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2022
Exports $836MWorld Rnk 1 / 131
Flag Rnk 139 / 1213
2022
Destination $344M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $344MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Asphalt Mixtures-1.14Rnk 867 / 1025
2022
Imports $22.8MWorld Rnk 18 / 210
Flag Rnk 875 / 1214
2022
Origin $18.2M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $18.2MMalaysia
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $836M in Asphalt Mixtures, making it the 1st largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 139th most exported product in Japan. The main destination of Asphalt Mixtures exports from Japan are: United Kingdom ($344M), India ($115M), Mexico ($95M), Brazil ($86.1M), and Malaysia ($61.9M).

The fastest growing export markets for Asphalt Mixtures of Japan between 2021 and 2022 were United Kingdom ($344M), India ($103M), and Mexico ($95M).

Imports In 2022, Japan imported $22.8M in Asphalt Mixtures, becoming the 18th largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 875th most imported product in Japan. Japan imports Asphalt Mixtures primarily from: Malaysia ($18.2M), United Kingdom ($2.06M), United States ($1.65M), China ($414k), and Sweden ($353k).

The fastest growing import markets in Asphalt Mixtures for Japan between 2021 and 2022 were Malaysia ($18.2M), United Kingdom ($723k), and Netherlands ($127k).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Asphalt Mixtures exports accounted up to ¥8.84B and imports accounted up to ¥378M, resulting in a positive trade balance of ¥8.46B. Between August 2023 and August 2024 the exports of Japan's   Asphalt Mixtures have increased by ¥1.02B (13.1%) from ¥7.81B to ¥8.84B, while imports decreased by ¥-53.3M (-12.3%) from ¥431M to ¥378M.

Destinations In August 2024, Asphalt Mixtures were exported mostly to India (¥4.37B), United Kingdom (¥2.31B), Brazil (¥1.97B), China (¥61M), and Thailand (¥45.9M), and were imported mostly from China (¥325M), United Kingdom (¥27.4M), United States (¥24.2M), and Germany (¥1.19M).

Growth In August 2024, the increase in Asphalt Mixtures's year-by-year exports was explained primarily by an increase in exports to India (¥2.42B or 86.5%), Chinese Taipei (¥7.25M or 190%), and Malaysia (¥4.78M or 152%). In August 2024, the decrease in Asphalt Mixtures's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥1.02B(13.1%)
IMPORT GROWTH (August 2023 - August 2024)¥-53.3M(-12.3%)
MAIN EXPORTER (August 2024)Kagawa¥8.66B
MAIN DESTINATION (August 2024)India¥4.37B

This section shows Asphalt Mixtures'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 Asphalt Mixtures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$836M
IMPORTS (2022)$22.8M
NET TRADE (2022)$813M

In 2022, Japan exported $836M in Asphalt Mixtures. The main destinations of Japan exports on Asphalt Mixtures were United Kingdom ($344M), India ($115M), Mexico ($95M), Brazil ($86.1M), and Malaysia ($61.9M).

In 2022, Japan imported $22.8M in Asphalt Mixtures, mainly from Malaysia ($18.2M), United Kingdom ($2.06M), United States ($1.65M), China ($414k), and Sweden ($353k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United Kingdom$344M (1%)
India$103M (854%)
Mexico$95M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY Japan WERE (2021 - 2022):
Russia-$5.25M (-75.9%)
Italy-$2.88M (-100%)
Singapore-$218k (-97.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Asphalt Mixtures were:
Canada $150M
United States $136M
In 2022, Japan's main importing competitors in Asphalt Mixtures were:
United Kingdom $388M
China $206M
Malaysia $199M

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Trade Value of Asphalt Mixtures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $12.5M
TOP IMPORT POTENTIALChina+ $700k

Asphalt Mixtures’s highest export potential is China. With an export gap of $12.5M.   Asphalt Mixtures’s highest import potential is China with an import gap of $700k.

See methodology.

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