Large Construction Vehicles in Japan 2020 Exports | Imports : $8.24B | $242M, World Rnk 1 / 177 Rnk 9 / 1207 | World Rnk 41 / 219 Rnk 312 / 1206
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $83.3M | $3.74M, Turkey | Germany
2020 ECONOMIC COMPLEXITY of Japan: 2.19, Rnk 1 / 127
2020 PRODUCT COMPLEXITY IN Large Construction Vehicles: 0.78, Rnk 245 / 1029
Exports In 2020, Japan exported $8.24B in Large Construction Vehicles, making it the 1st largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 9th most exported product in Japan. The main destination of Large Construction Vehicles exports from Japan are: United States ($3.03B), Netherlands ($736M), Australia ($441M), Russia ($273M), and United Kingdom ($264M).
The fastest growing export markets for Large Construction Vehicles of Japan between 2019 and 2020 were Turkey ($83.3M), Australia ($40M), and India ($27.3M).
Imports In 2020, Japan imported $242M in Large Construction Vehicles, becoming the 41st largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 312th most imported product in Japan. Japan imports Large Construction Vehicles primarily from: China ($59.9M), United Kingdom ($56.2M), United States ($40.1M), Brazil ($37.2M), and France ($24.3M).
The fastest growing import markets in Large Construction Vehicles for Japan between 2019 and 2020 were Germany ($3.74M), South Korea ($2.52M), and France ($2.12M).
October 2022
Overview In October 2022 Japan's Large Construction Vehicles exports accounted up to ¥143B and imports accounted up to ¥2.22B, resulting in a positive trade balance of ¥141B. Between October 2021 and October 2022 the exports of Japan's Large Construction Vehicles have increased by ¥35.1B (32.4%) from ¥108B to ¥143B, while imports decreased by ¥-246M (-9.94%) from ¥2.47B to ¥2.22B.
Destinations In October 2022, Large Construction Vehicles were exported mostly to United States (¥70.9B), Netherlands (¥12.2B), Australia (¥7.25B), Indonesia (¥4.46B), and Canada (¥3.78B), and were imported mostly from China (¥1.12B), United Kingdom (¥706M), Thailand (¥222M), Italy (¥73.8M), and Germany (¥26.7M).
Growth In October 2022, the increase in Large Construction Vehicles's year-by-year exports was explained primarily by an increase in exports to Netherlands (¥2.63B or 50.8%), Australia (¥2.53B or 82.5%), and United States (¥2.46B or 9.65%). In October 2022, the decrease in Large Construction Vehicles's year-by-year imports was explained primarily by a decrease in imports from United States (¥-322M or -41%), United Kingdom (¥-184M or -31.9%), and Brazil (¥-96.3M or -39.3%).
EXPORT GROWTH (October 2021 - October 2022): ¥35.1B, (32.4%)
IMPORT GROWTH (October 2021 - October 2022): ¥-246M, (-9.94%)
MAIN EXPORTER (October 2022): Hyōgo, ¥53.3B
MAIN DESTINATION (October 2022): United States, ¥70.9B
This section shows Large Construction Vehicles'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 Large Construction Vehicles over time.
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EXPORTS (2020): $8.24B
IMPORTS (2020): $242M
NET TRADE (2020): $8B
In 2020, Japan exported $8.24B in Large Construction Vehicles. The main destinations of Japan exports on Large Construction Vehicles were United States ($3.03B), Netherlands ($736M), Australia ($441M), Russia ($273M), and United Kingdom ($264M).
In 2020, Japan imported $242M in Large Construction Vehicles, mainly from China ($59.9M), United Kingdom ($56.2M), United States ($40.1M), Brazil ($37.2M), and France ($24.3M).
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Japan WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Japan WERE (2019 - 2020):
In 2020, Japan's main exporting competitors in Large Construction Vehicles were:
In 2020, Japan's main importing competitors in Large Construction Vehicles were:
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