Pig Iron in Japan | The Observatory of Economic Complexity

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Exports In 2023, Japan exported $24.4M in Pig Iron, making it the 19th largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 651st most exported product in Japan. The main destination of Pig Iron exports from Japan are: Thailand ($6.87M), Chinese Taipei ($6.35M), Vietnam ($5.78M), China ($2.94M), and Indonesia ($1.93M).

The fastest growing export markets for Pig Iron of Japan between 2022 and 2023 were Vietnam ($1.61M), Chinese Taipei ($1.24M), and China ($504k).

Imports In 2023, Japan imported $16.1M in Pig Iron, becoming the 26th largest importer of Pig Iron in the world. At the same year, Pig Iron was the 914th most imported product in Japan. Japan imports Pig Iron primarily from: South Africa ($6.35M), Brazil ($5.7M), China ($2.68M), Russia ($888k), and Germany ($353k).

The fastest growing import markets in Pig Iron for Japan between 2022 and 2023 were Brazil ($2.65M), China ($803k), and United States ($30.3k).

Latest Trends

November 2024

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Overview In November 2024 Japan's Pig Iron exports accounted up to ¥678M and imports accounted up to ¥445M, resulting in a positive trade balance of ¥233M. Between November 2023 and November 2024 the exports of Japan's Pig Iron have increased by ¥386M (132%) from ¥292M to ¥678M, while imports increased by ¥394M (775%) from ¥50.8M to ¥445M.

Destinations In November 2024, Pig Iron were exported mostly to Thailand (¥435M), South Korea (¥193M), Vietnam (¥24.9M), Indonesia (¥17.1M), and Chinese Taipei (¥7.98M), and were imported mostly from Canada (¥384M), Brazil (¥39.2M), Russia (¥18M), and China (¥3.75M).

Growth In November 2024, the increase in Pig Iron's year-by-year exports was explained primarily by an increase in exports to South Korea (¥239M or 141%) and Vietnam (¥5.68M or 16.8%). In November 2024, the increase in Pig Iron's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)¥386M(132%)

IMPORT GROWTH (September 2023 - November 2024)¥394M(775%)

MAIN EXPORTER (November 2024)Chiba¥1.42B

MAIN DESTINATION (November 2024)Thailand¥435M

This section shows Pig 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 Pig Iron over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$24.4M

IMPORTS (2023)$16.1M

NET TRADE (2023)$8.26M

In 2023, Japan exported $24.4M in Pig Iron. The main destinations of Japan exports on Pig Iron were Thailand ($6.87M), Chinese Taipei ($6.35M), Vietnam ($5.78M), China ($2.94M), and Indonesia ($1.93M).

In 2023, Japan imported $16.1M in Pig Iron, mainly from South Africa ($6.35M), Brazil ($5.7M), China ($2.68M), Russia ($888k), and Germany ($353k).

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