Glues in Japan | The Observatory of Economic Complexity

About

Exports In 2022, Japan exported $642M in Glues, making it the 6th largest exporter of Glues in the world. At the same year, Glues was the 169th most exported product in Japan. The main destination of Glues exports from Japan are: China ($193M), South Korea ($110M), Chinese Taipei ($60.4M), Vietnam ($49.1M), and Hong Kong ($48.9M).

The fastest growing export markets for Glues of Japan between 2021 and 2022 were Vietnam ($7.2M), Netherlands ($3.17M), and Finland ($1.82M).

Imports In 2022, Japan imported $149M in Glues, becoming the 27th largest importer of Glues in the world. At the same year, Glues was the 463rd most imported product in Japan. Japan imports Glues primarily from: China ($44.6M), United States ($25.3M), South Korea ($14.5M), Vietnam ($12M), and Thailand ($10.8M).

The fastest growing import markets in Glues for Japan between 2021 and 2022 were Vietnam ($1.42M), Malaysia ($1.3M), and Germany ($1.16M).

COMPANIES In 2023, leading companies such as Toyota (21), Panasonic (4), and Givaudan Fragrances (2) were at the forefront of shipping Glues from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Glues exports accounted up to ¥6.97B and imports accounted up to ¥1.31B, resulting in a positive trade balance of ¥5.65B. Between June 2023 and June 2024 the exports of Japan's Glues have increased by ¥1.06B (17.9%) from ¥5.91B to ¥6.97B, while imports increased by ¥18.7M (1.44%) from ¥1.3B to ¥1.31B.

Destinations In June 2024, Glues were exported mostly to China (¥2.34B), South Korea (¥1.13B), Thailand (¥520M), Hong Kong (¥513M), and Chinese Taipei (¥506M), and were imported mostly from China (¥348M), United States (¥269M), Germany (¥155M), Vietnam (¥131M), and South Korea (¥110M).

Growth In June 2024, the increase in Glues's year-by-year exports was explained primarily by an increase in exports to South Korea (¥184M or 25.3%), Vietnam (¥146M or 46.6%), and United States (¥71.3M or 41.7%). In June 2024, the increase in Glues's year-by-year imports was explained primarily by an increase in imports from United States (¥95.3M or 59.6%), Vietnam (¥35.5M or 28.2%), and South Korea (¥31.5M or 41.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)¥1.06B(17.9%)

IMPORT GROWTH (June 2023 - June 2024)¥18.7M(1.44%)

MAIN EXPORTER (June 2024)Chiba¥2.29B

MAIN DESTINATION (June 2024)China¥2.34B

This section shows Glues'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 Glues over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$642M

IMPORTS (2022)$149M

NET TRADE (2022)$492M

In 2022, Japan exported $642M in Glues. The main destinations of Japan exports on Glues were China ($193M), South Korea ($110M), Chinese Taipei ($60.4M), Vietnam ($49.1M), and Hong Kong ($48.9M).

In 2022, Japan imported $149M in Glues, mainly from China ($44.6M), United States ($25.3M), South Korea ($14.5M), Vietnam ($12M), and Thailand ($10.8M).

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