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2022
Exports $1.6BWorld Rnk 3 / 192
Flag Rnk 90 / 1213
2022
Destination $2.41M China
2021 - 2022
FASTEST GROWING MARKET $2.41MIndia
2022
PRODUCT COMPLEXITY IN Nonaqueous Paints0.35Rnk 423 / 1025
2022
Imports $166MWorld Rnk 27 / 225
Flag Rnk 440 / 1214
2022
Origin $9.48M United States
2021 - 2022
FASTEST GROWING ORIGIN $9.48MUnited States
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $1.6B in Nonaqueous Paints, making it the 3rd largest exporter of Nonaqueous Paints in the world. At the same year, Nonaqueous Paints was the 90th most exported product in Japan. The main destination of Nonaqueous Paints exports from Japan are: China ($545M), South Korea ($344M), Chinese Taipei ($260M), United States ($99.3M), and Thailand ($82.6M).

The fastest growing export markets for Nonaqueous Paints of Japan between 2021 and 2022 were India ($2.41M), Czechia ($1.12M), and Philippines ($933k).

Imports In 2022, Japan imported $166M in Nonaqueous Paints, becoming the 27th largest importer of Nonaqueous Paints in the world. At the same year, Nonaqueous Paints was the 440th most imported product in Japan. Japan imports Nonaqueous Paints primarily from: United States ($58M), Germany ($22.2M), South Korea ($21.5M), China ($21.3M), and Chinese Taipei ($6.3M).

The fastest growing import markets in Nonaqueous Paints for Japan between 2021 and 2022 were United States ($9.48M), Canada ($4.24M), and Belgium ($1.9M).

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

September 2024

About

Overview In September 2024 Japan's Nonaqueous Paints exports accounted up to ¥19.4B and imports accounted up to ¥2.24B, resulting in a positive trade balance of ¥17.2B. Between September 2023 and September 2024 the exports of Japan's   Nonaqueous Paints have increased by ¥2.14B (12.4%) from ¥17.3B to ¥19.4B, while imports increased by ¥494M (28.3%) from ¥1.74B to ¥2.24B.

Destinations In September 2024, Nonaqueous Paints were exported mostly to China (¥7.31B), South Korea (¥3.75B), Chinese Taipei (¥3.73B), United States (¥931M), and Thailand (¥768M), and were imported mostly from United States (¥643M), Germany (¥452M), Canada (¥246M), China (¥226M), and South Korea (¥187M).

Growth In September 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 September 2024, the increase in Nonaqueous Paints's year-by-year imports was explained primarily by an increase in imports from United States (¥382M or 62.3%), Canada (¥372M or 191%), and South Korea (¥53.7M or 27.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥2.14B(12.4%)
IMPORT GROWTH (September 2023 - September 2024)¥494M(28.3%)
MAIN EXPORTER (September 2024)Chiba¥7.51B
MAIN DESTINATION (September 2024)China¥7.31B

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 (2022)$1.6B
IMPORTS (2022)$166M
NET TRADE (2022)$1.43B

In 2022, Japan exported $1.6B in Nonaqueous Paints. The main destinations of Japan exports on Nonaqueous Paints were China ($545M), South Korea ($344M), Chinese Taipei ($260M), United States ($99.3M), and Thailand ($82.6M).

In 2022, Japan imported $166M in Nonaqueous Paints, mainly from United States ($58M), Germany ($22.2M), South Korea ($21.5M), China ($21.3M), and Chinese Taipei ($6.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nonaqueous Paints EXPORT MARKETS FOR Japan WERE (2021 - 2022):
India$2.41M (15.5%)
Czechia$1.12M (51%)
Philippines$933k (5.63%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nonaqueous Paints BY Japan WERE (2021 - 2022):
South Korea-$71.1M (-17.1%)
Hong Kong-$47.3M (-46.3%)
Chinese Taipei-$35.5M (-12%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Nonaqueous Paints were:
Germany $2.56B
United States $1.73B
In 2022, Japan's main importing competitors in Nonaqueous Paints were:
China $1.23B
United States $863M
Germany $727M

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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.

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