Reaction and Catalytic Products in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $2.04B in Reaction and Catalytic Products, making it the 5th largest exporter of Reaction and Catalytic Products in the world. At the same year, Reaction and Catalytic Products was the 74th most exported product in Japan. The main destination of Reaction and Catalytic Products exports from Japan are: China ($330M), Chinese Taipei ($289M), United States ($259M), South Korea ($258M), and Thailand ($242M).

The fastest growing export markets for Reaction and Catalytic Products of Japan between 2021 and 2022 were China ($47.5M), South Korea ($42.4M), and United States ($36.9M).

Imports In 2022, Japan imported $1.06B in Reaction and Catalytic Products, becoming the 6th largest importer of Reaction and Catalytic Products in the world. At the same year, Reaction and Catalytic Products was the 132nd most imported product in Japan. Japan imports Reaction and Catalytic Products primarily from: Thailand ($453M), Indonesia ($164M), United States ($140M), Singapore ($89.1M), and China ($36.5M).

The fastest growing import markets in Reaction and Catalytic Products for Japan between 2021 and 2022 were Singapore ($83M), Kuwait ($12M), and Indonesia ($10.8M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Reaction and Catalytic Products from Japan to the United States.

Latest Trends

January 2024

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Overview In January 2024 Japan's Reaction and Catalytic Products exports accounted up to ¥21B and imports accounted up to ¥7.24B, resulting in a positive trade balance of ¥13.8B. Between January 2023 and January 2024 the exports of Japan's Reaction and Catalytic Products have increased by ¥6.3B (42.9%) from ¥14.7B to ¥21B, while imports decreased by ¥-1.5B (-17.2%) from ¥8.74B to ¥7.24B.

Destinations In January 2024, Reaction and Catalytic Products were exported mostly to South Korea (¥6.64B), Singapore (¥2.41B), United States (¥2.21B), Taiwan (¥1.71B), and India (¥1.41B), and were imported mostly from Thailand (¥3.32B), United States (¥2.52B), Indonesia (¥350M), South Korea (¥324M), and China (¥202M).

Growth In January 2024, the increase in Reaction and Catalytic Products's year-by-year exports was explained primarily by an increase in exports to South Korea (¥1.5B or 59.9%), Poland (¥894M or 487%), and Germany (¥867M or 106%). In January 2024, the decrease in Reaction and Catalytic Products's year-by-year imports was explained primarily by a decrease in imports from Thailand (¥-3.58B or -44.4%), United States (¥-405M or -38.1%), and China (¥-210M or -36.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥6.3B(42.9%)

IMPORT GROWTH (January 2023 - January 2024)¥-1.5B(-17.2%)

MAIN EXPORTER (January 2024)Ehime¥6.06B

MAIN DESTINATION (January 2024)South Korea¥6.64B

This section shows Reaction and Catalytic Products'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 Reaction and Catalytic Products over time.

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