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2022
Exports $45.3MWorld Rnk 27 / 169
Flag Rnk 559 / 1213
2022
Destination $2.48MN/A
2021 - 2022
FASTEST GROWING MARKET $2.48MThailand
2022
PRODUCT COMPLEXITY IN Other Cast Iron Products0.34Rnk 425 / 1025
2022
Imports $274MWorld Rnk 6 / 217
Flag Rnk 325 / 1214
2022
Origin $3.79M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $3.79MVietnam
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

The fastest growing export markets for Other Cast Iron Products of Japan between 2021 and 2022 were Thailand ($2.48M), Singapore ($738k), and Belgium ($415k).

Imports In 2022, Japan imported $274M in Other Cast Iron Products, becoming the 6th largest importer of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 325th most imported product in Japan. Japan imports Other Cast Iron Products primarily from: South Korea ($104M), China ($96.1M), Vietnam ($29.5M), Chinese Taipei ($26.3M), and Thailand ($4.3M).

The fastest growing import markets in Other Cast Iron Products for Japan between 2021 and 2022 were Vietnam ($3.79M), Malaysia ($1.27M), and Indonesia ($660k).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Other Cast Iron Products exports accounted up to ¥287M and imports accounted up to ¥1.65B, resulting in a negative trade balance of ¥1.37B. Between June 2023 and June 2024 the exports of Japan's   Other Cast Iron Products have decreased by ¥-316M (-52.4%) from ¥603M to ¥287M, while imports increased by ¥65.5M (4.12%) from ¥1.59B to ¥1.65B.

Destinations In June 2024, Other Cast Iron Products were exported mostly to China (¥142M), United States (¥38.5M), South Korea (¥33.7M), Belgium (¥14.5M), and Thailand (¥9.08M), and were imported mostly from China (¥1.26B), South Korea (¥161M), Vietnam (¥99.6M), Chinese Taipei (¥49.9M), and India (¥37.9M).

Growth In June 2024, the decrease in Other Cast Iron Products's year-by-year exports was explained primarily by a decrease in exports to Italy (¥-17.2M or -59.4%), United States (¥-9.46M or -17.6%), and Vietnam (¥-8.01M or -53.1%). In June 2024, the increase in Other Cast Iron Products's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (¥42.2M or 152%), South Korea (¥17.5M or 13.5%), and Philippines (¥10.1M or 1.22k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-316M(-52.4%)
IMPORT GROWTH (June 2023 - June 2024)¥65.5M(4.12%)
MAIN EXPORTER (June 2024)Ehime¥172M
MAIN DESTINATION (June 2024)China¥142M

This section shows Other Cast Iron 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 Other Cast Iron Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$45.3M
IMPORTS (2022)$274M
NET TRADE (2022)-$228M

In 2022, Japan imported $274M in Other Cast Iron Products, mainly from South Korea ($104M), China ($96.1M), Vietnam ($29.5M), Chinese Taipei ($26.3M), and Thailand ($4.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cast Iron Products EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Thailand$2.48M (294%)
Singapore$738k (623%)
Belgium$415k (48.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cast Iron Products BY Japan WERE (2021 - 2022):
China-$3.27M (-16.4%)
Vietnam-$621k (-25.4%)
South Africa-$560k (-51.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Other Cast Iron Products were:
China $1.55B
India $1.22B
Germany $631M
In 2022, Japan's main importing competitors in Other Cast Iron Products were:
Germany $1.19B
United States $711M
Italy $611M

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Trade Value of Other Cast Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.05M
TOP IMPORT POTENTIALIndia+ $6.96M

Other Cast Iron Products’s highest export potential is United States. With an export gap of $3.05M.   Other Cast Iron Products’s highest import potential is India with an import gap of $6.96M.

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