Electric Motors in Japan | The Observatory of Economic Complexity

About

Exports In 2022, Japan exported $3.85B in Electric Motors, making it the 5th largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 39th most exported product in Japan. The main destination of Electric Motors exports from Japan are: China ($982M), United States ($820M), South Korea ($273M), Chinese Taipei ($223M), and Thailand ($157M).

The fastest growing export markets for Electric Motors of Japan between 2021 and 2022 were Netherlands ($34.2M), South Korea ($23.7M), and Malaysia ($17.8M).

Imports In 2022, Japan imported $2.02B in Electric Motors, becoming the 8th largest importer of Electric Motors in the world. At the same year, Electric Motors was the 70th most imported product in Japan. Japan imports Electric Motors primarily from: China ($955M), Vietnam ($215M), Thailand ($205M), Philippines ($107M), and United States ($97.5M).

The fastest growing import markets in Electric Motors for Japan between 2021 and 2022 were China ($71.4M), Vietnam ($34.7M), and United States ($27.2M).

COMPANIES In 2023, leading companies such as MAHLE BEHR DAYTON L.L.C. (297) and BROTHER INTERNATIONAL CORPORATION (20) were at the forefront of shipping Electric Motors from Japan to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Japan's Electric Motors exports accounted up to ¥33.3B and imports accounted up to ¥27.6B, resulting in a positive trade balance of ¥5.77B. Between January 2023 and January 2024 the exports of Japan's Electric Motors have increased by ¥1.34B (4.18%) from ¥32B to ¥33.3B, while imports increased by ¥3.52B (14.6%) from ¥24.1B to ¥27.6B.

Destinations In January 2024, Electric Motors were exported mostly to United States (¥11B), China (¥6.86B), Thailand (¥1.49B), South Korea (¥1.35B), and Netherlands (¥1.28B), and were imported mostly from China (¥13.5B), Vietnam (¥2.88B), Thailand (¥2.11B), Taiwan (¥1.96B), and United States (¥1.74B).

Growth In January 2024, the increase in Electric Motors's year-by-year exports was explained primarily by an increase in exports to Mexico (¥2.1B or 245%), United States (¥927M or 12.2%), and Hungary (¥632M or 3.94k%). In January 2024, the increase in Electric Motors's year-by-year imports was explained primarily by an increase in imports from China (¥2.82B or 29.6%), Vietnam (¥412M or 13.8%), and Philippines (¥406M or 51.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥1.34B(4.18%)

IMPORT GROWTH (January 2023 - January 2024)¥3.52B(14.6%)

MAIN EXPORTER (January 2024)Aichi¥12.8B

MAIN DESTINATION (January 2024)United States¥11B

This section shows Electric Motors'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 Electric Motors 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)$3.85B

IMPORTS (2022)$2.02B

NET TRADE (2022)$1.84B

In 2022, Japan exported $3.85B in Electric Motors. The main destinations of Japan exports on Electric Motors were China ($982M), United States ($820M), South Korea ($273M), Chinese Taipei ($223M), and Thailand ($157M).

In 2022, Japan imported $2.02B in Electric Motors, mainly from China ($955M), Vietnam ($215M), Thailand ($205M), Philippines ($107M), and United States ($97.5M).

Explore Visualizations