Japan | Imports and Exports | World | Ferrous waste and scrap; remelting scrap ingots of iron or steel | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." from Japan totalled $ 3.08 billion in 2023. Sales of commodity group 7204 from Japan decreased by 0.269% in value terms compared to 2022. exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." decreased by $ 8.31 million (cumulative exports of commodity group 7204 from Japan amounted $3.09 billion in 2022)
Exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." amounted to 0.429% of total exports from Japan (cumulative merchandise exports from Japan totalled $ 717 billion in 2023). The share of commodity group 7204 in total exports from Japan increased by 0.015 p.p. compared to 2022 (it was 0.413% in 2022 and cumulative exports from Japan were equal to $ 746 billion).
Exports of commodity group 7204 amounted to 10.1% of total sales of group "" from Japan in 2023 (the value of exports of commodity group from Japan amounted to $30 billion in 2023). The share of exports of commodity group 7204 in sales of commodity group from Japan increased by 1.26 p.p. compared to 2022 (it was 8.85% in 2022, and exports of commodity group from Japan were $34 billion).
Exports of commodity group 7204 amounted to 99 percent of total sales of group "" from Japan in 2023 (the value of exports of commodity group from Japan amounted to 3.08 billion USD in 2023). The share of exports of commodity group 7204 in sales of commodity group from Japan lowered by 0 p.p. compared to 2022 (it was 100 percent in 2022, and exports of commodity group from Japan amounted to 3.09 billion USD).
Where does Japan export Ferrous waste and scrap; remelting scrap ingots of iron or steel.?
Top export destinations of "Ferrous waste and scrap; remelting scrap ingots of iron or steel." from Japan in 2023:
- Korea with a share of 35% (1.09 billion US$)
- Vietnam with a share of 20% (639 million US$)
- Other Asia, nes with a share of 13.5% (417 million US$)
- China with a share of 7.95% (245 million US$)
- Malaysia with a share of 7.18% (221 million US$)
- Bangladesh with a share of 6.44% (198 million US$)
- Philippines with a share of 2.44% (75 million US$)
- Thailand with a share of 2.11% (65 million US$)
- India with a share of 1.94% (60 million US$)
- Indonesia with a share of 1.57% (48 million US$)
Exports structure of 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel. - from Japan in 2023 represented by the following main commodity groups:
- 65% (2.02 billion US$): 720449 - Ferrous waste and scrap; n.e.s. in heading no. 7204
- 17.1% (529 million US$): 720441 - Ferrous turnings, shavings, chips, milling waste, sawdust, filings, trimmings & stampings, whether or not in bundles
- 13.4% (415 million US$): 720421 - Waste & scrap of stainless steel
- 3.55% (109 million US$): 720429 - Waste & scrap of alloy steel other than stainless steel
- 0.103% (3.18 million US$): 720410 - Waste & scrap of cast iron
- 0% (23 thousand US$): 720450 - Remelting ferrous scrap ingots
The value of imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." to Japan totalled $ 130 million in 2023. Sales of commodity group 7204 to Japan decreased by 46% in value terms compared to 2022. imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." decreased by $ 112 million (the value of imports of commodity group 7204 to Japan was equal to $243 million in 2022)
Imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." accounted for 0.017% of total import flow to Japan (in 2023, total imports to Japan amounted to $ 751 billion). The share of commodity group 7204 in total imports to Japan decreased by 0.009 p.p. compared to 2022 (it was 0.027% in 2022 and cumulative imports to Japan were equal to $ 898 billion).
Imports of commodity group 7204 reached 1.57% of total imports of group "" to Japan in 2023 (imports of commodity group to Japan totalled $8.32 billion in 2023). The share of purchases of commodity group 7204 in imports of commodity group to Japan went down by 0.809 p.p. compared to 2022 (it was 2.38% in 2022, and imports of commodity group to Japan accounted for $10.2 billion).
Where does Japan import Ferrous waste and scrap; remelting scrap ingots of iron or steel. from?
Top trading partners (import of "Ferrous waste and scrap; remelting scrap ingots of iron or steel.") of Japan in 2023:
- Korea with a share of 34% (44 million US$)
- USA with a share of 17% (22 million US$)
- Other Asia, nes with a share of 12.3% (16.1 million US$)
- Philippines with a share of 6.98% (9.15 million US$)
- Malaysia with a share of 5.33% (6.99 million US$)
- Germany with a share of 3.4% (4.46 million US$)
- Czech Republic with a share of 3.07% (4.03 million US$)
- Singapore with a share of 2.77% (3.63 million US$)
- Thailand with a share of 2.23% (2.92 million US$)
- China with a share of 2.17% (2.84 million US$)
Imports structure of 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel. - to Japan in 2023 represented by the following main commodity groups:
- 55% (72 million US$): 720421 - Waste & scrap of stainless steel
- 37% (49 million US$): 720429 - Waste & scrap of alloy steel other than stainless steel
- 3.34% (4.38 million US$): 720449 - Ferrous waste and scrap; n.e.s. in heading no. 7204
- 1.1% (1.44 million US$): 720430 - Waste & scrap of tinned iron/steel
- 1.05% (1.37 million US$): 720410 - Waste & scrap of cast iron
- 1.04% (1.36 million US$): 720441 - Ferrous turnings, shavings, chips, milling waste, sawdust, filings, trimmings & stampings, whether or not in bundles
- 0.073% (95 thousand US$): 720450 - Remelting ferrous scrap ingots
