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2023
Exports $330MWorld Rnk 1 / 103
Flag Rnk 253 / 1209
2023
Destination $21.4M United States
2022 - 2023
FASTEST GROWING MARKET $21.4MNigeria
2023
PRODUCT COMPLEXITY IN Synthetic Filament Tow-0.23Rnk 627 / 1025
2023
Imports $59MWorld Rnk 3 / 168
Flag Rnk 679 / 1209
2023
Origin $17.2M United States
2022 - 2023
FASTEST GROWING ORIGIN $17.2MUnited States
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $330M in Synthetic Filament Tow, making it the 1st largest exporter of Synthetic Filament Tow in the world. At the same year, Synthetic Filament Tow was the 253rd most exported product in Japan. The main destination of Synthetic Filament Tow exports from Japan are: United States ($84.8M), Nigeria ($51.5M), Senegal ($33.3M), Bangladesh ($26.8M), and Togo ($17.8M).

The fastest growing export markets for Synthetic Filament Tow of Japan between 2022 and 2023 were Nigeria ($21.4M), Bangladesh ($8.71M), and Germany ($8.18M).

Imports In 2023, Japan imported $59M in Synthetic Filament Tow, becoming the 3rd largest importer of Synthetic Filament Tow in the world. At the same year, Synthetic Filament Tow was the 679th most imported product in Japan. Japan imports Synthetic Filament Tow primarily from: United States ($50.7M), China ($2.51M), Malaysia ($1.94M), Thailand ($1.4M), and Mexico ($760k).

The fastest growing import markets in Synthetic Filament Tow for Japan between 2022 and 2023 were United States ($17.2M), Indonesia ($23.2k), and South Korea ($17.2k).

COMPANIES In 2023, leading companies such as Panasonic (2) were at the forefront of shipping Synthetic Filament Tow from Japan to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Japan's Synthetic Filament Tow exports accounted up to ¥2.83B and imports accounted up to ¥752M, resulting in a positive trade balance of ¥2.08B. Between November 2023 and November 2024 the exports of Japan's   Synthetic Filament Tow have decreased by ¥-999M (-26.1%) from ¥3.83B to ¥2.83B, while imports increased by ¥211M (38.9%) from ¥541M to ¥752M.

Destinations In November 2024, Synthetic Filament Tow were exported mostly to Nigeria (¥480M), Senegal (¥404M), Togo (¥277M), Bangladesh (¥228M), and Democratic Republic of the Congo (¥209M), and were imported mostly from United States (¥602M), China (¥41.3M), Malaysia (¥36.3M), Mexico (¥23.9M), and Thailand (¥18.3M).

Growth In November 2024, the decrease in Synthetic Filament Tow's year-by-year exports was explained primarily by a decrease in exports to Bangladesh (¥-198M or -59.6%), Indonesia (¥-87M or -30.9%), and Ghana (¥-66.8M or -79.8%). In November 2024, the increase in Synthetic Filament Tow's year-by-year imports was explained primarily by an increase in imports from United States (¥210M or 91.8%), United Kingdom (¥9.72M or 365%), and Thailand (¥1.67M or 22.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥-999M(-26.1%)
IMPORT GROWTH (November 2023 - November 2024)¥211M(38.9%)
MAIN EXPORTER (November 2024)Hyōgo¥4.33B
MAIN DESTINATION (November 2024)Nigeria¥480M

This section shows Synthetic Filament Tow'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 Synthetic Filament Tow over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$330M
IMPORTS (2023)$59M
NET TRADE (2023)$271M

In 2023, Japan exported $330M in Synthetic Filament Tow. The main destinations of Japan exports on Synthetic Filament Tow were United States ($84.8M), Nigeria ($51.5M), Senegal ($33.3M), Bangladesh ($26.8M), and Togo ($17.8M).

In 2023, Japan imported $59M in Synthetic Filament Tow, mainly from United States ($50.7M), China ($2.51M), Malaysia ($1.94M), Thailand ($1.4M), and Mexico ($760k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Synthetic Filament Tow EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Nigeria$21.4M (70.9%)
Bangladesh$8.71M (48.2%)
Germany$8.18M (238%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Filament Tow BY Japan WERE (2022 - 2023):
United States-$24.9M (-22.7%)
Philippines-$12.3M (-99.9%)
United Kingdom-$7.59M (-51.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Synthetic Filament Tow were:
China $104M
Thailand $90.6M
In 2023, Japan's main importing competitors in Synthetic Filament Tow were:
United States $115M
Indonesia $62.1M

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Trade Value of Synthetic Filament Tow by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4M
TOP IMPORT POTENTIALChina+ $2.79M

Synthetic Filament Tow’s highest export potential is China. With an export gap of $4M.   Synthetic Filament Tow’s highest import potential is China with an import gap of $2.79M.

See methodology.

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