Essential Oils in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $10.1M in Essential Oils, making it the 44th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 768th most exported product in Japan. The main destination of Essential Oils exports from Japan are: China ($1.89M), Indonesia ($1.53M), Thailand ($1.45M), Singapore ($1.4M), and United States ($917k).

The fastest growing export markets for Essential Oils of Japan between 2021 and 2022 were Singapore ($545k), Indonesia ($402k), and Thailand ($338k).

Imports In 2022, Japan imported $159M in Essential Oils, becoming the 11th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 449th most imported product in Japan. Japan imports Essential Oils primarily from: United States ($55.6M), France ($21.9M), India ($16.7M), Germany ($10.2M), and Brazil ($8.16M).

The fastest growing import markets in Essential Oils for Japan between 2021 and 2022 were Brazil ($5.74M), United States ($5.01M), and Germany ($1.9M).

Latest Trends

February 2024

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Overview In February 2024 Japan's Essential Oils exports accounted up to ¥83.5M and imports accounted up to ¥1.7B, resulting in a negative trade balance of ¥1.61B. Between February 2023 and February 2024 the exports of Japan's Essential Oils have increased by ¥15.7M (23.1%) from ¥67.8M to ¥83.5M, while imports decreased by ¥-133M (-7.24%) from ¥1.83B to ¥1.7B.

Destinations In February 2024, Essential Oils were exported mostly to China (¥42.2M), United States (¥19.7M), Singapore (¥8.4M), Indonesia (¥3.04M), and Germany (¥2.22M), and were imported mostly from United States (¥615M), India (¥251M), Germany (¥201M), France (¥184M), and Italy (¥87.2M).

Growth In February 2024, the increase in Essential Oils's year-by-year exports was explained primarily by an increase in exports to Indonesia (¥5.3M or 788%), Thailand (¥2.16M or 428%), and Singapore (¥1.13M or 11.7%). In February 2024, the decrease in Essential Oils's year-by-year imports was explained primarily by a decrease in imports from Germany (¥-43.1M or -36%), Russia (¥-29.3M or -95.9%), and Italy (¥-24.4M or -23.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)¥15.7M(23.1%)

IMPORT GROWTH (February 2023 - February 2024)¥-133M(-7.24%)

MAIN EXPORTER (February 2024)Osaka¥42.9M

MAIN DESTINATION (February 2024)China¥42.2M

This section shows Essential Oils'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 Essential Oils over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$10.1M

IMPORTS (2022)$159M

NET TRADE (2022)-$149M

In 2022, Japan exported $10.1M in Essential Oils. The main destinations of Japan exports on Essential Oils were China ($1.89M), Indonesia ($1.53M), Thailand ($1.45M), Singapore ($1.4M), and United States ($917k).

In 2022, Japan imported $159M in Essential Oils, mainly from United States ($55.6M), France ($21.9M), India ($16.7M), Germany ($10.2M), and Brazil ($8.16M).

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