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2022
Exports $469MWorld Rnk 12 / 175
Flag Rnk 205 / 1213
2022
Destination $32.1M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $32.1MChina
2022
PRODUCT COMPLEXITY IN Processed Crustaceans-1.65Rnk 967 / 1025
2022
Imports $2.15BWorld Rnk 2 / 224
Flag Rnk 65 / 1214
2022
Origin $103M China
2021 - 2022
FASTEST GROWING ORIGIN $103MVietnam
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $469M in Processed Crustaceans, making it the 12th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 205th most exported product in Japan. The main destination of Processed Crustaceans exports from Japan are: Hong Kong ($190M), China ($113M), Chinese Taipei ($68.1M), United States ($36.5M), and Singapore ($19.2M).

The fastest growing export markets for Processed Crustaceans of Japan between 2021 and 2022 were China ($32.1M), Singapore ($2.85M), and Vietnam ($1.72M).

Imports In 2022, Japan imported $2.15B in Processed Crustaceans, becoming the 2nd largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 65th most imported product in Japan. Japan imports Processed Crustaceans primarily from: China ($749M), Vietnam ($427M), Thailand ($319M), Indonesia ($145M), and Chile ($120M).

The fastest growing import markets in Processed Crustaceans for Japan between 2021 and 2022 were Vietnam ($103M), Chile ($37M), and Thailand ($25.5M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (41) were at the forefront of shipping Processed Crustaceans from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Processed Crustaceans exports accounted up to ¥2.61B and imports accounted up to ¥15B, resulting in a negative trade balance of ¥12.4B. Between June 2023 and June 2024 the exports of Japan's   Processed Crustaceans have decreased by ¥-2.15B (-45.2%) from ¥4.76B to ¥2.61B, while imports decreased by ¥-1.97B (-11.6%) from ¥16.9B to ¥15B.

Destinations In June 2024, Processed Crustaceans were exported mostly to Hong Kong (¥1.36B), United States (¥426M), Chinese Taipei (¥275M), Angola (¥199M), and Vietnam (¥100M), and were imported mostly from China (¥5.83B), Vietnam (¥3.55B), Thailand (¥3.02B), Indonesia (¥1.23B), and South Korea (¥527M).

Growth In June 2024, the decrease in Processed Crustaceans's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (¥-997M or -41.4%), Chinese Taipei (¥-77.4M or -32%), and Singapore (¥-70.2M or -68.7%). In June 2024, the decrease in Processed Crustaceans's year-by-year imports was explained primarily by a decrease in imports from Indonesia (¥-128M or -9.29%), Thailand (¥-123M or -4.75%), and Chile (¥-37.4M or -44.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-2.15B(-45.2%)
IMPORT GROWTH (June 2023 - June 2024)¥-1.97B(-11.6%)
MAIN EXPORTER (June 2024)Hyōgo¥1.21B
MAIN DESTINATION (June 2024)Hong Kong¥1.36B

This section shows Processed Crustaceans'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 Processed Crustaceans over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$469M
IMPORTS (2022)$2.15B
NET TRADE (2022)-$1.68B

In 2022, Japan exported $469M in Processed Crustaceans. The main destinations of Japan exports on Processed Crustaceans were Hong Kong ($190M), China ($113M), Chinese Taipei ($68.1M), United States ($36.5M), and Singapore ($19.2M).

In 2022, Japan imported $2.15B in Processed Crustaceans, mainly from China ($749M), Vietnam ($427M), Thailand ($319M), Indonesia ($145M), and Chile ($120M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Japan WERE (2021 - 2022):
China$32.1M (39.7%)
Singapore$2.85M (17.4%)
Vietnam$1.72M (57.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Japan WERE (2021 - 2022):
Hong Kong-$44.3M (-18.9%)
United States-$38.8M (-51.5%)
Australia-$11.9M (-76.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
Indonesia $1.53B
In 2022, Japan's main importing competitors in Processed Crustaceans were:
United States $4.38B
China $1.76B

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.5M
TOP IMPORT POTENTIALIndonesia+ $29.3M

Processed Crustaceans’s highest export potential is United States. With an export gap of $12.5M.   Processed Crustaceans’s highest import potential is Indonesia with an import gap of $29.3M.

See methodology.

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