2022
Exports
$284MWorld Rnk 4 / 123
Flag Rnk 281 / 1213
2022
PRODUCT COMPLEXITY IN Steel Wire
0.96Rnk 189 / 1025
2022
Imports
$135MWorld Rnk 5 / 193
Flag Rnk 497 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $284M in Steel Wire, making it the 4th largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 281st most exported product in Japan. The main destination of Steel Wire exports from Japan are: China ($52.8M), Thailand ($44.3M), United States ($37.1M), South Korea ($24.2M), and Germany ($17.7M).

The fastest growing export markets for Steel Wire of Japan between 2021 and 2022 were Czechia ($4.96M), Germany ($3.95M), and Italy ($1.53M).

Imports In 2022, Japan imported $135M in Steel Wire, becoming the 5th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 497th most imported product in Japan. Japan imports Steel Wire primarily from: South Korea ($78.5M), Chinese Taipei ($22.5M), Vietnam ($13.7M), China ($7.66M), and Brazil ($3.45M).

The fastest growing import markets in Steel Wire for Japan between 2021 and 2022 were Vietnam ($1.98M), Turkey ($1.67M), and Brazil ($863k).

COMPANIES In 2023, leading companies such as General Motors (6) and YAMAHA CORPORATION OF AMERICA (1) were at the forefront of shipping Steel Wire from Japan to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-197M(-6.23%)
IMPORT GROWTH (June 2023 - June 2024)¥70.1M(6.02%)
MAIN EXPORTER (June 2024)Osaka¥782M
MAIN DESTINATION (June 2024)Thailand¥623M

This section shows Steel Wire'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 Steel Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$284M
IMPORTS (2022)$135M
NET TRADE (2022)$149M

In 2022, Japan exported $284M in Steel Wire. The main destinations of Japan exports on Steel Wire were China ($52.8M), Thailand ($44.3M), United States ($37.1M), South Korea ($24.2M), and Germany ($17.7M).

In 2022, Japan imported $135M in Steel Wire, mainly from South Korea ($78.5M), Chinese Taipei ($22.5M), Vietnam ($13.7M), China ($7.66M), and Brazil ($3.45M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Czechia$4.96M (57.8%)
Germany$3.95M (28.6%)
Italy$1.53M (956%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY Japan WERE (2021 - 2022):
China-$8.05M (-13.2%)
South Korea-$6.79M (-21.9%)
Thailand-$6.69M (-13.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Steel Wire were:
In 2022, Japan's main importing competitors in Steel Wire were:

Explore Visualizations

Trade Value of Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.71M
TOP IMPORT POTENTIALChina+ $6.65M

Steel Wire’s highest export potential is Germany. With an export gap of $2.71M.   Steel Wire’s highest import potential is China with an import gap of $6.65M.

See methodology.

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