Carbonates in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $70.6M in Carbonates, making it the 22nd largest exporter of Carbonates in the world. At the same year, Carbonates was the 495th most exported product in Japan. The main destination of Carbonates exports from Japan are: South Korea ($15.9M), China ($9.95M), United States ($9.68M), Thailand ($6.02M), and Chinese Taipei ($5.81M).

The fastest growing export markets for Carbonates of Japan between 2021 and 2022 were South Korea ($2.63M), United States ($2.34M), and United Kingdom ($1.28M).

Imports In 2022, Japan imported $1.27B in Carbonates, becoming the 3rd largest importer of Carbonates in the world. At the same year, Carbonates was the 117th most imported product in Japan. Japan imports Carbonates primarily from: Chile ($519M), China ($400M), Argentina ($185M), United States ($78.8M), and South Korea ($23.6M).

The fastest growing import markets in Carbonates for Japan between 2021 and 2022 were Chile ($414M), China ($324M), and Argentina ($160M).

COMPANIES In 2023, leading companies such as YOKOHAMA INDUSTRIES AMERICAS INC. (11) were at the forefront of shipping Carbonates from Japan to the United States.

Latest Trends

February 2024

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Overview In February 2024 Japan's Carbonates exports accounted up to ¥647M and imports accounted up to ¥10.3B, resulting in a negative trade balance of ¥9.61B. Between February 2023 and February 2024 the exports of Japan's Carbonates have increased by ¥2.76M (0.43%) from ¥645M to ¥647M, while imports decreased by ¥-8.03B (-43.9%) from ¥18.3B to ¥10.3B.

Destinations In February 2024, Carbonates were exported mostly to South Korea (¥166M), China (¥131M), United States (¥82.6M), Indonesia (¥52.9M), and Thailand (¥51.7M), and were imported mostly from Chile (¥4.18B), Argentina (¥4.13B), China (¥765M), United States (¥745M), and Germany (¥208M).

Growth In February 2024, the increase in Carbonates's year-by-year exports was explained primarily by an increase in exports to Thailand (¥30M or 83.2%), Luxembourg (¥10.8M or 199%), and Germany (¥6.66M or 73.9%). In February 2024, the decrease in Carbonates's year-by-year imports was explained primarily by a decrease in imports from Italy (¥-124M or -83.2%), Thailand (¥-15.2M or -41.9%), and South Korea (¥-3.55M or -4.49%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)¥2.76M(0.43%)

IMPORT GROWTH (February 2023 - February 2024)¥-8.03B(-43.9%)

MAIN EXPORTER (February 2024)Hyōgo¥117M

MAIN DESTINATION (February 2024)South Korea¥166M

This section shows Carbonates'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 Carbonates over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$70.6M

IMPORTS (2022)$1.27B

NET TRADE (2022)-$1.2B

In 2022, Japan exported $70.6M in Carbonates. The main destinations of Japan exports on Carbonates were South Korea ($15.9M), China ($9.95M), United States ($9.68M), Thailand ($6.02M), and Chinese Taipei ($5.81M).

In 2022, Japan imported $1.27B in Carbonates, mainly from Chile ($519M), China ($400M), Argentina ($185M), United States ($78.8M), and South Korea ($23.6M).

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