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Pricing

2022
Exports $388MWorld Rnk 4 / 202
Flag Rnk 234 / 1213
2022
Destination $9.79M United States
2021 - 2022
FASTEST GROWING MARKET $9.79MUnited States
2022
PRODUCT COMPLEXITY IN Rubber Belting0.48Rnk 373 / 1025
2022
Imports $92.4MWorld Rnk 23 / 224
Flag Rnk 590 / 1214
2022
Origin $14.4M China
2021 - 2022
FASTEST GROWING ORIGIN $14.4MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $388M in Rubber Belting, making it the 4th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 234th most exported product in Japan. The main destination of Rubber Belting exports from Japan are: United States ($85.8M), China ($51.5M), Germany ($20.8M), Chinese Taipei ($20.6M), and Indonesia ($15.4M).

The fastest growing export markets for Rubber Belting of Japan between 2021 and 2022 were United States ($9.79M), Peru ($6.12M), and Chile ($5.15M).

Imports In 2022, Japan imported $92.4M in Rubber Belting, becoming the 23rd largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 590th most imported product in Japan. Japan imports Rubber Belting primarily from: China ($44.9M), Indonesia ($9.57M), Thailand ($9.37M), Germany ($6.44M), and Chinese Taipei ($6.04M).

The fastest growing import markets in Rubber Belting for Japan between 2021 and 2022 were China ($14.4M), Switzerland ($1.3M), and Chinese Taipei ($974k).

COMPANIES In 2023, leading companies such as Toyota (1.02k), CNH Industrial (1), and YAMAHA CORPORATION OF AMERICA (1) were at the forefront of shipping Rubber Belting from Japan to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Japan's Rubber Belting exports accounted up to ¥3.94B and imports accounted up to ¥1.14B, resulting in a positive trade balance of ¥2.8B. Between October 2023 and October 2024 the exports of Japan's   Rubber Belting have decreased by ¥-56.7M (-1.42%) from ¥4B to ¥3.94B, while imports increased by ¥150M (15.3%) from ¥985M to ¥1.14B.

Destinations In October 2024, Rubber Belting were exported mostly to United States (¥789M), China (¥573M), Chinese Taipei (¥270M), Germany (¥245M), and United Arab Emirates (¥215M), and were imported mostly from China (¥562M), Thailand (¥123M), Germany (¥90.5M), Indonesia (¥85.7M), and Chinese Taipei (¥58.6M).

Growth In October 2024, the decrease in Rubber Belting's year-by-year exports was explained primarily by a decrease in exports to Vietnam (¥-95.3M or -65.3%), Indonesia (¥-93.7M or -58.1%), and Malaysia (¥-59M or -75.7%). In October 2024, the increase in Rubber Belting's year-by-year imports was explained primarily by an increase in imports from China (¥40M or 11%), Thailand (¥36.1M or 62.1%), and India (¥27.6M or 351%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)¥-56.7M(-1.42%)
IMPORT GROWTH (October 2023 - October 2024)¥150M(15.3%)
MAIN EXPORTER (October 2024)Hyōgo¥1.51B
MAIN DESTINATION (October 2024)United States¥789M

This section shows Rubber Belting'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 Rubber Belting over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$388M
IMPORTS (2022)$92.4M
NET TRADE (2022)$296M

In 2022, Japan exported $388M in Rubber Belting. The main destinations of Japan exports on Rubber Belting were United States ($85.8M), China ($51.5M), Germany ($20.8M), Chinese Taipei ($20.6M), and Indonesia ($15.4M).

In 2022, Japan imported $92.4M in Rubber Belting, mainly from China ($44.9M), Indonesia ($9.57M), Thailand ($9.37M), Germany ($6.44M), and Chinese Taipei ($6.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$9.79M (12.9%)
Peru$6.12M (92.4%)
Chile$5.15M (61.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY Japan WERE (2021 - 2022):
Hong Kong-$6.84M (-37.6%)
Australia-$3.77M (-37.3%)
Chinese Taipei-$3.63M (-15%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Rubber Belting were:
China $1.52B
Germany $926M
United States $480M
In 2022, Japan's main importing competitors in Rubber Belting were:
United States $884M
Germany $562M
Canada $287M

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Trade Value of Rubber Belting by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.57M
TOP IMPORT POTENTIALChina+ $11.6M

Rubber Belting’s highest export potential is Germany. With an export gap of $5.57M.   Rubber Belting’s highest import potential is China with an import gap of $11.6M.

See methodology.

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