Cranes in Japan | The Observatory of Economic Complexity

About

Exports In 2022, Japan exported $1.12B in Cranes, making it the 4th largest exporter of Cranes in the world. At the same year, Cranes was the 116th most exported product in Japan. The main destination of Cranes exports from Japan are: United States ($297M), South Korea ($86.4M), Vietnam ($67.2M), United Arab Emirates ($54.4M), and Malaysia ($52.9M).

The fastest growing export markets for Cranes of Japan between 2021 and 2022 were United States ($51.7M), Mozambique ($47.4M), and Canada ($31.1M).

Imports In 2022, Japan imported $106M in Cranes, becoming the 38th largest importer of Cranes in the world. At the same year, Cranes was the 554th most imported product in Japan. Japan imports Cranes primarily from: China ($26.6M), Germany ($16.4M), Netherlands ($12.7M), Poland ($9.25M), and Chinese Taipei ($8.69M).

The fastest growing import markets in Cranes for Japan between 2021 and 2022 were Netherlands ($8.87M), Chinese Taipei ($6.61M), and United States ($3.26M).

COMPANIES In 2023, leading companies such as Sumitomo Rubber (194), Yokohama Industries (100), and BRIDGESTONE AIRCRAFT TIRE (89) were at the forefront of shipping Cranes from Japan to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Japan's Cranes exports accounted up to ¥14B and imports accounted up to ¥948M, resulting in a positive trade balance of ¥13.1B. Between October 2023 and October 2024 the exports of Japan's Cranes have decreased by ¥-1.24B (-8.14%) from ¥15.3B to ¥14B, while imports increased by ¥302M (46.8%) from ¥646M to ¥948M.

Destinations In October 2024, Cranes were exported mostly to United States (¥3.74B), Malaysia (¥2.43B), United Arab Emirates (¥1.46B), Saudi Arabia (¥1.26B), and South Korea (¥1.13B), and were imported mostly from China (¥353M), Netherlands (¥312M), Slovenia (¥115M), Poland (¥87M), and South Korea (¥30.9M).

Growth In October 2024, the decrease in Cranes's year-by-year exports was explained primarily by a decrease in exports to South Korea (¥-1.62B or -70%), Russia (¥-319M or -74.5%), and Chinese Taipei (¥-307M or -56%). In October 2024, the increase in Cranes's year-by-year imports was explained primarily by an increase in imports from China (¥309M or 522%), United States (¥124M or 2.22k%), and Poland (¥82.2M or 111%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)¥-1.24B(-8.14%)

IMPORT GROWTH (October 2023 - October 2024)¥302M(46.8%)

MAIN EXPORTER (October 2024)Hyōgo¥13.5B

MAIN DESTINATION (October 2024)United States¥3.74B

This section shows Cranes'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 Cranes over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.12B

IMPORTS (2022)$106M

NET TRADE (2022)$1.01B

In 2022, Japan exported $1.12B in Cranes. The main destinations of Japan exports on Cranes were United States ($297M), South Korea ($86.4M), Vietnam ($67.2M), United Arab Emirates ($54.4M), and Malaysia ($52.9M).

In 2022, Japan imported $106M in Cranes, mainly from China ($26.6M), Germany ($16.4M), Netherlands ($12.7M), Poland ($9.25M), and Chinese Taipei ($8.69M).

Explore Visualizations