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2023
Exports $438MWorld Rnk 1 / 131
Flag Rnk 209 / 1209
2023
Destination $13M United Kingdom
2022 - 2023
FASTEST GROWING MARKET $13MTurkey
2023
PRODUCT COMPLEXITY IN Asphalt Mixtures-1.43Rnk 935 / 1025
2023
Imports $18.9MWorld Rnk 22 / 208
Flag Rnk 885 / 1209
2023
Origin $88.5k Malaysia
2022 - 2023
FASTEST GROWING ORIGIN $88.5kSweden
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $438M in Asphalt Mixtures, making it the 1st largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 209th most exported product in Japan. The main destination of Asphalt Mixtures exports from Japan are: United Kingdom ($237M), Mexico ($81.5M), Brazil ($29.7M), Netherlands ($21.2M), and India ($17.2M).

The fastest growing export markets for Asphalt Mixtures of Japan between 2022 and 2023 were Turkey ($13M), South Korea ($3.18M), and Burma ($108k).

Imports In 2023, Japan imported $18.9M in Asphalt Mixtures, becoming the 22nd largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 885th most imported product in Japan. Japan imports Asphalt Mixtures primarily from: Malaysia ($14.2M), United Kingdom ($1.71M), United States ($1.44M), China ($944k), and Sweden ($441k).

The fastest growing import markets in Asphalt Mixtures for Japan between 2022 and 2023 were Sweden ($88.5k), Germany ($5.5k), and Netherlands ($1.57k).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Asphalt Mixtures exports accounted up to ¥4.14B and imports accounted up to ¥87.4M, resulting in a positive trade balance of ¥4.05B. Between November 2023 and November 2024 the exports of Japan's   Asphalt Mixtures have decreased by ¥-2.54B (-38%) from ¥6.68B to ¥4.14B, while imports decreased by ¥-218M (-71.4%) from ¥305M to ¥87.4M.

Destinations In November 2024, Asphalt Mixtures were exported mostly to United Kingdom (¥1.97B), Brazil (¥1.92B), Vietnam (¥96.9M), South Korea (¥57.1M), and China (¥46.8M), and were imported mostly from United Kingdom (¥35.5M), China (¥21.7M), United States (¥16M), and Netherlands (¥14.3M).

Growth In November 2024, the decrease in Asphalt Mixtures's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (¥-522M or -18.6%), United States (¥-361M or -69.9%), and Thailand (¥-39.7M or -59.9%). In November 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 (November 2023 - November 2024)¥-2.54B(-38%)
IMPORT GROWTH (November 2023 - November 2024)¥-218M(-71.4%)
MAIN EXPORTER (November 2024)Kagawa¥8.66B
MAIN DESTINATION (November 2024)United Kingdom¥1.97B

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 (2023)$438M
IMPORTS (2023)$18.9M
NET TRADE (2023)$420M

In 2023, Japan exported $438M in Asphalt Mixtures. The main destinations of Japan exports on Asphalt Mixtures were United Kingdom ($237M), Mexico ($81.5M), Brazil ($29.7M), Netherlands ($21.2M), and India ($17.2M).

In 2023, Japan imported $18.9M in Asphalt Mixtures, mainly from Malaysia ($14.2M), United Kingdom ($1.71M), United States ($1.44M), China ($944k), and Sweden ($441k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Turkey$13M (1%)
South Korea$3.18M (75.3%)
Burma$108k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY Japan WERE (2022 - 2023):
United Kingdom-$107M (-31.2%)
India-$98.1M (-85.1%)
Brazil-$56.4M (-65.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Asphalt Mixtures were:
United States $187M
Canada $122M
In 2023, Japan's main importing competitors in Asphalt Mixtures were:
United Kingdom $279M
United States $188M
Malaysia $117M

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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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