Machinery Having Individual Functions in Japan 2020 Exports | Imports : $19.9B | $4.5B, World Rnk 1 / 216 Rnk 4 / 1207 | World Rnk 6 / 225 Rnk 21 / 1206
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $232M | $92.7M, Chinese Taipei | Singapore
2020 ECONOMIC COMPLEXITY of Japan: 2.19, Rnk 1 / 127
2020 PRODUCT COMPLEXITY IN Machinery Having Individual Functions: 1.95, Rnk 10 / 1029
Exports In 2020, Japan exported $19.9B in Machinery Having Individual Functions, making it the 1st largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 4th most exported product in Japan. The main destination of Machinery Having Individual Functions exports from Japan are: China ($8.52B), United States ($2.5B), Chinese Taipei ($2.38B), South Korea ($2.19B), and Singapore ($543M).
The fastest growing export markets for Machinery Having Individual Functions of Japan between 2019 and 2020 were Chinese Taipei ($232M), South Korea ($224M), and Hong Kong ($59M).
Imports In 2020, Japan imported $4.5B in Machinery Having Individual Functions, becoming the 6th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 21st most imported product in Japan. Japan imports Machinery Having Individual Functions primarily from: United States ($1.35B), China ($805M), South Korea ($567M), Singapore ($439M), and Germany ($308M).
The fastest growing import markets in Machinery Having Individual Functions for Japan between 2019 and 2020 were Singapore ($92.7M), United States ($76.4M), and China ($48.9M).
December 2022
Overview In December 2022 Japan's Machinery Having Individual Functions exports accounted up to ¥106B and imports accounted up to ¥23.2B, resulting in a positive trade balance of ¥83.2B. Between December 2021 and December 2022 the exports of Japan's Machinery Having Individual Functions have increased by ¥9.68B (10%) from ¥96.7B to ¥106B, while imports decreased by ¥-250M (-1.07%) from ¥23.4B to ¥23.2B.
Destinations In December 2022, Machinery Having Individual Functions were exported mostly to China (Â¥36.4B), United States (Â¥22.3B), Taiwan (Â¥6.48B), South Korea (Â¥4.11B), and Mexico (Â¥4.06B), and were imported mostly from China (Â¥8.58B), Germany (Â¥3.01B), United States (Â¥2.87B), South Korea (Â¥1.47B), and Taiwan (Â¥1.43B).
Growth In December 2022, the increase in Machinery Having Individual Functions's year-by-year exports was explained primarily by an increase in exports to Luxembourg (Â¥3.58B or 376%), United States (Â¥3.37B or 45.3%), and Brazil (Â¥1.42B or 247%). In December 2022, the decrease in Machinery Having Individual Functions's year-by-year imports was explained primarily by a decrease in imports from Thailand (Â¥-273M or -36.7%), United Kingdom (Â¥-195M or -49%), and Singapore (Â¥-190M or -47.5%).
EXPORT GROWTH (December 2021 - December 2022): ¥9.68B, (10%)
IMPORT GROWTH (December 2021 - December 2022): ¥-250M, (-1.07%)
MAIN EXPORTER (December 2022): Tokyo, ¥23.4B
MAIN DESTINATION (December 2022): China, ¥36.4B
This section shows Machinery Having Individual Functions'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 Machinery Having Individual Functions over time.
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EXPORTS (2020): $19.9B
IMPORTS (2020): $4.5B
NET TRADE (2020): $15.4B
In 2020, Japan exported $19.9B in Machinery Having Individual Functions. The main destinations of Japan exports on Machinery Having Individual Functions were China ($8.52B), United States ($2.5B), Chinese Taipei ($2.38B), South Korea ($2.19B), and Singapore ($543M).
In 2020, Japan imported $4.5B in Machinery Having Individual Functions, mainly from United States ($1.35B), China ($805M), South Korea ($567M), Singapore ($439M), and Germany ($308M).
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Japan WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Japan WERE (2019 - 2020):
In 2020, Japan's main exporting competitors in Machinery Having Individual Functions were:
In 2020, Japan's main importing competitors in Machinery Having Individual Functions were:
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