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2022
Exports $11.4MWorld Rnk 17 / 112
Flag Rnk 754 / 1213
2022
Destination $526k China
2021 - 2022
FASTEST GROWING MARKET $526kChinese Taipei
2022
PRODUCT COMPLEXITY IN Soapstone-0.16Rnk 602 / 1025
2022
Imports $83.6MWorld Rnk 3 / 195
Flag Rnk 612 / 1214
2022
Origin $617k China
2021 - 2022
FASTEST GROWING ORIGIN $617kIndia
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $11.4M in Soapstone, making it the 17th largest exporter of Soapstone in the world. At the same year, Soapstone was the 754th most exported product in Japan. The main destination of Soapstone exports from Japan are: China ($1.98M), Thailand ($1.64M), Chinese Taipei ($1.52M), United States ($1.21M), and South Korea ($1.06M).

The fastest growing export markets for Soapstone of Japan between 2021 and 2022 were Chinese Taipei ($526k), United States ($254k), and India ($157k).

Imports In 2022, Japan imported $83.6M in Soapstone, becoming the 3rd largest importer of Soapstone in the world. At the same year, Soapstone was the 612th most imported product in Japan. Japan imports Soapstone primarily from: China ($54.7M), Australia ($5.7M), Pakistan ($5.4M), South Korea ($5.2M), and Finland ($3.41M).

The fastest growing import markets in Soapstone for Japan between 2021 and 2022 were India ($617k), Australia ($305k), and Germany ($222k).

Latest Trends

October 2024

About

Overview In October 2024 Japan's Soapstone exports accounted up to ¥116M and imports accounted up to ¥686M, resulting in a negative trade balance of ¥570M. Between October 2023 and October 2024 the exports of Japan's   Soapstone have increased by ¥639k (0.55%) from ¥116M to ¥116M, while imports decreased by ¥-453M (-39.8%) from ¥1.14B to ¥686M.

Destinations In October 2024, Soapstone were exported mostly to Thailand (¥27.3M), Chinese Taipei (¥26.8M), China (¥24.4M), Indonesia (¥6.49M), and Hong Kong (¥5.75M), and were imported mostly from China (¥451M), Pakistan (¥90.5M), South Korea (¥46.2M), United States (¥36.6M), and Finland (¥29.5M).

Growth In October 2024, the increase in Soapstone's year-by-year exports was explained primarily by an increase in exports to China (¥13.5M or 201%), Hong Kong (¥3.39M or 82%), and Poland (¥2.85M or 56.4%). In October 2024, the decrease in Soapstone's year-by-year imports was explained primarily by a decrease in imports from United States (¥-19.5M or -82.7%), India (¥-14.8M or -36.7%), and Pakistan (¥-8.01M or -16%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)¥639k(0.55%)
IMPORT GROWTH (October 2023 - October 2024)¥-453M(-39.8%)
MAIN EXPORTER (October 2024)Ōita¥39.9M
MAIN DESTINATION (October 2024)Thailand¥27.3M

This section shows Soapstone'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 Soapstone over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.4M
IMPORTS (2022)$83.6M
NET TRADE (2022)-$72.3M

In 2022, Japan exported $11.4M in Soapstone. The main destinations of Japan exports on Soapstone were China ($1.98M), Thailand ($1.64M), Chinese Taipei ($1.52M), United States ($1.21M), and South Korea ($1.06M).

In 2022, Japan imported $83.6M in Soapstone, mainly from China ($54.7M), Australia ($5.7M), Pakistan ($5.4M), South Korea ($5.2M), and Finland ($3.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soapstone EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Chinese Taipei$526k (52.7%)
United States$254k (26.5%)
India$157k (141%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soapstone BY Japan WERE (2021 - 2022):
Thailand-$261k (-13.8%)
Poland-$199k (-35%)
China-$146k (-6.85%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Soapstone were:
China $195M
United States $116M
Pakistan $113M
In 2022, Japan's main importing competitors in Soapstone were:
Germany $124M
United States $123M

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Trade Value of Soapstone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $538k
TOP IMPORT POTENTIALIndia+ $1.96M

Soapstone’s highest export potential is China. With an export gap of $538k.   Soapstone’s highest import potential is India with an import gap of $1.96M.

See methodology.

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