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Pricing

2022
Exports $52.4MWorld Rnk 11 / 101
Flag Rnk 540 / 1213
2022
Destination $3.05M China
2021 - 2022
FASTEST GROWING MARKET $3.05MChina
2022
PRODUCT COMPLEXITY IN Carbides-0.24Rnk 626 / 1025
2022
Imports $306MWorld Rnk 3 / 175
Flag Rnk 298 / 1214
2022
Origin $23.7M China
2021 - 2022
FASTEST GROWING ORIGIN $23.7MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $52.4M in Carbides, making it the 11th largest exporter of Carbides in the world. At the same year, Carbides was the 540th most exported product in Japan. The main destination of Carbides exports from Japan are: China ($9.71M), United States ($9.31M), Hungary ($8.46M), South Korea ($6.52M), and Chinese Taipei ($3.74M).

The fastest growing export markets for Carbides of Japan between 2021 and 2022 were China ($3.05M), South Korea ($1.71M), and Poland ($972k).

Imports In 2022, Japan imported $306M in Carbides, becoming the 3rd largest importer of Carbides in the world. At the same year, Carbides was the 298th most imported product in Japan. Japan imports Carbides primarily from: China ($232M), South Korea ($13.3M), Austria ($12.8M), Germany ($12M), and Vietnam ($10.2M).

The fastest growing import markets in Carbides for Japan between 2021 and 2022 were China ($23.7M), South Korea ($5.63M), and Vietnam ($2.68M).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Carbides exports accounted up to ¥461M and imports accounted up to ¥2.66B, resulting in a negative trade balance of ¥2.2B. Between August 2023 and August 2024 the exports of Japan's   Carbides have increased by ¥35.1M (8.23%) from ¥426M to ¥461M, while imports decreased by ¥-453M (-14.6%) from ¥3.11B to ¥2.66B.

Destinations In August 2024, Carbides were exported mostly to Mexico (¥85.1M), South Korea (¥63.8M), Hungary (¥62.8M), United States (¥59.8M), and Poland (¥47.2M), and were imported mostly from China (¥1.83B), South Korea (¥261M), Germany (¥213M), Austria (¥159M), and Czechia (¥67.3M).

Growth In August 2024, the increase in Carbides's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei (¥68.3M or 350%), Poland (¥25.8M or 618%), and United States (¥20.9M or 43.5%). In August 2024, the decrease in Carbides's year-by-year imports was explained primarily by a decrease in imports from Austria (¥-125M or -84.1%), Germany (¥-109M or -43.2%), and South Korea (¥-76.1M or -51.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥35.1M(8.23%)
IMPORT GROWTH (August 2023 - August 2024)¥-453M(-14.6%)
MAIN EXPORTER (August 2024)Fukuoka¥182M
MAIN DESTINATION (August 2024)Mexico¥85.1M

This section shows Carbides'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 Carbides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$52.4M
IMPORTS (2022)$306M
NET TRADE (2022)-$254M

In 2022, Japan exported $52.4M in Carbides. The main destinations of Japan exports on Carbides were China ($9.71M), United States ($9.31M), Hungary ($8.46M), South Korea ($6.52M), and Chinese Taipei ($3.74M).

In 2022, Japan imported $306M in Carbides, mainly from China ($232M), South Korea ($13.3M), Austria ($12.8M), Germany ($12M), and Vietnam ($10.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbides EXPORT MARKETS FOR Japan WERE (2021 - 2022):
China$3.05M (45.7%)
South Korea$1.71M (35.5%)
Poland$972k (233%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbides BY Japan WERE (2021 - 2022):
Hungary-$5.02M (-37.2%)
Sweden-$434k (-79.2%)
Philippines-$273k (-71.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Carbides were:
China $1.04B
Austria $327M
Germany $181M
In 2022, Japan's main importing competitors in Carbides were:
United States $460M
Germany $352M

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Trade Value of Carbides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.42M
TOP IMPORT POTENTIALUnited States+ $2.01M

Carbides’s highest export potential is United States. With an export gap of $2.42M.   Carbides’s highest import potential is United States with an import gap of $2.01M.

See methodology.

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