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2022
Exports $24MWorld Rnk 5 / 79
Flag Rnk 661 / 1213
2022
Destination $2.23M South Korea
2021 - 2022
FASTEST GROWING MARKET $2.23MSouth Korea
2022
Imports $15.4MWorld Rnk 7 / 156
Flag Rnk 930 / 1214
2022
Origin $14.1k China
2021 - 2022
FASTEST GROWING ORIGIN $14.1kAustria
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $24M in Magnesium Hydroxide and Peroxide, making it the 5th largest exporter of Magnesium Hydroxide and Peroxide in the world. At the same year, Magnesium Hydroxide and Peroxide was the 661st most exported product in Japan. The main destination of Magnesium Hydroxide and Peroxide exports from Japan are: South Korea ($11.4M), China ($3.14M), Thailand ($1.25M), Vietnam ($1.25M), and Indonesia ($1.06M).

The fastest growing export markets for Magnesium Hydroxide and Peroxide of Japan between 2021 and 2022 were South Korea ($2.23M), China ($661k), and Germany ($607k).

Imports In 2022, Japan imported $15.4M in Magnesium Hydroxide and Peroxide, becoming the 7th largest importer of Magnesium Hydroxide and Peroxide in the world. At the same year, Magnesium Hydroxide and Peroxide was the 930th most imported product in Japan. Japan imports Magnesium Hydroxide and Peroxide primarily from: China ($14.7M), Austria ($642k), United States ($27.1k), Malaysia ($21.7k), and Germany ($3.12k).

The fastest growing import markets in Magnesium Hydroxide and Peroxide for Japan between 2021 and 2022 were Austria ($14.1k), South Korea ($1.8k), and Germany ($1.29k).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Magnesium Hydroxide and Peroxide exports accounted up to ¥343M and imports accounted up to ¥107M, resulting in a positive trade balance of ¥236M. Between June 2023 and June 2024 the exports of Japan's   Magnesium Hydroxide and Peroxide have increased by ¥10.9M (3.29%) from ¥332M to ¥343M, while imports increased by ¥41.4M (63.4%) from ¥65.3M to ¥107M.

Destinations In June 2024, Magnesium Hydroxide and Peroxide were exported mostly to South Korea (¥132M), China (¥116M), United States (¥16.7M), Vietnam (¥16.1M), and Indonesia (¥13.4M), and were imported mostly from China (¥105M), South Korea (¥1M), and United States (¥214k).

Growth In June 2024, the increase in Magnesium Hydroxide and Peroxide's year-by-year exports was explained primarily by an increase in exports to China (¥5.94M or 67.5%), Vietnam (¥5.33M or 951%), and United States (¥1.09M or 24.6%). In June 2024, the increase in Magnesium Hydroxide and Peroxide's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥10.9M(3.29%)
IMPORT GROWTH (June 2023 - June 2024)¥41.4M(63.4%)
MAIN EXPORTER (June 2024)Hyōgo¥176M
MAIN DESTINATION (June 2024)South Korea¥132M

This section shows Magnesium Hydroxide and Peroxide'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 Magnesium Hydroxide and Peroxide over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24M
IMPORTS (2022)$15.4M
NET TRADE (2022)$8.51M

In 2022, Japan exported $24M in Magnesium Hydroxide and Peroxide. The main destinations of Japan exports on Magnesium Hydroxide and Peroxide were South Korea ($11.4M), China ($3.14M), Thailand ($1.25M), Vietnam ($1.25M), and Indonesia ($1.06M).

In 2022, Japan imported $15.4M in Magnesium Hydroxide and Peroxide, mainly from China ($14.7M), Austria ($642k), United States ($27.1k), Malaysia ($21.7k), and Germany ($3.12k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Hydroxide and Peroxide EXPORT MARKETS FOR Japan WERE (2021 - 2022):
South Korea$2.23M (24.4%)
China$661k (26.7%)
Germany$607k (259%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Hydroxide and Peroxide BY Japan WERE (2021 - 2022):
United States-$459k (-32.4%)
Indonesia-$431k (-29%)
Vietnam-$241k (-16.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Magnesium Hydroxide and Peroxide were:
China $58.1M
Russia $49.1M
Netherlands $35.4M
In 2022, Japan's main importing competitors in Magnesium Hydroxide and Peroxide were:
United States $33.1M
China $29.1M
South Korea $25.2M

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Trade Value of Magnesium Hydroxide and Peroxide by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $726k
TOP IMPORT POTENTIALAustria+ $78.5k

Magnesium Hydroxide and Peroxide’s highest export potential is China. With an export gap of $726k.   Magnesium Hydroxide and Peroxide’s highest import potential is Austria with an import gap of $78.5k.

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