Phenols in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $770M in Phenols, making it the 2nd largest exporter of Phenols in the world. At the same year, Phenols was the 149th most exported product in Japan. The main destination of Phenols exports from Japan are: China ($211M), South Korea ($122M), United States ($94.9M), India ($77.4M), and Thailand ($72.7M).

The fastest growing export markets for Phenols of Japan between 2021 and 2022 were India ($8.21M), United Kingdom ($7.91M), and China ($6.45M).

Imports In 2022, Japan imported $368M in Phenols, becoming the 7th largest importer of Phenols in the world. At the same year, Phenols was the 276th most imported product in Japan. Japan imports Phenols primarily from: South Korea ($155M), China ($75M), Chinese Taipei ($55.3M), India ($20M), and Germany ($19.7M).

The fastest growing import markets in Phenols for Japan between 2021 and 2022 were South Korea ($9.07M), India ($4.65M), and Germany ($3.96M).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (2) and DuPont (1) were at the forefront of shipping Phenols from Japan to the United States.

Latest Trends

August 2024

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Overview In August 2024 Japan's Phenols exports accounted up to ¥2.94B and imports accounted up to ¥3.03B, resulting in a negative trade balance of ¥94.4M. Between August 2023 and August 2024 the exports of Japan's Phenols have decreased by ¥-755M (-20.4%) from ¥3.69B to ¥2.94B, while imports increased by ¥842M (38.5%) from ¥2.19B to ¥3.03B.

Destinations In August 2024, Phenols were exported mostly to China (¥1.14B), South Korea (¥707M), Belgium (¥347M), India (¥192M), and Switzerland (¥153M), and were imported mostly from Chinese Taipei (¥1.18B), China (¥814M), South Korea (¥553M), Germany (¥148M), and India (¥123M).

Growth In August 2024, the decrease in Phenols's year-by-year exports was explained primarily by a decrease in exports to China (¥-866M or -50.8%), South Korea (¥-681M or -61.3%), and India (¥-343M or -56.6%). In August 2024, the increase in Phenols's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (¥46.3M or 10.2%), India (¥29.8M or 17%), and Switzerland (¥24.9M or 753%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)¥-755M(-20.4%)

IMPORT GROWTH (August 2023 - August 2024)¥842M(38.5%)

MAIN EXPORTER (August 2024)Chiba¥1.35B

MAIN DESTINATION (August 2024)China¥1.14B

This section shows Phenols'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 Phenols over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$770M

IMPORTS (2022)$368M

NET TRADE (2022)$401M

In 2022, Japan exported $770M in Phenols. The main destinations of Japan exports on Phenols were China ($211M), South Korea ($122M), United States ($94.9M), India ($77.4M), and Thailand ($72.7M).

In 2022, Japan imported $368M in Phenols, mainly from South Korea ($155M), China ($75M), Chinese Taipei ($55.3M), India ($20M), and Germany ($19.7M).

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