2022
Exports
$695MWorld Rnk 24 / 220
Flag Rnk 157 / 1213
2022
PRODUCT COMPLEXITY IN Plastic Lids
-0.17Rnk 606 / 1025
2022
Imports
$2.54BWorld Rnk 7 / 225
Flag Rnk 53 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $695M in Plastic Lids, making it the 24th largest exporter of Plastic Lids in the world. At the same year, Plastic Lids was the 157th most exported product in Japan. The main destination of Plastic Lids exports from Japan are: China ($130M), United States ($112M), Thailand ($62.9M), Chinese Taipei ($62M), and South Korea ($59.9M).

The fastest growing export markets for Plastic Lids of Japan between 2021 and 2022 were India ($1.46M), Cambodia ($1.46M), and Austria ($1.01M).

Imports In 2022, Japan imported $2.54B in Plastic Lids, becoming the 7th largest importer of Plastic Lids in the world. At the same year, Plastic Lids was the 53rd most imported product in Japan. Japan imports Plastic Lids primarily from: China ($1.03B), Thailand ($351M), Vietnam ($336M), South Korea ($171M), and Indonesia ($158M).

The fastest growing import markets in Plastic Lids for Japan between 2021 and 2022 were Vietnam ($57.3M), China ($43.6M), and Thailand ($41.4M).

COMPANIES In 2023, leading companies such as Toyota (476), CONTINENTAL AUTOMOTIVE SYSTEMS, INC (29), and DuPont (4) were at the forefront of shipping Plastic Lids from Japan to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥861M(15.6%)
IMPORT GROWTH (June 2023 - June 2024)¥326M(1.37%)
MAIN EXPORTER (June 2024)Tokyo¥1.23B
MAIN DESTINATION (June 2024)China¥1.44B

This section shows Plastic Lids'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 Plastic Lids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$695M
IMPORTS (2022)$2.54B
NET TRADE (2022)-$1.85B

In 2022, Japan exported $695M in Plastic Lids. The main destinations of Japan exports on Plastic Lids were China ($130M), United States ($112M), Thailand ($62.9M), Chinese Taipei ($62M), and South Korea ($59.9M).

In 2022, Japan imported $2.54B in Plastic Lids, mainly from China ($1.03B), Thailand ($351M), Vietnam ($336M), South Korea ($171M), and Indonesia ($158M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Lids EXPORT MARKETS FOR Japan WERE (2021 - 2022):
India$1.46M (44.8%)
Cambodia$1.46M (357%)
Austria$1.01M (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Lids BY Japan WERE (2021 - 2022):
China-$22M (-14.5%)
South Korea-$14.9M (-19.9%)
Thailand-$14.8M (-19%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Plastic Lids were:
In 2022, Japan's main importing competitors in Plastic Lids were:

Explore Visualizations

Trade Value of Plastic Lids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $51.8M
TOP IMPORT POTENTIALChina+ $142M

Plastic Lids’s highest export potential is United States. With an export gap of $51.8M.   Plastic Lids’s highest import potential is China with an import gap of $142M.

See methodology.

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