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2023
Exports $8.7MWorld Rnk 9 / 69
Flag Rnk 796 / 1209
2023
Destination $635k South Korea
2022 - 2023
FASTEST GROWING MARKET $635kIndia
2023
Imports $17.6MWorld Rnk 9 / 146
Flag Rnk 903 / 1209
2023
Origin $128k China
2022 - 2023
FASTEST GROWING ORIGIN $128kThailand
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $8.7M in Chromium Oxides and Hydroxides, making it the 9th largest exporter of Chromium Oxides and Hydroxides in the world. At the same year, Chromium Oxides and Hydroxides was the 796th most exported product in Japan. The main destination of Chromium Oxides and Hydroxides exports from Japan are: South Korea ($4.98M), India ($1.42M), Chinese Taipei ($682k), Indonesia ($471k), and Austria ($338k).

The fastest growing export markets for Chromium Oxides and Hydroxides of Japan between 2022 and 2023 were India ($635k), China ($147k), and Hong Kong ($19k).

Imports In 2023, Japan imported $17.6M in Chromium Oxides and Hydroxides, becoming the 9th largest importer of Chromium Oxides and Hydroxides in the world. At the same year, Chromium Oxides and Hydroxides was the 903rd most imported product in Japan. Japan imports Chromium Oxides and Hydroxides primarily from: China ($7.6M), Kazakhstan ($3.4M), United States ($2.55M), Germany ($1.88M), and Turkey ($1.44M).

The fastest growing import markets in Chromium Oxides and Hydroxides for Japan between 2022 and 2023 were Thailand ($128k), Singapore ($67.4k), and South Africa ($1.91k).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Chromium Oxides and Hydroxides exports accounted up to ¥69.6M and imports accounted up to ¥112M, resulting in a negative trade balance of ¥42.8M. Between November 2023 and November 2024 the exports of Japan's   Chromium Oxides and Hydroxides have decreased by ¥-20.8M (-23%) from ¥90.4M to ¥69.6M, while imports decreased by ¥-36.8M (-24.7%) from ¥149M to ¥112M.

Destinations In November 2024, Chromium Oxides and Hydroxides were exported mostly to South Korea (¥35.7M), India (¥11.5M), Thailand (¥11.5M), Indonesia (¥10.4M), and Hong Kong (¥345k), and were imported mostly from China (¥64.1M), Germany (¥23.2M), Turkey (¥21.6M), United States (¥2.93M), and Spain (¥539k).

Growth In November 2024, the decrease in Chromium Oxides and Hydroxides's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei (¥-29.9M or -92.9%), Thailand (¥-6.25M or -76.6%), and South Korea (¥-6.16M or -12.3%). In November 2024, the decrease in Chromium Oxides and Hydroxides's year-by-year imports was explained primarily by a decrease in imports from China (¥-38M or -34.9%) and United States (¥-9.48M or -24.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥-20.8M(-23%)
IMPORT GROWTH (November 2023 - November 2024)¥-36.8M(-24.7%)
MAIN EXPORTER (November 2024)Yamaguchi¥140M
MAIN DESTINATION (November 2024)South Korea¥35.7M

This section shows Chromium Oxides and Hydroxides'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 Chromium Oxides and Hydroxides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8.7M
IMPORTS (2023)$17.6M
NET TRADE (2023)-$8.87M

In 2023, Japan exported $8.7M in Chromium Oxides and Hydroxides. The main destinations of Japan exports on Chromium Oxides and Hydroxides were South Korea ($4.98M), India ($1.42M), Chinese Taipei ($682k), Indonesia ($471k), and Austria ($338k).

In 2023, Japan imported $17.6M in Chromium Oxides and Hydroxides, mainly from China ($7.6M), Kazakhstan ($3.4M), United States ($2.55M), Germany ($1.88M), and Turkey ($1.44M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chromium Oxides and Hydroxides EXPORT MARKETS FOR Japan WERE (2022 - 2023):
India$635k (80.5%)
China$147k (169%)
Hong Kong$19k (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chromium Oxides and Hydroxides BY Japan WERE (2022 - 2023):
Chinese Taipei-$878k (-56.3%)
South Korea-$795k (-13.8%)
Thailand-$201k (-43.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Chromium Oxides and Hydroxides were:
Kazakhstan $266M
China $61.5M
United States $38.6M
In 2023, Japan's main importing competitors in Chromium Oxides and Hydroxides were:
Estonia $115M
Hong Kong $46.3M
Belgium $42.8M

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Trade Value of Chromium Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $156k
TOP IMPORT POTENTIALIndia+ $587k

Chromium Oxides and Hydroxides’s highest export potential is India. With an export gap of $156k.   Chromium Oxides and Hydroxides’s highest import potential is India with an import gap of $587k.

See methodology.

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