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Pricing

2021 - 2022
FASTEST GROWING MARKET $4.07MVietnam
2022
Origin $254M China
2021 - 2022
FASTEST GROWING ORIGIN $254MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported N/A in Rare-earth metals, scandium and yttrium, making it the 5th largest exporter of Rare-earth metals, scandium and yttrium in the world. At the same year, Rare-earth metals, scandium and yttrium was the 1593rd most exported product in Japan. The main destination of Rare-earth metals, scandium and yttrium exports from Japan are: Vietnam ($15.1M), Philippines ($4.1M), India ($386k), South Korea ($354k), and China ($188k).

The fastest growing export markets for Rare-earth metals, scandium and yttrium of Japan between 2021 and 2022 were Vietnam ($4.07M), Philippines ($1.11M), and India ($160k).

The fastest growing import markets in Rare-earth metals, scandium and yttrium for Japan between 2021 and 2022 were China ($254M), Thailand ($35.8M), and Vietnam ($19.1M).

COMPANIES In 2023, leading companies such as Kubota (7.96k), Toyota (3.5k), and Wismettac Asian Foods (2.45k) were at the forefront of shipping Rare-earth metals, scandium and yttrium from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Rare-earth metals, scandium and yttrium exports accounted up to ¥101M and imports accounted up to ¥2.28B, resulting in a negative trade balance of ¥2.18B. Between June 2023 and June 2024 the exports of Japan's   Rare-earth metals, scandium and yttrium have decreased by ¥-323M (-76.1%) from ¥424M to ¥101M, while imports decreased by ¥-664M (-22.5%) from ¥2.95B to ¥2.28B.

Destinations In June 2024, Rare-earth metals, scandium and yttrium were exported mostly to Vietnam (¥100M) and South Korea (¥1.25M), and were imported mostly from Vietnam (¥1.43B), China (¥465M), Thailand (¥385M), and United States (¥2.07M).

Growth In June 2024, the decrease in Rare-earth metals, scandium and yttrium's year-by-year exports was explained primarily by a decrease in exports to Philippines (¥-1.27M or -3.79%). In June 2024, the decrease in Rare-earth metals, scandium and yttrium's year-by-year imports was explained primarily by a decrease in imports from Vietnam (¥-539M or -57.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-323M(-76.1%)
IMPORT GROWTH (June 2023 - June 2024)¥-664M(-22.5%)
MAIN EXPORTER (June 2024)Fukui¥100M
MAIN DESTINATION (June 2024)Vietnam¥100M

This section shows Rare-earth metals, scandium and yttrium'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 metals, scandium and yttrium over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Rare-earth metals, scandium and yttrium throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color

In N/A, Japan exported N/A in Rare-earth metals, scandium and yttrium. The main destinations of Japan exports on Rare-earth metals, scandium and yttrium were Vietnam ($15.1M), Philippines ($4.1M), India ($386k), South Korea ($354k), and China ($188k).

In N/A, Japan imported N/A in Rare-earth metals, scandium and yttrium, mainly from China ($354M), Vietnam ($195M), Thailand ($78.8M), Philippines ($289k), and United States ($106k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare-earth metals, scandium and yttrium EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Vietnam$4.07M (37%)
Philippines$1.11M (36.9%)
India$160k (70.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare-earth metals, scandium and yttrium BY Japan WERE (2021 - 2022):
China-$532k (-73.8%)
Malaysia-$294k (-70.1%)
Thailand-$227k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Rare-earth metals, scandium and yttrium were:
China $395M
Vietnam $197M
Australia $162M
In 2022, Japan's main importing competitors in Rare-earth metals, scandium and yttrium were:
Malaysia $166M
Vietnam $56.8M

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Trade Value of Rare-earth metals, scandium and yttrium by Exporters

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