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 (¥36.4B), United States (¥22.3B), Taiwan (¥6.48B), South Korea (¥4.11B), and Mexico (¥4.06B), and were imported mostly from China (¥8.58B), Germany (¥3.01B), United States (¥2.87B), South Korea (¥1.47B), and Taiwan (¥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 (¥3.58B or 376%), United States (¥3.37B or 45.3%), and Brazil (¥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 (¥-273M or -36.7%), United Kingdom (¥-195M or -49%), and Singapore (¥-190M or -47.5%).