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2022
Exports $2.1BWorld Rnk 2 / 161
Flag Rnk 67 / 4518
2022
Destination $235M United States
2021 - 2022
FASTEST GROWING MARKET $235MUnited States
2022
Imports $121MWorld Rnk 29 / 214
Flag Rnk 754 / 4526
2022
Origin $3.33M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $3.33MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $2.1B in Front end shovel loaders, making it the 2nd largest exporter of Front end shovel loaders in the world. At the same year, Front end shovel loaders was the 67th most exported product in Japan. The main destination of Front end shovel loaders exports from Japan are: United States ($1.42B), Australia ($115M), Canada ($73.5M), Netherlands ($48.2M), and United Arab Emirates ($47.4M).

The fastest growing export markets for Front end shovel loaders of Japan between 2021 and 2022 were United States ($235M), Netherlands ($14.1M), and Indonesia ($11.6M).

Imports In 2022, Japan imported $121M in Front end shovel loaders, becoming the 29th largest importer of Front end shovel loaders in the world. At the same year, Front end shovel loaders was the 754th most imported product in Japan. Japan imports Front end shovel loaders primarily from: United Kingdom ($51.1M), China ($47.5M), United States ($15.3M), United Arab Emirates ($2.75M), and Czechia ($2.55M).

The fastest growing import markets in Front end shovel loaders for Japan between 2021 and 2022 were China ($3.33M), United Kingdom ($1.75M), and India ($507k).

COMPANIES In 2023, leading companies such as Kubota (7.96k), Toyota (3.5k), and Wismettac Asian Foods (2.45k) were at the forefront of shipping Front end shovel loaders from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Front end shovel loaders exports accounted up to ¥39.9B and imports accounted up to ¥3.22B, resulting in a positive trade balance of ¥36.7B. Between June 2023 and June 2024 the exports of Japan's   Front end shovel loaders have increased by ¥14.7B (58.7%) from ¥25.1B to ¥39.9B, while imports increased by ¥1.6B (98.4%) from ¥1.62B to ¥3.22B.

Destinations In June 2024, Front end shovel loaders were exported mostly to United States (¥27.4B), Australia (¥3.04B), Netherlands (¥1.77B), United Arab Emirates (¥1.58B), and Canada (¥958M), and were imported mostly from United Kingdom (¥2.05B), China (¥879M), United States (¥200M), France (¥61.6M), and Germany (¥26.3M).

Growth In June 2024, the increase in Front end shovel loaders's year-by-year exports was explained primarily by an increase in exports to Netherlands (¥976M or 742%), Panama (¥261M or 191%), and Australia (¥173M or 13.1%). In June 2024, the increase in Front end shovel loaders's year-by-year imports was explained primarily by an increase in imports from United Kingdom (¥205M or 37.2%) and United States (¥18.7M or 18.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥14.7B(58.7%)
IMPORT GROWTH (June 2023 - June 2024)¥1.6B(98.4%)
MAIN EXPORTER (June 2024)Osaka¥17.5B
MAIN DESTINATION (June 2024)United States¥27.4B

This section shows Front end shovel loaders'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 Front end shovel loaders over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Front end shovel loaders throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.1B
IMPORTS (2022)$121M
NET TRADE (2022)$1.98B

In 2022, Japan exported $2.1B in Front end shovel loaders. The main destinations of Japan exports on Front end shovel loaders were United States ($1.42B), Australia ($115M), Canada ($73.5M), Netherlands ($48.2M), and United Arab Emirates ($47.4M).

In 2022, Japan imported $121M in Front end shovel loaders, mainly from United Kingdom ($51.1M), China ($47.5M), United States ($15.3M), United Arab Emirates ($2.75M), and Czechia ($2.55M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Front end shovel loaders EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$235M (19.9%)
Netherlands$14.1M (41.4%)
Indonesia$11.6M (59.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Front end shovel loaders BY Japan WERE (2021 - 2022):
Russia-$32.5M (-64.6%)
Canada-$16.2M (-18.1%)
India-$10.9M (-65.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Front end shovel loaders were:
China $3.14B
United States $1.87B
In 2022, Japan's main importing competitors in Front end shovel loaders were:
United States $2.99B
Canada $1.27B
Germany $834M

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Trade Value of Front end shovel loaders by Exporters

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