Seed Oils in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $676k in Seed Oils, making it the 86th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 1064th most exported product in Japan. The main destination of Seed Oils exports from Japan are: Thailand ($151k), China ($142k), Singapore ($132k), France ($81.4k), and United States ($67.2k).

The fastest growing export markets for Seed Oils of Japan between 2021 and 2022 were Singapore ($59.8k), France ($37.6k), and Thailand ($29.4k).

Imports In 2022, Japan imported $41M in Seed Oils, becoming the 70th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 773rd most imported product in Japan. Japan imports Seed Oils primarily from: Spain ($8.77M), Russia ($6.45M), United States ($5.35M), Turkey ($4.59M), and Malaysia ($3.85M).

The fastest growing import markets in Seed Oils for Japan between 2021 and 2022 were Spain ($2.57M), Belgium ($1.55M), and Hungary ($1.26M).

Latest Trends

February 2024

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Overview In February 2024 Japan's Seed Oils exports accounted up to ¥3.56M and imports accounted up to ¥314M, resulting in a negative trade balance of ¥311M. Between February 2023 and February 2024 the exports of Japan's Seed Oils have decreased by ¥-2.97M (-45.5%) from ¥6.53M to ¥3.56M, while imports decreased by ¥-579M (-64.8%) from ¥894M to ¥314M.

Destinations In February 2024, Seed Oils were exported mostly to Thailand (¥1.75M), Singapore (¥906k), Hong Kong (¥536k), and Macau (¥365k), and were imported mostly from Mexico (¥87.6M), Turkey (¥84.1M), Spain (¥56.1M), Hungary (¥53.3M), and Italy (¥14.7M).

Growth In February 2024, the decrease in Seed Oils's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the decrease in Seed Oils's year-by-year imports was explained primarily by a decrease in imports from United States (¥-272M or -99.4%), France (¥-152M or -99.3%), and Turkey (¥-31.1M or -58.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)¥-2.97M(-45.5%)

IMPORT GROWTH (February 2023 - February 2024)¥-579M(-64.8%)

MAIN EXPORTER (February 2024)Kanagawa¥2.12M

MAIN DESTINATION (February 2024)Thailand¥1.75M

This section shows Seed 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 Seed Oils over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$676k

IMPORTS (2022)$41M

NET TRADE (2022)-$40.3M

In 2022, Japan exported $676k in Seed Oils. The main destinations of Japan exports on Seed Oils were Thailand ($151k), China ($142k), Singapore ($132k), France ($81.4k), and United States ($67.2k).

In 2022, Japan imported $41M in Seed Oils, mainly from Spain ($8.77M), Russia ($6.45M), United States ($5.35M), Turkey ($4.59M), and Malaysia ($3.85M).

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