Overview In June 2024 Japan's Tungsten (wolfram): waste and scrap exports accounted up to ¥567M and imports accounted up to ¥207M, resulting in a positive trade balance of ¥361M. Between June 2023 and June 2024 the exports of Japan's Tungsten (wolfram): waste and scrap have increased by ¥414M (270%) from ¥153M to ¥567M, while imports decreased by ¥-35.2M (-14.6%) from ¥242M to ¥207M.
Destinations In June 2024, Tungsten (wolfram): waste and scrap were exported mostly to South Korea (¥199M), Germany (¥166M), China (¥121M), Philippines (¥76.3M), and Netherlands (¥4.07M), and were imported mostly from China (¥139M), Germany (¥30.9M), Spain (¥20.1M), Philippines (¥7.13M), and South Korea (¥4.24M).
Growth In June 2024, the increase in Tungsten (wolfram): waste and scrap's year-by-year exports was explained primarily by an increase in exports to Germany (¥67.4M or 475%). In June 2024, the decrease in Tungsten (wolfram): waste and scrap's year-by-year imports was explained primarily by a decrease in imports from China (¥-52.6M or -52.1%), Chinese Taipei (¥-27.7M or -40.3%), and South Korea (¥-1.59M or -10.9%).