Overview: In May 2021 Japan's Machinery Having Individual Functions exports accounted up to ¥87.9B and imports accounted up to ¥21.6B, resulting in a positive trade balance of ¥66.3B. Between May 2020 and May 2021 the exports of Japan's Machinery Having Individual Functions have increased by ¥16.5B (23.1%) from ¥71.4B to ¥87.9B, while imports increased by ¥4.9B (29.3%) from ¥16.7B to ¥21.6B.
Destinations: In May 2021, Machinery Having Individual Functions were exported mostly to China (¥40.3B), United States (¥11.5B), South Korea (¥4.41B), Luxembourg (¥4.01B), and Taiwan (¥3.94B), and were imported mostly from China (¥7.73B), United States (¥4.24B), South Korea (¥2.11B), Germany (¥2.03B), and Taiwan (¥1.25B).
Growth: In May 2021, the increase in Machinery Having Individual Functions's year-by-year exports was explained primarily by an increase in exports to China (¥5.59B or 16.1%), United States (¥4.4B or 62.2%), and Luxembourg (¥2.71B or 208%). In May 2021, the increase in Machinery Having Individual Functions's year-by-year imports was explained primarily by an increase in imports from United States (¥2.54B or 149%), China (¥1.33B or 20.8%), and South Korea (¥506M or 31.6%).