Overview In June 2021 Japan's Iron Ore exports accounted up to ¥2.74M and imports accounted up to ¥188B, resulting in a negative trade balance of ¥188B. Between June 2020 and June 2021 the exports of Japan's Iron Ore have increased by ¥1.79M (189%) from ¥948k to ¥2.74M, while imports increased by ¥127B (211%) from ¥60.4B to ¥188B.
Destinations In June 2021, Iron Ore were exported mostly to Indonesia (¥2.36M), Philippines (¥373k), Thailand (¥0), and United States (¥0), and were imported mostly from Australia (¥113B), Brazil (¥40.7B), Canada (¥14.4B), South Africa (¥5.11B), and Ukraine (¥4.25B).
Growth In June 2021, the increase in Iron Ore's year-by-year exports was explained primarily by an increase in exports to . In June 2021, the increase in Iron Ore's year-by-year imports was explained primarily by an increase in imports from Australia (¥81.1B or 253%), Brazil (¥28.2B or 225%), and South Africa (¥5.1B or 213k%).