).

The fastest growing export markets for Knit Men's Undergarments of Japan between 2021 and 2022 were United States ($78.1k), United Arab Emirates ($37.8k), and Germany ($19.6k).

Imports In 2022, Japan imported $457M in Knit Men's Undergarments, becoming the 4th largest importer of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 244th most imported product in Japan. Japan imports Knit Men's Undergarments primarily from: China ($270M), Vietnam ($62.6M), Cambodia ($44.5M), Thailand ($24.4M), and Bangladesh ($20.6M).

The fastest growing import markets in Knit Men's Undergarments for Japan between 2021 and 2022 were Thailand ($9.54M), Cambodia ($7.16M), and Vietnam ($5.66M).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Knit Men's Undergarments exports accounted up to ¥16.2M and imports accounted up to ¥3.62B, resulting in a negative trade balance of ¥3.61B. Between June 2023 and June 2024 the exports of Japan's   Knit Men's Undergarments have increased by ¥3.55M (28%) from ¥12.7M to ¥16.2M, while imports decreased by ¥-81.4M (-2.2%) from ¥3.7B to ¥3.62B.

Destinations In June 2024, Knit Men's Undergarments were exported mostly to United States (¥8.58M), China (¥2.39M), Malaysia (¥2.08M), Chinese Taipei (¥1.72M), and Hong Kong (¥507k), and were imported mostly from China (¥1.37B), Vietnam (¥981M), Cambodia (¥374M), Bangladesh (¥309M), and Thailand (¥220M).

Growth In June 2024, the increase in Knit Men's Undergarments's year-by-year exports was explained primarily by an increase in exports to Singapore (¥948k or 130%), China (¥396k or 86.1%), and Hong Kong (¥277k or 23.4%). In June 2024, the decrease in Knit Men's Undergarments's year-by-year imports was explained primarily by a decrease in imports from India (¥-114M or -56.7%), China (¥-55.8M or -2.31%), and Cambodia (¥-26.7M or -9.46%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥3.55M(28%)
IMPORT GROWTH (June 2023 - June 2024)¥-81.4M(-2.2%)
MAIN EXPORTER (June 2024)Hyōgo¥32.9M
MAIN DESTINATION (June 2024)United States¥8.58M

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.55M
IMPORTS (2022)$457M
NET TRADE (2022)-$454M

In 2022, Japan exported $2.55M in Knit Men's Undergarments. The main destinations of Japan exports on Knit Men's Undergarments were Malaysia ($1.19M), United States ($271k), China ($227k), Chinese Taipei ($222k), and Hong Kong ($129k).

In 2022, Japan imported $457M in Knit Men's Undergarments, mainly from China ($270M), Vietnam ($62.6M), Cambodia ($44.5M), Thailand ($24.4M), and Bangladesh ($20.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Undergarments EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$78.1k (40.5%)
United Arab Emirates$37.8k (335%)
Germany$19.6k (21.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Undergarments BY Japan WERE (2021 - 2022):
Malaysia-$238k (-16.7%)
Chinese Taipei-$134k (-37.8%)
Hong Kong-$93.9k (-42.1%)
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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 Undergarments were:
China $3.23B
Bangladesh $1.2B
Vietnam $715M
In 2022, Japan's main importing competitors in Knit Men's Undergarments were:
United States $2.31B
Germany $772M
United Kingdom $503M

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Trade Value of Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $415k
TOP IMPORT POTENTIALBangladesh+ $20.6M

Knit Men's Undergarments’s highest export potential is United States. With an export gap of $415k.   Knit Men's Undergarments’s highest import potential is Bangladesh with an import gap of $20.6M.

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