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2023
Exports $1.31BWorld Rnk 3 / 189
Flag Rnk 103 / 1209
2023
Destination $33.9M China
2022 - 2023
FASTEST GROWING MARKET $33.9MChina
2023
PRODUCT COMPLEXITY IN Nonaqueous Paints0.25Rnk 476 / 1025
2023
Imports $176MWorld Rnk 25 / 223
Flag Rnk 401 / 1209
2023
Origin $1.44M United States
2022 - 2023
FASTEST GROWING ORIGIN $1.44MNetherlands
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $1.31B in Nonaqueous Paints, making it the 3rd largest exporter of Nonaqueous Paints in the world. At the same year, Nonaqueous Paints was the 103rd most exported product in Japan. The main destination of Nonaqueous Paints exports from Japan are: China ($515M), South Korea ($303M), Chinese Taipei ($121M), Thailand ($83.4M), and United States ($69.7M).

The fastest growing export markets for Nonaqueous Paints of Japan between 2022 and 2023 were China ($33.9M), Israel ($7.54M), and India ($2.07M).

Imports In 2023, Japan imported $176M in Nonaqueous Paints, becoming the 25th largest importer of Nonaqueous Paints in the world. At the same year, Nonaqueous Paints was the 401st most imported product in Japan. Japan imports Nonaqueous Paints primarily from: United States ($67.1M), Canada ($22M), Germany ($20.4M), China ($16.7M), and South Korea ($15.3M).

The fastest growing import markets in Nonaqueous Paints for Japan between 2022 and 2023 were Netherlands ($1.44M), France ($848k), and Finland ($830k).

COMPANIES In 2023, leading companies such as Tesla (3) were at the forefront of shipping Nonaqueous Paints from Japan to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Japan's Nonaqueous Paints exports accounted up to ¥20.6B and imports accounted up to ¥2.06B, resulting in a positive trade balance of ¥18.6B. Between November 2023 and November 2024 the exports of Japan's   Nonaqueous Paints have increased by ¥1.97B (10.5%) from ¥18.7B to ¥20.6B, while imports decreased by ¥-121M (-5.56%) from ¥2.18B to ¥2.06B.

Destinations In November 2024, Nonaqueous Paints were exported mostly to N/A, and were imported mostly from United States (¥708M), Canada (¥367M), China (¥349M), South Korea (¥153M), and Germany (¥122M).

Growth In November 2024, the increase in Nonaqueous Paints's year-by-year exports was explained primarily by an increase in exports to Singapore (¥161M or 89.6%), United States (¥109M or 16.7%), and Malaysia (¥65.4M or 47.6%). In November 2024, the decrease in Nonaqueous Paints's year-by-year imports was explained primarily by a decrease in imports from Germany (¥-138M or -45.7%), Belgium (¥-108M or -94.4%), and Chinese Taipei (¥-57.5M or -43.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥1.97B(10.5%)
IMPORT GROWTH (November 2023 - November 2024)¥-121M(-5.56%)
MAIN EXPORTER (November 2024)Chiba¥7.51B

This section shows Nonaqueous Paints'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 Nonaqueous Paints over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.31B
IMPORTS (2023)$176M
NET TRADE (2023)$1.13B

In 2023, Japan exported $1.31B in Nonaqueous Paints. The main destinations of Japan exports on Nonaqueous Paints were China ($515M), South Korea ($303M), Chinese Taipei ($121M), Thailand ($83.4M), and United States ($69.7M).

In 2023, Japan imported $176M in Nonaqueous Paints, mainly from United States ($67.1M), Canada ($22M), Germany ($20.4M), China ($16.7M), and South Korea ($15.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nonaqueous Paints EXPORT MARKETS FOR Japan WERE (2022 - 2023):
China$33.9M (7.04%)
Israel$7.54M (2.44k%)
India$2.07M (11.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nonaqueous Paints BY Japan WERE (2022 - 2023):
South Korea-$74.1M (-19.7%)
United States-$27.6M (-28.4%)
Thailand-$15.5M (-15.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Nonaqueous Paints were:
Germany $2.56B
United States $1.69B
In 2023, Japan's main importing competitors in Nonaqueous Paints were:
China $1.19B
United States $836M
Germany $773M

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Trade Value of Nonaqueous Paints by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.5M
TOP IMPORT POTENTIALChina+ $8.99M

Nonaqueous Paints’s highest export potential is United States. With an export gap of $18.5M.   Nonaqueous Paints’s highest import potential is China with an import gap of $8.99M.

See methodology.

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