Mica in Japan | The Observatory of Economic Complexity

About

Exports In 2022, Japan exported $7.56M in Mica, making it the 8th largest exporter of Mica in the world. At the same year, Mica was the 812th most exported product in Japan. The main destination of Mica exports from Japan are: United States ($1.89M), Chinese Taipei ($1.14M), South Korea ($909k), China ($658k), and France ($596k).

The fastest growing export markets for Mica of Japan between 2021 and 2022 were France ($335k), Indonesia ($81.4k), and Germany ($61.9k).

Imports In 2022, Japan imported $36.9M in Mica, becoming the 2nd largest importer of Mica in the world. At the same year, Mica was the 790th most imported product in Japan. Japan imports Mica primarily from: China ($26.5M), India ($5.12M), Canada ($1.71M), Finland ($1.23M), and Vietnam ($623k).

The fastest growing import markets in Mica for Japan between 2021 and 2022 were Vietnam ($617k), Sri Lanka ($212k), and Malaysia ($149k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (4) were at the forefront of shipping Mica from Japan to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Japan's Mica exports accounted up to ¥77.8M and imports accounted up to ¥502M, resulting in a negative trade balance of ¥424M. Between October 2023 and October 2024 the exports of Japan's Mica have decreased by ¥-4.25M (-5.18%) from ¥82.1M to ¥77.8M, while imports increased by ¥19.1M (3.96%) from ¥483M to ¥502M.

Destinations In October 2024, Mica were exported mostly to United States (¥28.3M), China (¥17.2M), Chinese Taipei (¥9.96M), South Korea (¥4.81M), and Thailand (¥4.36M), and were imported mostly from China (¥333M), India (¥103M), Canada (¥32.5M), Finland (¥22.5M), and Sri Lanka (¥4.36M).

Growth In October 2024, the decrease in Mica's year-by-year exports was explained primarily by a decrease in exports to South Korea (¥-2.31M or -19.3%) and China (¥-1.24M or -41.1%). In October 2024, the increase in Mica's year-by-year imports was explained primarily by an increase in imports from China (¥183M or 81.4%), India (¥20.4M or 32.6%), and Canada (¥19.5M or 314%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)¥-4.25M(-5.18%)

IMPORT GROWTH (October 2023 - October 2024)¥19.1M(3.96%)

MAIN EXPORTER (October 2024)Aichi¥49.6M

MAIN DESTINATION (October 2024)United States¥28.3M

This section shows Mica'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 Mica over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$7.56M

IMPORTS (2022)$36.9M

NET TRADE (2022)-$29.4M

In 2022, Japan exported $7.56M in Mica. The main destinations of Japan exports on Mica were United States ($1.89M), Chinese Taipei ($1.14M), South Korea ($909k), China ($658k), and France ($596k).

In 2022, Japan imported $36.9M in Mica, mainly from China ($26.5M), India ($5.12M), Canada ($1.71M), Finland ($1.23M), and Vietnam ($623k).

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