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2022
Exports $227MWorld Rnk 5 / 185
Flag Rnk 458 / 4518
falsefalse China
2021 - 2022
FASTEST GROWING MARKETfalseUnited States
2022
Imports $116MWorld Rnk 13 / 221
Flag Rnk 781 / 4526
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $227M in Tools for drilling, other than for rock drilling, making it the 5th largest exporter of Tools for drilling, other than for rock drilling in the world. At the same year, Tools for drilling, other than for rock drilling was the 458th most exported product in Japan. The main destination of Tools for drilling, other than for rock drilling exports from Japan are: China ($44.7M), United States ($41.5M), Chinese Taipei ($24.2M), Thailand ($18.1M), and South Korea ($15.2M).

The fastest growing export markets for Tools for drilling, other than for rock drilling of Japan between 2021 and 2022 were United States ($2M), Chinese Taipei ($1.76M), and Switzerland ($1.73M).

Imports In 2022, Japan imported $116M in Tools for drilling, other than for rock drilling, becoming the 13th largest importer of Tools for drilling, other than for rock drilling in the world. At the same year, Tools for drilling, other than for rock drilling was the 781st most imported product in Japan. Japan imports Tools for drilling, other than for rock drilling primarily from: China ($42.9M), Vietnam ($20.4M), Thailand ($16.3M), Germany ($9.64M), and Chinese Taipei ($7.96M).

COMPANIES In 2023, leading companies such as Kubota (7.96k), Toyota (3.5k), and Wismettac Asian Foods (2.45k) were at the forefront of shipping Tools for drilling, other than for rock drilling from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Tools for drilling, other than for rock drilling exports accounted up to ¥2.52B and imports accounted up to ¥1.3B, resulting in a positive trade balance of ¥1.23B. Between June 2023 and June 2024 the exports of Japan's   Tools for drilling, other than for rock drilling have increased by ¥241M (10.5%) from ¥2.28B to ¥2.52B, while imports increased by ¥11.3M (0.87%) from ¥1.29B to ¥1.3B.

Destinations In June 2024, Tools for drilling, other than for rock drilling were exported mostly to United States (¥624M), Chinese Taipei (¥391M), China (¥362M), Thailand (¥189M), and South Korea (¥166M), and were imported mostly from China (¥449M), Vietnam (¥231M), Thailand (¥178M), Germany (¥137M), and Chinese Taipei (¥93.7M).

Growth In June 2024, the increase in Tools for drilling, other than for rock drilling's year-by-year exports was explained primarily by an increase in exports to United States (¥78.6M or 23.7%), Chinese Taipei (¥65.1M or 43.8%), and Belgium (¥39.4M or 67.8%). In June 2024, the increase in Tools for drilling, other than for rock drilling's year-by-year imports was explained primarily by an increase in imports from Thailand (¥37.1M or 22.8%), Chinese Taipei (¥16.9M or 21.5%), and South Korea (¥7.2M or 11.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥241M(10.5%)
IMPORT GROWTH (June 2023 - June 2024)¥11.3M(0.87%)
MAIN DESTINATION (June 2024)United States¥624M

This section shows Tools for drilling, other than for rock drilling'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 Tools for drilling, other than for rock drilling over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Tools for drilling, other than for rock drilling throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$227M
IMPORTS (2022)$116M
NET TRADE (2022)$110M

In 2022, Japan exported $227M in Tools for drilling, other than for rock drilling. The main destinations of Japan exports on Tools for drilling, other than for rock drilling were China ($44.7M), United States ($41.5M), Chinese Taipei ($24.2M), Thailand ($18.1M), and South Korea ($15.2M).

In 2022, Japan imported $116M in Tools for drilling, other than for rock drilling, mainly from China ($42.9M), Vietnam ($20.4M), Thailand ($16.3M), Germany ($9.64M), and Chinese Taipei ($7.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tools for drilling, other than for rock drilling EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$2M (5.07%)
Chinese Taipei$1.76M (7.85%)
Switzerland$1.73M (27.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools for drilling, other than for rock drilling BY Japan WERE (2021 - 2022):
China-$2.76M (-5.82%)
Thailand-$2.15M (-10.6%)
Netherlands-$1.34M (-19.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Tools for drilling, other than for rock drilling were:
China $1.45B
Germany $1.18B
United States $281M
In 2022, Japan's main importing competitors in Tools for drilling, other than for rock drilling were:
Germany $648M
United States $640M
Netherlands $294M

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Trade Value of Tools for drilling, other than for rock drilling by Exporters

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