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2022
Exports $298MWorld Rnk 36 / 129
Flag Rnk 273 / 1213
falsefalse China
2021 - 2022
FASTEST GROWING MARKETfalseUnited States
2022
PRODUCT COMPLEXITY IN Ferroalloys-1.24Rnk 892 / 1025
2022
Imports $3.5BWorld Rnk 3 / 172
Flag Rnk 28 / 1214
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $298M in Ferroalloys, making it the 36th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 273rd most exported product in Japan. The main destination of Ferroalloys exports from Japan are: China ($104M), Chinese Taipei ($71.3M), South Korea ($37.9M), India ($23.1M), and United States ($22.1M).

The fastest growing export markets for Ferroalloys of Japan between 2021 and 2022 were United States ($10.9M), South Korea ($10.8M), and Indonesia ($1.84M).

Imports In 2022, Japan imported $3.5B in Ferroalloys, becoming the 3rd largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 28th most imported product in Japan. Japan imports Ferroalloys primarily from: Kazakhstan ($682M), China ($398M), Malaysia ($384M), Russia ($372M), and Brazil ($340M).

COMPANIES In 2023, leading companies such as DuPont (3) and Samsung (1) were at the forefront of shipping Ferroalloys from Japan to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Japan's Ferroalloys exports accounted up to ¥607M and imports accounted up to ¥25.5B, resulting in a negative trade balance of ¥24.9B. Between August 2023 and August 2024 the exports of Japan's   Ferroalloys have decreased by ¥-157M (-20.5%) from ¥764M to ¥607M, while imports increased by ¥3.02B (13.4%) from ¥22.5B to ¥25.5B.

Destinations In August 2024, Ferroalloys were exported mostly to United States (¥173M), Chinese Taipei (¥129M), Thailand (¥83.3M), Indonesia (¥49.1M), and Vietnam (¥41.6M), and were imported mostly from Kazakhstan (¥4.2B), Brazil (¥4.15B), China (¥3.58B), Malaysia (¥2.81B), and India (¥2.71B).

Growth In August 2024, the decrease in Ferroalloys's year-by-year exports was explained primarily by a decrease in exports to India (¥-437M or -84.6%), Thailand (¥-76.3M or -54.7%), and Indonesia (¥-67.1M or -59.4%). In August 2024, the increase in Ferroalloys's year-by-year imports was explained primarily by an increase in imports from Brazil (¥1.62B or 53.3%), New Caledonia (¥840M or 104%), and Kazakhstan (¥813M or 11.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥-157M(-20.5%)
IMPORT GROWTH (August 2023 - August 2024)¥3.02B(13.4%)
MAIN EXPORTER (August 2024)Aomori¥667M
MAIN DESTINATION (August 2024)United States¥173M

This section shows Ferroalloys'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 Ferroalloys over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$298M
IMPORTS (2022)$3.5B
NET TRADE (2022)-$3.2B

In 2022, Japan exported $298M in Ferroalloys. The main destinations of Japan exports on Ferroalloys were China ($104M), Chinese Taipei ($71.3M), South Korea ($37.9M), India ($23.1M), and United States ($22.1M).

In 2022, Japan imported $3.5B in Ferroalloys, mainly from Kazakhstan ($682M), China ($398M), Malaysia ($384M), Russia ($372M), and Brazil ($340M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$10.9M (96.4%)
South Korea$10.8M (39.7%)
Indonesia$1.84M (32%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Japan WERE (2021 - 2022):
China-$70M (-40.3%)
Chinese Taipei-$44.2M (-38.3%)
India-$22.3M (-49.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Ferroalloys were:
Indonesia $13.7B
South Africa $4.4B
Brazil $4.24B
In 2022, Japan's main importing competitors in Ferroalloys were:
China $19.9B
United States $4.85B

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $59.6M
N/AN/AN/A

Ferroalloys’s highest export potential is China. With an export gap of $59.6M.   Ferroalloys’s highest import potential is N/A with an import gap of N/A.

See methodology.

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