Electrical Transformers in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $5.13B in Electrical Transformers, making it the 4th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 31st most exported product in Japan. The main destination of Electrical Transformers exports from Japan are: China ($1.15B), United States ($964M), Hong Kong ($419M), South Korea ($330M), and Chinese Taipei ($289M).

The fastest growing export markets for Electrical Transformers of Japan between 2021 and 2022 were Czechia ($49.9M), Burma ($22M), and France ($18.3M).

Imports In 2022, Japan imported $3.84B in Electrical Transformers, becoming the 9th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 27th most imported product in Japan. Japan imports Electrical Transformers primarily from: China ($2.3B), Thailand ($207M), Malaysia ($196M), United States ($168M), and Philippines ($149M).

The fastest growing import markets in Electrical Transformers for Japan between 2021 and 2022 were China ($202M), Thailand ($29.8M), and Vietnam ($26.9M).

COMPANIES In 2023, leading companies such as FORD MOTOR COMPANY (60), KONECRANES (30), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (14) were at the forefront of shipping Electrical Transformers from Japan to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Japan's Electrical Transformers exports accounted up to ¥48.8B and imports accounted up to ¥48.6B, resulting in a positive trade balance of ¥162M. Between January 2023 and January 2024 the exports of Japan's Electrical Transformers have increased by ¥7.79B (19%) from ¥41B to ¥48.8B, while imports decreased by ¥-635M (-1.29%) from ¥49.3B to ¥48.6B.

Destinations In January 2024, Electrical Transformers were exported mostly to United States (¥11B), China (¥7.63B), Hong Kong (¥3.22B), South Korea (¥3.22B), and Taiwan (¥2.9B), and were imported mostly from China (¥33B), Thailand (¥2.68B), Malaysia (¥2.32B), United States (¥1.56B), and Philippines (¥1.56B).

Growth In January 2024, the increase in Electrical Transformers's year-by-year exports was explained primarily by an increase in exports to United States (¥1.53B or 21.6%), United Arab Emirates (¥759M or 3.22k%), and Saudi Arabia (¥661M or 3.75k%). In January 2024, the decrease in Electrical Transformers's year-by-year imports was explained primarily by a decrease in imports from South Korea (¥-253M or -22%), Switzerland (¥-156M or -60.9%), and Burma (¥-46.3M or -58.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥7.79B(19%)

IMPORT GROWTH (January 2023 - January 2024)¥-635M(-1.29%)

MAIN EXPORTER (January 2024)Aichi¥16.5B

MAIN DESTINATION (January 2024)United States¥11B

This section shows Electrical Transformers'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 Electrical Transformers over time.

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