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Pricing

2022
Exports $2.04BWorld Rnk 5 / 147
Flag Rnk 74 / 1213
2022
Destination $47.5M China
2021 - 2022
FASTEST GROWING MARKET $47.5MChina
2022
PRODUCT COMPLEXITY IN Reaction and Catalytic Products0.61Rnk 319 / 1025
2022
Imports $1.06BWorld Rnk 6 / 210
Flag Rnk 132 / 1214
2022
Origin $83M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $83MSingapore
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $2.04B in Reaction and Catalytic Products, making it the 5th largest exporter of Reaction and Catalytic Products in the world. At the same year, Reaction and Catalytic Products was the 74th most exported product in Japan. The main destination of Reaction and Catalytic Products exports from Japan are: China ($330M), Chinese Taipei ($289M), United States ($259M), South Korea ($258M), and Thailand ($242M).

The fastest growing export markets for Reaction and Catalytic Products of Japan between 2021 and 2022 were China ($47.5M), South Korea ($42.4M), and United States ($36.9M).

Imports In 2022, Japan imported $1.06B in Reaction and Catalytic Products, becoming the 6th largest importer of Reaction and Catalytic Products in the world. At the same year, Reaction and Catalytic Products was the 132nd most imported product in Japan. Japan imports Reaction and Catalytic Products primarily from: Thailand ($453M), Indonesia ($164M), United States ($140M), Singapore ($89.1M), and China ($36.5M).

The fastest growing import markets in Reaction and Catalytic Products for Japan between 2021 and 2022 were Singapore ($83M), Kuwait ($12M), and Indonesia ($10.8M).

Latest Trends

July 2024

About

Overview In July 2024 Japan's Reaction and Catalytic Products exports accounted up to ¥15B and imports accounted up to ¥3.39B, resulting in a positive trade balance of ¥11.6B. Between July 2023 and July 2024 the exports of Japan's   Reaction and Catalytic Products have increased by ¥1.11B (7.98%) from ¥13.9B to ¥15B, while imports decreased by ¥-5.6B (-62.3%) from ¥8.98B to ¥3.39B.

Destinations In July 2024, Reaction and Catalytic Products were exported mostly to South Korea (¥3.05B), China (¥1.95B), United States (¥1.56B), Chinese Taipei (¥1.43B), and Czechia (¥1.4B), and were imported mostly from Thailand (¥1.8B), United States (¥485M), China (¥320M), Indonesia (¥183M), and Germany (¥170M).

Growth In July 2024, the increase in Reaction and Catalytic Products's year-by-year exports was explained primarily by an increase in exports to South Korea (¥1.5B or 59.9%), Poland (¥894M or 487%), and Germany (¥867M or 106%). In July 2024, the decrease in Reaction and Catalytic Products's year-by-year imports was explained primarily by a decrease in imports from Thailand (¥-3.58B or -44.4%), United States (¥-405M or -38.1%), and China (¥-210M or -36.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)¥1.11B(7.98%)
IMPORT GROWTH (July 2023 - July 2024)¥-5.6B(-62.3%)
MAIN EXPORTER (July 2024)Kanagawa¥6.53B
MAIN DESTINATION (July 2024)South Korea¥3.05B

This section shows Reaction and Catalytic Products'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 Reaction and Catalytic Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.04B
IMPORTS (2022)$1.06B
NET TRADE (2022)$977M

In 2022, Japan exported $2.04B in Reaction and Catalytic Products. The main destinations of Japan exports on Reaction and Catalytic Products were China ($330M), Chinese Taipei ($289M), United States ($259M), South Korea ($258M), and Thailand ($242M).

In 2022, Japan imported $1.06B in Reaction and Catalytic Products, mainly from Thailand ($453M), Indonesia ($164M), United States ($140M), Singapore ($89.1M), and China ($36.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Reaction and Catalytic Products EXPORT MARKETS FOR Japan WERE (2021 - 2022):
China$47.5M (16.8%)
South Korea$42.4M (19.7%)
United States$36.9M (16.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Reaction and Catalytic Products BY Japan WERE (2021 - 2022):
Czechia-$262M (-69.3%)
Netherlands-$224M (-92%)
Thailand-$46M (-16%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Reaction and Catalytic Products were:
United States $5.55B
Germany $4.5B
North Macedonia $2.64B
In 2022, Japan's main importing competitors in Reaction and Catalytic Products were:
Germany $5.42B
United States $2.31B
China $1.92B

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Trade Value of Reaction and Catalytic Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $59.8M
TOP IMPORT POTENTIALUnited States+ $36.3M

Reaction and Catalytic Products’s highest export potential is China. With an export gap of $59.8M.   Reaction and Catalytic Products’s highest import potential is United States with an import gap of $36.3M.

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