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2022
Exports $46.9MWorld Rnk 17 / 106
Flag Rnk 555 / 1213
2022
Destination $8.72M China
2021 - 2022
FASTEST GROWING MARKET $8.72MChina
2022
PRODUCT COMPLEXITY IN Phosphoric Acid-0.58Rnk 718 / 1025
2022
Imports $52.8MWorld Rnk 23 / 191
Flag Rnk 722 / 1214
2022
Origin $18.7M China
2021 - 2022
FASTEST GROWING ORIGIN $18.7MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $46.9M in Phosphoric Acid, making it the 17th largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 555th most exported product in Japan. The main destination of Phosphoric Acid exports from Japan are: China ($20.5M), South Korea ($14M), United States ($5.64M), Singapore ($3.77M), and Chinese Taipei ($1.28M).

The fastest growing export markets for Phosphoric Acid of Japan between 2021 and 2022 were China ($8.72M), South Korea ($2.77M), and United States ($2.33M).

Imports In 2022, Japan imported $52.8M in Phosphoric Acid, becoming the 23rd largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 722nd most imported product in Japan. Japan imports Phosphoric Acid primarily from: China ($49.4M), Vietnam ($2.74M), United States ($400k), Switzerland ($83.4k), and Italy ($33.9k).

The fastest growing import markets in Phosphoric Acid for Japan between 2021 and 2022 were China ($18.7M), Vietnam ($2.06M), and United States ($318k).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Phosphoric Acid exports accounted up to ¥402M and imports accounted up to ¥608M, resulting in a negative trade balance of ¥206M. Between August 2023 and August 2024 the exports of Japan's   Phosphoric Acid have increased by ¥46.7M (13.1%) from ¥355M to ¥402M, while imports increased by ¥469M (339%) from ¥138M to ¥608M.

Destinations In August 2024, Phosphoric Acid were exported mostly to China (¥142M), South Korea (¥125M), Singapore (¥67.3M), United States (¥35.9M), and Thailand (¥12.9M), and were imported mostly from China (¥540M), Vietnam (¥54.2M), United States (¥11.1M), Italy (¥2.29M), and South Korea (¥321k).

Growth In August 2024, the increase in Phosphoric Acid's year-by-year exports was explained primarily by an increase in exports to China (¥32.1M or 50.4%), Singapore (¥12.5M or 61.2%), and South Korea (¥4.62M or 2.97%). In August 2024, the increase in Phosphoric Acid's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥46.7M(13.1%)
IMPORT GROWTH (August 2023 - August 2024)¥469M(339%)
MAIN EXPORTER (August 2024)Osaka¥335M
MAIN DESTINATION (August 2024)China¥142M

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 (2022)$46.9M
IMPORTS (2022)$52.8M
NET TRADE (2022)-$5.83M

In 2022, Japan exported $46.9M in Phosphoric Acid. The main destinations of Japan exports on Phosphoric Acid were China ($20.5M), South Korea ($14M), United States ($5.64M), Singapore ($3.77M), and Chinese Taipei ($1.28M).

In 2022, Japan imported $52.8M in Phosphoric Acid, mainly from China ($49.4M), Vietnam ($2.74M), United States ($400k), Switzerland ($83.4k), and Italy ($33.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR Japan WERE (2021 - 2022):
China$8.72M (74.3%)
South Korea$2.77M (24.7%)
United States$2.33M (70.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY Japan WERE (2021 - 2022):
Chinese Taipei-$3.33M (-72.2%)
Malaysia-$260k (-37.6%)
Netherlands-$101k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Phosphoric Acid were:
Morocco $2.29B
China $973M
Senegal $846M
In 2022, Japan's main importing competitors in Phosphoric Acid were:
India $2.91B
Pakistan $627M
Netherlands $398M

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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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