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Japan’s steel exports decline by 6.2% in January-November 2022

In November this year, Japan’s iron and steel product exports reached 2.78 million tonnes, up 12.1% month-on-month and down 3.6% year-on-year, according to customs statistics from the Japan Iron and Steel Federation (JISF).

From January to November this year, Japan’s iron and steel product exports amounted to 29.63 million tonnes, down 6.2% over the same period of the previous year.

Regarding Japan’s major iron and steel products export markets, during the January-November period of this year, exports to South Korea reached 5.01 million tonnes, up 10.8%, while exports to China decreased by 22.4% to 3.67 million tonnes. Exports volume to Taiwan 1.70 million tonnes, down 21.4%, exports to Thailand totalled 4.66 million tonnes, down 15.7%, while exports to the United States totalled 1.15 million tonnes, up 9.5% over the same period last year.

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