Rubber Belting in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $388M in Rubber Belting, making it the 4th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 234th most exported product in Japan. The main destination of Rubber Belting exports from Japan are: United States ($85.8M), China ($51.5M), Germany ($20.8M), Chinese Taipei ($20.6M), and Indonesia ($15.4M).

The fastest growing export markets for Rubber Belting of Japan between 2021 and 2022 were United States ($9.79M), Peru ($6.12M), and Chile ($5.15M).

Imports In 2022, Japan imported $92.4M in Rubber Belting, becoming the 23rd largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 590th most imported product in Japan. Japan imports Rubber Belting primarily from: China ($44.9M), Indonesia ($9.57M), Thailand ($9.37M), Germany ($6.44M), and Chinese Taipei ($6.04M).

The fastest growing import markets in Rubber Belting for Japan between 2021 and 2022 were China ($14.4M), Switzerland ($1.3M), and Chinese Taipei ($974k).

COMPANIES In 2023, leading companies such as TOYOTA MOTOR MANUFACTURING (1.02k), XEROX CORPORATION (2), and CNH INDUSTRIAL AMERICA LLC (1) were at the forefront of shipping Rubber Belting from Japan to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Japan's Rubber Belting exports accounted up to ¥3.66B and imports accounted up to ¥896M, resulting in a positive trade balance of ¥2.76B. Between February 2023 and February 2024 the exports of Japan's Rubber Belting have increased by ¥377M (11.5%) from ¥3.28B to ¥3.66B, while imports increased by ¥119M (15.3%) from ¥777M to ¥896M.

Destinations In February 2024, Rubber Belting were exported mostly to United States (¥946M), China (¥432M), Germany (¥199M), India (¥178M), and United Arab Emirates (¥153M), and were imported mostly from China (¥349M), Thailand (¥171M), Indonesia (¥101M), Chinese Taipei (¥50.2M), and Switzerland (¥46.3M).

Growth In February 2024, the increase in Rubber Belting's year-by-year exports was explained primarily by an increase in exports to Chile (¥147M or 157%), United States (¥99.9M or 16.3%), and China (¥88.3M or 33.4%). In February 2024, the increase in Rubber Belting's year-by-year imports was explained primarily by an increase in imports from China (¥40M or 11%), Thailand (¥36.1M or 62.1%), and India (¥27.6M or 351%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)¥377M(11.5%)

IMPORT GROWTH (February 2023 - February 2024)¥119M(15.3%)

MAIN EXPORTER (February 2024)Hyōgo¥1.31B

MAIN DESTINATION (February 2024)United States¥946M

This section shows Rubber Belting'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 Belting over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$388M

IMPORTS (2022)$92.4M

NET TRADE (2022)$296M

In 2022, Japan exported $388M in Rubber Belting. The main destinations of Japan exports on Rubber Belting were United States ($85.8M), China ($51.5M), Germany ($20.8M), Chinese Taipei ($20.6M), and Indonesia ($15.4M).

In 2022, Japan imported $92.4M in Rubber Belting, mainly from China ($44.9M), Indonesia ($9.57M), Thailand ($9.37M), Germany ($6.44M), and Chinese Taipei ($6.04M).

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