2022
Exports
$245MWorld Rnk 9 / 123
Flag Rnk 302 / 1213
2022
PRODUCT COMPLEXITY IN Inorganic Salts
-0.39Rnk 671 / 1025
2022
Imports
$1.53BWorld Rnk 2 / 186
Flag Rnk 97 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $245M in Inorganic Salts, making it the 9th largest exporter of Inorganic Salts in the world. At the same year, Inorganic Salts was the 302nd most exported product in Japan. The main destination of Inorganic Salts exports from Japan are: South Korea ($63.4M), China ($34.9M), India ($31.8M), United States ($19.3M), and Chinese Taipei ($18.3M).

The fastest growing export markets for Inorganic Salts of Japan between 2021 and 2022 were South Korea ($13.2M), Sweden ($11.8M), and India ($6.21M).

Imports In 2022, Japan imported $1.53B in Inorganic Salts, becoming the 2nd largest importer of Inorganic Salts in the world. At the same year, Inorganic Salts was the 97th most imported product in Japan. Japan imports Inorganic Salts primarily from: China ($1.1B), United States ($209M), Vietnam ($38.7M), South Africa ($33.2M), and Chile ($29.1M).

The fastest growing import markets in Inorganic Salts for Japan between 2021 and 2022 were China ($683M), United States ($91.6M), and Chile ($16.6M).

COMPANIES In 2023, leading companies such as LG Electronics (8) and Nissan Chemical (3) were at the forefront of shipping Inorganic Salts from Japan to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-927M(-29.7%)
IMPORT GROWTH (June 2023 - June 2024)¥-10.9B(-46.9%)
MAIN EXPORTER (June 2024)Kanagawa¥1.31B
MAIN DESTINATION (June 2024)Germany¥442M

This section shows Inorganic Salts'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 Inorganic Salts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$245M
IMPORTS (2022)$1.53B
NET TRADE (2022)-$1.29B

In 2022, Japan exported $245M in Inorganic Salts. The main destinations of Japan exports on Inorganic Salts were South Korea ($63.4M), China ($34.9M), India ($31.8M), United States ($19.3M), and Chinese Taipei ($18.3M).

In 2022, Japan imported $1.53B in Inorganic Salts, mainly from China ($1.1B), United States ($209M), Vietnam ($38.7M), South Africa ($33.2M), and Chile ($29.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic Salts EXPORT MARKETS FOR Japan WERE (2021 - 2022):
South Korea$13.2M (26.2%)
Sweden$11.8M (501%)
India$6.21M (24.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic Salts BY Japan WERE (2021 - 2022):
Netherlands-$19.8M (-61.7%)
Hong Kong-$8.75M (-64.1%)
Chinese Taipei-$8.71M (-32.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Inorganic Salts were:
In 2022, Japan's main importing competitors in Inorganic Salts were:

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Trade Value of Inorganic Salts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $11.3M
TOP IMPORT POTENTIALChile+ $9.21M

Inorganic Salts’s highest export potential is China. With an export gap of $11.3M.   Inorganic Salts’s highest import potential is Chile with an import gap of $9.21M.

See methodology.

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