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2022
Exports $732MWorld Rnk 10 / 218
Flag Rnk 152 / 1213
2022
Destination $55.9M South Korea
2021 - 2022
FASTEST GROWING MARKET $55.9MSouth Korea
2022
PRODUCT COMPLEXITY IN Sports Equipment0.52Rnk 358 / 1025
2022
Imports $1.82BWorld Rnk 3 / 225
Flag Rnk 80 / 1214
2022
Origin $65.1M China
2021 - 2022
FASTEST GROWING ORIGIN $65.1MHong Kong
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $732M in Sports Equipment, making it the 10th largest exporter of Sports Equipment in the world. At the same year, Sports Equipment was the 152nd most exported product in Japan. The main destination of Sports Equipment exports from Japan are: South Korea ($375M), China ($92.7M), United States ($63.6M), Hong Kong ($24.2M), and Chinese Taipei ($23.8M).

The fastest growing export markets for Sports Equipment of Japan between 2021 and 2022 were South Korea ($55.9M), Vietnam ($7.61M), and China ($6.2M).

Imports In 2022, Japan imported $1.82B in Sports Equipment, becoming the 3rd largest importer of Sports Equipment in the world. At the same year, Sports Equipment was the 80th most imported product in Japan. Japan imports Sports Equipment primarily from: China ($1.06B), United States ($168M), Chinese Taipei ($167M), Vietnam ($101M), and Thailand ($85.3M).

The fastest growing import markets in Sports Equipment for Japan between 2021 and 2022 were Hong Kong ($65.1M), China ($50.7M), and Vietnam ($42.4M).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (87), General Motors (14), and John Deere (2) were at the forefront of shipping Sports Equipment from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Sports Equipment exports accounted up to ¥5.92B and imports accounted up to ¥15.7B, resulting in a negative trade balance of ¥9.78B. Between June 2023 and June 2024 the exports of Japan's   Sports Equipment have decreased by ¥-1.18B (-16.6%) from ¥7.1B to ¥5.92B, while imports increased by ¥124M (0.8%) from ¥15.6B to ¥15.7B.

Destinations In June 2024, Sports Equipment were exported mostly to South Korea (¥2.53B), China (¥691M), United States (¥652M), Chinese Taipei (¥310M), and Hong Kong (¥252M), and were imported mostly from China (¥8.29B), Chinese Taipei (¥1.74B), United States (¥1.35B), Thailand (¥1.2B), and Vietnam (¥1.1B).

Growth In June 2024, the decrease in Sports Equipment's year-by-year exports was explained primarily by a decrease in exports to Netherlands (¥-113M or -80.9%), Singapore (¥-81M or -44.2%), and Chinese Taipei (¥-79.5M or -40%). In June 2024, the increase in Sports Equipment's year-by-year imports was explained primarily by an increase in imports from China (¥2.16B or 17.8%), Vietnam (¥934M or 99.2%), and Chinese Taipei (¥853M or 36.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-1.18B(-16.6%)
IMPORT GROWTH (June 2023 - June 2024)¥124M(0.8%)
MAIN EXPORTER (June 2024)Tokyo¥3.08B
MAIN DESTINATION (June 2024)South Korea¥2.53B

This section shows Sports Equipment'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 Sports Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$732M
IMPORTS (2022)$1.82B
NET TRADE (2022)-$1.08B

In 2022, Japan exported $732M in Sports Equipment. The main destinations of Japan exports on Sports Equipment were South Korea ($375M), China ($92.7M), United States ($63.6M), Hong Kong ($24.2M), and Chinese Taipei ($23.8M).

In 2022, Japan imported $1.82B in Sports Equipment, mainly from China ($1.06B), United States ($168M), Chinese Taipei ($167M), Vietnam ($101M), and Thailand ($85.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sports Equipment EXPORT MARKETS FOR Japan WERE (2021 - 2022):
South Korea$55.9M (17.5%)
Vietnam$7.61M (54.8%)
China$6.2M (7.16%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sports Equipment BY Japan WERE (2021 - 2022):
Hong Kong-$4.12M (-14.5%)
Singapore-$1.38M (-6.36%)
Australia-$1.06M (-10.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Sports Equipment were:
China $19.4B
Chinese Taipei $2.49B
United States $2.17B
In 2022, Japan's main importing competitors in Sports Equipment were:
United States $10.3B
Germany $2.55B

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Trade Value of Sports Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $45.7M
TOP IMPORT POTENTIALChina+ $158M

Sports Equipment’s highest export potential is United States. With an export gap of $45.7M.   Sports Equipment’s highest import potential is China with an import gap of $158M.

See methodology.

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