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2022
Exports $57.8MWorld Rnk 14 / 130
Flag Rnk 525 / 1213
2022
Destination $8.31M Germany
2021 - 2022
FASTEST GROWING MARKET $8.31MGermany
2022
PRODUCT COMPLEXITY IN Refractory Cements0.7Rnk 278 / 1025
2022
Imports $18.5MWorld Rnk 40 / 214
Flag Rnk 900 / 1214
2022
Origin $1.28M China
2021 - 2022
FASTEST GROWING ORIGIN $1.28MNetherlands
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $57.8M in Refractory Cements, making it the 14th largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 525th most exported product in Japan. The main destination of Refractory Cements exports from Japan are: Germany ($9.68M), Netherlands ($9.24M), Chinese Taipei ($9.1M), India ($6M), and Switzerland ($3.63M).

The fastest growing export markets for Refractory Cements of Japan between 2021 and 2022 were Germany ($8.31M), India ($987k), and South Korea ($929k).

Imports In 2022, Japan imported $18.5M in Refractory Cements, becoming the 40th largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 900th most imported product in Japan. Japan imports Refractory Cements primarily from: China ($5.1M), Germany ($2.9M), United States ($2.13M), Sweden ($2.03M), and Chinese Taipei ($1.44M).

The fastest growing import markets in Refractory Cements for Japan between 2021 and 2022 were Netherlands ($1.28M), Turkey ($734k), and Germany ($341k).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Refractory Cements exports accounted up to ¥252M and imports accounted up to ¥157M, resulting in a positive trade balance of ¥95.3M. Between June 2023 and June 2024 the exports of Japan's   Refractory Cements have decreased by ¥-174M (-40.7%) from ¥426M to ¥252M, while imports decreased by ¥-28.2M (-15.2%) from ¥185M to ¥157M.

Destinations In June 2024, Refractory Cements were exported mostly to Chinese Taipei (¥86.9M), India (¥61.5M), Thailand (¥24.1M), United States (¥22.7M), and South Korea (¥19.1M), and were imported mostly from China (¥68.5M), South Korea (¥21.4M), Chinese Taipei (¥13.9M), United States (¥13.1M), and Sweden (¥11.8M).

Growth In June 2024, the decrease in Refractory Cements's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei (¥-38.9M or -41.2%), Germany (¥-29.9M or -72.1%), and India (¥-18.7M or -51.9%). In June 2024, the decrease in Refractory Cements's year-by-year imports was explained primarily by a decrease in imports from Germany (¥-1.49M or -12.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-174M(-40.7%)
IMPORT GROWTH (June 2023 - June 2024)¥-28.2M(-15.2%)
MAIN EXPORTER (June 2024)Hyōgo¥167M
MAIN DESTINATION (June 2024)Chinese Taipei¥86.9M

This section shows Refractory Cements'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 Refractory Cements over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$57.8M
IMPORTS (2022)$18.5M
NET TRADE (2022)$39.3M

In 2022, Japan exported $57.8M in Refractory Cements. The main destinations of Japan exports on Refractory Cements were Germany ($9.68M), Netherlands ($9.24M), Chinese Taipei ($9.1M), India ($6M), and Switzerland ($3.63M).

In 2022, Japan imported $18.5M in Refractory Cements, mainly from China ($5.1M), Germany ($2.9M), United States ($2.13M), Sweden ($2.03M), and Chinese Taipei ($1.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Germany$8.31M (610%)
India$987k (19.7%)
South Korea$929k (47%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY Japan WERE (2021 - 2022):
Austria-$6.3M (-100%)
Indonesia-$825k (-34.7%)
China-$515k (-20.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Refractory Cements were:
China $546M
Germany $375M
United States $257M
In 2022, Japan's main importing competitors in Refractory Cements were:
Indonesia $256M
Russia $154M
Canada $131M

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.42M
TOP IMPORT POTENTIALChina+ $3.03M

Refractory Cements’s highest export potential is India. With an export gap of $1.42M.   Refractory Cements’s highest import potential is China with an import gap of $3.03M.

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