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2022
Exports $247MWorld Rnk 1 / 153
Flag Rnk 301 / 1213
2022
Destination $4.1M China
2021 - 2022
FASTEST GROWING MARKET $4.1MBahrain
2022
PRODUCT COMPLEXITY IN Friction Material0.27Rnk 464 / 1025
2022
Imports $47.6MWorld Rnk 6 / 211
Flag Rnk 739 / 1214
2022
Origin $784k China
2021 - 2022
FASTEST GROWING ORIGIN $784kUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $247M in Friction Material, making it the 1st largest exporter of Friction Material in the world. At the same year, Friction Material was the 301st most exported product in Japan. The main destination of Friction Material exports from Japan are: China ($49.1M), Saudi Arabia ($22.2M), United Arab Emirates ($21.6M), United States ($17.4M), and India ($16.9M).

The fastest growing export markets for Friction Material of Japan between 2021 and 2022 were Bahrain ($4.1M), Saudi Arabia ($3.61M), and Belgium ($2.78M).

Imports In 2022, Japan imported $47.6M in Friction Material, becoming the 6th largest importer of Friction Material in the world. At the same year, Friction Material was the 739th most imported product in Japan. Japan imports Friction Material primarily from: China ($22.3M), United States ($13.7M), Indonesia ($1.63M), Thailand ($1.58M), and Spain ($1.13M).

The fastest growing import markets in Friction Material for Japan between 2021 and 2022 were United Arab Emirates ($784k), Brazil ($424k), and United Kingdom ($376k).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Friction Material exports accounted up to ¥3.2B and imports accounted up to ¥651M, resulting in a positive trade balance of ¥2.55B. Between August 2023 and August 2024 the exports of Japan's   Friction Material have decreased by ¥-70M (-2.14%) from ¥3.27B to ¥3.2B, while imports decreased by ¥-123M (-15.8%) from ¥774M to ¥651M.

Destinations In August 2024, Friction Material were exported mostly to United States (¥578M), China (¥481M), Saudi Arabia (¥393M), India (¥242M), and United Arab Emirates (¥228M), and were imported mostly from United States (¥315M), China (¥147M), Thailand (¥54.7M), Germany (¥48.7M), and Italy (¥27.8M).

Growth In August 2024, the decrease in Friction Material's year-by-year exports was explained primarily by a decrease in exports to South Korea (¥-29.8M or -70.1%), Iraq (¥-25.8M or -57.9%), and Mexico (¥-16.2M or -61.9%). In August 2024, the decrease in Friction Material's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (¥-86.5M or -96.2%), United States (¥-24.6M or -13%), and Thailand (¥-15.7M or -27.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥-70M(-2.14%)
IMPORT GROWTH (August 2023 - August 2024)¥-123M(-15.8%)
MAIN EXPORTER (August 2024)Aichi¥2.62B
MAIN DESTINATION (August 2024)United States¥578M

This section shows Friction Material'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 Friction Material over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$247M
IMPORTS (2022)$47.6M
NET TRADE (2022)$199M

In 2022, Japan exported $247M in Friction Material. The main destinations of Japan exports on Friction Material were China ($49.1M), Saudi Arabia ($22.2M), United Arab Emirates ($21.6M), United States ($17.4M), and India ($16.9M).

In 2022, Japan imported $47.6M in Friction Material, mainly from China ($22.3M), United States ($13.7M), Indonesia ($1.63M), Thailand ($1.58M), and Spain ($1.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Bahrain$4.1M (76.3%)
Saudi Arabia$3.61M (19.5%)
Belgium$2.78M (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY Japan WERE (2021 - 2022):
United States-$33.7M (-66%)
China-$8.74M (-15.1%)
Thailand-$4M (-34.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Friction Material were:
United States $191M
Germany $155M
In 2022, Japan's main importing competitors in Friction Material were:
United States $164M
China $111M
Germany $85.5M

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.35M
TOP IMPORT POTENTIALIndia+ $1.06M

Friction Material’s highest export potential is United States. With an export gap of $2.35M.   Friction Material’s highest import potential is India with an import gap of $1.06M.

See methodology.

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