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2023
Exports $9.34MWorld Rnk 21 / 107
Flag Rnk 786 / 1209
2023
Destination $373k South Korea
2022 - 2023
FASTEST GROWING MARKET $373kChinese Taipei
2023
PRODUCT COMPLEXITY IN Nitrites and Nitrates-0.12Rnk 592 / 1025
2023
Imports $43.4MWorld Rnk 10 / 181
Flag Rnk 736 / 1209
2023
Origin $538k China
2022 - 2023
FASTEST GROWING ORIGIN $538kSlovakia
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $9.34M in Nitrites and Nitrates, making it the 21st largest exporter of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 786th most exported product in Japan. The main destination of Nitrites and Nitrates exports from Japan are: South Korea ($2.69M), China ($2.45M), Indonesia ($1.07M), Chinese Taipei ($814k), and Thailand ($613k).

The fastest growing export markets for Nitrites and Nitrates of Japan between 2022 and 2023 were Chinese Taipei ($373k), China ($245k), and Vietnam ($47.7k).

Imports In 2023, Japan imported $43.4M in Nitrites and Nitrates, becoming the 10th largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 736th most imported product in Japan. Japan imports Nitrites and Nitrates primarily from: China ($28.3M), Spain ($3.58M), Norway ($2.59M), India ($2.49M), and Chile ($1.6M).

The fastest growing import markets in Nitrites and Nitrates for Japan between 2022 and 2023 were Slovakia ($538k), Germany ($134k), and Mexico ($57.7k).

Latest Trends

December 2024

About

Overview In December 2024 Japan's Nitrites and Nitrates exports accounted up to ¥107M and imports accounted up to ¥376M, resulting in a negative trade balance of ¥269M. Between December 2023 and December 2024 the exports of Japan's   Nitrites and Nitrates have increased by ¥18.6M (21%) from ¥88.5M to ¥107M, while imports decreased by ¥-242M (-39.2%) from ¥618M to ¥376M.

Destinations In December 2024, Nitrites and Nitrates were exported mostly to China (¥46.4M), Indonesia (¥17.6M), South Korea (¥15.9M), Australia (¥12.4M), and Vietnam (¥4.46M), and were imported mostly from China (¥264M), Spain (¥34.3M), India (¥25.4M), Jordan (¥22.2M), and Chile (¥15.3M).

Growth In December 2024, the increase in Nitrites and Nitrates's year-by-year exports was explained primarily by an increase in exports to China (¥22.9M or 204%), Indonesia (¥20.1M or 8.39k%), and South Korea (¥2.9M or 13.3%). In December 2024, the decrease in Nitrites and Nitrates's year-by-year imports was explained primarily by a decrease in imports from China (¥-150M or -37.8%), Norway (¥-20.1M or -97.8%), and India (¥-3.13M or -7.94%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)¥18.6M(21%)
IMPORT GROWTH (December 2023 - December 2024)¥-242M(-39.2%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)China¥46.4M

This section shows Nitrites and Nitrates'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 Nitrites and Nitrates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$9.34M
IMPORTS (2023)$43.4M
NET TRADE (2023)-$34.1M

In 2023, Japan exported $9.34M in Nitrites and Nitrates. The main destinations of Japan exports on Nitrites and Nitrates were South Korea ($2.69M), China ($2.45M), Indonesia ($1.07M), Chinese Taipei ($814k), and Thailand ($613k).

In 2023, Japan imported $43.4M in Nitrites and Nitrates, mainly from China ($28.3M), Spain ($3.58M), Norway ($2.59M), India ($2.49M), and Chile ($1.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nitrites and Nitrates EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Chinese Taipei$373k (84.4%)
China$245k (11.1%)
Vietnam$47.7k (8.93%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrites and Nitrates BY Japan WERE (2022 - 2023):
South Korea-$937k (-25.8%)
Indonesia-$932k (-46.5%)
Thailand-$392k (-39%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Nitrites and Nitrates were:
Chile $374M
China $216M
Israel $147M
In 2023, Japan's main importing competitors in Nitrites and Nitrates were:
United States $146M
Netherlands $142M
Spain $139M

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Trade Value of Nitrites and Nitrates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $500k
TOP IMPORT POTENTIALChile+ $1.44M

Nitrites and Nitrates’s highest export potential is United States. With an export gap of $500k.   Nitrites and Nitrates’s highest import potential is Chile with an import gap of $1.44M.

See methodology.

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