2022
Exports
$1.06BWorld Rnk 3 / 149
Flag Rnk 120 / 1213
2022
PRODUCT COMPLEXITY IN Other Steel Bars
0.29Rnk 456 / 1025
2022
Imports
$122MWorld Rnk 33 / 218
Flag Rnk 519 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $1.06B in Other Steel Bars, making it the 3rd largest exporter of Other Steel Bars in the world. At the same year, Other Steel Bars was the 120th most exported product in Japan. The main destination of Other Steel Bars exports from Japan are: China ($231M), Thailand ($209M), Indonesia ($137M), Chinese Taipei ($112M), and India ($88.3M).

The fastest growing export markets for Other Steel Bars of Japan between 2021 and 2022 were Indonesia ($20.3M), India ($19.4M), and United States ($13M).

Imports In 2022, Japan imported $122M in Other Steel Bars, becoming the 33rd largest importer of Other Steel Bars in the world. At the same year, Other Steel Bars was the 519th most imported product in Japan. Japan imports Other Steel Bars primarily from: N/A.

The fastest growing import markets in Other Steel Bars for Japan between 2021 and 2022 were South Korea ($8.14M), United States ($2.92M), and France ($2.67M).

COMPANIES In 2023, leading companies such as Sumitomo Rubber (1) were at the forefront of shipping Other Steel Bars from Japan to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-611M(-5.81%)
IMPORT GROWTH (June 2023 - June 2024)¥-409M(-25.5%)
MAIN EXPORTER (June 2024)Aichi¥3.28B
MAIN DESTINATION (June 2024)Thailand¥1.72B

This section shows Other Steel Bars'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 Steel Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.06B
IMPORTS (2022)$122M
NET TRADE (2022)$940M

In 2022, Japan exported $1.06B in Other Steel Bars. The main destinations of Japan exports on Other Steel Bars were China ($231M), Thailand ($209M), Indonesia ($137M), Chinese Taipei ($112M), and India ($88.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Steel Bars EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Indonesia$20.3M (17.4%)
India$19.4M (28.2%)
United States$13M (31.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Steel Bars BY Japan WERE (2021 - 2022):
China-$30.8M (-11.7%)
Chinese Taipei-$6.38M (-5.4%)
Canada-$5M (-94%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Other Steel Bars were:
China $3.04B
Germany $1.79B
In 2022, Japan's main importing competitors in Other Steel Bars were:

Explore Visualizations

Trade Value of Other Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.2M
TOP IMPORT POTENTIALChina+ $20.2M

Other Steel Bars’s highest export potential is United States. With an export gap of $22.2M.   Other Steel Bars’s highest import potential is China with an import gap of $20.2M.

See methodology.

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