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2022
Exports $596MWorld Rnk 4 / 121
Flag Rnk 177 / 1213
2022
Destination $17.9M Singapore
2021 - 2022
FASTEST GROWING MARKET $17.9MSingapore
2022
PRODUCT COMPLEXITY IN Other Precious Metal Products-0.036Rnk 559 / 1025
2022
Imports $130MWorld Rnk 12 / 189
Flag Rnk 506 / 1214
2022
Origin $13.9M Germany
2021 - 2022
FASTEST GROWING ORIGIN $13.9MGermany
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $596M in Other Precious Metal Products, making it the 4th largest exporter of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 177th most exported product in Japan. The main destination of Other Precious Metal Products exports from Japan are: Singapore ($141M), Malaysia ($135M), United States ($126M), China ($67.9M), and South Korea ($30.4M).

The fastest growing export markets for Other Precious Metal Products of Japan between 2021 and 2022 were Singapore ($17.9M), Bahrain ($16.7M), and New Zealand ($2.22M).

Imports In 2022, Japan imported $130M in Other Precious Metal Products, becoming the 12th largest importer of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 506th most imported product in Japan. Japan imports Other Precious Metal Products primarily from: Germany ($39.6M), United States ($22.4M), South Korea ($17.2M), Chinese Taipei ($15.9M), and United Kingdom ($14.5M).

The fastest growing import markets in Other Precious Metal Products for Japan between 2021 and 2022 were Germany ($13.9M), South Korea ($2.5M), and United Arab Emirates ($1.96M).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Other Precious Metal Products exports accounted up to ¥6.02B and imports accounted up to ¥819M, resulting in a positive trade balance of ¥5.2B. Between August 2023 and August 2024 the exports of Japan's   Other Precious Metal Products have increased by ¥565M (10.4%) from ¥5.45B to ¥6.02B, while imports increased by ¥274M (50.3%) from ¥545M to ¥819M.

Destinations In August 2024, Other Precious Metal Products were exported mostly to United States (¥2.73B), Singapore (¥993M), China (¥523M), Bahrain (¥483M), and Malaysia (¥420M), and were imported mostly from United Kingdom (¥336M), Germany (¥256M), Chinese Taipei (¥173M), Switzerland (¥35.6M), and Singapore (¥10.9M).

Growth In August 2024, the increase in Other Precious Metal Products's year-by-year exports was explained primarily by an increase in exports to United States (¥877M or 199%), Singapore (¥793M or 61.8%), and South Korea (¥442M or 236%). In August 2024, the increase in Other Precious Metal Products's year-by-year imports was explained primarily by an increase in imports from United Kingdom (¥530M or 511%), Germany (¥154M or 71.8%), and China (¥9.43M or 1.29k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥565M(10.4%)
IMPORT GROWTH (August 2023 - August 2024)¥274M(50.3%)
MAIN EXPORTER (August 2024)Chiba¥5.9B
MAIN DESTINATION (August 2024)United States¥2.73B

This section shows Other Precious Metal 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 Precious Metal Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$596M
IMPORTS (2022)$130M
NET TRADE (2022)$466M

In 2022, Japan exported $596M in Other Precious Metal Products. The main destinations of Japan exports on Other Precious Metal Products were Singapore ($141M), Malaysia ($135M), United States ($126M), China ($67.9M), and South Korea ($30.4M).

In 2022, Japan imported $130M in Other Precious Metal Products, mainly from Germany ($39.6M), United States ($22.4M), South Korea ($17.2M), Chinese Taipei ($15.9M), and United Kingdom ($14.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Precious Metal Products EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Singapore$17.9M (14.5%)
Bahrain$16.7M (178%)
New Zealand$2.22M (6.06k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Precious Metal Products BY Japan WERE (2021 - 2022):
Malaysia-$21.6M (-13.8%)
China-$17M (-20%)
Thailand-$3.49M (-18.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Other Precious Metal Products were:
Canada $1.78B
United States $1.7B
Germany $911M
In 2022, Japan's main importing competitors in Other Precious Metal Products were:
United States $4.42B
Singapore $789M
Canada $579M

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Trade Value of Other Precious Metal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $29.6M
TOP IMPORT POTENTIALUnited States+ $5.42M

Other Precious Metal Products’s highest export potential is United States. With an export gap of $29.6M.   Other Precious Metal Products’s highest import potential is United States with an import gap of $5.42M.

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