Commodity Origins

How much steel does Japan produce and export?

Japan is the 4th largest producer of steel: 81 million tonnes in 2025, 4.3% of the world's 1.9 billion tonnes (USGS MCS). It is the 2nd largest exporter by value: $9.5 billion in 2024, 14% of world exports of hot-rolled steel coil (HS 7208) (CEPII BACI). Its biggest customer is South Korea, which takes 16% of its steel exports by value.

All about steel · All about Japan

Japan's steel production

Japan steel production, 2025
World rankProduction (tonnes)Share of worldTen-year growthYear
481 million tonnes4.3%—2025

USGS Mineral Commodity Summaries, MCS 2026.

Japan's steel exports

Japan exports of Flat-rolled iron or non-alloy steel, hot-rolled, not clad, 2024
World rankExport valueShare of world exportsQuantity (tonnes)Average value per tonneYear
2$9.5 billion14%14.8 million t$6412024

CEPII BACI international trade database (HS22, V202601), HS 7208 (Flat-rolled iron or non-alloy steel, hot-rolled, not clad).

Where Japan's steel goes

Largest destinations of Japan's steel exports, 2024
DestinationValueShare of Japan's exports
South Korea$1.5B16%
Thailand$1.3B13%
India$788M8.3%
Vietnam$708M7.5%
China$705M7.4%

Largest five destinations of 3,461 exporter-importer pairs BACI reports for 2024. See trade flows.

Japan as a buyer of steel

Of its $1.4 billion of steel imports in 2024, 64% came from South Korea and 24% from Other Asia, nes, among 30 suppliers.

Import dependency · Supplier shifts

Cite as: Commodity Origins, "Japan steel: production, exports and prices", https://commodityorigins.com/countries/JPN/steel/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.