Carboxylic Acids in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $325M in Carboxylic Acids, making it the 11th largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 258th most exported product in Japan. The main destination of Carboxylic Acids exports from Japan are: South Korea ($89M), United States ($57.7M), China ($27.6M), Germany ($23.8M), and Chinese Taipei ($14.6M).

The fastest growing export markets for Carboxylic Acids of Japan between 2021 and 2022 were United Kingdom ($3.4M), Switzerland ($3.25M), and United States ($2.46M).

Imports In 2022, Japan imported $577M in Carboxylic Acids, becoming the 4th largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 211th most imported product in Japan. Japan imports Carboxylic Acids primarily from: China ($319M), South Korea ($52.4M), Germany ($37.8M), United States ($24.8M), and Italy ($22M).

The fastest growing import markets in Carboxylic Acids for Japan between 2021 and 2022 were China ($85.5M), Germany ($7.7M), and Thailand ($6.27M).

COMPANIES In 2023, leading companies such as GIVAUDAN FRAGRANCES CORPORATION (12) and YOKOHAMA INDUSTRIES AMERICAS INC. (1) were at the forefront of shipping Carboxylic Acids from Japan to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Japan's Carboxylic Acids exports accounted up to ¥3.27B and imports accounted up to ¥4.56B, resulting in a negative trade balance of ¥1.28B. Between February 2023 and February 2024 the exports of Japan's Carboxylic Acids have increased by ¥10.4M (0.32%) from ¥3.26B to ¥3.27B, while imports decreased by ¥-181M (-3.82%) from ¥4.74B to ¥4.56B.

Destinations In February 2024, Carboxylic Acids were exported mostly to South Korea (¥1.2B), China (¥319M), United States (¥291M), Netherlands (¥286M), and Chinese Taipei (¥176M), and were imported mostly from China (¥1.9B), South Korea (¥762M), Germany (¥251M), Thailand (¥227M), and Chinese Taipei (¥227M).

Growth In February 2024, the increase in Carboxylic Acids's year-by-year exports was explained primarily by an increase in exports to Switzerland (¥28.2M or 36.6%), France (¥27.9M or 124%), and Singapore (¥27.1M or 44.6%). In February 2024, the decrease in Carboxylic Acids's year-by-year imports was explained primarily by a decrease in imports from New Zealand (¥-385M or -99.7%), Hungary (¥-54.3M or -99.3%), and Switzerland (¥-15.8M or -26.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)¥10.4M(0.32%)

IMPORT GROWTH (February 2023 - February 2024)¥-181M(-3.82%)

MAIN EXPORTER (February 2024)Hyōgo¥883M

MAIN DESTINATION (February 2024)South Korea¥1.2B

This section shows Carboxylic Acids'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 Carboxylic Acids over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$325M

IMPORTS (2022)$577M

NET TRADE (2022)-$251M

In 2022, Japan exported $325M in Carboxylic Acids. The main destinations of Japan exports on Carboxylic Acids were South Korea ($89M), United States ($57.7M), China ($27.6M), Germany ($23.8M), and Chinese Taipei ($14.6M).

In 2022, Japan imported $577M in Carboxylic Acids, mainly from China ($319M), South Korea ($52.4M), Germany ($37.8M), United States ($24.8M), and Italy ($22M).

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