Exports In 2022, Japan exported $3.26B in Scrap Iron, making it the 5th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 51st most exported product in Japan. The main destination of Scrap Iron exports from Japan are: South Korea ($1.69B), Vietnam ($587M), Chinese Taipei ($311M), China ($238M), and Bangladesh ($150M).
The fastest growing export markets for Scrap Iron of Japan between 2021 and 2022 were China ($27M), Bangladesh ($19.9M), and Philippines ($7.66M).
Imports In 2022, Japan imported $229M in Scrap Iron, becoming the 34th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 370th most imported product in Japan. Japan imports Scrap Iron primarily from: South Korea ($85.2M), Chinese Taipei ($44.3M), United States ($25.3M), Philippines ($16M), and Singapore ($9.09M).
The fastest growing import markets in Scrap Iron for Japan between 2021 and 2022 were Chinese Taipei ($15.5M), South Korea ($13.7M), and United States ($2.72M).
COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (3) were at the forefront of shipping Scrap Iron from Japan to the United States.