Raw Nickel in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $321M in Raw Nickel, making it the 13th largest exporter of Raw Nickel in the world. At the same year, Raw Nickel was the 262nd most exported product in Japan. The main destination of Raw Nickel exports from Japan are: China ($94.8M), India ($59.1M), Turkey ($38.7M), Chinese Taipei ($35.8M), and United States ($20.1M).

The fastest growing export markets for Raw Nickel of Japan between 2021 and 2022 were India ($12.9M), Chinese Taipei ($10.7M), and United States ($8.57M).

Imports In 2022, Japan imported $1.31B in Raw Nickel, becoming the 5th largest importer of Raw Nickel in the world. At the same year, Raw Nickel was the 114th most imported product in Japan. Japan imports Raw Nickel primarily from: Australia ($445M), Madagascar ($374M), Canada ($191M), Norway ($99.6M), and United Kingdom ($76.8M).

The fastest growing import markets in Raw Nickel for Japan between 2021 and 2022 were Madagascar ($185M), Australia ($120M), and Canada ($115M).

Latest Trends

February 2024

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Overview In February 2024 Japan's Raw Nickel exports accounted up to ¥4.5B and imports accounted up to ¥9.46B, resulting in a negative trade balance of ¥4.96B. Between February 2023 and February 2024 the exports of Japan's Raw Nickel have decreased by ¥-3.63B (-44.7%) from ¥8.13B to ¥4.5B, while imports decreased by ¥-2.39B (-20.2%) from ¥11.9B to ¥9.46B.

Destinations In February 2024, Raw Nickel were exported mostly to China (¥2.02B), India (¥1.09B), United States (¥371M), Turkey (¥336M), and Chinese Taipei (¥163M), and were imported mostly from Australia (¥5.31B), Madagascar (¥1.66B), United Kingdom (¥960M), Canada (¥907M), and South Africa (¥324M).

Growth In February 2024, the decrease in Raw Nickel's year-by-year exports was explained primarily by a decrease in exports to China (¥-619M or -55.2%), Hong Kong (¥-15.4M or -65.1%), and Vietnam (¥-13.2M or -93.5%). In February 2024, the decrease in Raw Nickel's year-by-year imports was explained primarily by a decrease in imports from Australia (¥-1.58B or -30.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)¥-3.63B(-44.7%)

IMPORT GROWTH (February 2023 - February 2024)¥-2.39B(-20.2%)

MAIN EXPORTER (February 2024)Hyōgo¥3.72B

MAIN DESTINATION (February 2024)China¥2.02B

This section shows Raw Nickel'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 Raw Nickel over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$321M

IMPORTS (2022)$1.31B

NET TRADE (2022)-$991M

In 2022, Japan exported $321M in Raw Nickel. The main destinations of Japan exports on Raw Nickel were China ($94.8M), India ($59.1M), Turkey ($38.7M), Chinese Taipei ($35.8M), and United States ($20.1M).

In 2022, Japan imported $1.31B in Raw Nickel, mainly from Australia ($445M), Madagascar ($374M), Canada ($191M), Norway ($99.6M), and United Kingdom ($76.8M).

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