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2022
Exports $785MWorld Rnk 2 / 188
Flag Rnk 147 / 1213
2022
Destination $30.2M China
2021 - 2022
FASTEST GROWING MARKET $30.2MNetherlands
2022
PRODUCT COMPLEXITY IN Electrical Parts-1.06Rnk 849 / 1025
2022
Imports $141MWorld Rnk 9 / 212
Flag Rnk 483 / 1214
2022
Origin $3.56M China
2021 - 2022
FASTEST GROWING ORIGIN $3.56MMalaysia
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $785M in Electrical Parts, making it the 2nd largest exporter of Electrical Parts in the world. At the same year, Electrical Parts was the 147th most exported product in Japan. The main destination of Electrical Parts exports from Japan are: China ($219M), Hong Kong ($174M), Germany ($64.8M), United States ($63.2M), and Chinese Taipei ($55.4M).

The fastest growing export markets for Electrical Parts of Japan between 2021 and 2022 were Netherlands ($30.2M), Singapore ($23.7M), and Thailand ($9.31M).

Imports In 2022, Japan imported $141M in Electrical Parts, becoming the 9th largest importer of Electrical Parts in the world. At the same year, Electrical Parts was the 483rd most imported product in Japan. Japan imports Electrical Parts primarily from: China ($90.4M), Chinese Taipei ($11.5M), Malaysia ($9.11M), Vietnam ($6.13M), and United States ($5.53M).

The fastest growing import markets in Electrical Parts for Japan between 2021 and 2022 were Malaysia ($3.56M), Canada ($2.63M), and Brazil ($1.35M).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Electrical Parts exports accounted up to ¥9.23B and imports accounted up to ¥663M, resulting in a positive trade balance of ¥8.56B. Between August 2023 and August 2024 the exports of Japan's   Electrical Parts have increased by ¥595M (6.89%) from ¥8.63B to ¥9.23B, while imports decreased by ¥-229M (-25.6%) from ¥892M to ¥663M.

Destinations In August 2024, Electrical Parts were exported mostly to China (¥2.96B), Hong Kong (¥1.61B), Netherlands (¥911M), United States (¥672M), and South Korea (¥659M), and were imported mostly from China (¥360M), Thailand (¥177M), Malaysia (¥56.6M), Vietnam (¥29.4M), and United States (¥26.3M).

Growth In August 2024, the increase in Electrical Parts's year-by-year exports was explained primarily by an increase in exports to Netherlands (¥681M or 1.46k%), Philippines (¥26.7M or 55.5%), and South Korea (¥26.4M or 5.42%). In August 2024, the decrease in Electrical Parts's year-by-year imports was explained primarily by a decrease in imports from United States (¥-2.24M or -15.1%), Germany (¥-686k or -11.6%), and Chinese Taipei (¥-539k or -13.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥595M(6.89%)
IMPORT GROWTH (August 2023 - August 2024)¥-229M(-25.6%)
MAIN EXPORTER (August 2024)Chiba¥6.39B
MAIN DESTINATION (August 2024)China¥2.96B

This section shows Electrical Parts'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 Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$785M
IMPORTS (2022)$141M
NET TRADE (2022)$643M

In 2022, Japan exported $785M in Electrical Parts. The main destinations of Japan exports on Electrical Parts were China ($219M), Hong Kong ($174M), Germany ($64.8M), United States ($63.2M), and Chinese Taipei ($55.4M).

In 2022, Japan imported $141M in Electrical Parts, mainly from China ($90.4M), Chinese Taipei ($11.5M), Malaysia ($9.11M), Vietnam ($6.13M), and United States ($5.53M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Parts EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Netherlands$30.2M (260%)
Singapore$23.7M (655%)
Thailand$9.31M (47.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Parts BY Japan WERE (2021 - 2022):
Germany-$53.1M (-45%)
Vietnam-$49.7M (-81.1%)
China-$37.4M (-14.6%)
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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 Parts were:
China $3.15B
United States $341M
In 2022, Japan's main importing competitors in Electrical Parts were:
Hong Kong $1.2B
Vietnam $1.19B
China $858M

Explore Visualizations

Trade Value of Electrical Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $3.39M
TOP IMPORT POTENTIALUnited States+ $2.01M

Electrical Parts’s highest export potential is Mexico. With an export gap of $3.39M.   Electrical Parts’s highest import potential is United States with an import gap of $2.01M.

See methodology.

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