Coated Flat-Rolled Iron in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $3.17B in Coated Flat-Rolled Iron, making it the 5th largest exporter of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 54th most exported product in Japan. The main destination of Coated Flat-Rolled Iron exports from Japan are: Mexico ($447M), Philippines ($331M), China ($327M), Thailand ($318M), and United States ($225M).

The fastest growing export markets for Coated Flat-Rolled Iron of Japan between 2021 and 2022 were Philippines ($126M), Mexico ($77.1M), and United States ($76.3M).

Imports In 2022, Japan imported $1.02B in Coated Flat-Rolled Iron, becoming the 20th largest importer of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 138th most imported product in Japan. Japan imports Coated Flat-Rolled Iron primarily from: South Korea ($675M), China ($248M), Chinese Taipei ($81.3M), United States ($5.54M), and Belgium ($2.8M).

The fastest growing import markets in Coated Flat-Rolled Iron for Japan between 2021 and 2022 were South Korea ($105M), China ($34.2M), and Chinese Taipei ($8.38M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Coated Flat-Rolled Iron from Japan to the United States.

Latest Trends

January 2024

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Overview In January 2024 Japan's Coated Flat-Rolled Iron exports accounted up to ¥25.3B and imports accounted up to ¥14.3B, resulting in a positive trade balance of ¥11B. Between January 2023 and January 2024 the exports of Japan's Coated Flat-Rolled Iron have increased by ¥223M (0.89%) from ¥25.1B to ¥25.3B, while imports increased by ¥3.82B (36.4%) from ¥10.5B to ¥14.3B.

Destinations In January 2024, Coated Flat-Rolled Iron were exported mostly to Mexico (¥4.35B), Thailand (¥3.38B), China (¥2.83B), India (¥2.25B), and Philippines (¥2.01B), and were imported mostly from South Korea (¥9.7B), China (¥3.67B), Taiwan (¥770M), Brazil (¥81.9M), and United States (¥22.8M).

Growth In January 2024, the increase in Coated Flat-Rolled Iron's year-by-year exports was explained primarily by an increase in exports to China (¥1.24B or 73.1%), South Korea (¥1.14B or 160%), and Indonesia (¥605M or 52.4%). In January 2024, the increase in Coated Flat-Rolled Iron's year-by-year imports was explained primarily by an increase in imports from South Korea (¥481M or 7.09%), Taiwan (¥289M or 45.1%), and United States (¥99.1M or 359%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥223M(0.89%)

IMPORT GROWTH (January 2023 - January 2024)¥3.82B(36.4%)

MAIN EXPORTER (January 2024)Fukuoka¥6.64B

MAIN DESTINATION (January 2024)Mexico¥4.35B

This section shows Coated Flat-Rolled Iron'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 Coated Flat-Rolled Iron over time.

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