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2022
Exports $675MWorld Rnk 9 / 200
Flag Rnk 161 / 1213
2022
Destination $47.7M China
2021 - 2022
FASTEST GROWING MARKET $47.7MChina
2022
PRODUCT COMPLEXITY IN Scrap Aluminium-0.74Rnk 767 / 1025
2022
Imports $177MWorld Rnk 32 / 157
Flag Rnk 422 / 1214
2022
Origin $4.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $4.5MUnited States
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $675M in Scrap Aluminium, making it the 9th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 161st most exported product in Japan. The main destination of Scrap Aluminium exports from Japan are: China ($248M), South Korea ($166M), Thailand ($76.7M), Malaysia ($65M), and Vietnam ($53.8M).

The fastest growing export markets for Scrap Aluminium of Japan between 2021 and 2022 were China ($47.7M), Hong Kong ($27.7M), and Vietnam ($22.4M).

Imports In 2022, Japan imported $177M in Scrap Aluminium, becoming the 32nd largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 422nd most imported product in Japan. Japan imports Scrap Aluminium primarily from: United States ($63.8M), Chinese Taipei ($28.2M), Malaysia ($9.94M), Mexico ($9.35M), and South Korea ($8.5M).

The fastest growing import markets in Scrap Aluminium for Japan between 2021 and 2022 were United States ($4.5M), Italy ($4.47M), and Malaysia ($3.29M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (7) were at the forefront of shipping Scrap Aluminium from Japan to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Japan's Scrap Aluminium exports accounted up to ¥7.23B and imports accounted up to ¥3.13B, resulting in a positive trade balance of ¥4.1B. Between August 2023 and August 2024 the exports of Japan's   Scrap Aluminium have decreased by ¥-196M (-2.64%) from ¥7.42B to ¥7.23B, while imports increased by ¥1.32B (73%) from ¥1.81B to ¥3.13B.

Destinations In August 2024, Scrap Aluminium were exported mostly to South Korea (¥1.93B), China (¥1.56B), Malaysia (¥1.39B), Thailand (¥837M), and Hong Kong (¥656M), and were imported mostly from United States (¥1.08B), Chinese Taipei (¥755M), Mexico (¥187M), Italy (¥127M), and Malaysia (¥118M).

Growth In August 2024, the decrease in Scrap Aluminium's year-by-year exports was explained primarily by a decrease in exports to South Korea (¥-506M or -35.6%), Thailand (¥-216M or -27%), and Vietnam (¥-103M or -51.1%). In August 2024, the increase in Scrap Aluminium's year-by-year imports was explained primarily by an increase in imports from United States (¥350M or 49.1%), Chinese Taipei (¥225M or 64.3%), and Canada (¥123M or 404%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥-196M(-2.64%)
IMPORT GROWTH (August 2023 - August 2024)¥1.32B(73%)
MAIN EXPORTER (August 2024)Kanagawa¥4.22B
MAIN DESTINATION (August 2024)South Korea¥1.93B

This section shows Scrap Aluminium'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 Scrap Aluminium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$675M
IMPORTS (2022)$177M
NET TRADE (2022)$498M

In 2022, Japan exported $675M in Scrap Aluminium. The main destinations of Japan exports on Scrap Aluminium were China ($248M), South Korea ($166M), Thailand ($76.7M), Malaysia ($65M), and Vietnam ($53.8M).

In 2022, Japan imported $177M in Scrap Aluminium, mainly from United States ($63.8M), Chinese Taipei ($28.2M), Malaysia ($9.94M), Mexico ($9.35M), and South Korea ($8.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Japan WERE (2021 - 2022):
China$47.7M (23.8%)
Hong Kong$27.7M (109%)
Vietnam$22.4M (71.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Japan WERE (2021 - 2022):
Philippines-$2.15M (-51.9%)
India-$1.92M (-27.7%)
Chinese Taipei-$1.56M (-42.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Scrap Aluminium were:
United States $3.83B
Germany $2.28B
Canada $1.36B
In 2022, Japan's main importing competitors in Scrap Aluminium were:
India $3.5B
South Korea $1.84B
Germany $1.76B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $12.1M
TOP IMPORT POTENTIALUnited States+ $5.19M

Scrap Aluminium’s highest export potential is India. With an export gap of $12.1M.   Scrap Aluminium’s highest import potential is United States with an import gap of $5.19M.

See methodology.

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