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2023
Exports $83.9MWorld Rnk 6 / 143
Flag Rnk 467 / 1209
2023
Destination $4.84M Chinese Taipei
2022 - 2023
FASTEST GROWING MARKET $4.84MChinese Taipei
2023
PRODUCT COMPLEXITY IN Electrical Insulators0.91Rnk 200 / 1025
2023
Imports $31.9MWorld Rnk 24 / 206
Flag Rnk 784 / 1209
2023
Origin $1.78M China
2022 - 2023
FASTEST GROWING ORIGIN $1.78MGermany
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $83.9M in Electrical Insulators, making it the 6th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 467th most exported product in Japan. The main destination of Electrical Insulators exports from Japan are: Chinese Taipei ($20.6M), Italy ($8.65M), United States ($6.97M), Mexico ($6.34M), and China ($6M).

The fastest growing export markets for Electrical Insulators of Japan between 2022 and 2023 were Chinese Taipei ($4.84M), China ($3.38M), and Panama ($1.5M).

Imports In 2023, Japan imported $31.9M in Electrical Insulators, becoming the 24th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 784th most imported product in Japan. Japan imports Electrical Insulators primarily from: China ($8.84M), Germany ($4.77M), Switzerland ($4.18M), Chinese Taipei ($2.82M), and Vietnam ($1.87M).

The fastest growing import markets in Electrical Insulators for Japan between 2022 and 2023 were Germany ($1.78M), Italy ($627k), and United Arab Emirates ($482k).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Electrical Insulators exports accounted up to ¥608M and imports accounted up to ¥372M, resulting in a positive trade balance of ¥236M. Between November 2023 and November 2024 the exports of Japan's   Electrical Insulators have decreased by ¥-174M (-22.2%) from ¥782M to ¥608M, while imports decreased by ¥-70.1M (-15.9%) from ¥442M to ¥372M.

Destinations In November 2024, Electrical Insulators were exported mostly to Chinese Taipei (¥307M), Panama (¥112M), Italy (¥79.6M), China (¥26.4M), and Indonesia (¥21.6M), and were imported mostly from China (¥106M), United States (¥53.7M), Switzerland (¥43.4M), Germany (¥39.8M), and Chinese Taipei (¥32.9M).

Growth In November 2024, the decrease in Electrical Insulators's year-by-year exports was explained primarily by a decrease in exports to China (¥-25.6M or -73.6%), Indonesia (¥-16.2M or -88.3%), and Singapore (¥-11.5M or -90.3%). In November 2024, the decrease in Electrical Insulators's year-by-year imports was explained primarily by a decrease in imports from Italy (¥-14.3M or -89.6%), Germany (¥-13.8M or -44.9%), and France (¥-7.83M or -42.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥-174M(-22.2%)
IMPORT GROWTH (November 2023 - November 2024)¥-70.1M(-15.9%)
MAIN EXPORTER (November 2024)Aichi¥617M
MAIN DESTINATION (November 2024)Chinese Taipei¥307M

This section shows Electrical Insulators'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 Insulators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$83.9M
IMPORTS (2023)$31.9M
NET TRADE (2023)$52M

In 2023, Japan exported $83.9M in Electrical Insulators. The main destinations of Japan exports on Electrical Insulators were Chinese Taipei ($20.6M), Italy ($8.65M), United States ($6.97M), Mexico ($6.34M), and China ($6M).

In 2023, Japan imported $31.9M in Electrical Insulators, mainly from China ($8.84M), Germany ($4.77M), Switzerland ($4.18M), Chinese Taipei ($2.82M), and Vietnam ($1.87M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Chinese Taipei$4.84M (30.8%)
China$3.38M (129%)
Panama$1.5M (282%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Japan WERE (2022 - 2023):
United States-$13.3M (-65.6%)
South Korea-$5.8M (-87%)
Vietnam-$3.21M (-94.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Electrical Insulators were:
China $823M
United States $226M
Germany $216M
In 2023, Japan's main importing competitors in Electrical Insulators were:
United States $406M
Saudi Arabia $130M
Germany $125M

Explore Visualizations

Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.97M
TOP IMPORT POTENTIALChina+ $4.78M

Electrical Insulators’s highest export potential is United States. With an export gap of $2.97M.   Electrical Insulators’s highest import potential is China with an import gap of $4.78M.

See methodology.

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