Exports In 2022, Japan exported $35.7B in Iron & steel, making it the 3rd largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 5th most exported product in Japan. The main destination of Iron & steel exports from Japan are: South Korea ($6.54B), Thailand ($4.92B), China ($4.82B), Indonesia ($2.33B), and Vietnam ($2.24B).
The fastest growing export markets for Iron & steel of Japan between 2021 and 2022 were South Korea ($468M), Indonesia ($395M), and Italy ($314M).
Imports In 2022, Japan imported $9.65B in Iron & steel, becoming the 19th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 18th most imported product in Japan. Japan imports Iron & steel primarily from: South Korea ($3.01B), China ($1.73B), Chinese Taipei ($1.05B), Kazakhstan ($682M), and Malaysia ($418M).
The fastest growing import markets in Iron & steel for Japan between 2021 and 2022 were China ($322M), Kazakhstan ($206M), and Malaysia ($194M).
COMPANIES In 2023, leading companies such as Ford Motor Company (17), Stanley Black & Decker (15), and Nissan (11) were at the forefront of shipping Iron & steel from Japan to the United States.