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2023
Exports $99.3MWorld Rnk 8 / 137
Flag Rnk 438 / 1209
2023
Destination $4.92M United States
2022 - 2023
FASTEST GROWING MARKET $4.92MChina
2023
PRODUCT COMPLEXITY IN Other Nickel Products1.36Rnk 67 / 1025
2023
Imports $75MWorld Rnk 15 / 195
Flag Rnk 627 / 1209
2023
Origin $15.2M United States
2022 - 2023
FASTEST GROWING ORIGIN $15.2MUnited States
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $99.3M in Other Nickel Products, making it the 8th largest exporter of Other Nickel Products in the world. At the same year, Other Nickel Products was the 438th most exported product in Japan. The main destination of Other Nickel Products exports from Japan are: United States ($19.9M), China ($19.3M), South Korea ($7.23M), Poland ($7.01M), and Sweden ($6.59M).

The fastest growing export markets for Other Nickel Products of Japan between 2022 and 2023 were China ($4.92M), United Kingdom ($2.56M), and Sweden ($2.33M).

Imports In 2023, Japan imported $75M in Other Nickel Products, becoming the 15th largest importer of Other Nickel Products in the world. At the same year, Other Nickel Products was the 627th most imported product in Japan. Japan imports Other Nickel Products primarily from: United States ($37.9M), United Kingdom ($6.71M), Thailand ($4.92M), China ($4.66M), and Chinese Taipei ($2.93M).

The fastest growing import markets in Other Nickel Products for Japan between 2022 and 2023 were United States ($15.2M), Canada ($2.06M), and United Kingdom ($1.89M).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Other Nickel Products exports accounted up to ¥967M and imports accounted up to ¥995M, resulting in a negative trade balance of ¥28.5M. Between November 2023 and November 2024 the exports of Japan's   Other Nickel Products have decreased by ¥-170M (-14.9%) from ¥1.14B to ¥967M, while imports decreased by ¥-2.08M (-0.21%) from ¥997M to ¥995M.

Destinations In November 2024, Other Nickel Products were exported mostly to China (¥291M), Germany (¥105M), Thailand (¥91.9M), Chinese Taipei (¥83.5M), and South Korea (¥60.8M), and were imported mostly from United States (¥405M), United Kingdom (¥115M), China (¥85.8M), Thailand (¥68.1M), and Turkey (¥59.7M).

Growth In November 2024, the decrease in Other Nickel Products's year-by-year exports was explained primarily by a decrease in exports to Belgium (¥-79.4M or -95.3%), Spain (¥-61.2M or -99.1%), and South Korea (¥-50.2M or -57.3%). In November 2024, the decrease in Other Nickel Products's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (¥-27.5M or -43.7%), China (¥-22.3M or -32.4%), and Mexico (¥-19M or -97.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥-170M(-14.9%)
IMPORT GROWTH (November 2023 - November 2024)¥-2.08M(-0.21%)
MAIN EXPORTER (November 2024)Osaka¥577M
MAIN DESTINATION (November 2024)China¥291M

This section shows Other Nickel Products'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 Other Nickel Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$99.3M
IMPORTS (2023)$75M
NET TRADE (2023)$24.4M

In 2023, Japan exported $99.3M in Other Nickel Products. The main destinations of Japan exports on Other Nickel Products were United States ($19.9M), China ($19.3M), South Korea ($7.23M), Poland ($7.01M), and Sweden ($6.59M).

In 2023, Japan imported $75M in Other Nickel Products, mainly from United States ($37.9M), United Kingdom ($6.71M), Thailand ($4.92M), China ($4.66M), and Chinese Taipei ($2.93M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Nickel Products EXPORT MARKETS FOR Japan WERE (2022 - 2023):
China$4.92M (34.3%)
United Kingdom$2.56M (258%)
Sweden$2.33M (54.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Nickel Products BY Japan WERE (2022 - 2023):
Spain-$6.32M (-98.4%)
United States-$4.79M (-19.4%)
Chinese Taipei-$2.37M (-30.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Other Nickel Products were:
United States $1.25B
United Kingdom $306M
France $218M
In 2023, Japan's main importing competitors in Other Nickel Products were:
United States $447M
China $291M
United Kingdom $266M

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Trade Value of Other Nickel Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.6M
TOP IMPORT POTENTIALChina+ $2.1M

Other Nickel Products’s highest export potential is China. With an export gap of $4.6M.   Other Nickel Products’s highest import potential is China with an import gap of $2.1M.

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