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2022
Exports | Imports $227M | $40.4MWorld Rnk 3 / 160
Flag Rnk 312 / 1213
World Rnk 17 / 212
Flag Rnk 780 / 1214
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $15.5M | $2.01MIndia |  Vietnam
2022
ECONOMIC COMPLEXITY of Japan1.99Rnk 1 / 124
2022
PRODUCT COMPLEXITY IN Metalworking Machines1.83Rnk 10 / 1025

About

Exports In 2022, Japan exported $227M in Metalworking Machines, making it the 3rd largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 312th most exported product in Japan. The main destination of Metalworking Machines exports from Japan are: China ($70.7M), United States ($38.4M), India ($28.3M), Chinese Taipei ($15.6M), and South Korea ($13.9M).

The fastest growing export markets for Metalworking Machines of Japan between 2021 and 2022 were India ($15.5M), Thailand ($5.71M), and Turkey ($5.06M).

Imports In 2022, Japan imported $40.4M in Metalworking Machines, becoming the 17th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 780th most imported product in Japan. Japan imports Metalworking Machines primarily from: Germany ($7.77M), China ($7.49M), Switzerland ($6.24M), Chinese Taipei ($5.94M), and United States ($5.24M).

The fastest growing import markets in Metalworking Machines for Japan between 2021 and 2022 were Vietnam ($2.01M), Chinese Taipei ($1.11M), and South Korea ($695k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Metalworking Machines from Japan to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Japan's Metalworking Machines exports accounted up to ¥1.85B and imports accounted up to ¥706M, resulting in a positive trade balance of ¥1.15B. Between January 2023 and January 2024 the exports of Japan's   Metalworking Machines have increased by ¥486M (35.6%) from ¥1.37B to ¥1.85B, while imports decreased by ¥-526M (-42.7%) from ¥1.23B to ¥706M.

Destinations In January 2024, Metalworking Machines were exported mostly to China (¥477M), Thailand (¥319M), India (¥313M), United States (¥195M), and Czechia (¥143M), and were imported mostly from United States (¥516M), China (¥75.6M), Taiwan (¥71.3M), South Korea (¥29.1M), and Germany (¥5.06M).

Growth In January 2024, the increase in Metalworking Machines's year-by-year exports was explained primarily by an increase in exports to United States (¥467M or 717%), Germany (¥37.8M or 191%), and Malaysia (¥32.4M or 95.4%). In January 2024, the decrease in Metalworking Machines's year-by-year imports was explained primarily by a decrease in imports from China (¥-47.1M or -39.7%), Thailand (¥-3.02M or -46.6%), and South Korea (¥-65k or -1.03%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)¥486M(35.6%)
IMPORT GROWTH (January 2023 - January 2024)¥-526M(-42.7%)
MAIN EXPORTER (January 2024)Aichi¥1.17B
MAIN DESTINATION (January 2024)China¥477M

This section shows Metalworking Machines'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 Metalworking Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$227M
IMPORTS (2022)$40.4M
NET TRADE (2022)$187M

In 2022, Japan exported $227M in Metalworking Machines. The main destinations of Japan exports on Metalworking Machines were China ($70.7M), United States ($38.4M), India ($28.3M), Chinese Taipei ($15.6M), and South Korea ($13.9M).

In 2022, Japan imported $40.4M in Metalworking Machines, mainly from Germany ($7.77M), China ($7.49M), Switzerland ($6.24M), Chinese Taipei ($5.94M), and United States ($5.24M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Japan WERE (2021 - 2022):
India$15.5M (121%)
Thailand$5.71M (78.9%)
Turkey$5.06M (2.65k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Japan WERE (2021 - 2022):
China-$10.3M (-12.8%)
United States-$3.38M (-8.1%)
Philippines-$3.31M (-42.2%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Metalworking Machines were:
Germany $667M
China $394M
In 2022, Japan's main importing competitors in Metalworking Machines were:
China $488M
United States $272M
India $115M

Explore Visualizations

Trade Value of Metalworking Machines by Exporters

Keep Exploring

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