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2022
Exports $946MWorld Rnk 15 / 156
Flag Rnk 129 / 1213
2022
Destination $11M China
2021 - 2022
FASTEST GROWING MARKET $11MUnited States
2022
PRODUCT COMPLEXITY IN Propylene Polymers0.22Rnk 482 / 1025
2022
Imports $742MWorld Rnk 20 / 207
Flag Rnk 176 / 1214
2022
Origin $91.5M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $91.5MSouth Korea
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $946M in Propylene Polymers, making it the 15th largest exporter of Propylene Polymers in the world. At the same year, Propylene Polymers was the 129th most exported product in Japan. The main destination of Propylene Polymers exports from Japan are: China ($401M), United States ($97.2M), Thailand ($65.3M), Chinese Taipei ($50.7M), and Vietnam ($49M).

The fastest growing export markets for Propylene Polymers of Japan between 2021 and 2022 were United States ($11M), France ($8.27M), and India ($3.88M).

Imports In 2022, Japan imported $742M in Propylene Polymers, becoming the 20th largest importer of Propylene Polymers in the world. At the same year, Propylene Polymers was the 176th most imported product in Japan. Japan imports Propylene Polymers primarily from: South Korea ($286M), Thailand ($111M), China ($56.8M), United States ($56.3M), and United Arab Emirates ($52.5M).

The fastest growing import markets in Propylene Polymers for Japan between 2021 and 2022 were South Korea ($91.5M), Vietnam ($34.1M), and United Arab Emirates ($29.9M).

COMPANIES In 2023, leading companies such as Dow Chemical (1) were at the forefront of shipping Propylene Polymers from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Propylene Polymers exports accounted up to ¥11.6B and imports accounted up to ¥7.39B, resulting in a positive trade balance of ¥4.24B. Between June 2023 and June 2024 the exports of Japan's   Propylene Polymers have increased by ¥2.76B (31.2%) from ¥8.86B to ¥11.6B, while imports decreased by ¥-972M (-11.6%) from ¥8.36B to ¥7.39B.

Destinations In June 2024, Propylene Polymers were exported mostly to China (¥4.13B), India (¥1.49B), United States (¥1.22B), Thailand (¥811M), and Vietnam (¥775M), and were imported mostly from South Korea (¥2.4B), United States (¥839M), Vietnam (¥680M), United Arab Emirates (¥666M), and China (¥664M).

Growth In June 2024, the increase in Propylene Polymers's year-by-year exports was explained primarily by an increase in exports to France (¥101M or 145%), Chinese Taipei (¥90.9M or 27%), and Thailand (¥85.3M or 15.2%). In June 2024, the decrease in Propylene Polymers's year-by-year imports was explained primarily by a decrease in imports from Thailand (¥-611M or -45.6%), Saudi Arabia (¥-234M or -61.2%), and Vietnam (¥-186M or -37.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥2.76B(31.2%)
IMPORT GROWTH (June 2023 - June 2024)¥-972M(-11.6%)
MAIN EXPORTER (June 2024)Tokyo¥2.32B
MAIN DESTINATION (June 2024)China¥4.13B

This section shows Propylene Polymers'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 Propylene Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$946M
IMPORTS (2022)$742M
NET TRADE (2022)$203M

In 2022, Japan exported $946M in Propylene Polymers. The main destinations of Japan exports on Propylene Polymers were China ($401M), United States ($97.2M), Thailand ($65.3M), Chinese Taipei ($50.7M), and Vietnam ($49M).

In 2022, Japan imported $742M in Propylene Polymers, mainly from South Korea ($286M), Thailand ($111M), China ($56.8M), United States ($56.3M), and United Arab Emirates ($52.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Propylene Polymers EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$11M (12.8%)
France$8.27M (97%)
India$3.88M (14.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propylene Polymers BY Japan WERE (2021 - 2022):
Vietnam-$21.8M (-30.8%)
China-$21.4M (-5.07%)
Germany-$8.92M (-27.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Propylene Polymers were:
Saudi Arabia $6.4B
South Korea $5.24B
United States $4.36B
In 2022, Japan's main importing competitors in Propylene Polymers were:
China $5.98B
Turkey $3.31B
Germany $3.08B

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Trade Value of Propylene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $59.6M
TOP IMPORT POTENTIALChina+ $35.4M

Propylene Polymers’s highest export potential is China. With an export gap of $59.6M.   Propylene Polymers’s highest import potential is China with an import gap of $35.4M.

See methodology.

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