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2022
Exports $7.66MWorld Rnk 54 / 153
Flag Rnk 809 / 1213
2022
Destination $424k United States
2021 - 2022
FASTEST GROWING MARKET $424kNetherlands
2022
PRODUCT COMPLEXITY IN Other Vegetable Oils-1.26Rnk 899 / 1025
2022
Imports $107MWorld Rnk 17 / 214
Flag Rnk 549 / 1214
2022
Origin $15.5M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $15.5MMalaysia
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $7.66M in Other Vegetable Oils, making it the 54th largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 809th most exported product in Japan. The main destination of Other Vegetable Oils exports from Japan are: United States ($2.76M), China ($2.09M), Chinese Taipei ($544k), Netherlands ($424k), and South Korea ($377k).

The fastest growing export markets for Other Vegetable Oils of Japan between 2021 and 2022 were Netherlands ($424k), Chinese Taipei ($157k), and Vietnam ($98k).

Imports In 2018, Japan imported $107M in Other Vegetable Oils, becoming the 17th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 549th most imported product in Japan. Japan imports Other Vegetable Oils primarily from: Malaysia ($41.2M), Indonesia ($15.9M), India ($14.4M), Spain ($12M), and China ($8.1M).

The fastest growing import markets in Other Vegetable Oils for Japan between 2021 and 2022 were Malaysia ($15.5M), Indonesia ($8.44M), and Spain ($4.93M).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Other Vegetable Oils exports accounted up to ¥213M and imports accounted up to ¥928M, resulting in a negative trade balance of ¥715M. Between June 2023 and June 2024 the exports of Japan's   Other Vegetable Oils have increased by ¥67.5M (46.4%) from ¥145M to ¥213M, while imports decreased by ¥-155M (-14.3%) from ¥1.08B to ¥928M.

Destinations In June 2024, Other Vegetable Oils were exported mostly to United States (¥68.7M), China (¥64.9M), United Kingdom (¥38.8M), France (¥12.7M), and South Korea (¥7.85M), and were imported mostly from China (¥336M), Chile (¥250M), Malaysia (¥125M), India (¥96.7M), and Thailand (¥43.1M).

Growth In June 2024, the increase in Other Vegetable Oils's year-by-year exports was explained primarily by an increase in exports to United States (¥48.4M or 403%), China (¥6.51M or 960%), and Thailand (¥4.42M or 343%). In June 2024, the decrease in Other Vegetable Oils's year-by-year imports was explained primarily by a decrease in imports from India (¥-62.1M or -43.7%), Germany (¥-43.4M or -86.9%), and Malaysia (¥-40.8M or -16.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥67.5M(46.4%)
IMPORT GROWTH (June 2023 - June 2024)¥-155M(-14.3%)
MAIN EXPORTER (June 2024)Tokyo¥129M
MAIN DESTINATION (June 2024)United States¥68.7M

This section shows Other Vegetable Oils'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 Other Vegetable Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.66M
IMPORTS (2022)$107M
NET TRADE (2022)-$99.5M

In 2022, Japan exported $7.66M in Other Vegetable Oils. The main destinations of Japan exports on Other Vegetable Oils were United States ($2.76M), China ($2.09M), Chinese Taipei ($544k), Netherlands ($424k), and South Korea ($377k).

In 2022, Japan imported $107M in Other Vegetable Oils, mainly from Malaysia ($41.2M), Indonesia ($15.9M), India ($14.4M), Spain ($12M), and China ($8.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Netherlands$424k (1%)
Chinese Taipei$157k (40.6%)
Vietnam$98k (39%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Japan WERE (2021 - 2022):
Singapore-$2.66M (-99.4%)
China-$353k (-14.4%)
United States-$142k (-4.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Other Vegetable Oils were:
Malaysia $1.66B
Indonesia $1.52B
Netherlands $424M
In 2022, Japan's main importing competitors in Other Vegetable Oils were:
China $786M
Netherlands $515M
United States $325M

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.64M
TOP IMPORT POTENTIALIndonesia+ $7.94M

Other Vegetable Oils’s highest export potential is China. With an export gap of $1.64M.   Other Vegetable Oils’s highest import potential is Indonesia with an import gap of $7.94M.

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