Exports In 2023, Japan exported $2.92B in Scrap Iron, making it the 5th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 56th most exported product in Japan. The main destination of Scrap Iron exports from Japan are: South Korea ($1.09B), Vietnam ($640M), Chinese Taipei ($468M), China ($232M), and Bangladesh ($199M).
The fastest growing export markets for Scrap Iron of Japan between 2022 and 2023 were Chinese Taipei ($135M), Bangladesh ($48.5M), and Malaysia ($37.6M).
Imports In 2023, Japan imported $136M in Scrap Iron, becoming the 37th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 462nd most imported product in Japan. Japan imports Scrap Iron primarily from: South Korea ($45M), United States ($16.5M), Chinese Taipei ($15.9M), Philippines ($14.2M), and Malaysia ($7.96M).
The fastest growing import markets in Scrap Iron for Japan between 2022 and 2023 were Germany ($3.25M), Turkey ($888k), and Italy ($621k).
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.