Other Precious Metal Products in Japan | The Observatory of Economic Complexity

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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

February 2024

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Overview In February 2024 Japan's Other Precious Metal Products exports accounted up to ¥5.83B and imports accounted up to ¥3.74B, resulting in a positive trade balance of ¥2.09B. Between February 2023 and February 2024 the exports of Japan's Other Precious Metal Products have decreased by ¥-324M (-5.26%) from ¥6.16B to ¥5.83B, while imports increased by ¥3.03B (423%) from ¥716M to ¥3.74B.

Destinations In February 2024, Other Precious Metal Products were exported mostly to United States (¥3.76B), China (¥575M), United Kingdom (¥306M), Singapore (¥254M), and Malaysia (¥174M), and were imported mostly from Germany (¥1.77B), United States (¥1.63B), United Kingdom (¥148M), Chinese Taipei (¥93.2M), and Switzerland (¥42M).

Growth In February 2024, the decrease in Other Precious Metal Products's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei (¥-820M or -84.2%), Malaysia (¥-676M or -55.2%), and China (¥-180M or -24.3%). In February 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)¥-324M(-5.26%)

IMPORT GROWTH (February 2023 - February 2024)¥3.03B(423%)

MAIN EXPORTER (February 2024)Chiba¥5.28B

MAIN DESTINATION (February 2024)United States¥3.76B

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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