Looms in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $358M in Looms, making it the 3rd largest exporter of Looms in the world. At the same year, Looms was the 250th most exported product in Japan. The main destination of Looms exports from Japan are: China ($138M), India ($126M), Indonesia ($26.4M), Pakistan ($18.3M), and Bangladesh ($8.24M).

The fastest growing export markets for Looms of Japan between 2021 and 2022 were India ($69.8M), Indonesia ($23.3M), and Chinese Taipei ($5.67M).

Imports In 2022, Japan imported $8.81M in Looms, becoming the 27th largest importer of Looms in the world. At the same year, Looms was the 1000th most imported product in Japan. Japan imports Looms primarily from: Italy ($5.01M), Germany ($1.61M), Switzerland ($751k), China ($577k), and Thailand ($234k).

The fastest growing import markets in Looms for Japan between 2021 and 2022 were Italy ($2.22M), Germany ($722k), and China ($309k).

Latest Trends

February 2024

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Overview In February 2024 Japan's Looms exports accounted up to ¥5.8B and imports accounted up to ¥11M, resulting in a positive trade balance of ¥5.79B. Between February 2023 and February 2024 the exports of Japan's Looms have increased by ¥2.7B (87.4%) from ¥3.09B to ¥5.8B, while imports decreased by ¥-95.3M (-89.6%) from ¥106M to ¥11M.

Destinations In February 2024, Looms were exported mostly to China (¥2.48B), India (¥2.33B), Indonesia (¥252M), Brazil (¥203M), and Pakistan (¥169M), and were imported mostly from Italy (¥10.2M), New Zealand (¥550k), and Finland (¥274k).

Growth In February 2024, the increase in Looms's year-by-year exports was explained primarily by an increase in exports to China (¥864M or 139%), India (¥304M or 61.6%), and Bangladesh (¥37.3M or 19.4%). In February 2024, the decrease in Looms's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (¥-6.29M or -79.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)¥2.7B(87.4%)

IMPORT GROWTH (February 2023 - February 2024)¥-95.3M(-89.6%)

MAIN EXPORTER (February 2024)Aichi¥3.52B

MAIN DESTINATION (February 2024)China¥2.48B

This section shows Looms'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 Looms over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$358M

IMPORTS (2022)$8.81M

NET TRADE (2022)$349M

In 2022, Japan exported $358M in Looms. The main destinations of Japan exports on Looms were China ($138M), India ($126M), Indonesia ($26.4M), Pakistan ($18.3M), and Bangladesh ($8.24M).

In 2022, Japan imported $8.81M in Looms, mainly from Italy ($5.01M), Germany ($1.61M), Switzerland ($751k), China ($577k), and Thailand ($234k).

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