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Pricing

2022
Exports $880MWorld Rnk 2 / 142
Flag Rnk 151 / 4518
2022
Destination $12.9MN/A
2021 - 2022
FASTEST GROWING MARKET $12.9MUnited States
2022
Imports $179MWorld Rnk 7 / 188
Flag Rnk 560 / 4526
2022
Origin $4.55M China
2021 - 2022
FASTEST GROWING ORIGIN $4.55MThailand
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

The fastest growing export markets for Tool plates/tips/etc, sintered metal carbide & cermet of Japan between 2021 and 2022 were United States ($12.9M), India ($6.63M), and Belgium ($4.74M).

Imports In 2022, Japan imported $179M in Tool plates/tips/etc, sintered metal carbide & cermet, becoming the 7th largest importer of Tool plates/tips/etc, sintered metal carbide & cermet in the world. At the same year, Tool plates/tips/etc, sintered metal carbide & cermet was the 560th most imported product in Japan. Japan imports Tool plates/tips/etc, sintered metal carbide & cermet primarily from: China ($55.5M), Israel ($39.4M), South Korea ($22.8M), Germany ($18.1M), and Singapore ($8.62M).

The fastest growing import markets in Tool plates/tips/etc, sintered metal carbide & cermet for Japan between 2021 and 2022 were Thailand ($4.55M), Germany ($3.1M), and Spain ($881k).

COMPANIES In 2023, leading companies such as Kubota (7.96k), Toyota (3.5k), and Wismettac Asian Foods (2.45k) were at the forefront of shipping Tool plates/tips/etc, sintered metal carbide & cermet from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Tool plates/tips/etc, sintered metal carbide & cermet exports accounted up to ¥9.75B and imports accounted up to ¥1.8B, resulting in a positive trade balance of ¥7.95B. Between June 2023 and June 2024 the exports of Japan's   Tool plates/tips/etc, sintered metal carbide & cermet have increased by ¥936M (10.6%) from ¥8.81B to ¥9.75B, while imports decreased by ¥-302M (-14.4%) from ¥2.1B to ¥1.8B.

Destinations In June 2024, Tool plates/tips/etc, sintered metal carbide & cermet were exported mostly to China (¥2.44B), United States (¥1.39B), Thailand (¥783M), India (¥763M), and Germany (¥751M), and were imported mostly from Israel (¥451M), China (¥239M), Thailand (¥210M), Sweden (¥194M), and Germany (¥151M).

Growth In June 2024, the increase in Tool plates/tips/etc, sintered metal carbide & cermet's year-by-year exports was explained primarily by an increase in exports to United States (¥259M or 27.6%), Germany (¥246M or 62.6%), and Belgium (¥92.8M or 42.9%). In June 2024, the decrease in Tool plates/tips/etc, sintered metal carbide & cermet's year-by-year imports was explained primarily by a decrease in imports from China (¥-281M or -50.1%), Sweden (¥-57.5M or -27.8%), and India (¥-22.5M or -24.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥936M(10.6%)
IMPORT GROWTH (June 2023 - June 2024)¥-302M(-14.4%)
MAIN EXPORTER (June 2024)Chiba¥6.68B
MAIN DESTINATION (June 2024)China¥2.44B

This section shows Tool plates/tips/etc, sintered metal carbide & cermet'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 Tool plates/tips/etc, sintered metal carbide & cermet over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Tool plates/tips/etc, sintered metal carbide & cermet throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$880M
IMPORTS (2022)$179M
NET TRADE (2022)$701M

In 2022, Japan imported $179M in Tool plates/tips/etc, sintered metal carbide & cermet, mainly from China ($55.5M), Israel ($39.4M), South Korea ($22.8M), Germany ($18.1M), and Singapore ($8.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool plates/tips/etc, sintered metal carbide & cermet EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$12.9M (10.4%)
India$6.63M (15.1%)
Belgium$4.74M (20.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool plates/tips/etc, sintered metal carbide & cermet BY Japan WERE (2021 - 2022):
China-$45.7M (-15.8%)
Netherlands-$12.7M (-18.3%)
Germany-$10.3M (-13.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Tool plates/tips/etc, sintered metal carbide & cermet were:
Germany $1.21B
China $698M
In 2022, Japan's main importing competitors in Tool plates/tips/etc, sintered metal carbide & cermet were:
United States $879M
Netherlands $780M
Germany $615M

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Trade Value of Tool plates/tips/etc, sintered metal carbide & cermet by Exporters

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