Rubber Tires in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $5.81B in Rubber Tires, making it the 4th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 20th most exported product in Japan. The main destination of Rubber Tires exports from Japan are: United States ($1.75B), Australia ($607M), Indonesia ($292M), Canada ($206M), and United Arab Emirates ($195M).

The fastest growing export markets for Rubber Tires of Japan between 2021 and 2022 were United States ($439M), Indonesia ($94.3M), and Colombia ($58M).

Imports In 2022, Japan imported $1.28B in Rubber Tires, becoming the 16th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 116th most imported product in Japan. Japan imports Rubber Tires primarily from: China ($421M), Thailand ($261M), Indonesia ($91.7M), Chinese Taipei ($76M), and Vietnam ($55.1M).

The fastest growing import markets in Rubber Tires for Japan between 2021 and 2022 were United Arab Emirates ($38.9M), Thailand ($24M), and China ($21.8M).

COMPANIES In 2023, leading companies such as SUMITOMO RUBBER NORTH AMERICA, INC. (13.6k), GOODYEAR TIRE & RUBBER CO. (13.5k), and YOKOHAMA TIRE CORPORATION (10.5k) were at the forefront of shipping Rubber Tires from Japan to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Japan's Rubber Tires exports accounted up to ¥51.4B and imports accounted up to ¥14.6B, resulting in a positive trade balance of ¥36.7B. Between January 2023 and January 2024 the exports of Japan's Rubber Tires have decreased by ¥-3.68B (-6.69%) from ¥55.1B to ¥51.4B, while imports decreased by ¥-106M (-0.72%) from ¥14.8B to ¥14.6B.

Destinations In January 2024, Rubber Tires were exported mostly to United States (¥17.4B), Australia (¥6.3B), Indonesia (¥5.29B), Canada (¥1.8B), and Belgium (¥1.58B), and were imported mostly from China (¥5.33B), Thailand (¥3.08B), Vietnam (¥1.02B), Indonesia (¥994M), and Taiwan (¥901M).

Growth In January 2024, the decrease in Rubber Tires's year-by-year exports was explained primarily by a decrease in exports to Russia (¥-3.73B or -88.1%), United Arab Emirates (¥-397M or -36.3%), and Egypt (¥-219M or -59.1%). In January 2024, the decrease in Rubber Tires's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (¥-51.4M or -49.7%), Brazil (¥-40M or -26%), and Canada (¥-32.9M or -69.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥-3.68B(-6.69%)

IMPORT GROWTH (January 2023 - January 2024)¥-106M(-0.72%)

MAIN EXPORTER (January 2024)Fukuoka¥22.6B

MAIN DESTINATION (January 2024)United States¥17.4B

This section shows Rubber Tires'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 Rubber Tires over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$5.81B

IMPORTS (2022)$1.28B

NET TRADE (2022)$4.53B

In 2022, Japan exported $5.81B in Rubber Tires. The main destinations of Japan exports on Rubber Tires were United States ($1.75B), Australia ($607M), Indonesia ($292M), Canada ($206M), and United Arab Emirates ($195M).

In 2022, Japan imported $1.28B in Rubber Tires, mainly from China ($421M), Thailand ($261M), Indonesia ($91.7M), Chinese Taipei ($76M), and Vietnam ($55.1M).

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