2022
Exports
$2.27BWorld Rnk 18 / 222
Flag Rnk 69 / 1213
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$8.13BWorld Rnk 4 / 225
Flag Rnk 14 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $2.27B in Insulated Wire, making it the 18th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 69th most exported product in Japan. The main destination of Insulated Wire exports from Japan are: China ($440M), United States ($378M), Philippines ($231M), Vietnam ($165M), and Thailand ($126M).

The fastest growing export markets for Insulated Wire of Japan between 2021 and 2022 were Philippines ($97M), Indonesia ($30.5M), and India ($18.1M).

Imports In 2022, Japan imported $8.13B in Insulated Wire, becoming the 4th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 14th most imported product in Japan. Japan imports Insulated Wire primarily from: China ($2.22B), Vietnam ($2.17B), Philippines ($1.4B), Indonesia ($853M), and Thailand ($524M).

The fastest growing import markets in Insulated Wire for Japan between 2021 and 2022 were China ($91.2M), Vietnam ($18.7M), and Philippines ($16.2M).

COMPANIES In 2023, leading companies such as LG Electronics (13), Samsung (6), and John Deere (3) were at the forefront of shipping Insulated Wire from Japan to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥1.18B(6.44%)
IMPORT GROWTH (August 2023 - August 2024)¥-1.85B(-1.77%)
MAIN EXPORTER (August 2024)Osaka¥7.38B
MAIN DESTINATION (August 2024)United States¥4.08B

This section shows Insulated Wire'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 Insulated Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.27B
IMPORTS (2022)$8.13B
NET TRADE (2022)-$5.86B

In 2022, Japan exported $2.27B in Insulated Wire. The main destinations of Japan exports on Insulated Wire were China ($440M), United States ($378M), Philippines ($231M), Vietnam ($165M), and Thailand ($126M).

In 2022, Japan imported $8.13B in Insulated Wire, mainly from China ($2.22B), Vietnam ($2.17B), Philippines ($1.4B), Indonesia ($853M), and Thailand ($524M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Philippines$97M (72.2%)
Indonesia$30.5M (40.4%)
India$18.1M (67.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Japan WERE (2021 - 2022):
China-$37.6M (-7.87%)
Russia-$34.5M (-88.5%)
Saudi Arabia-$32.3M (-88%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Insulated Wire were:
In 2022, Japan's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $162M
TOP IMPORT POTENTIALChina+ $551M

Insulated Wire’s highest export potential is United States. With an export gap of $162M.   Insulated Wire’s highest import potential is China with an import gap of $551M.

See methodology.

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