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2022
Exports $110MWorld Rnk 6 / 75
Flag Rnk 417 / 1213
2022
Destination $2.97M South Korea
2021 - 2022
FASTEST GROWING MARKET $2.97MChina
2022
PRODUCT COMPLEXITY IN Nickel Powder-0.1Rnk 583 / 1025
2022
Imports $197MWorld Rnk 4 / 117
Flag Rnk 401 / 1214
2022
Origin $47.4M Canada
2021 - 2022
FASTEST GROWING ORIGIN $47.4MCanada
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $110M in Nickel Powder, making it the 6th largest exporter of Nickel Powder in the world. At the same year, Nickel Powder was the 417th most exported product in Japan. The main destination of Nickel Powder exports from Japan are: South Korea ($88.8M), China ($5.09M), Chinese Taipei ($4.85M), Thailand ($3.43M), and Malaysia ($2.81M).

The fastest growing export markets for Nickel Powder of Japan between 2021 and 2022 were China ($2.97M), Malaysia ($830k), and Thailand ($791k).

Imports In 2022, Japan imported $197M in Nickel Powder, becoming the 4th largest importer of Nickel Powder in the world. At the same year, Nickel Powder was the 401st most imported product in Japan. Japan imports Nickel Powder primarily from: Canada ($112M), United Kingdom ($45.2M), China ($13.4M), Russia ($11.3M), and United States ($4.89M).

The fastest growing import markets in Nickel Powder for Japan between 2021 and 2022 were Canada ($47.4M), United Kingdom ($22.5M), and Russia ($10.7M).

Latest Trends

July 2024

About

Overview In July 2024 Japan's Nickel Powder exports accounted up to ¥1.84B and imports accounted up to ¥1.33B, resulting in a positive trade balance of ¥507M. Between July 2023 and July 2024 the exports of Japan's   Nickel Powder have increased by ¥397M (27.5%) from ¥1.44B to ¥1.84B, while imports decreased by ¥-1.02B (-43.4%) from ¥2.35B to ¥1.33B.

Destinations In July 2024, Nickel Powder were exported mostly to South Korea (¥1.56B), Chinese Taipei (¥90.2M), United States (¥71.4M), Thailand (¥62.4M), and China (¥27.3M), and were imported mostly from Canada (¥809M), China (¥311M), United Kingdom (¥88.8M), Germany (¥34.6M), and Belgium (¥33.9M).

Growth In July 2024, the increase in Nickel Powder's year-by-year exports was explained primarily by an increase in exports to Thailand (¥54.8M or 230%) and China (¥869k or 8.78%). In July 2024, the decrease in Nickel Powder's year-by-year imports was explained primarily by a decrease in imports from Russia (¥-141M or -70.3%), Canada (¥-50.9M or -6.42%), and United States (¥-6.43M or -13.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)¥397M(27.5%)
IMPORT GROWTH (July 2023 - July 2024)¥-1.02B(-43.4%)
MAIN EXPORTER (July 2024)Fukuoka¥1.75B
MAIN DESTINATION (July 2024)South Korea¥1.56B

This section shows Nickel Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$110M
IMPORTS (2022)$197M
NET TRADE (2022)-$87.2M

In 2022, Japan exported $110M in Nickel Powder. The main destinations of Japan exports on Nickel Powder were South Korea ($88.8M), China ($5.09M), Chinese Taipei ($4.85M), Thailand ($3.43M), and Malaysia ($2.81M).

In 2022, Japan imported $197M in Nickel Powder, mainly from Canada ($112M), United Kingdom ($45.2M), China ($13.4M), Russia ($11.3M), and United States ($4.89M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Powder EXPORT MARKETS FOR Japan WERE (2021 - 2022):
China$2.97M (139%)
Malaysia$830k (41.9%)
Thailand$791k (30%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Powder BY Japan WERE (2021 - 2022):
South Korea-$41.4M (-31.8%)
Chinese Taipei-$6.65M (-57.9%)
India-$174k (-25.4%)
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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 Powder were:
Australia $819M
Canada $510M
United Kingdom $237M
In 2022, Japan's main importing competitors in Nickel Powder were:
China $806M
South Korea $432M
United States $325M

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Trade Value of Nickel Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.64M
TOP IMPORT POTENTIALChina+ $3.22M

Nickel Powder’s highest export potential is China. With an export gap of $5.64M.   Nickel Powder’s highest import potential is China with an import gap of $3.22M.

See methodology.

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