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2022
Exports $44MWorld Rnk 8 / 153
Flag Rnk 564 / 1213
2022
Destination $11.1M China
2021 - 2022
FASTEST GROWING MARKET $11.1MChina
2022
PRODUCT COMPLEXITY IN Pharmaceutical Rubber Products0.19Rnk 491 / 1025
2022
Imports $20.6MWorld Rnk 21 / 215
Flag Rnk 890 / 1214
2022
Origin $1.41M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $1.41MThailand
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $44M in Pharmaceutical Rubber Products, making it the 8th largest exporter of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 564th most exported product in Japan. The main destination of Pharmaceutical Rubber Products exports from Japan are: China ($23.9M), United States ($6.08M), Hong Kong ($3.2M), South Korea ($1.57M), and Thailand ($1.36M).

The fastest growing export markets for Pharmaceutical Rubber Products of Japan between 2021 and 2022 were China ($11.1M), United States ($1.69M), and Cambodia ($385k).

Imports In 2022, Japan imported $20.6M in Pharmaceutical Rubber Products, becoming the 21st largest importer of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 890th most imported product in Japan. Japan imports Pharmaceutical Rubber Products primarily from: Thailand ($9.83M), China ($5.24M), Malaysia ($2.45M), United States ($1.03M), and South Korea ($914k).

The fastest growing import markets in Pharmaceutical Rubber Products for Japan between 2021 and 2022 were Thailand ($1.41M), United States ($614k), and South Korea ($487k).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Pharmaceutical Rubber Products exports accounted up to ¥534M and imports accounted up to ¥234M, resulting in a positive trade balance of ¥300M. Between June 2023 and June 2024 the exports of Japan's   Pharmaceutical Rubber Products have increased by ¥10.6M (2.02%) from ¥523M to ¥534M, while imports decreased by ¥-33.1M (-12.4%) from ¥268M to ¥234M.

Destinations In June 2024, Pharmaceutical Rubber Products were exported mostly to China (¥309M), United States (¥88.8M), Germany (¥30.2M), South Korea (¥19.6M), and Malaysia (¥15.1M), and were imported mostly from Thailand (¥163M), China (¥31.1M), Malaysia (¥15.6M), South Korea (¥15M), and Sri Lanka (¥4.63M).

Growth In June 2024, the increase in Pharmaceutical Rubber Products's year-by-year exports was explained primarily by an increase in exports to China (¥142M or 156%), United States (¥43.4M or 100%), and South Korea (¥13.2M or 112%). In June 2024, the decrease in Pharmaceutical Rubber Products's year-by-year imports was explained primarily by a decrease in imports from United States (¥-20.1M or -96.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥10.6M(2.02%)
IMPORT GROWTH (June 2023 - June 2024)¥-33.1M(-12.4%)
MAIN EXPORTER (June 2024)Tokyo¥357M
MAIN DESTINATION (June 2024)China¥309M

This section shows Pharmaceutical Rubber Products'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 Pharmaceutical Rubber Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$44M
IMPORTS (2022)$20.6M
NET TRADE (2022)$23.4M

In 2022, Japan exported $44M in Pharmaceutical Rubber Products. The main destinations of Japan exports on Pharmaceutical Rubber Products were China ($23.9M), United States ($6.08M), Hong Kong ($3.2M), South Korea ($1.57M), and Thailand ($1.36M).

In 2022, Japan imported $20.6M in Pharmaceutical Rubber Products, mainly from Thailand ($9.83M), China ($5.24M), Malaysia ($2.45M), United States ($1.03M), and South Korea ($914k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Rubber Products EXPORT MARKETS FOR Japan WERE (2021 - 2022):
China$11.1M (87%)
United States$1.69M (38.4%)
Cambodia$385k (648%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Rubber Products BY Japan WERE (2021 - 2022):
Hong Kong-$16.5M (-83.8%)
Chinese Taipei-$1.07M (-67.8%)
Germany-$738k (-62.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Pharmaceutical Rubber Products were:
Thailand $317M
China $246M
Malaysia $121M
In 2022, Japan's main importing competitors in Pharmaceutical Rubber Products were:
China $110M
United States $92.6M
Germany $82.3M

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Trade Value of Pharmaceutical Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $576k
TOP IMPORT POTENTIALChina+ $2.18M

Pharmaceutical Rubber Products’s highest export potential is United States. With an export gap of $576k.   Pharmaceutical Rubber Products’s highest import potential is China with an import gap of $2.18M.

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