Overview In June 2021 Ōita exported ¥75.6B and imported ¥127B, resulting in a negative trade balance of ¥51.9B. Between June 2020 and June 2021 the exports of Ōita have increased by $33.1B (78.1%) from ¥42.4B to ¥75.6B, while imports increased by ¥58.1B (83.7%) from ¥69.4B to ¥127B.
Trade In June 2021, the top exports of Ōita were Hot-Rolled Iron (¥29.6B), Refined Copper (¥16.3B), Industrial Printers (¥7.57B), Flat Flat-Rolled Steel (¥5.97B), and Passenger and Cargo Ships (¥4.15B). In June 2021 the top imports of Ōita were Copper Ore (¥43.2B), Iron Ore (¥32.8B), Refined Petroleum (¥17.1B), Coal Briquettes (¥15.2B), and Petroleum Gas (¥7.72B).
Destinations In June 2021, Ōita exported mostly to China (¥15.3B), Thailand (¥10.9B), South Korea (¥7.27B), United States (¥6.44B), and Panama (¥4.1B), and imported mostly from Australia (¥46.5B), Chile (¥17.9B), United States (¥8.96B), Canada (¥7.78B), and Panama (¥7.08B).
Growth In June 2021, the increase in Ōita's year-by-year exports was explained primarily by an increase in exports to Thailand (¥9.41B or 649%), South Korea (¥4.92B or 209%), and United States (¥3.39B or 111%), and product exports increase in Hot-Rolled Iron (¥19.3B or 189%), Refined Copper (¥7.21B or 79.2%), and Flat Flat-Rolled Steel (¥5.34B or 839%). In June 2021, the increase in Ōita's year-by-year imports was explained primarily by an increase in imports from Australia (¥24.4B or 110%), Chile (¥8.21B or 84.7%), and United States (¥5.31B or 145%), and product imports increase in Copper Ore (¥20.6B or 91.1%), Iron Ore (¥17.7B or 117%), and Refined Petroleum (¥11B or 179%).