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2023
Exports $17.2MWorld Rnk 5 / 73
Flag Rnk 697 / 1209
2023
Destination $569k China
2022 - 2023
FASTEST GROWING MARKET $569kThailand
2023
PRODUCT COMPLEXITY IN Platinum Clad Metals-0.52Rnk 712 / 1025
2023
Imports $137MWorld Rnk 1 / 101
Flag Rnk 459 / 1209
2023
Origin $109k Malaysia
2022 - 2023
FASTEST GROWING ORIGIN $109kItaly
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $17.2M in Platinum Clad Metals, making it the 5th largest exporter of Platinum Clad Metals in the world. At the same year, Platinum Clad Metals was the 697th most exported product in Japan. The main destination of Platinum Clad Metals exports from Japan are: China ($12M), Hong Kong ($2.69M), Philippines ($880k), Thailand ($586k), and Singapore ($431k).

The fastest growing export markets for Platinum Clad Metals of Japan between 2022 and 2023 were Thailand ($569k), Singapore ($393k), and Philippines ($263k).

Imports In 2023, Japan imported $137M in Platinum Clad Metals, becoming the 1st largest importer of Platinum Clad Metals in the world. At the same year, Platinum Clad Metals was the 459th most imported product in Japan. Japan imports Platinum Clad Metals primarily from: Malaysia ($136M), Philippines ($1.1M), Italy ($109k), Germany ($5.04k), and United Kingdom ($3.6k).

The fastest growing import markets in Platinum Clad Metals for Japan between 2022 and 2023 were Italy ($109k), United Kingdom ($3.6k), and France ($2.34k).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Platinum Clad Metals exports accounted up to ¥136M and imports accounted up to ¥728k, resulting in a positive trade balance of ¥135M. Between November 2023 and November 2024 the exports of Japan's   Platinum Clad Metals have decreased by ¥-21.6M (-13.7%) from ¥157M to ¥136M, while imports increased by ¥172k (30.9%) from ¥556k to ¥728k.

Destinations In November 2024, Platinum Clad Metals were exported mostly to China (¥94.4M), Hong Kong (¥22.9M), Switzerland (¥13.4M), Malaysia (¥4.69M), and Thailand (¥211k), and were imported mostly from Germany (¥728k).

Growth In November 2024, the decrease in Platinum Clad Metals's year-by-year exports was explained primarily by a decrease in exports to China (¥-45.7M or -47.8%) and Hong Kong (¥-18.4M or -64.6%). In November 2024, the increase in Platinum Clad Metals's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥-21.6M(-13.7%)
IMPORT GROWTH (September 2021 - November 2024)¥172k(30.9%)
MAIN EXPORTER (November 2024)Chiba¥146M
MAIN DESTINATION (November 2024)China¥94.4M

This section shows Platinum Clad Metals'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 Platinum Clad Metals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$17.2M
IMPORTS (2023)$137M
NET TRADE (2023)-$120M

In 2023, Japan exported $17.2M in Platinum Clad Metals. The main destinations of Japan exports on Platinum Clad Metals were China ($12M), Hong Kong ($2.69M), Philippines ($880k), Thailand ($586k), and Singapore ($431k).

In 2023, Japan imported $137M in Platinum Clad Metals, mainly from Malaysia ($136M), Philippines ($1.1M), Italy ($109k), Germany ($5.04k), and United Kingdom ($3.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Platinum Clad Metals EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Thailand$569k (3.23k%)
Singapore$393k (1.02k%)
Philippines$263k (42.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum Clad Metals BY Japan WERE (2022 - 2023):
Hong Kong-$2.13M (-44.2%)
South Korea-$333k (-100%)
China-$113k (-0.93%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Platinum Clad Metals were:
Malaysia $136M
South Korea $55.1M
Singapore $37.9M
In 2023, Japan's main importing competitors in Platinum Clad Metals were:
Philippines $72.4M
Italy $36.9M

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Trade Value of Platinum Clad Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $77.4k
TOP IMPORT POTENTIALGermany+ $113k

Platinum Clad Metals’s highest export potential is Singapore. With an export gap of $77.4k.   Platinum Clad Metals’s highest import potential is Germany with an import gap of $113k.

See methodology.

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