Overview In November 2022 Japan's Metalworking Machines exports accounted up to ¥3.15B and imports accounted up to ¥312M, resulting in a positive trade balance of ¥2.84B. Between November 2021 and November 2022 the exports of Japan's Metalworking Machines have increased by ¥885M (39%) from ¥2.27B to ¥3.15B, while imports increased by ¥125M (67.2%) from ¥187M to ¥312M.
Destinations In November 2022, Metalworking Machines were exported mostly to United States (¥844M), China (¥749M), Turkey (¥372M), Thailand (¥213M), and Vietnam (¥197M), and were imported mostly from China (¥171M), United States (¥74.9M), Taiwan (¥34.9M), Turkey (¥11.5M), and France (¥5.89M).
Growth In November 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 November 2022, the increase in Metalworking Machines's year-by-year imports was explained primarily by an increase in imports from Germany (¥398M or 162%), United States (¥70.8M or 75.5%), and China (¥9.03M or 20.1%).