Phenols in Japan | The Observatory of Economic Complexity

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Exports In 2023, Japan exported $417M in Phenols, making it the 5th largest exporter of Phenols in the world. At the same year, Phenols was the 218th most exported product in Japan. The main destination of Phenols exports from Japan are: China ($136M), India ($61.8M), South Korea ($40.8M), United States ($38.4M), and Thailand ($27.5M).

The fastest growing export markets for Phenols of Japan between 2022 and 2023 were India ($12.8M), Cote d'Ivoire ($4.82M), and Saudi Arabia ($1.9M).

Imports In 2023, Japan imported $225M in Phenols, becoming the 7th largest importer of Phenols in the world. At the same year, Phenols was the 353rd most imported product in Japan. Japan imports Phenols primarily from: China ($61.4M), South Korea ($60.3M), Chinese Taipei ($50M), Germany ($15M), and India ($10.2M).

The fastest growing import markets in Phenols for Japan between 2022 and 2023 were Switzerland ($65.6k), Lithuania ($56k), and Hong Kong ($37.1k).

COMPANIES In 2024, leading companies such as YAMAHA CORPORATION OF AMERICA (7) and DuPont (2) were at the forefront of shipping Phenols from Japan to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Japan's Phenols exports accounted up to ¥2.94B and imports accounted up to ¥3.27B, resulting in a negative trade balance of ¥327M. Between December 2023 and December 2024 the exports of Japan's Phenols have decreased by ¥-1.69B (-36.5%) from ¥4.63B to ¥2.94B, while imports increased by ¥788M (31.8%) from ¥2.48B to ¥3.27B.

Destinations In December 2024, Phenols were exported mostly to South Korea (¥881M), China (¥783M), India (¥501M), Switzerland (¥141M), and Chinese Taipei (¥124M), and were imported mostly from Chinese Taipei (¥1.3B), South Korea (¥1.07B), China (¥723M), India (¥84.4M), and Germany (¥65.7M).

Growth In December 2024, the decrease in Phenols's year-by-year exports was explained primarily by a decrease in exports to Thailand (¥-640M or -92%), United Kingdom (¥-134M or -99.1%), and Chinese Taipei (¥-80.5M or -40.3%). In December 2024, the increase in Phenols's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (¥638M or 127%), South Korea (¥457M or 74.4%), and France (¥57.1M or 274%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)¥-1.69B(-36.5%)

IMPORT GROWTH (December 2023 - December 2024)¥788M(31.8%)

MAIN EXPORTER (December 2024)

MAIN DESTINATION (December 2024)South Korea¥881M

This section shows Phenols'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 Phenols over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$417M

IMPORTS (2023)$225M

NET TRADE (2023)$192M

In 2023, Japan exported $417M in Phenols. The main destinations of Japan exports on Phenols were China ($136M), India ($61.8M), South Korea ($40.8M), United States ($38.4M), and Thailand ($27.5M).

In 2023, Japan imported $225M in Phenols, mainly from China ($61.4M), South Korea ($60.3M), Chinese Taipei ($50M), Germany ($15M), and India ($10.2M).

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