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2023
Exports $35.5MWorld Rnk 18 / 101
Flag Rnk 592 / 1209
2023
Destination $455k China
2022 - 2023
FASTEST GROWING MARKET $455kSingapore
2023
PRODUCT COMPLEXITY IN Phosphoric Acid-0.67Rnk 754 / 1025
2023
Imports $36.6MWorld Rnk 22 / 190
Flag Rnk 760 / 1209
2023
Origin $501k China
2022 - 2023
FASTEST GROWING ORIGIN $501kVietnam
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $35.5M in Phosphoric Acid, making it the 18th largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 592nd most exported product in Japan. The main destination of Phosphoric Acid exports from Japan are: China ($12.4M), South Korea ($11.8M), Singapore ($4.46M), United States ($3.59M), and Malaysia ($1.16M).

The fastest growing export markets for Phosphoric Acid of Japan between 2022 and 2023 were Singapore ($455k), Brunei ($21.7k), and Canada ($12.9k).

Imports In 2023, Japan imported $36.6M in Phosphoric Acid, becoming the 22nd largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 760th most imported product in Japan. Japan imports Phosphoric Acid primarily from: China ($32.5M), Vietnam ($3.37M), United States ($314k), South Korea ($159k), and Switzerland ($43.4k).

The fastest growing import markets in Phosphoric Acid for Japan between 2022 and 2023 were Vietnam ($501k), South Korea ($153k), and United States ($117k).

Latest Trends

December 2024

About

Overview In December 2024 Japan's Phosphoric Acid exports accounted up to ¥381M and imports accounted up to ¥119M, resulting in a positive trade balance of ¥261M. Between December 2023 and December 2024 the exports of Japan's   Phosphoric Acid have increased by ¥42.2M (12.5%) from ¥339M to ¥381M, while imports decreased by ¥-4.53M (-3.66%) from ¥124M to ¥119M.

Destinations In December 2024, Phosphoric Acid were exported mostly to China (¥222M), South Korea (¥99.4M), Singapore (¥21.7M), United States (¥17.5M), and Chinese Taipei (¥17.2M), and were imported mostly from China (¥89.1M), Vietnam (¥29.6M), and Switzerland (¥631k).

Growth In December 2024, the increase in Phosphoric Acid's year-by-year exports was explained primarily by an increase in exports to Malaysia (¥12.6M or 5.66k%), United States (¥6.71M or 99.6%), and China (¥5.11M or 5.34%). In December 2024, the decrease in Phosphoric Acid's year-by-year imports was explained primarily by a decrease in imports from China (¥-36.8M or -8.75%) and Vietnam (¥-4.51M or -31.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)¥42.2M(12.5%)
IMPORT GROWTH (December 2023 - December 2024)¥-4.53M(-3.66%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)China¥222M

This section shows Phosphoric Acid'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 Phosphoric Acid over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$35.5M
IMPORTS (2023)$36.6M
NET TRADE (2023)-$1.05M

In 2023, Japan exported $35.5M in Phosphoric Acid. The main destinations of Japan exports on Phosphoric Acid were China ($12.4M), South Korea ($11.8M), Singapore ($4.46M), United States ($3.59M), and Malaysia ($1.16M).

In 2023, Japan imported $36.6M in Phosphoric Acid, mainly from China ($32.5M), Vietnam ($3.37M), United States ($314k), South Korea ($159k), and Switzerland ($43.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Singapore$455k (11.4%)
Brunei$21.7k (1%)
Canada$12.9k (1.37k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY Japan WERE (2022 - 2023):
China-$7.23M (-36.9%)
United States-$2.53M (-41.4%)
South Korea-$1.52M (-11.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Phosphoric Acid were:
Morocco $1.41B
China $708M
Jordan $706M
In 2023, Japan's main importing competitors in Phosphoric Acid were:
India $2.44B
United States $454M
Pakistan $300M

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.19M
TOP IMPORT POTENTIALVietnam+ $1.36M

Phosphoric Acid’s highest export potential is United States. With an export gap of $2.19M.   Phosphoric Acid’s highest import potential is Vietnam with an import gap of $1.36M.

See methodology.

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