2023
Exports
$164MWorld Rnk 36 / 126
Flag Rnk 352 / 1209
2023
PRODUCT COMPLEXITY IN Ferroalloys
-1.33Rnk 905 / 1025
2023
Imports
$2.47BWorld Rnk 4 / 171
Flag Rnk 50 / 1209
2023
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $164M in Ferroalloys, making it the 36th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 352nd most exported product in Japan. The main destination of Ferroalloys exports from Japan are: China ($52.5M), Chinese Taipei ($31.6M), United States ($22.8M), South Korea ($18.6M), and Thailand ($10.1M).

The fastest growing export markets for Ferroalloys of Japan between 2022 and 2023 were Italy ($2.98M), Sweden ($1.08M), and Saudi Arabia ($882k).

Imports In 2023, Japan imported $2.47B in Ferroalloys, becoming the 4th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 50th most imported product in Japan. Japan imports Ferroalloys primarily from: Kazakhstan ($534M), Brazil ($357M), China ($253M), South Africa ($234M), and Malaysia ($216M).

The fastest growing import markets in Ferroalloys for Japan between 2022 and 2023 were Thailand ($4.62M), Chinese Taipei ($3.73M), and Sweden ($3.05M).

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

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥-31.2M(-4.61%)
IMPORT GROWTH (November 2023 - November 2024)¥4.41B(20.1%)
MAIN EXPORTER (November 2024)Aomori¥667M
MAIN DESTINATION (November 2024)United States¥218M

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 (2023)$164M
IMPORTS (2023)$2.47B
NET TRADE (2023)-$2.3B

In 2023, Japan exported $164M in Ferroalloys. The main destinations of Japan exports on Ferroalloys were China ($52.5M), Chinese Taipei ($31.6M), United States ($22.8M), South Korea ($18.6M), and Thailand ($10.1M).

In 2023, Japan imported $2.47B in Ferroalloys, mainly from Kazakhstan ($534M), Brazil ($357M), China ($253M), South Africa ($234M), and Malaysia ($216M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Italy$2.98M (199%)
Sweden$1.08M (1.09M%)
Saudi Arabia$882k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Japan WERE (2022 - 2023):
China-$60.3M (-53.5%)
Chinese Taipei-$43.9M (-58.2%)
South Korea-$23.6M (-55.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Ferroalloys were:
In 2023, Japan's main importing competitors in Ferroalloys were:

Explore Visualizations

Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $59.6M
TOP IMPORT POTENTIALIndia+ $93.4M

Ferroalloys’s highest export potential is China. With an export gap of $59.6M.   Ferroalloys’s highest import potential is India with an import gap of $93.4M.

See methodology.

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