Flat-Rolled Stainless Steel in Japan 2021 Exports | Imports : $481M | $71.9M, World Rnk 4 / 110 Rnk 207 / 1206 | World Rnk 25 / 200 Rnk 631 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $18.2M | $14.6M, China | China
2021 ECONOMIC COMPLEXITY of Japan: 2.06, Rnk 1 / 131
2021 PRODUCT COMPLEXITY IN Flat-Rolled Stainless Steel: 1.52, Rnk 45 / 1024
Exports In 2021, Japan exported $481M in Flat-Rolled Stainless Steel, making it the 4th largest exporter of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 207th most exported product in Japan. The main destination of Flat-Rolled Stainless Steel exports from Japan are: China ($124M), Thailand ($71M), Mexico ($39.2M), India ($37.9M), and Indonesia ($30.8M).
The fastest growing export markets for Flat-Rolled Stainless Steel of Japan between 2020 and 2021 were China ($18.2M), Thailand ($17.3M), and Mexico ($11.7M).
Imports In 2021, Japan imported $71.9M in Flat-Rolled Stainless Steel, becoming the 25th largest importer of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 631st most imported product in Japan. Japan imports Flat-Rolled Stainless Steel primarily from: South Korea ($27.2M), China ($25.3M), United States ($5.66M), Chinese Taipei ($4.03M), and Sweden ($3.77M).
The fastest growing import markets in Flat-Rolled Stainless Steel for Japan between 2020 and 2021 were China ($14.6M), South Korea ($5.38M), and United States ($1.69M).
May 2023
Overview In May 2023 Japan's Flat-Rolled Stainless Steel exports accounted up to ¥4.72B and imports accounted up to ¥545M, resulting in a positive trade balance of ¥4.17B. Between May 2022 and May 2023 the exports of Japan's Flat-Rolled Stainless Steel have decreased by ¥-387M (-7.58%) from ¥5.1B to ¥4.72B, while imports increased by ¥52.7M (10.7%) from ¥492M to ¥545M.
Destinations In May 2023, Flat-Rolled Stainless Steel were exported mostly to China (¥813M), Thailand (¥596M), Mexico (¥572M), India (¥532M), and South Korea (¥475M), and were imported mostly from China (¥146M), United States (¥99.2M), South Korea (¥93.3M), Italy (¥58.3M), and Taiwan (¥42.1M).
Growth In May 2023, the decrease in Flat-Rolled Stainless Steel's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (¥-51.2M or -54%), Taiwan (¥-43.8M or -28%), and Indonesia (¥-18.1M or -7.82%). In May 2023, the increase in Flat-Rolled Stainless Steel's year-by-year imports was explained primarily by an increase in imports from China (¥185M or 91.6%), South Korea (¥57.6M or 41%), and Germany (¥13.4M or 1.34k%).
EXPORT GROWTH (May 2022 - May 2023): ¥-387M, (-7.58%)
IMPORT GROWTH (May 2022 - May 2023): ¥52.7M, (10.7%)
MAIN EXPORTER (May 2023): Kanagawa, ¥1.86B
MAIN DESTINATION (May 2023): China, ¥813M
This section shows Flat-Rolled Stainless Steel'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 Flat-Rolled Stainless Steel over time.
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EXPORTS (2021): $481M
IMPORTS (2021): $71.9M
NET TRADE (2021): $409M
In 2021, Japan exported $481M in Flat-Rolled Stainless Steel. The main destinations of Japan exports on Flat-Rolled Stainless Steel were China ($124M), Thailand ($71M), Mexico ($39.2M), India ($37.9M), and Indonesia ($30.8M).
In 2021, Japan imported $71.9M in Flat-Rolled Stainless Steel, mainly from South Korea ($27.2M), China ($25.3M), United States ($5.66M), Chinese Taipei ($4.03M), and Sweden ($3.77M).
THE FASTEST GROWING Flat-Rolled Stainless Steel EXPORT MARKETS FOR Japan WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Stainless Steel BY Japan WERE (2020 - 2021):
In 2021, Japan's main exporting competitors in Flat-Rolled Stainless Steel were:
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