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2022
Exports $83.9MWorld Rnk 18 / 199
Flag Rnk 462 / 1213
2022
Destination $2.67M United States
2021 - 2022
FASTEST GROWING MARKET $2.67MUnited States
2022
PRODUCT COMPLEXITY IN Glass Mirrors1.04Rnk 155 / 1025
2022
Imports $384MWorld Rnk 4 / 222
Flag Rnk 273 / 1214
2022
Origin $15.4M United States
2021 - 2022
FASTEST GROWING ORIGIN $15.4MUnited States
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $83.9M in Glass Mirrors, making it the 18th largest exporter of Glass Mirrors in the world. At the same year, Glass Mirrors was the 462nd most exported product in Japan. The main destination of Glass Mirrors exports from Japan are: United States ($21.8M), China ($8.47M), Thailand ($6.96M), Belgium ($6.04M), and Malaysia ($3.1M).

The fastest growing export markets for Glass Mirrors of Japan between 2021 and 2022 were United States ($2.67M), Malaysia ($2.44M), and Mexico ($676k).

Imports In 2022, Japan imported $384M in Glass Mirrors, becoming the 4th largest importer of Glass Mirrors in the world. At the same year, Glass Mirrors was the 273rd most imported product in Japan. Japan imports Glass Mirrors primarily from: United States ($240M), China ($105M), Thailand ($12.5M), Chinese Taipei ($7.51M), and Germany ($3.77M).

The fastest growing import markets in Glass Mirrors for Japan between 2021 and 2022 were United States ($15.4M), China ($4.55M), and Portugal ($1.23M).

COMPANIES In 2023, leading companies such as Kubota (7) were at the forefront of shipping Glass Mirrors from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Glass Mirrors exports accounted up to ¥905M and imports accounted up to ¥3.36B, resulting in a negative trade balance of ¥2.45B. Between June 2023 and June 2024 the exports of Japan's   Glass Mirrors have increased by ¥192M (27%) from ¥713M to ¥905M, while imports decreased by ¥-1.13B (-25.1%) from ¥4.49B to ¥3.36B.

Destinations In June 2024, Glass Mirrors were exported mostly to United States (¥214M), Belgium (¥124M), China (¥91.1M), Thailand (¥53.8M), and Malaysia (¥36.2M), and were imported mostly from United States (¥1.89B), China (¥992M), Thailand (¥129M), Chinese Taipei (¥84.4M), and Hungary (¥81.9M).

Growth In June 2024, the increase in Glass Mirrors's year-by-year exports was explained primarily by an increase in exports to Malaysia (¥67.6M or 644%), Thailand (¥36M or 88.4%), and Vietnam (¥7.6M or 80.5%). In June 2024, the decrease in Glass Mirrors's year-by-year imports was explained primarily by a decrease in imports from South Korea (¥-29.8M or -55.9%), Portugal (¥-15.1M or -85%), and Spain (¥-9.2M or -57.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥192M(27%)
IMPORT GROWTH (June 2023 - June 2024)¥-1.13B(-25.1%)
MAIN EXPORTER (June 2024)Aichi¥526M
MAIN DESTINATION (June 2024)United States¥214M

This section shows Glass Mirrors'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 Glass Mirrors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$83.9M
IMPORTS (2022)$384M
NET TRADE (2022)-$300M

In 2022, Japan exported $83.9M in Glass Mirrors. The main destinations of Japan exports on Glass Mirrors were United States ($21.8M), China ($8.47M), Thailand ($6.96M), Belgium ($6.04M), and Malaysia ($3.1M).

In 2022, Japan imported $384M in Glass Mirrors, mainly from United States ($240M), China ($105M), Thailand ($12.5M), Chinese Taipei ($7.51M), and Germany ($3.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Mirrors EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$2.67M (13.9%)
Malaysia$2.44M (367%)
Mexico$676k (28.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Mirrors BY Japan WERE (2021 - 2022):
Russia-$7.71M (-83.2%)
China-$5.19M (-38%)
Belgium-$633k (-9.48%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Glass Mirrors were:
China $2.96B
United States $1.6B
Germany $638M
In 2022, Japan's main importing competitors in Glass Mirrors were:
United States $1.41B
Germany $1.01B
China $429M

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Trade Value of Glass Mirrors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.46M
TOP IMPORT POTENTIALChina+ $34.9M

Glass Mirrors’s highest export potential is China. With an export gap of $5.46M.   Glass Mirrors’s highest import potential is China with an import gap of $34.9M.

See methodology.

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