Cermets in Japan 2020 Exports | Imports : $41.8M | $24.1M, World Rnk 5 / 77 Rnk 550 / 1207 | World Rnk 8 / 127 Rnk 837 / 1206
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.62M | $947k, Chinese Taipei | Chinese Taipei
2020 ECONOMIC COMPLEXITY of Japan: 2.19, Rnk 1 / 127
2020 PRODUCT COMPLEXITY IN Cermets: 2.08, Rnk 5 / 1029
Exports In 2020, Japan exported $41.8M in Cermets, making it the 5th largest exporter of Cermets in the world. At the same year, Cermets was the 550th most exported product in Japan. The main destination of Cermets exports from Japan are: China ($26.3M), Chinese Taipei ($3.91M), Hong Kong ($3.09M), Germany ($2.37M), and South Korea ($2.15M).
The fastest growing export markets for Cermets of Japan between 2019 and 2020 were Chinese Taipei ($1.62M), Hong Kong ($430k), and Vietnam ($102k).
Imports In 2020, Japan imported $24.1M in Cermets, becoming the 8th largest importer of Cermets in the world. At the same year, Cermets was the 837th most imported product in Japan. Japan imports Cermets primarily from: Germany ($12.2M), Vietnam ($3.18M), Chinese Taipei ($2.27M), United States ($2.02M), and Sweden ($1.44M).
The fastest growing import markets in Cermets for Japan between 2019 and 2020 were Chinese Taipei ($947k), Mexico ($630k), and Hong Kong ($558k).
Tariffs In 2019, the average tariff for Japan in Cermets was 2.8%. The countries with the highest import tariffs for Cermets were Angola (Most Favoured Nation duty rate treatement, 3%), Burundi (Most Favoured Nation duty rate treatement, 3%), Benin (Most Favoured Nation duty rate treatement, 3%), Burkina Faso (Most Favoured Nation duty rate treatement, 3%), and Botswana (Most Favoured Nation duty rate treatement, 3%).
December 2022
Overview In December 2022 Japan's Cermets exports accounted up to ¥433M and imports accounted up to ¥197M, resulting in a positive trade balance of ¥236M. Between December 2021 and December 2022 the exports of Japan's Cermets have increased by ¥86.8M (25.1%) from ¥346M to ¥433M, while imports decreased by ¥-31.3M (-13.7%) from ¥228M to ¥197M.
Destinations In December 2022, Cermets were exported mostly to China (Â¥175M), Taiwan (Â¥134M), Germany (Â¥35.2M), Thailand (Â¥25.6M), and South Korea (Â¥11.1M), and were imported mostly from United States (Â¥100M), Mexico (Â¥48M), Germany (Â¥24.9M), Sweden (Â¥12.1M), and China (Â¥5.82M).
Growth In December 2022, the increase in Cermets's year-by-year exports was explained primarily by an increase in exports to Thailand (Â¥8.25M or 301%), South Korea (Â¥5.73M or 58.2%), and Vietnam (Â¥956k or 92.9%). In December 2022, the decrease in Cermets's year-by-year imports was explained primarily by a decrease in imports from Sweden (Â¥-1.9M or -29.3%).
EXPORT GROWTH (December 2021 - December 2022): ¥86.8M, (25.1%)
IMPORT GROWTH (December 2021 - December 2022): ¥-31.3M, (-13.7%)
MAIN EXPORTER (December 2022): Osaka, ¥217M
MAIN DESTINATION (December 2022): China, ¥175M
This section shows Cermets'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 Cermets over time.
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EXPORTS (2020): $41.8M
IMPORTS (2020): $24.1M
NET TRADE (2020): $17.6M
In 2020, Japan exported $41.8M in Cermets. The main destinations of Japan exports on Cermets were China ($26.3M), Chinese Taipei ($3.91M), Hong Kong ($3.09M), Germany ($2.37M), and South Korea ($2.15M).
In 2020, Japan imported $24.1M in Cermets, mainly from Germany ($12.2M), Vietnam ($3.18M), Chinese Taipei ($2.27M), United States ($2.02M), and Sweden ($1.44M).
In 2020, Japan's main exporting competitors in Cermets were:
In 2020, Japan's main importing competitors in Cermets were:
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