Iron Pipe Fittings in Japan | The Observatory of Economic Complexity

About

Exports In 2022, Japan exported $440M in Iron Pipe Fittings, making it the 11th largest exporter of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 210th most exported product in Japan. The main destination of Iron Pipe Fittings exports from Japan are: China ($104M), United States ($57.4M), Chinese Taipei ($41.5M), Thailand ($35.6M), and Indonesia ($24.5M).

The fastest growing export markets for Iron Pipe Fittings of Japan between 2021 and 2022 were Saudi Arabia ($7.83M), Indonesia ($6.92M), and United States ($4.23M).

Imports In 2022, Japan imported $813M in Iron Pipe Fittings, becoming the 4th largest importer of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 159th most imported product in Japan. Japan imports Iron Pipe Fittings primarily from: China ($380M), South Korea ($98.7M), Vietnam ($91.9M), United States ($89.7M), and Thailand ($55.7M).

The fastest growing import markets in Iron Pipe Fittings for Japan between 2021 and 2022 were Vietnam ($32.3M), China ($24.7M), and United States ($8.22M).

COMPANIES In 2023, leading companies such as VICTAULIC COMPANY (48) and CNH INDUSTRIAL AMERICA LLC (20) were at the forefront of shipping Iron Pipe Fittings from Japan to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Japan's Iron Pipe Fittings exports accounted up to ¥3.71B and imports accounted up to ¥9.22B, resulting in a negative trade balance of ¥5.51B. Between January 2023 and January 2024 the exports of Japan's Iron Pipe Fittings have increased by ¥90.8M (2.51%) from ¥3.62B to ¥3.71B, while imports decreased by ¥-1.01B (-9.91%) from ¥10.2B to ¥9.22B.

Destinations In January 2024, Iron Pipe Fittings were exported mostly to United States (¥813M), China (¥731M), Taiwan (¥203M), Thailand (¥193M), and Saudi Arabia (¥190M), and were imported mostly from China (¥4.86B), South Korea (¥993M), Vietnam (¥915M), United States (¥880M), and Thailand (¥596M).

Growth In January 2024, the increase in Iron Pipe Fittings's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia (¥169M or 717%), Indonesia (¥119M or 80.2%), and United States (¥70.7M or 8.77%). In January 2024, the decrease in Iron Pipe Fittings's year-by-year imports was explained primarily by a decrease in imports from China (¥-94.8M or -1.9%), Thailand (¥-50.5M or -7.42%), and Philippines (¥-31.2M or -33.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥90.8M(2.51%)

IMPORT GROWTH (January 2023 - January 2024)¥-1.01B(-9.91%)

MAIN EXPORTER (January 2024)Aichi¥794M

MAIN DESTINATION (January 2024)United States¥813M

This section shows Iron Pipe Fittings'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 Pipe Fittings over time.

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