2022
Exports
$251MWorld Rnk 5 / 80
Flag Rnk 298 / 1213
2022
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.68Rnk 287 / 1025
2022
Imports
$488MWorld Rnk 2 / 144
Flag Rnk 231 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $251M in Rare-Earth Metal Compounds, making it the 5th largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 298th most exported product in Japan. The main destination of Rare-Earth Metal Compounds exports from Japan are: Philippines ($39.5M), United States ($39M), Chinese Taipei ($32.9M), South Korea ($32.9M), and Vietnam ($30.2M).

The fastest growing export markets for Rare-Earth Metal Compounds of Japan between 2021 and 2022 were China ($18.8M), Philippines ($17.4M), and Germany ($7.08M).

Imports In 2022, Japan imported $488M in Rare-Earth Metal Compounds, becoming the 2nd largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 231st most imported product in Japan. Japan imports Rare-Earth Metal Compounds primarily from: China ($299M), Malaysia ($101M), France ($47.7M), India ($13.1M), and Philippines ($7.85M).

The fastest growing import markets in Rare-Earth Metal Compounds for Japan between 2021 and 2022 were China ($87.4M), Malaysia ($69.4M), and France ($12.6M).

COMPANIES In 2023, leading companies such as Xerox (2) were at the forefront of shipping Rare-Earth Metal Compounds from Japan to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)¥-282M(-9.73%)
IMPORT GROWTH (July 2023 - July 2024)¥342M(14.6%)
MAIN EXPORTER (July 2024)Fukui¥1.06B
MAIN DESTINATION (July 2024)Vietnam¥526M

This section shows Rare-Earth Metal Compounds'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 Rare-Earth Metal Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$251M
IMPORTS (2022)$488M
NET TRADE (2022)-$237M

In 2022, Japan exported $251M in Rare-Earth Metal Compounds. The main destinations of Japan exports on Rare-Earth Metal Compounds were Philippines ($39.5M), United States ($39M), Chinese Taipei ($32.9M), South Korea ($32.9M), and Vietnam ($30.2M).

In 2022, Japan imported $488M in Rare-Earth Metal Compounds, mainly from China ($299M), Malaysia ($101M), France ($47.7M), India ($13.1M), and Philippines ($7.85M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR Japan WERE (2021 - 2022):
China$18.8M (177%)
Philippines$17.4M (79%)
Germany$7.08M (512%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare-Earth Metal Compounds BY Japan WERE (2021 - 2022):
Chinese Taipei-$4.54M (-12.1%)
Singapore-$2.98M (-56.7%)
Vietnam-$2.2M (-6.78%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Rare-Earth Metal Compounds were:
In 2022, Japan's main importing competitors in Rare-Earth Metal Compounds were:
China $1.48B

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Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $15.1M
TOP IMPORT POTENTIALIndia+ $4.33M

Rare-Earth Metal Compounds’s highest export potential is China. With an export gap of $15.1M.   Rare-Earth Metal Compounds’s highest import potential is India with an import gap of $4.33M.

See methodology.

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