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2022
Exports $590MWorld Rnk 10 / 200
Flag Rnk 178 / 1213
2022
Destination $15.2M China
2021 - 2022
FASTEST GROWING MARKET $15.2MPhilippines
2022
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 162 / 1025
2022
Imports $1.39BWorld Rnk 4 / 220
Flag Rnk 111 / 1214
2022
Origin $96.6M China
2021 - 2022
FASTEST GROWING ORIGIN $96.6MMexico
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $590M in Navigation Equipment, making it the 10th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 178th most exported product in Japan. The main destination of Navigation Equipment exports from Japan are: China ($196M), United States ($130M), Thailand ($28.6M), Belgium ($24.4M), and Germany ($21.1M).

The fastest growing export markets for Navigation Equipment of Japan between 2021 and 2022 were Philippines ($15.2M), Mexico ($13.1M), and Thailand ($10.2M).

Imports In 2022, Japan imported $1.39B in Navigation Equipment, becoming the 4th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 111th most imported product in Japan. Japan imports Navigation Equipment primarily from: China ($355M), Philippines ($274M), United States ($177M), Malaysia ($163M), and Mexico ($145M).

The fastest growing import markets in Navigation Equipment for Japan between 2021 and 2022 were Mexico ($96.6M), China ($60.9M), and Singapore ($12.8M).

COMPANIES In 2023, leading companies such as LG Electronics (3) were at the forefront of shipping Navigation Equipment from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Navigation Equipment exports accounted up to ¥4.4B and imports accounted up to ¥20.4B, resulting in a negative trade balance of ¥16B. Between June 2023 and June 2024 the exports of Japan's   Navigation Equipment have decreased by ¥-480M (-9.82%) from ¥4.88B to ¥4.4B, while imports increased by ¥344M (1.71%) from ¥20.1B to ¥20.4B.

Destinations In June 2024, Navigation Equipment were exported mostly to United States (¥1.1B), China (¥1.05B), Mexico (¥429M), Thailand (¥304M), and Malaysia (¥197M), and were imported mostly from China (¥4.8B), Malaysia (¥4.13B), Philippines (¥4.1B), United States (¥3.17B), and Thailand (¥1.36B).

Growth In June 2024, the decrease in Navigation Equipment's year-by-year exports was explained primarily by a decrease in exports to N/A. In June 2024, the increase in Navigation Equipment's year-by-year imports was explained primarily by an increase in imports from Philippines (¥1.01B or 30%), Thailand (¥322M or 184%), and Malaysia (¥292M or 6.57%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-480M(-9.82%)
IMPORT GROWTH (June 2023 - June 2024)¥344M(1.71%)
MAIN EXPORTER (June 2024)Aichi¥3.29B
MAIN DESTINATION (June 2024)United States¥1.1B

This section shows Navigation Equipment'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 Navigation Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$590M
IMPORTS (2022)$1.39B
NET TRADE (2022)-$805M

In 2022, Japan exported $590M in Navigation Equipment. The main destinations of Japan exports on Navigation Equipment were China ($196M), United States ($130M), Thailand ($28.6M), Belgium ($24.4M), and Germany ($21.1M).

In 2022, Japan imported $1.39B in Navigation Equipment, mainly from China ($355M), Philippines ($274M), United States ($177M), Malaysia ($163M), and Mexico ($145M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Philippines$15.2M (394%)
Mexico$13.1M (412%)
Thailand$10.2M (55.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Japan WERE (2021 - 2022):
United States-$57M (-30.5%)
Sweden-$50.6M (-76.6%)
Belgium-$27.8M (-53.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Navigation Equipment were:
China $3.22B
United States $2.61B
Germany $1.95B
In 2022, Japan's main importing competitors in Navigation Equipment were:
United States $3.89B
Germany $1.74B
China $1.5B

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.9M
TOP IMPORT POTENTIALChina+ $49.9M

Navigation Equipment’s highest export potential is United States. With an export gap of $27.9M.   Navigation Equipment’s highest import potential is China with an import gap of $49.9M.

See methodology.

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