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2022
Exports $3.59BWorld Rnk 5 / 219
Flag Rnk 47 / 1213
2022
Destination $49.7M China
2021 - 2022
FASTEST GROWING MARKET $49.7MNetherlands
2022
PRODUCT COMPLEXITY IN Electrical Control Boards0.56Rnk 343 / 1025
2022
Imports $1.7BWorld Rnk 10 / 224
Flag Rnk 91 / 1214
2022
Origin $127M China
2021 - 2022
FASTEST GROWING ORIGIN $127MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $3.59B in Electrical Control Boards, making it the 5th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 47th most exported product in Japan. The main destination of Electrical Control Boards exports from Japan are: China ($1.1B), United States ($649M), South Korea ($411M), Chinese Taipei ($295M), and India ($140M).

The fastest growing export markets for Electrical Control Boards of Japan between 2021 and 2022 were Netherlands ($49.7M), South Korea ($38.7M), and Czechia ($23.2M).

Imports In 2022, Japan imported $1.7B in Electrical Control Boards, becoming the 10th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 91st most imported product in Japan. Japan imports Electrical Control Boards primarily from: China ($795M), Thailand ($189M), United States ($169M), Germany ($115M), and South Korea ($93.6M).

The fastest growing import markets in Electrical Control Boards for Japan between 2021 and 2022 were China ($127M), United States ($25.9M), and Mexico ($9.76M).

COMPANIES In 2023, leading companies such as General Motors (5) and John Deere (1) were at the forefront of shipping Electrical Control Boards from Japan to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Japan's Electrical Control Boards exports accounted up to ¥34.3B and imports accounted up to ¥22.9B, resulting in a positive trade balance of ¥11.4B. Between October 2023 and October 2024 the exports of Japan's   Electrical Control Boards have increased by ¥3.83B (12.6%) from ¥30.4B to ¥34.3B, while imports increased by ¥2.85B (14.2%) from ¥20.1B to ¥22.9B.

Destinations In October 2024, Electrical Control Boards were exported mostly to China (¥12.3B), United States (¥5.7B), South Korea (¥3.72B), Chinese Taipei (¥2.5B), and India (¥2.39B), and were imported mostly from China (¥8.93B), United States (¥2.75B), Thailand (¥1.7B), Germany (¥1.69B), and South Korea (¥1.34B).

Growth In October 2024, the increase in Electrical Control Boards's year-by-year exports was explained primarily by an increase in exports to South Korea (¥1.66B or 44.6%), United States (¥288M or 6.93%), and United Kingdom (¥285M or 58.7%). In October 2024, the increase in Electrical Control Boards's year-by-year imports was explained primarily by an increase in imports from China (¥1.07B or 14.1%), United States (¥868M or 64.9%), and Malaysia (¥284M or 467%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)¥3.83B(12.6%)
IMPORT GROWTH (October 2023 - October 2024)¥2.85B(14.2%)
MAIN EXPORTER (October 2024)Kanagawa¥11.8B
MAIN DESTINATION (October 2024)China¥12.3B

This section shows Electrical Control Boards'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 Electrical Control Boards over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.59B
IMPORTS (2022)$1.7B
NET TRADE (2022)$1.88B

In 2022, Japan exported $3.59B in Electrical Control Boards. The main destinations of Japan exports on Electrical Control Boards were China ($1.1B), United States ($649M), South Korea ($411M), Chinese Taipei ($295M), and India ($140M).

In 2022, Japan imported $1.7B in Electrical Control Boards, mainly from China ($795M), Thailand ($189M), United States ($169M), Germany ($115M), and South Korea ($93.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Netherlands$49.7M (290%)
South Korea$38.7M (10.4%)
Czechia$23.2M (400%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Japan WERE (2021 - 2022):
China-$88.6M (-7.45%)
Thailand-$76.1M (-45%)
Chinese Taipei-$26.4M (-8.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Electrical Control Boards were:
China $14.2B
Germany $11.3B
Mexico $7.12B
In 2022, Japan's main importing competitors in Electrical Control Boards were:
United States $16.6B
Germany $8.76B
China $5.33B

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Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $138M
TOP IMPORT POTENTIALChina+ $150M

Electrical Control Boards’s highest export potential is United States. With an export gap of $138M.   Electrical Control Boards’s highest import potential is China with an import gap of $150M.

See methodology.

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