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2022
Exports $3.61MWorld Rnk 37 / 127
Flag Rnk 903 / 1213
2022
Destination $1.06M Indonesia
2021 - 2022
FASTEST GROWING MARKET $1.06MIndonesia
2022
PRODUCT COMPLEXITY IN Dairy Machinery0.92Rnk 201 / 1025
2022
Imports $49.5MWorld Rnk 13 / 183
Flag Rnk 732 / 1214
2022
Origin $9.3M Germany
2021 - 2022
FASTEST GROWING ORIGIN $9.3MGermany
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $3.61M in Dairy Machinery, making it the 37th largest exporter of Dairy Machinery in the world. At the same year, Dairy Machinery was the 903rd most exported product in Japan. The main destination of Dairy Machinery exports from Japan are: Indonesia ($1.15M), South Korea ($630k), United Kingdom ($515k), Canada ($303k), and Chinese Taipei ($123k).

The fastest growing export markets for Dairy Machinery of Japan between 2021 and 2022 were Indonesia ($1.06M), South Korea ($543k), and United Kingdom ($508k).

Imports In 2022, Japan imported $49.5M in Dairy Machinery, becoming the 13th largest importer of Dairy Machinery in the world. At the same year, Dairy Machinery was the 732nd most imported product in Japan. Japan imports Dairy Machinery primarily from: Germany ($16.1M), Netherlands ($11.7M), United States ($5.4M), Sweden ($5.12M), and Denmark ($3.12M).

The fastest growing import markets in Dairy Machinery for Japan between 2021 and 2022 were Germany ($9.3M), United States ($2.76M), and Portugal ($1.42M).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Dairy Machinery exports accounted up to ¥4.52M and imports accounted up to ¥195M, resulting in a negative trade balance of ¥190M. Between May 2023 and June 2024 the exports of Japan's   Dairy Machinery have decreased by ¥-3.94M (-46.6%) from ¥8.46M to ¥4.52M, while imports decreased by ¥-78.4M (-28.7%) from ¥273M to ¥195M.

Destinations In June 2024, Dairy Machinery were exported mostly to Italy (¥1.55M), Germany (¥1.39M), United States (¥1.28M), and Sweden (¥298k), and were imported mostly from Germany (¥84.1M), Sweden (¥41.5M), United States (¥16M), Denmark (¥14.7M), and Israel (¥12M).

Growth In June 2024, the decrease in Dairy Machinery's year-by-year exports was explained primarily by a decrease in exports to Germany (¥-3.67M or -86.8%). In June 2024, the decrease in Dairy Machinery's year-by-year imports was explained primarily by a decrease in imports from Netherlands (¥-354M or -57.7%), Sweden (¥-87.9M or -61.1%), and Denmark (¥-33.6M or -86.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)¥-3.94M(-46.6%)
IMPORT GROWTH (June 2023 - June 2024)¥-78.4M(-28.7%)
MAIN EXPORTER (June 2024)Tokyo¥14.1M
MAIN DESTINATION (June 2024)Italy¥1.55M

This section shows Dairy Machinery'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 Dairy Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.61M
IMPORTS (2022)$49.5M
NET TRADE (2022)-$45.8M

In 2022, Japan exported $3.61M in Dairy Machinery. The main destinations of Japan exports on Dairy Machinery were Indonesia ($1.15M), South Korea ($630k), United Kingdom ($515k), Canada ($303k), and Chinese Taipei ($123k).

In 2022, Japan imported $49.5M in Dairy Machinery, mainly from Germany ($16.1M), Netherlands ($11.7M), United States ($5.4M), Sweden ($5.12M), and Denmark ($3.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Dairy Machinery EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Indonesia$1.06M (1.21k%)
South Korea$543k (630%)
United Kingdom$508k (7.57k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Dairy Machinery BY Japan WERE (2021 - 2022):
Vietnam-$1.27M (-94.6%)
Malaysia-$177k (-94.7%)
Egypt-$176k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Dairy Machinery were:
Netherlands $426M
Germany $247M
Sweden $206M
In 2022, Japan's main importing competitors in Dairy Machinery were:
Germany $211M
United States $137M
France $127M

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Trade Value of Dairy Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $161k
TOP IMPORT POTENTIALChina+ $1.04M

Dairy Machinery’s highest export potential is United States. With an export gap of $161k.   Dairy Machinery’s highest import potential is China with an import gap of $1.04M.

See methodology.

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