Overview In February 2022 Japan's Metalworking Machines exports accounted up to ¥2.06B and imports accounted up to ¥194M, resulting in a positive trade balance of ¥1.87B. Between February 2021 and February 2022 the exports of Japan's Metalworking Machines have increased by ¥1.07B (107%) from ¥995M to ¥2.06B, while imports decreased by ¥-125M (-39.1%) from ¥319M to ¥194M.
Destinations In February 2022, Metalworking Machines were exported mostly to China (¥561M), South Korea (¥274M), United States (¥235M), India (¥217M), and Taiwan (¥194M), and were imported mostly from China (¥67.2M), Taiwan (¥52.4M), United States (¥33M), Thailand (¥15.9M), and South Korea (¥8.31M).
Growth In February 2022, the increase in Metalworking Machines's year-by-year exports was explained primarily by an increase in exports to Taiwan (¥288M or 3.55k%), United States (¥54.7M or 13.9%), and Philippines (¥12.5M or 12.7%). In February 2022, the decrease in Metalworking Machines's year-by-year imports was explained primarily by a decrease in imports from Switzerland (¥-373M or -54.3%), Italy (¥-222M or -100%), and Taiwan (¥-123M or -84.9%).