Japan’s chemicals exports rise by 28.5% in Aug, total shipments up 26.2%

Nurluqman Suratman

16-Sep-2021

SINGAPORE (ICIS)–Japan’s chemicals exports rose by 28.5% year on year to Yen (Y) 850.8bn  in August, supporting the overall growth in shipments abroad, official data showed on Thursday.

Japan’s exports rose by 26.2% year on year to Y6.61tr while imports were up by 44.7% at Y7.24tr, data from the Ministry of Finance (MOF) showed.

The country’s exports of organic chemicals rose by 26.7% year on year to Y153.4bn in August while shipments of plastic materials were up by 27.6% at Y240.5bn.

On a volume basis, exports of plastic materials were down by 1.7% year on year at 477,772 tonnes.

Exports of motor vehicles fell by 1.1% year on year to 359,370 units in August.

Overall shipments to China rose by 12.6% year on year in August while exports to the US were up by 22.8%.

READ MORE

ICIS Premium news service

The subscription platform provides access to our full range of breaking news and analysis

Contact us now to find out more

Speak with ICIS

Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. Access to expert insights on the latest industry developments and tracking market changes are vital in making sustainable business decisions.

Want to learn about how we can work together to bring you actionable insight and support your business decisions?

Need Help?

Need Help?