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2023
Exports $824MWorld Rnk 3 / 130
Flag Rnk 139 / 1209
2023
Destination $97M United States
2022 - 2023
FASTEST GROWING MARKET $97MUnited States
2023
PRODUCT COMPLEXITY IN Titanium0.16Rnk 503 / 1025
2023
Imports $202MWorld Rnk 9 / 185
Flag Rnk 369 / 1209
2023
Origin $34.7M United States
2022 - 2023
FASTEST GROWING ORIGIN $34.7MUnited States
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $824M in Titanium, making it the 3rd largest exporter of Titanium in the world. At the same year, Titanium was the 139th most exported product in Japan. The main destination of Titanium exports from Japan are: United States ($390M), China ($71.5M), Germany ($64.2M), United Kingdom ($58.9M), and France ($45.9M).

The fastest growing export markets for Titanium of Japan between 2022 and 2023 were United States ($97M), Germany ($24.1M), and Singapore ($11.2M).

Imports In 2023, Japan imported $202M in Titanium, becoming the 9th largest importer of Titanium in the world. At the same year, Titanium was the 369th most imported product in Japan. Japan imports Titanium primarily from: United States ($104M), Saudi Arabia ($24.4M), China ($21.6M), Germany ($13.3M), and United Kingdom ($9.63M).

The fastest growing import markets in Titanium for Japan between 2022 and 2023 were United States ($34.7M), United Kingdom ($7.28M), and South Korea ($4.91M).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Titanium exports accounted up to ¥7.22B and imports accounted up to ¥2.72B, resulting in a positive trade balance of ¥4.5B. Between November 2023 and November 2024 the exports of Japan's   Titanium have increased by ¥632M (9.59%) from ¥6.59B to ¥7.22B, while imports increased by ¥37.5M (1.39%) from ¥2.69B to ¥2.72B.

Destinations In November 2024, Titanium were exported mostly to United States (¥4.6B), China (¥577M), United Kingdom (¥528M), Germany (¥335M), and South Korea (¥269M), and were imported mostly from United States (¥1.64B), China (¥288M), United Kingdom (¥263M), Germany (¥165M), and Chinese Taipei (¥110M).

Growth In November 2024, the increase in Titanium's year-by-year exports was explained primarily by an increase in exports to United States (¥1.7B or 95.1%), France (¥124M or 79.1%), and United Kingdom (¥114M or 37.6%). In November 2024, the increase in Titanium's year-by-year imports was explained primarily by an increase in imports from United States (¥367M or 101%), United Kingdom (¥86.2M or 1.14k%), and South Korea (¥72.7M or 367%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥632M(9.59%)
IMPORT GROWTH (November 2023 - November 2024)¥37.5M(1.39%)
MAIN EXPORTER (November 2024)Hyōgo¥5.09B
MAIN DESTINATION (November 2024)United States¥4.6B

This section shows Titanium'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 Titanium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$824M
IMPORTS (2023)$202M
NET TRADE (2023)$622M

In 2023, Japan exported $824M in Titanium. The main destinations of Japan exports on Titanium were United States ($390M), China ($71.5M), Germany ($64.2M), United Kingdom ($58.9M), and France ($45.9M).

In 2023, Japan imported $202M in Titanium, mainly from United States ($104M), Saudi Arabia ($24.4M), China ($21.6M), Germany ($13.3M), and United Kingdom ($9.63M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Titanium EXPORT MARKETS FOR Japan WERE (2022 - 2023):
United States$97M (33.1%)
Germany$24.1M (60.1%)
Singapore$11.2M (171%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Titanium BY Japan WERE (2022 - 2023):
China-$58.4M (-45%)
South Korea-$27.7M (-50.4%)
Chinese Taipei-$7.38M (-34.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Titanium were:
United States $1.99B
China $933M
In 2023, Japan's main importing competitors in Titanium were:
United States $1.06B
Germany $1.02B
France $966M

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Trade Value of Titanium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $8.52M
TOP IMPORT POTENTIALChina+ $8.51M

Titanium’s highest export potential is China. With an export gap of $8.52M.   Titanium’s highest import potential is China with an import gap of $8.51M.

See methodology.

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