Salts of formic acid in Japan | The Observatory of Economic Complexity

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Pricing

2021 - 2022
FASTEST GROWING MARKET $125kIndia

2022
Origin $1.03M China

2021 - 2022
FASTEST GROWING ORIGIN $1.03MChina

2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

Image 1

Link: custom-image-1602

Image 2

Image by Bruno Cordioli
Link: https://flic.kr/p/bwAXab

Latest Trends
Historical Data

About

Exports In 2022, Japan exported N/A in Salts of formic acid, making it the 29th largest exporter of Salts of formic acid in the world. At the same year, Salts of formic acid was the 3703rd most exported product in Japan. The main destination of Salts of formic acid exports from Japan are: India ($126k), China ($104k), South Korea ($96.4k), Thailand ($6.97k), and Indonesia ($6.95k).

The fastest growing export markets for Salts of formic acid of Japan between 2021 and 2022 were India ($125k), China ($11.7k), and Mexico ($6.38k).

The fastest growing import markets in Salts of formic acid for Japan between 2021 and 2022 were China ($1.03M), Germany ($264k), and Saudi Arabia ($224k).

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 Salts of formic acid from Japan to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Japan's Salts of formic acid exports accounted up to ¥4.15M and imports accounted up to ¥20.2M, resulting in a negative trade balance of ¥16.1M. Between July 2023 and July 2024 the exports of Japan's Salts of formic acid have increased by ¥858k (26.1%) from ¥3.29M to ¥4.15M, while imports decreased by ¥-13.4M (-39.8%) from ¥33.6M to ¥20.2M.

Destinations In July 2024, Salts of formic acid were exported mostly to Chinese Taipei (¥1.76M), China (¥1.46M), and Hong Kong (¥928k), and were imported mostly from China (¥15.3M), United States (¥1.82M), Chinese Taipei (¥1.54M), and Germany (¥1.53M).

Growth In July 2024, the increase in Salts of formic acid's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the decrease in Salts of formic acid's year-by-year imports was explained primarily by a decrease in imports from Germany (¥-2.05M or -34.1%), Chinese Taipei (¥-249k or -11.8%), and United States (¥-49k or -4.34%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)¥858k(26.1%)

IMPORT GROWTH (July 2023 - July 2024)¥-13.4M(-39.8%)

MAIN EXPORTER (July 2024)Osaka¥3.55M

MAIN DESTINATION (July 2024)Chinese Taipei¥1.76M

This section shows Salts of formic acid'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 Salts of formic acid over time.

For full datasets download visit Bulk Download page.

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