2022
Exports
$2.73BWorld Rnk 5 / 224
Flag Rnk 60 / 1213
2022
PRODUCT COMPLEXITY IN Iron Fasteners
1.68Rnk 27 / 1025
2022
Imports
$1.11BWorld Rnk 12 / 225
Flag Rnk 131 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $2.73B in Iron Fasteners, making it the 5th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 60th most exported product in Japan. The main destination of Iron Fasteners exports from Japan are: China ($616M), United States ($597M), Thailand ($351M), Indonesia ($196M), and Mexico ($106M).

The fastest growing export markets for Iron Fasteners of Japan between 2021 and 2022 were Indonesia ($16.5M), Brazil ($9.26M), and Canada ($6.64M).

Imports In 2022, Japan imported $1.11B in Iron Fasteners, becoming the 12th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 131st most imported product in Japan. Japan imports Iron Fasteners primarily from: China ($392M), Chinese Taipei ($290M), United States ($96.2M), Philippines ($73.9M), and Vietnam ($55.5M).

The fastest growing import markets in Iron Fasteners for Japan between 2021 and 2022 were China ($54.2M), Chinese Taipei ($40.4M), and United States ($12.3M).

COMPANIES In 2023, leading companies such as CONTINENTAL AUTOMOTIVE SYSTEMS, INC (121), Magna International (27), and Mahle Behr (14) were at the forefront of shipping Iron Fasteners from Japan to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥432M(1.57%)
IMPORT GROWTH (August 2023 - August 2024)¥447M(4.66%)
MAIN EXPORTER (August 2024)Aichi¥12.7B
MAIN DESTINATION (August 2024)United States¥7.64B

This section shows Iron Fasteners'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 Iron Fasteners over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.73B
IMPORTS (2022)$1.11B
NET TRADE (2022)$1.62B

In 2022, Japan exported $2.73B in Iron Fasteners. The main destinations of Japan exports on Iron Fasteners were China ($616M), United States ($597M), Thailand ($351M), Indonesia ($196M), and Mexico ($106M).

In 2022, Japan imported $1.11B in Iron Fasteners, mainly from China ($392M), Chinese Taipei ($290M), United States ($96.2M), Philippines ($73.9M), and Vietnam ($55.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Indonesia$16.5M (9.19%)
Brazil$9.26M (12.1%)
Canada$6.64M (12.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Japan WERE (2021 - 2022):
China-$163M (-20.9%)
United States-$88.1M (-12.9%)
Thailand-$35.3M (-9.13%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $41.2M
TOP IMPORT POTENTIALChina+ $97.1M

Iron Fasteners’s highest export potential is India. With an export gap of $41.2M.   Iron Fasteners’s highest import potential is China with an import gap of $97.1M.

See methodology.

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