2022
Exports
$785kWorld Rnk 75 / 124
Flag Rnk 1051 / 1213
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.24Rnk 894 / 1025
2022
Imports
$792MWorld Rnk 13 / 174
Flag Rnk 162 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $785k in Soybean Meal, making it the 75th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 1051st most exported product in Japan. The main destination of Soybean Meal exports from Japan are: Chinese Taipei ($420k), Switzerland ($102k), China ($76.5k), Thailand ($54.4k), and Malaysia ($43.2k).

The fastest growing export markets for Soybean Meal of Japan between 2021 and 2022 were Chinese Taipei ($103k), Switzerland ($42.6k), and Poland ($19.3k).

Imports In 2022, Japan imported $792M in Soybean Meal, becoming the 13th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 162nd most imported product in Japan. Japan imports Soybean Meal primarily from: Brazil ($335M), China ($161M), United States ($131M), Argentina ($50M), and India ($48.6M).

The fastest growing import markets in Soybean Meal for Japan between 2021 and 2022 were Brazil ($172M), United States ($62.9M), and Argentina ($21.8M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (12) were at the forefront of shipping Soybean Meal from Japan to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)¥-881k(-11.4%)
IMPORT GROWTH (June 2023 - June 2024)¥-4.93B(-34.3%)
MAIN EXPORTER (June 2024)Shizuoka¥7.88M
MAIN DESTINATION (June 2024)Chinese Taipei¥3.7M

This section shows Soybean Meal'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 Soybean Meal over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$785k
IMPORTS (2022)$792M
NET TRADE (2022)-$791M

In 2022, Japan exported $785k in Soybean Meal. The main destinations of Japan exports on Soybean Meal were Chinese Taipei ($420k), Switzerland ($102k), China ($76.5k), Thailand ($54.4k), and Malaysia ($43.2k).

In 2022, Japan imported $792M in Soybean Meal, mainly from Brazil ($335M), China ($161M), United States ($131M), Argentina ($50M), and India ($48.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Chinese Taipei$103k (32.5%)
Switzerland$42.6k (72%)
Poland$19.3k (91.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Japan WERE (2021 - 2022):
United States-$141k (-100%)
Hong Kong-$107k (-76%)
Russia-$64.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $73.1k
TOP IMPORT POTENTIALArgentina+ $31.5M

Soybean Meal’s highest export potential is Thailand. With an export gap of $73.1k.   Soybean Meal’s highest import potential is Argentina with an import gap of $31.5M.

See methodology.

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