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2023
Exports $1.54BWorld Rnk 10 / 166
Flag Rnk 35 / 96
2023
Destination $114M China
2022 - 2023
FASTEST GROWING MARKET $114MChina
2023
PRODUCT COMPLEXITY IN Nickel articles1.36Rnk 67 / 1025
2023
Imports $4.13BWorld Rnk 3 / 207
Flag Rnk 32 / 96
2023
Origin $148M Indonesia
2022 - 2023
FASTEST GROWING ORIGIN $148MIndonesia
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $1.54B in Nickel articles, making it the 10th largest exporter of Nickel articles in the world. At the same year, Nickel articles was the 35th most exported product in Japan. The main destination of Nickel articles exports from Japan are: China ($381M), United States ($246M), South Korea ($224M), India ($144M), and Chinese Taipei ($64.1M).

The fastest growing export markets for Nickel articles of Japan between 2022 and 2023 were China ($114M), United States ($100M), and India ($53.2M).

Imports In 2023, Japan imported $4.13B in Nickel articles, becoming the 3rd largest importer of Nickel articles in the world. At the same year, Nickel articles was the 32nd most imported product in Japan. Japan imports Nickel articles primarily from: Indonesia ($1.34B), Philippines ($783M), Australia ($565M), Madagascar ($289M), and Canada ($244M).

The fastest growing import markets in Nickel articles for Japan between 2022 and 2023 were Indonesia ($148M), United States ($43.4M), and Finland ($15.5M).

COMPANIES In 2023, leading companies such as Yokohama Industries (24) and YAMAHA CORPORATION OF AMERICA (1) were at the forefront of shipping Nickel articles from Japan to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Japan's Nickel articles exports accounted up to ¥17.5B and imports accounted up to ¥37.3B, resulting in a negative trade balance of ¥19.8B. Between November 2023 and November 2024 the exports of Japan's   Nickel articles have increased by ¥1.67B (10.5%) from ¥15.9B to ¥17.5B, while imports decreased by ¥-9.34B (-20%) from ¥46.7B to ¥37.3B.

Destinations In November 2024, Nickel articles were exported mostly to China (¥4.15B), United States (¥3.02B), India (¥2.97B), South Korea (¥2.19B), and Chinese Taipei (¥1.19B), and were imported mostly from Indonesia (¥10.3B), Australia (¥9.86B), Philippines (¥4.75B), United States (¥2.95B), and Canada (¥2.36B).

Growth In November 2024, the increase in Nickel articles's year-by-year exports was explained primarily by an increase in exports to Netherlands (¥2.92B or 3k%), United States (¥1.74B or 213%), and India (¥911M or 159%). In November 2024, the decrease in Nickel articles's year-by-year imports was explained primarily by a decrease in imports from Australia (¥-958M or -15.3%), Russia (¥-215M or -30.6%), and India (¥-41.2M or -95.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥1.67B(10.5%)
IMPORT GROWTH (November 2023 - November 2024)¥-9.34B(-20%)
MAIN EXPORTER (November 2024)Hyōgo¥8.78B
MAIN DESTINATION (November 2024)China¥4.15B

This section shows Nickel articles'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 Nickel articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.54B
IMPORTS (2023)$4.13B
NET TRADE (2023)-$2.6B

In 2023, Japan exported $1.54B in Nickel articles. The main destinations of Japan exports on Nickel articles were China ($381M), United States ($246M), South Korea ($224M), India ($144M), and Chinese Taipei ($64.1M).

In 2023, Japan imported $4.13B in Nickel articles, mainly from Indonesia ($1.34B), Philippines ($783M), Australia ($565M), Madagascar ($289M), and Canada ($244M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nickel articles EXPORT MARKETS FOR Japan WERE (2022 - 2023):
China$114M (42.5%)
United States$100M (68.7%)
India$53.2M (58.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel articles BY Japan WERE (2022 - 2023):
Vietnam-$27.7M (-81.6%)
Chinese Taipei-$15.5M (-19.5%)
Norway-$13.2M (-93.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Nickel articles were:
Indonesia $7.63B
Canada $4.68B
United States $4.11B
In 2023, Japan's main importing competitors in Nickel articles were:
China $11.3B
United States $4.54B

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Trade Value of Nickel articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $41.3M
TOP IMPORT POTENTIALChina+ $27.6M

Nickel articles’s highest export potential is China. With an export gap of $41.3M.   Nickel articles’s highest import potential is China with an import gap of $27.6M.

See methodology.

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