2022
Exports
$148BWorld Rnk 4 / 226
Flag Rnk 1 / 96
2022
PRODUCT COMPLEXITY IN Machinery, mechanical appliances, & parts
2.21Rnk 2 / 1025
2022
Imports
$67.1BWorld Rnk 10 / 226
Flag Rnk 3 / 96
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $148B in Machinery, mechanical appliances, & parts, making it the 4th largest exporter of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 1st most exported product in Japan. The main destination of Machinery, mechanical appliances, & parts exports from Japan are: United States ($35.3B), China ($30.9B), South Korea ($9.88B), Chinese Taipei ($9.74B), and Thailand ($5.85B).

The fastest growing export markets for Machinery, mechanical appliances, & parts of Japan between 2021 and 2022 were United States ($5.07B), Chinese Taipei ($3.3B), and South Korea ($3.12B).

Imports In 2022, Japan imported $67.1B in Machinery, mechanical appliances, & parts, becoming the 10th largest importer of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 3rd most imported product in Japan. Japan imports Machinery, mechanical appliances, & parts primarily from: China ($31.5B), United States ($7.74B), Thailand ($3.35B), South Korea ($3.31B), and Germany ($2.88B).

The fastest growing import markets in Machinery, mechanical appliances, & parts for Japan between 2021 and 2022 were United States ($1.73B), Singapore ($1.17B), and Netherlands ($473M).

COMPANIES In 2023, leading companies such as Kubota (3.46k), John Deere (906), and YAMAHA CORPORATION OF AMERICA (585) were at the forefront of shipping Machinery, mechanical appliances, & parts from Japan to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥-44.6B(-2.75%)
IMPORT GROWTH (September 2023 - September 2024)¥79.4B(9.88%)
MAIN EXPORTER (September 2024)Aichi¥330B
MAIN DESTINATION (September 2024)United States¥409B

This section shows Machinery, mechanical appliances, & parts'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, mechanical appliances, & parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$148B
IMPORTS (2022)$67.1B
NET TRADE (2022)$81.1B

In 2022, Japan exported $148B in Machinery, mechanical appliances, & parts. The main destinations of Japan exports on Machinery, mechanical appliances, & parts were United States ($35.3B), China ($30.9B), South Korea ($9.88B), Chinese Taipei ($9.74B), and Thailand ($5.85B).

In 2022, Japan imported $67.1B in Machinery, mechanical appliances, & parts, mainly from China ($31.5B), United States ($7.74B), Thailand ($3.35B), South Korea ($3.31B), and Germany ($2.88B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery, mechanical appliances, & parts EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$5.07B (16.8%)
Chinese Taipei$3.3B (51.2%)
South Korea$3.12B (46.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery, mechanical appliances, & parts BY Japan WERE (2021 - 2022):
Russia-$847M (-50.8%)
Netherlands-$375M (-8.8%)
Hong Kong-$262M (-10.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Machinery, mechanical appliances, & parts were:
In 2022, Japan's main importing competitors in Machinery, mechanical appliances, & parts were:

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Trade Value of Machinery, mechanical appliances, & parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.57B
TOP IMPORT POTENTIALChina+ $5.01B

Machinery, mechanical appliances, & parts’s highest export potential is Germany. With an export gap of $1.57B.   Machinery, mechanical appliances, & parts’s highest import potential is China with an import gap of $5.01B.

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