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2022
Exports $257MWorld Rnk 3 / 105
Flag Rnk 295 / 1213
2022
Destination $5.42M China
2021 - 2022
FASTEST GROWING MARKET $5.42MVietnam
2022
PRODUCT COMPLEXITY IN Iron Powder0.78Rnk 252 / 1025
2022
Imports $146MWorld Rnk 5 / 176
Flag Rnk 472 / 1214
2022
Origin $1.4M Sweden
2021 - 2022
FASTEST GROWING ORIGIN $1.4MIndia
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $257M in Iron Powder, making it the 3rd largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 295th most exported product in Japan. The main destination of Iron Powder exports from Japan are: China ($69.6M), South Korea ($47M), United States ($24.1M), Vietnam ($23.7M), and Thailand ($20.5M).

The fastest growing export markets for Iron Powder of Japan between 2021 and 2022 were Vietnam ($5.42M), India ($1.77M), and United States ($939k).

Imports In 2022, Japan imported $146M in Iron Powder, becoming the 5th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 472nd most imported product in Japan. Japan imports Iron Powder primarily from: Sweden ($74.3M), China ($28.1M), South Korea ($13.8M), Thailand ($8.36M), and India ($7.41M).

The fastest growing import markets in Iron Powder for Japan between 2021 and 2022 were India ($1.4M), Germany ($1.06M), and United States ($824k).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Iron Powder exports accounted up to ¥2.71B and imports accounted up to ¥1.63B, resulting in a positive trade balance of ¥1.08B. Between June 2023 and June 2024 the exports of Japan's   Iron Powder have increased by ¥305M (12.7%) from ¥2.4B to ¥2.71B, while imports decreased by ¥-694M (-29.9%) from ¥2.32B to ¥1.63B.

Destinations In June 2024, Iron Powder were exported mostly to China (¥881M), South Korea (¥425M), United States (¥237M), Thailand (¥234M), and Singapore (¥175M), and were imported mostly from China (¥832M), Sweden (¥392M), South Korea (¥171M), India (¥118M), and Germany (¥53.7M).

Growth In June 2024, the increase in Iron Powder's year-by-year exports was explained primarily by an increase in exports to India (¥72.6M or 221%), United States (¥45.7M or 30.3%), and Singapore (¥9.48M or 19.6%). In June 2024, the decrease in Iron Powder's year-by-year imports was explained primarily by a decrease in imports from Thailand (¥-302M or -86.1%), Sweden (¥-252M or -42.9%), and India (¥-39.2M or -36.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥305M(12.7%)
IMPORT GROWTH (June 2023 - June 2024)¥-694M(-29.9%)
MAIN EXPORTER (June 2024)Kanagawa¥878M
MAIN DESTINATION (June 2024)China¥881M

This section shows Iron Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$257M
IMPORTS (2022)$146M
NET TRADE (2022)$111M

In 2022, Japan exported $257M in Iron Powder. The main destinations of Japan exports on Iron Powder were China ($69.6M), South Korea ($47M), United States ($24.1M), Vietnam ($23.7M), and Thailand ($20.5M).

In 2022, Japan imported $146M in Iron Powder, mainly from Sweden ($74.3M), China ($28.1M), South Korea ($13.8M), Thailand ($8.36M), and India ($7.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Vietnam$5.42M (29.6%)
India$1.77M (35.3%)
United States$939k (4.05%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Japan WERE (2021 - 2022):
China-$10.5M (-13.1%)
Hong Kong-$6.19M (-54.8%)
Singapore-$3.62M (-29.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Iron Powder were:
Sweden $492M
Germany $267M
In 2022, Japan's main importing competitors in Iron Powder were:
United States $313M
Germany $312M
China $296M

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.54M
TOP IMPORT POTENTIALIndia+ $3.18M

Iron Powder’s highest export potential is United States. With an export gap of $4.54M.   Iron Powder’s highest import potential is India with an import gap of $3.18M.

See methodology.

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