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Exports In 2023, Japan exported $4.66M in Nitric Acids, making it the 18th largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 872nd most exported product in Japan. The main destination of Nitric Acids exports from Japan are: Singapore ($1.82M), Chinese Taipei ($922k), China ($823k), United States ($299k), and South Korea ($249k).

The fastest growing export markets for Nitric Acids of Japan between 2022 and 2023 were China ($288k), Switzerland ($53.9k), and Chinese Taipei ($51.1k).

Imports In 2023, Japan imported $34M in Nitric Acids, becoming the 4th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 775th most imported product in Japan. Japan imports Nitric Acids primarily from: South Korea ($33.7M), Chinese Taipei ($187k), China ($44.9k), India ($25.9k), and United States ($11.6k).

The fastest growing import markets in Nitric Acids for Japan between 2022 and 2023 were India ($2.35k) and Hungary ($3).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥5.05M(9.3%)
IMPORT GROWTH (November 2023 - November 2024)¥-3.81M(-49.9%)
MAIN EXPORTER (November 2024)Fukushima¥30.2M
MAIN DESTINATION (November 2024)Singapore¥20M

This section shows Nitric Acids'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 Nitric Acids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.66M
IMPORTS (2023)$34M
NET TRADE (2023)-$29.3M

In 2023, Japan exported $4.66M in Nitric Acids. The main destinations of Japan exports on Nitric Acids were Singapore ($1.82M), Chinese Taipei ($922k), China ($823k), United States ($299k), and South Korea ($249k).

In 2023, Japan imported $34M in Nitric Acids, mainly from South Korea ($33.7M), Chinese Taipei ($187k), China ($44.9k), India ($25.9k), and United States ($11.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Japan WERE (2022 - 2023):
China$288k (53.9%)
Switzerland$53.9k (1%)
Chinese Taipei$51.1k (5.87%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Japan WERE (2022 - 2023):
Singapore-$221k (-10.8%)
South Korea-$204k (-45%)
United States-$50.1k (-14.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Nitric Acids were:
In 2023, Japan's main importing competitors in Nitric Acids were:
Germany $50.8M
France $35.9M
Belgium $35.3M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $220k
TOP IMPORT POTENTIALChina+ $631k

Nitric Acids’s highest export potential is China. With an export gap of $220k.   Nitric Acids’s highest import potential is China with an import gap of $631k.

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