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2023
Exports $2.43BWorld Rnk 2 / 195
Flag Rnk 65 / 1209
2023
Destination $292M China
2022 - 2023
FASTEST GROWING MARKET $292MChina
2023
PRODUCT COMPLEXITY IN Scrap Copper-1.03Rnk 837 / 1025
2023
Imports $1.55BWorld Rnk 5 / 140
Flag Rnk 89 / 1209
2023
Origin $34.5M Thailand
2022 - 2023
FASTEST GROWING ORIGIN $34.5MUnited Kingdom
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $2.43B in Scrap Copper, making it the 2nd largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 65th most exported product in Japan. The main destination of Scrap Copper exports from Japan are: China ($2.15B), South Korea ($116M), Malaysia ($102M), Chinese Taipei ($15.4M), and Vietnam ($13.1M).

The fastest growing export markets for Scrap Copper of Japan between 2022 and 2023 were China ($292M), South Korea ($57.7M), and Vietnam ($12.2M).

Imports In 2023, Japan imported $1.55B in Scrap Copper, becoming the 5th largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 89th most imported product in Japan. Japan imports Scrap Copper primarily from: Thailand ($243M), Saudi Arabia ($169M), United States ($152M), Philippines ($127M), and United Arab Emirates ($109M).

The fastest growing import markets in Scrap Copper for Japan between 2022 and 2023 were United Kingdom ($34.5M), Saudi Arabia ($28.1M), and Jordan ($9.5M).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Scrap Copper exports accounted up to ¥36.5B and imports accounted up to ¥24.9B, resulting in a positive trade balance of ¥11.6B. Between November 2023 and November 2024 the exports of Japan's   Scrap Copper have decreased by ¥-98.3M (-0.27%) from ¥36.6B to ¥36.5B, while imports increased by ¥10.5B (72.5%) from ¥14.4B to ¥24.9B.

Destinations In November 2024, Scrap Copper were exported mostly to China (¥33.7B), Malaysia (¥1.21B), South Korea (¥736M), Thailand (¥315M), and Chinese Taipei (¥273M), and were imported mostly from Thailand (¥3.41B), Philippines (¥2.78B), Saudi Arabia (¥2.61B), Chinese Taipei (¥2.08B), and Nigeria (¥1.91B).

Growth In November 2024, the decrease in Scrap Copper's year-by-year exports was explained primarily by a decrease in exports to Malaysia (¥-403M or -34.1%), China (¥-390M or -3.24%), and Hong Kong (¥-388M or -93.2%). In November 2024, the increase in Scrap Copper's year-by-year imports was explained primarily by an increase in imports from United Arab Emirates (¥1.1B or 406%), United States (¥855M or 56%), and United Kingdom (¥716M or 531%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥-98.3M(-0.27%)
IMPORT GROWTH (November 2023 - November 2024)¥10.5B(72.5%)
MAIN EXPORTER (November 2024)Kanagawa¥18.6B
MAIN DESTINATION (November 2024)China¥33.7B

This section shows Scrap Copper'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 Scrap Copper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.43B
IMPORTS (2023)$1.55B
NET TRADE (2023)$886M

In 2023, Japan exported $2.43B in Scrap Copper. The main destinations of Japan exports on Scrap Copper were China ($2.15B), South Korea ($116M), Malaysia ($102M), Chinese Taipei ($15.4M), and Vietnam ($13.1M).

In 2023, Japan imported $1.55B in Scrap Copper, mainly from Thailand ($243M), Saudi Arabia ($169M), United States ($152M), Philippines ($127M), and United Arab Emirates ($109M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR Japan WERE (2022 - 2023):
China$292M (15.7%)
South Korea$57.7M (98.3%)
Vietnam$12.2M (1.34k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY Japan WERE (2022 - 2023):
Hong Kong-$18.9M (-71.7%)
Malaysia-$12.6M (-11%)
Singapore-$9.1M (-44.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Scrap Copper were:
United States $4.68B
Germany $2.27B
In 2023, Japan's main importing competitors in Scrap Copper were:
China $12.5B
Germany $3.14B
India $1.63B

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Trade Value of Scrap Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $28.3M
TOP IMPORT POTENTIALUnited States+ $24.4M

Scrap Copper’s highest export potential is South Korea. With an export gap of $28.3M.   Scrap Copper’s highest import potential is United States with an import gap of $24.4M.

See methodology.

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