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Exports In 2022, Japan exported $4.25M in Nitric Acids, making it the 21st largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 886th most exported product in Japan. The main destination of Nitric Acids exports from Japan are: Singapore ($1.81M), Chinese Taipei ($938k), China ($381k), South Korea ($369k), and United States ($341k).

The fastest growing export markets for Nitric Acids of Japan between 2021 and 2022 were Singapore ($398k), South Korea ($34.6k), and Vietnam ($13k).

Imports In 2022, Japan imported $47.6M in Nitric Acids, becoming the 3rd largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 738th most imported product in Japan. Japan imports Nitric Acids primarily from: South Korea ($45M), China ($1.21M), Chinese Taipei ($1.09M), Germany ($88.1k), and Belgium ($65.3k).

The fastest growing import markets in Nitric Acids for Japan between 2021 and 2022 were South Korea ($10.8M), China ($1.21M), and Chinese Taipei ($1.09M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-12M(-20.2%)
IMPORT GROWTH (June 2023 - June 2024)¥31.1M(44.2%)
MAIN EXPORTER (June 2024)Fukushima¥28.6M
MAIN DESTINATION (June 2024)Singapore¥20.6M

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 (2022)$4.25M
IMPORTS (2022)$47.6M
NET TRADE (2022)-$43.4M

In 2022, Japan exported $4.25M in Nitric Acids. The main destinations of Japan exports on Nitric Acids were Singapore ($1.81M), Chinese Taipei ($938k), China ($381k), South Korea ($369k), and United States ($341k).

In 2022, Japan imported $47.6M in Nitric Acids, mainly from South Korea ($45M), China ($1.21M), Chinese Taipei ($1.09M), Germany ($88.1k), and Belgium ($65.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Singapore$398k (28.2%)
South Korea$34.6k (10.3%)
Vietnam$13k (186%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Japan WERE (2021 - 2022):
Chinese Taipei-$461k (-33%)
United States-$235k (-40.8%)
China-$187k (-33%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Nitric Acids were:
In 2022, Japan's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M

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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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