Platinum Clad Metals in Japan 2021 Exports | Imports : $21.2M | $324M, World Rnk 6 / 67 Rnk 673 / 1206 | World Rnk 1 / 100 Rnk 286 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.5M | $219M, Hong Kong | Malaysia
2021 ECONOMIC COMPLEXITY of Japan: 2.06, Rnk 1 / 131
Exports In 2021, Japan exported $21.2M in Platinum Clad Metals, making it the 6th largest exporter of Platinum Clad Metals in the world. At the same year, Platinum Clad Metals was the 673rd most exported product in Japan. The main destination of Platinum Clad Metals exports from Japan are: China ($15M), Hong Kong ($4.06M), Philippines ($1.13M), Malaysia ($299k), and South Korea ($176k).
The fastest growing export markets for Platinum Clad Metals of Japan between 2020 and 2021 were Hong Kong ($1.5M), Philippines ($1.13M), and Malaysia ($125k).
Imports In 2021, Japan imported $324M in Platinum Clad Metals, becoming the 1st largest importer of Platinum Clad Metals in the world. At the same year, Platinum Clad Metals was the 286th most imported product in Japan. Japan imports Platinum Clad Metals primarily from: Malaysia ($321M), Philippines ($2.9M), Chinese Taipei ($694k), Germany ($41.3k), and United Kingdom ($9.46k).
The fastest growing import markets in Platinum Clad Metals for Japan between 2020 and 2021 were Malaysia ($219M), Chinese Taipei ($694k), and Germany ($13.3k).
May 2023
Overview In May 2023 Japan's Platinum Clad Metals exports accounted up to ¥146M and imports accounted up to ¥682k, resulting in a positive trade balance of ¥145M. Between May 2022 and May 2023 the exports of Japan's Platinum Clad Metals have increased by ¥14M (10.6%) from ¥132M to ¥146M, while imports decreased by ¥-395k (-36.7%) from ¥1.08M to ¥682k.
Destinations In May 2023, Platinum Clad Metals were exported mostly to China (¥119M), Hong Kong (¥17.2M), Portugal (¥4.8M), Malaysia (¥2.12M), and Indonesia (¥2.09M), and were imported mostly from .
Growth In May 2023, the increase in Platinum Clad Metals's year-by-year exports was explained primarily by an increase in exports to . In December 2022, the decrease in Platinum Clad Metals's year-by-year imports was explained primarily by a decrease in imports from Germany (¥-513k or -47.6%).
EXPORT GROWTH (May 2022 - May 2023): ¥14M, (10.6%)
IMPORT GROWTH (January 2021 - December 2022): ¥-395k, (-36.7%)
MAIN EXPORTER (May 2023): Chiba, ¥199M
MAIN DESTINATION (May 2023): China, ¥119M
This section shows Platinum Clad Metals'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 Platinum Clad Metals over time.
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EXPORTS (2021): $21.2M
IMPORTS (2021): $324M
NET TRADE (2021): -$303M
In 2021, Japan exported $21.2M in Platinum Clad Metals. The main destinations of Japan exports on Platinum Clad Metals were China ($15M), Hong Kong ($4.06M), Philippines ($1.13M), Malaysia ($299k), and South Korea ($176k).
In 2021, Japan imported $324M in Platinum Clad Metals, mainly from Malaysia ($321M), Philippines ($2.9M), Chinese Taipei ($694k), Germany ($41.3k), and United Kingdom ($9.46k).
THE FASTEST GROWING Platinum Clad Metals EXPORT MARKETS FOR Japan WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum Clad Metals BY Japan WERE (2020 - 2021):
In 2021, Japan's main exporting competitors in Platinum Clad Metals were:
In 2021, Japan's main importing competitors in Platinum Clad Metals were:
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