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2023
Exports $1.44BWorld Rnk 6 / 143
Flag Rnk 95 / 1209
2023
Destination $20.2M China
2022 - 2023
FASTEST GROWING MARKET $20.2MIndia
2023
PRODUCT COMPLEXITY IN Reaction and Catalytic Products0.83Rnk 234 / 1025
2023
Imports $794MWorld Rnk 10 / 206
Flag Rnk 160 / 1209
2023
Origin $26M Thailand
2022 - 2023
FASTEST GROWING ORIGIN $26MUnited Arab Emirates
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $1.44B in Reaction and Catalytic Products, making it the 6th largest exporter of Reaction and Catalytic Products in the world. At the same year, Reaction and Catalytic Products was the 95th most exported product in Japan. The main destination of Reaction and Catalytic Products exports from Japan are: China ($221M), South Korea ($219M), United States ($176M), Indonesia ($160M), and Thailand ($153M).

The fastest growing export markets for Reaction and Catalytic Products of Japan between 2022 and 2023 were India ($20.2M), Hungary ($10.4M), and Turkey ($8.6M).

Imports In 2023, Japan imported $794M in Reaction and Catalytic Products, becoming the 10th largest importer of Reaction and Catalytic Products in the world. At the same year, Reaction and Catalytic Products was the 160th most imported product in Japan. Japan imports Reaction and Catalytic Products primarily from: Thailand ($391M), Indonesia ($110M), United States ($108M), China ($33.9M), and United Arab Emirates ($26.1M).

The fastest growing import markets in Reaction and Catalytic Products for Japan between 2022 and 2023 were United Arab Emirates ($26M), Australia ($6.19M), and South Korea ($4.1M).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Reaction and Catalytic Products exports accounted up to ¥17.1B and imports accounted up to ¥5.3B, resulting in a positive trade balance of ¥11.8B. Between November 2023 and November 2024 the exports of Japan's   Reaction and Catalytic Products have increased by ¥1.4B (8.89%) from ¥15.7B to ¥17.1B, while imports decreased by ¥-1.37B (-20.5%) from ¥6.67B to ¥5.3B.

Destinations In November 2024, Reaction and Catalytic Products were exported mostly to China (¥3.63B), Chinese Taipei (¥3.27B), South Korea (¥2.34B), Czechia (¥1.92B), and India (¥1.36B), and were imported mostly from Thailand (¥1.98B), China (¥1.03B), United States (¥940M), Indonesia (¥427M), and Malaysia (¥192M).

Growth In November 2024, the increase in Reaction and Catalytic Products's year-by-year exports was explained primarily by an increase in exports to South Korea (¥1.5B or 59.9%), Poland (¥894M or 487%), and Germany (¥867M or 106%). In November 2024, the decrease in Reaction and Catalytic Products's year-by-year imports was explained primarily by a decrease in imports from Thailand (¥-3.58B or -44.4%), United States (¥-405M or -38.1%), and China (¥-210M or -36.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥1.4B(8.89%)
IMPORT GROWTH (November 2023 - November 2024)¥-1.37B(-20.5%)
MAIN EXPORTER (November 2024)Kanagawa¥6.53B
MAIN DESTINATION (November 2024)China¥3.63B

This section shows Reaction and Catalytic Products'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 Reaction and Catalytic Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.44B
IMPORTS (2023)$794M
NET TRADE (2023)$650M

In 2023, Japan exported $1.44B in Reaction and Catalytic Products. The main destinations of Japan exports on Reaction and Catalytic Products were China ($221M), South Korea ($219M), United States ($176M), Indonesia ($160M), and Thailand ($153M).

In 2023, Japan imported $794M in Reaction and Catalytic Products, mainly from Thailand ($391M), Indonesia ($110M), United States ($108M), China ($33.9M), and United Arab Emirates ($26.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Reaction and Catalytic Products EXPORT MARKETS FOR Japan WERE (2022 - 2023):
India$20.2M (29%)
Hungary$10.4M (9.98k%)
Turkey$8.6M (759%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Reaction and Catalytic Products BY Japan WERE (2022 - 2023):
Chinese Taipei-$317M (-88.2%)
China-$157M (-41.5%)
United States-$121M (-40.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Reaction and Catalytic Products were:
United States $5.47B
Germany $4.46B
North Macedonia $2.78B
In 2023, Japan's main importing competitors in Reaction and Catalytic Products were:
Germany $4.4B
United States $2.28B
Mexico $2.23B

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Trade Value of Reaction and Catalytic Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $59.8M
TOP IMPORT POTENTIALUnited States+ $36.3M

Reaction and Catalytic Products’s highest export potential is China. With an export gap of $59.8M.   Reaction and Catalytic Products’s highest import potential is United States with an import gap of $36.3M.

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