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2022
Exports $1.09BWorld Rnk 11 / 162
Flag Rnk 38 / 96
2022
Destination $53.5M China
2021 - 2022
FASTEST GROWING MARKET $53.5MUnited States
2022
PRODUCT COMPLEXITY IN Nickel articles1.47Rnk 61 / 1025
2022
Imports $4.39BWorld Rnk 3 / 206
Flag Rnk 30 / 96
2022
Origin $266M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $266MIndonesia
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $1.09B in Nickel articles, making it the 11th largest exporter of Nickel articles in the world. At the same year, Nickel articles was the 38th most exported product in Japan. The main destination of Nickel articles exports from Japan are: China ($263M), South Korea ($188M), United States ($128M), India ($89.6M), and Chinese Taipei ($74.7M).

The fastest growing export markets for Nickel articles of Japan between 2021 and 2022 were United States ($53.5M), China ($37.5M), and Germany ($23.1M).

Imports In 2022, Japan imported $4.39B in Nickel articles, becoming the 3rd largest importer of Nickel articles in the world. At the same year, Nickel articles was the 30th most imported product in Japan. Japan imports Nickel articles primarily from: Indonesia ($1.22B), Philippines ($935M), Australia ($575M), Madagascar ($374M), and Canada ($306M).

The fastest growing import markets in Nickel articles for Japan between 2021 and 2022 were Indonesia ($266M), Philippines ($223M), and Madagascar ($185M).

COMPANIES In 2023, leading companies such as Yokohama Industries (24) and YAMAHA CORPORATION OF AMERICA (1) were at the forefront of shipping Nickel articles from Japan to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Japan's Nickel articles exports accounted up to ¥12.4B and imports accounted up to ¥55.7B, resulting in a negative trade balance of ¥43.4B. Between October 2023 and October 2024 the exports of Japan's   Nickel articles have decreased by ¥-4.65B (-27.3%) from ¥17B to ¥12.4B, while imports increased by ¥3.95B (7.63%) from ¥51.8B to ¥55.7B.

Destinations In October 2024, Nickel articles were exported mostly to South Korea (¥2.54B), United States (¥2.06B), China (¥2.04B), India (¥1.27B), and Netherlands (¥657M), and were imported mostly from Australia (¥19.1B), Indonesia (¥16.6B), Philippines (¥9.92B), United States (¥2.55B), and Canada (¥1.71B).

Growth In October 2024, the decrease in Nickel articles's year-by-year exports was explained primarily by a decrease in exports to South Korea (¥-247M or -11.1%), Spain (¥-82.6M or -99.3%), and Switzerland (¥-77.7M or -98%). In October 2024, the increase in Nickel articles's year-by-year imports was explained primarily by an increase in imports from Indonesia (¥10.1B or 96.2%), Philippines (¥7.37B or 102%), and Finland (¥2.43B or 1.11k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)¥-4.65B(-27.3%)
IMPORT GROWTH (October 2023 - October 2024)¥3.95B(7.63%)
MAIN EXPORTER (October 2024)Hyōgo¥7.83B
MAIN DESTINATION (October 2024)South Korea¥2.54B

This section shows Nickel articles'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 Nickel articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.09B
IMPORTS (2022)$4.39B
NET TRADE (2022)-$3.31B

In 2022, Japan exported $1.09B in Nickel articles. The main destinations of Japan exports on Nickel articles were China ($263M), South Korea ($188M), United States ($128M), India ($89.6M), and Chinese Taipei ($74.7M).

In 2022, Japan imported $4.39B in Nickel articles, mainly from Indonesia ($1.22B), Philippines ($935M), Australia ($575M), Madagascar ($374M), and Canada ($306M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel articles EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$53.5M (72.1%)
China$37.5M (16.6%)
Germany$23.1M (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel articles BY Japan WERE (2021 - 2022):
South Korea-$22.8M (-10.8%)
Netherlands-$10.5M (-36.2%)
Indonesia-$9.59M (-36.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Nickel articles were:
Indonesia $6.3B
Canada $5.49B
Russia $4.87B
In 2022, Japan's main importing competitors in Nickel articles were:
China $12.8B
United States $4.52B

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Trade Value of Nickel articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $41.3M
TOP IMPORT POTENTIALChina+ $27.6M

Nickel articles’s highest export potential is China. With an export gap of $41.3M.   Nickel articles’s highest import potential is China with an import gap of $27.6M.

See methodology.

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