2021
Exports | Imports
$16.2M | $319MWorld Rnk 5 / 57
Flag Rnk 1722 / 4502
World Rnk 1 / 76
Flag Rnk 330 / 4531
2021
ECONOMIC COMPLEXITY of Japan
2.06Rnk 1 / 131

About

Exports In 2021, Japan exported $16.2M 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 1722nd most exported product in Japan. The main destination of Rare-earth metals, scandium and yttrium exports from Japan are: Vietnam ($11.1M), Philippines ($3.05M), China ($720k), Malaysia ($419k), and South Korea ($255k).

The fastest growing export markets for Rare-earth metals, scandium and yttrium of Japan between 2020 and 2021 were Vietnam ($3.46M), Philippines ($3.03M), and China ($702k).

Imports In 2021, Japan imported $319M in Rare-earth metals, scandium and yttrium, becoming the 1st largest importer of Rare-earth metals, scandium and yttrium in the world. At the same year, Rare-earth metals, scandium and yttrium was the 330th most imported product in Japan. Japan imports Rare-earth metals, scandium and yttrium primarily from: Vietnam ($176M), China ($100M), Thailand ($43M), United States ($123k), and Austria ($29.2k).

The fastest growing import markets in Rare-earth metals, scandium and yttrium for Japan between 2020 and 2021 were Vietnam ($71.9M), China ($45.9M), and United States ($77.9k).

Latest Trends

November 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - November 2023)¥-69.1M(-37.1%)
IMPORT GROWTH (November 2022 - November 2023)¥-2.5B(-47%)
MAIN EXPORTER (November 2023)Aichi¥342M
MAIN DESTINATION (November 2023)Vietnam¥117M

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
EXPORTS (2021)$16.2M
IMPORTS (2021)$319M
NET TRADE (2021)-$303M

In 2021, Japan exported $16.2M in Rare-earth metals, scandium and yttrium. The main destinations of Japan exports on Rare-earth metals, scandium and yttrium were Vietnam ($11.1M), Philippines ($3.05M), China ($720k), Malaysia ($419k), and South Korea ($255k).

In 2021, Japan imported $319M in Rare-earth metals, scandium and yttrium, mainly from Vietnam ($176M), China ($100M), Thailand ($43M), United States ($123k), and Austria ($29.2k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Rare-earth metals, scandium and yttrium EXPORT MARKETS FOR Japan WERE (2020 - 2021):
Vietnam$3.46M (45.2%)
Philippines$3.03M (13.1k%)
China$702k (3.91k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare-earth metals, scandium and yttrium BY Japan WERE (2020 - 2021):
United Kingdom-$338k (-100%)
Thailand-$250k (-52.5%)
United States-$102k (-50.7%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, Japan's main exporting competitors in Rare-earth metals, scandium and yttrium were:
In 2021, Japan's main importing competitors in Rare-earth metals, scandium and yttrium were:

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

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