2022
Exports
$365kWorld Rnk 29 / 82
Flag Rnk 3703 / 4518
2022
Imports
$4.58MWorld Rnk 23 / 152
Flag Rnk 3207 / 4526
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

The fastest growing export markets for Salts of formic acid of Japan between 2021 and 2022 were India ($125k), China ($11.7k), and Mexico ($6.38k).

Imports In 2022, Japan imported $4.58M in Salts of formic acid, becoming the 23rd largest importer of Salts of formic acid in the world. At the same year, Salts of formic acid was the 3207th most imported product in Japan. Japan imports Salts of formic acid primarily from: China ($3.35M), Germany ($512k), Saudi Arabia ($408k), Norway ($164k), and Chinese Taipei ($94.2k).

The fastest growing import markets in Salts of formic acid for Japan between 2021 and 2022 were China ($1.03M), Germany ($264k), and Saudi Arabia ($224k).

COMPANIES In 2023, leading companies such as Kubota (7.96k), Toyota (3.5k), and Wismettac Asian Foods (2.45k) were at the forefront of shipping Salts of formic acid from Japan to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥324k(59.9%)
IMPORT GROWTH (June 2023 - June 2024)¥7.45M(23.7%)
MAIN EXPORTER (June 2024)Osaka¥2.5M
MAIN DESTINATION (June 2024)Hong Kong¥357k

This section shows Salts of formic 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 Salts of formic acid over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Salts of formic acid throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$365k
IMPORTS (2022)$4.58M
NET TRADE (2022)-$4.21M

In 2022, Japan imported $4.58M in Salts of formic acid, mainly from China ($3.35M), Germany ($512k), Saudi Arabia ($408k), Norway ($164k), and Chinese Taipei ($94.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Salts of formic acid EXPORT MARKETS FOR Japan WERE (2021 - 2022):
India$125k (12.6k%)
China$11.7k (12.6%)
Mexico$6.38k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salts of formic acid BY Japan WERE (2021 - 2022):
South Korea-$21.7k (-18.4%)
Thailand-$10.4k (-59.9%)
Canada-$7.51k (-92.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Salts of formic acid were:
In 2022, Japan's main importing competitors in Salts of formic acid were:

Explore Visualizations

Trade Value of Salts of formic acid by Exporters

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