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2022
Exports $178MWorld Rnk 9 / 131
Flag Rnk 341 / 1213
2022
Destination $1.84M China
2021 - 2022
FASTEST GROWING MARKET $1.84MChile
2022
PRODUCT COMPLEXITY IN Large Coated Flat-Rolled Iron0.57Rnk 337 / 1025
2022
Imports $28.3MWorld Rnk 42 / 213
Flag Rnk 833 / 1214
2022
Origin $1.7M China
2021 - 2022
FASTEST GROWING ORIGIN $1.7MIndia
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $178M in Large Coated Flat-Rolled Iron, making it the 9th largest exporter of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 341st most exported product in Japan. The main destination of Large Coated Flat-Rolled Iron exports from Japan are: China ($38.6M), India ($21.3M), South Korea ($18.8M), Thailand ($17M), and United States ($10.6M).

The fastest growing export markets for Large Coated Flat-Rolled Iron of Japan between 2021 and 2022 were Chile ($1.84M), Sri Lanka ($1.28M), and Indonesia ($1.01M).

Imports In 2022, Japan imported $28.3M in Large Coated Flat-Rolled Iron, becoming the 42nd largest importer of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 833rd most imported product in Japan. Japan imports Large Coated Flat-Rolled Iron primarily from: China ($9.17M), India ($8.18M), Germany ($3M), South Korea ($2.58M), and United States ($2.35M).

The fastest growing import markets in Large Coated Flat-Rolled Iron for Japan between 2021 and 2022 were India ($1.7M), Malaysia ($221k), and Netherlands ($131k).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Large Coated Flat-Rolled Iron exports accounted up to ¥2.35B and imports accounted up to ¥161M, resulting in a positive trade balance of ¥2.19B. Between June 2023 and June 2024 the exports of Japan's   Large Coated Flat-Rolled Iron have increased by ¥570M (32.1%) from ¥1.78B to ¥2.35B, while imports decreased by ¥-73.4M (-31.3%) from ¥235M to ¥161M.

Destinations In June 2024, Large Coated Flat-Rolled Iron were exported mostly to China (¥438M), India (¥317M), Mexico (¥316M), Thailand (¥305M), and South Korea (¥290M), and were imported mostly from China (¥94.5M), South Korea (¥20M), India (¥17.1M), United States (¥13.9M), and Germany (¥8.39M).

Growth In June 2024, the increase in Large Coated Flat-Rolled Iron's year-by-year exports was explained primarily by an increase in exports to Czechia (¥122M or 278%), India (¥89.6M or 69.6%), and Mexico (¥43.9M or 46.9%). In June 2024, the decrease in Large Coated Flat-Rolled Iron's year-by-year imports was explained primarily by a decrease in imports from India (¥-56.7M or -63.1%), Thailand (¥-6.28M or -95.9%), and Netherlands (¥-1.69M or -41.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥570M(32.1%)
IMPORT GROWTH (June 2023 - June 2024)¥-73.4M(-31.3%)
MAIN EXPORTER (June 2024)Aichi¥1.35B
MAIN DESTINATION (June 2024)China¥438M

This section shows Large Coated Flat-Rolled Iron'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 Large Coated Flat-Rolled Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$178M
IMPORTS (2022)$28.3M
NET TRADE (2022)$150M

In 2022, Japan exported $178M in Large Coated Flat-Rolled Iron. The main destinations of Japan exports on Large Coated Flat-Rolled Iron were China ($38.6M), India ($21.3M), South Korea ($18.8M), Thailand ($17M), and United States ($10.6M).

In 2022, Japan imported $28.3M in Large Coated Flat-Rolled Iron, mainly from China ($9.17M), India ($8.18M), Germany ($3M), South Korea ($2.58M), and United States ($2.35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Coated Flat-Rolled Iron EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Chile$1.84M (1%)
Sri Lanka$1.28M (642%)
Indonesia$1.01M (12.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Coated Flat-Rolled Iron BY Japan WERE (2021 - 2022):
Thailand-$10.1M (-37.2%)
China-$5.57M (-12.6%)
Mexico-$5.36M (-35.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Large Coated Flat-Rolled Iron were:
China $1B
Germany $993M
United States $429M
In 2022, Japan's main importing competitors in Large Coated Flat-Rolled Iron were:
Germany $519M
France $505M
United States $385M

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Trade Value of Large Coated Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.36M
TOP IMPORT POTENTIALChina+ $8.05M

Large Coated Flat-Rolled Iron’s highest export potential is China. With an export gap of $5.36M.   Large Coated Flat-Rolled Iron’s highest import potential is China with an import gap of $8.05M.

See methodology.

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