HS Icon Bismuth in  Flag Japan

2019
Exports | Imports
: $4.15M | $1.92M, World Rnk 8 / 54
Flag Rnk 886 / 1200 | World Rnk 14 / 103
Flag Rnk 1137 / 1211

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $171k | $44.5k, Luxembourg |  United States

2019
ECONOMIC COMPLEXITY of Japan
: 2.23, Rnk 1 / 147

Exports: In 2019, Japan exported $4.15M in Bismuth, making it the 8th largest exporter of Bismuth in the world. At the same year, Bismuth was the 886th most exported product in Japan. The main destination of Bismuth exports from Japan are: South Korea ($2.36M), Luxembourg ($643k), China ($314k), Chinese Taipei ($262k), and Vietnam ($222k).

The fastest growing export markets for Bismuth of Japan between 2018 and 2019 were Luxembourg ($171k), South Korea ($126k), and Germany ($78k).

Imports: In 2019, Japan imported $1.92M in Bismuth, becoming the 14th largest importer of Bismuth in the world. At the same year, Bismuth was the 1137th most imported product in Japan. Japan imports Bismuth primarily from: China ($1.3M), South Korea ($279k), Hong Kong ($207k), United States ($86k), and France ($31.1k).

The fastest growing import markets in Bismuth for Japan between 2018 and 2019 were United States ($44.5k), France ($24.2k), and Canada ($9.17k).

Tariffs: In 2018, the average tariff for Japan in Bismuth was 1.93%. The countries with the highest import tariffs for Bismuth were Western Sahara (Most Favoured Nation duty rate treatement, 3%), Mayotte (Most Favoured Nation duty rate treatement, 3%), Reunion (Most Favoured Nation duty rate treatement, 3%), South Sudan (Most Favoured Nation duty rate treatement, 3%), and Seychelles (Most Favoured Nation duty rate treatement, 3%).

Latest Trends (May 2021)

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Overview: In May 2021 Japan's Bismuth exports accounted up to ¥63.7M and imports accounted up to ¥15.7M, resulting in a positive trade balance of ¥47.9M. Between May 2020 and May 2021 the exports of Japan's   Bismuth have increased by ¥47.7M (299%) from ¥15.9M to ¥63.7M, while imports decreased by ¥-10.2M (-39.4%) from ¥25.9M to ¥15.7M.

Destinations: In May 2021, Bismuth were exported mostly to China (¥30.9M), South Korea (¥26.3M), Taiwan (¥5.16M), India (¥1.31M), and Malaysia (¥0), and were imported mostly from China (¥7.97M), South Korea (¥5.16M), France (¥1.86M), Thailand (¥740k), and United Kingdom (¥0).

Growth: In May 2021, the increase in Bismuth's year-by-year exports was explained primarily by an increase in exports to China (¥29.3M or 1.82k%) and Taiwan (¥1.84M or 55.5%). In May 2021, the decrease in Bismuth's year-by-year imports was explained primarily by a decrease in imports from China (¥-12.6M or -61.3%), United States (¥-2.16M or -100%), and United Kingdom (¥-332k or -100%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (May 2020 - May 2021): ¥47.7M, (299%)

IMPORT GROWTH (May 2020 - May 2021): ¥-10.2M, (-39.4%)

MAIN EXPORTER (May 2021): Chiba, ¥33.1M

MAIN DESTINATION (May 2021): China, ¥30.9M

This section shows Bismuth'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 Bismuth over time.

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Historical Data

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Value

EXPORTS (2019): $4.15M

IMPORTS (2019): $1.92M

NET TRADE (2019): $2.23M

In 2019, Japan exported $4.15M in Bismuth. The main destinations of Japan exports on Bismuth were South Korea ($2.36M), Luxembourg ($643k), China ($314k), Chinese Taipei ($262k), and Vietnam ($222k).

In 2019, Japan imported $1.92M in Bismuth, mainly from China ($1.3M), South Korea ($279k), Hong Kong ($207k), United States ($86k), and France ($31.1k).

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IN 2019, Japan HAD A POSITIVE NET TRADE IN Bismuth WITH:

IN 2019, Japan HAD A NEGATIVE NET TRADE IN Bismuth WITH:

Flow

THE FASTEST GROWING Bismuth EXPORT MARKETS FOR Japan WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bismuth BY Japan WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Japan's main exporting competitors in Bismuth were:

In 2018, Japan's main importing competitors in Bismuth were:

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Tariffs by Country

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In 2018, the average tariff for Japan in Bismuth was 1.93%.

The countries with the highest tariffs for Bismuth in Japan were Western Sahara (Most Favoured Nation duty rate treatement, 3%), Mayotte (Most Favoured Nation duty rate treatement, 3%), Reunion (Most Favoured Nation duty rate treatement, 3%), South Sudan (Most Favoured Nation duty rate treatement, 3%), and Seychelles (Most Favoured Nation duty rate treatement, 3%).