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2022
Exports $1.13BWorld Rnk 12 / 128
Flag Rnk 114 / 1213
2022
Destination $24.1M China
2021 - 2022
FASTEST GROWING MARKET $24.1MSouth Korea
2022
PRODUCT COMPLEXITY IN Large Flat-Rolled Stainless Steel1.05Rnk 151 / 1025
2022
Imports $760MWorld Rnk 19 / 208
Flag Rnk 172 / 1214
2022
Origin $166M China
2021 - 2022
FASTEST GROWING ORIGIN $166MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $1.13B in Large Flat-Rolled Stainless Steel, making it the 12th largest exporter of Large Flat-Rolled Stainless Steel in the world. At the same year, Large Flat-Rolled Stainless Steel was the 114th most exported product in Japan. The main destination of Large Flat-Rolled Stainless Steel exports from Japan are: China ($205M), South Korea ($175M), Thailand ($124M), India ($117M), and Chinese Taipei ($86.2M).

The fastest growing export markets for Large Flat-Rolled Stainless Steel of Japan between 2021 and 2022 were South Korea ($24.1M), India ($23.8M), and Indonesia ($13.7M).

Imports In 2022, Japan imported $760M in Large Flat-Rolled Stainless Steel, becoming the 19th largest importer of Large Flat-Rolled Stainless Steel in the world. At the same year, Large Flat-Rolled Stainless Steel was the 172nd most imported product in Japan. Japan imports Large Flat-Rolled Stainless Steel primarily from: China ($261M), South Korea ($247M), Chinese Taipei ($203M), Thailand ($31.7M), and United States ($4.48M).

The fastest growing import markets in Large Flat-Rolled Stainless Steel for Japan between 2021 and 2022 were China ($166M), Chinese Taipei ($84.7M), and Thailand ($30.1M).

COMPANIES In 2023, leading companies such as Nissan (2) and Ford Motor Company (1) were at the forefront of shipping Large Flat-Rolled Stainless Steel from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Large Flat-Rolled Stainless Steel exports accounted up to ¥12B and imports accounted up to ¥7.26B, resulting in a positive trade balance of ¥4.72B. Between June 2023 and June 2024 the exports of Japan's   Large Flat-Rolled Stainless Steel have decreased by ¥-935M (-7.24%) from ¥12.9B to ¥12B, while imports increased by ¥258M (3.68%) from ¥7B to ¥7.26B.

Destinations In June 2024, Large Flat-Rolled Stainless Steel were exported mostly to South Korea (¥2.69B), India (¥2B), Mexico (¥1.31B), Thailand (¥1.3B), and China (¥1.03B), and were imported mostly from China (¥2.91B), South Korea (¥2.32B), Chinese Taipei (¥1.81B), Indonesia (¥62.2M), and United States (¥60.4M).

Growth In June 2024, the decrease in Large Flat-Rolled Stainless Steel's year-by-year exports was explained primarily by a decrease in exports to South Korea (¥-877M or -40.4%), Singapore (¥-137M or -35.1%), and Philippines (¥-37M or -44.4%). In June 2024, the increase in Large Flat-Rolled Stainless Steel's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (¥986M or 42.4%), Thailand (¥114M or 201%), and Sweden (¥61.8M or 130%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-935M(-7.24%)
IMPORT GROWTH (June 2023 - June 2024)¥258M(3.68%)
MAIN EXPORTER (June 2024)Fukuoka¥5.62B
MAIN DESTINATION (June 2024)South Korea¥2.69B

This section shows Large Flat-Rolled Stainless Steel'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 Large Flat-Rolled Stainless Steel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.13B
IMPORTS (2022)$760M
NET TRADE (2022)$366M

In 2022, Japan exported $1.13B in Large Flat-Rolled Stainless Steel. The main destinations of Japan exports on Large Flat-Rolled Stainless Steel were China ($205M), South Korea ($175M), Thailand ($124M), India ($117M), and Chinese Taipei ($86.2M).

In 2022, Japan imported $760M in Large Flat-Rolled Stainless Steel, mainly from China ($261M), South Korea ($247M), Chinese Taipei ($203M), Thailand ($31.7M), and United States ($4.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Flat-Rolled Stainless Steel EXPORT MARKETS FOR Japan WERE (2021 - 2022):
South Korea$24.1M (16%)
India$23.8M (25.5%)
Indonesia$13.7M (19.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Flat-Rolled Stainless Steel BY Japan WERE (2021 - 2022):
China-$20.4M (-9.06%)
Chinese Taipei-$13.2M (-13.3%)
Hong Kong-$11M (-28.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Large Flat-Rolled Stainless Steel were:
China $8.91B
Indonesia $7.43B
Belgium $3.9B
In 2022, Japan's main importing competitors in Large Flat-Rolled Stainless Steel were:
Germany $4.95B
Italy $4.45B
China $3.42B

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Trade Value of Large Flat-Rolled Stainless Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $65.1M
TOP IMPORT POTENTIALChina+ $63.4M

Large Flat-Rolled Stainless Steel’s highest export potential is China. With an export gap of $65.1M.   Large Flat-Rolled Stainless Steel’s highest import potential is China with an import gap of $63.4M.

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