2022
Exports
$166MWorld Rnk 6 / 156
Flag Rnk 351 / 1213
2022
PRODUCT COMPLEXITY IN Drilling Machines
1.13Rnk 123 / 1025
2022
Imports
$42.5MWorld Rnk 19 / 210
Flag Rnk 764 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $166M in Drilling Machines, making it the 6th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 351st most exported product in Japan. The main destination of Drilling Machines exports from Japan are: China ($31M), Vietnam ($23.3M), United States ($21.6M), Thailand ($19.2M), and South Korea ($13.9M).

The fastest growing export markets for Drilling Machines of Japan between 2021 and 2022 were Thailand ($6.74M), Netherlands ($1.87M), and South Korea ($1.52M).

Imports In 2022, Japan imported $42.5M in Drilling Machines, becoming the 19th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 764th most imported product in Japan. Japan imports Drilling Machines primarily from: Germany ($21M), China ($4.41M), Poland ($4.27M), South Korea ($3.24M), and Chinese Taipei ($2.86M).

The fastest growing import markets in Drilling Machines for Japan between 2021 and 2022 were Poland ($2.82M), South Korea ($969k), and Netherlands ($753k).

COMPANIES In 2023, leading companies such as Panasonic (1) and Toyota (1) were at the forefront of shipping Drilling Machines from Japan to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥-250M(-16.9%)
IMPORT GROWTH (August 2023 - August 2024)¥-743M(-89.9%)
MAIN EXPORTER (August 2024)Kanagawa¥751M
MAIN DESTINATION (August 2024)United States¥505M

This section shows Drilling Machines'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 Drilling Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$166M
IMPORTS (2022)$42.5M
NET TRADE (2022)$124M

In 2022, Japan exported $166M in Drilling Machines. The main destinations of Japan exports on Drilling Machines were China ($31M), Vietnam ($23.3M), United States ($21.6M), Thailand ($19.2M), and South Korea ($13.9M).

In 2022, Japan imported $42.5M in Drilling Machines, mainly from Germany ($21M), China ($4.41M), Poland ($4.27M), South Korea ($3.24M), and Chinese Taipei ($2.86M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Thailand$6.74M (53.9%)
Netherlands$1.87M (75.2%)
South Korea$1.52M (12.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Japan WERE (2021 - 2022):
United States-$8.05M (-27.2%)
China-$4.81M (-13.4%)
India-$3.65M (-43.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Drilling Machines were:
In 2022, Japan's main importing competitors in Drilling Machines were:

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.97M
TOP IMPORT POTENTIALChina+ $3.49M

Drilling Machines’s highest export potential is China. With an export gap of $5.97M.   Drilling Machines’s highest import potential is China with an import gap of $3.49M.

See methodology.

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