Exports In 2022, Japan exported $355M in Electric Furnaces, making it the 5 largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 251 most exported product in Japan. The main destination of Electric Furnaces exports from Japan are: China ($87.5M), United States ($73.6M), South Korea ($42.9M), Chinese Taipei ($32M), Vietnam ($23.5M).
The fastest growing export markets for Electric Furnaces of Japan between 2021 and 2022 were Vietnam ($11.7M),Philippines ($5.12M),United States ($4.76M).
Imports In 2022, Japan imported $139M in Electric Furnaces, becoming the 12 largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 491 most imported product in Japan. Japan imports Electric Furnaces primarily from: China ($50M), Germany ($15.6M), United States ($14.3M), Italy ($10.9M), South Korea ($8.88M).
The fastest growing import markets in Electric Furnaces for Japan between 2021 and 2022 were China ($5.04M),Vietnam ($3.96M),France ($1.73M).
COMPANIES In 2023, leading companies such as CNH Industrial (102), YAMAHA CORPORATION OF AMERICA (28), and Toshiba (18) were at the forefront of shipping Electric Furnaces from Japan to the United States.