HS Icon Metalworking Machines in  Flag Japan

2020
Exports | Imports
: $213M | $64M, World Rnk 3 / 146
Flag Rnk 303 / 1207 | World Rnk 7 / 210
Flag Rnk 641 / 1206

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $3.86M | $3.11M, Vietnam |  Austria


ECONOMIC COMPLEXITY of Japan
: 2.19, Rnk 1 / 127


PRODUCT COMPLEXITY  IN Metalworking Machines
: 2.13, Rnk 5 / 1028

Exports In 2020, Japan exported $213M in Metalworking Machines, making it the 3rd largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 303rd most exported product in Japan. The main destination of Metalworking Machines exports from Japan are: China ($57.3M), United States ($32.3M), India ($25.7M), South Korea ($16.1M), and Thailand ($14.6M).

The fastest growing export markets for Metalworking Machines of Japan between 2019 and 2020 were Vietnam ($3.86M), Poland ($2M), and Mexico ($1.03M).

Imports In 2020, Japan imported $64M in Metalworking Machines, becoming the 7th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 641st most imported product in Japan. Japan imports Metalworking Machines primarily from: United States ($15.2M), Germany ($13.6M), Switzerland ($8.52M), Chinese Taipei ($6.48M), and China ($5.47M).

The fastest growing import markets in Metalworking Machines for Japan between 2019 and 2020 were Austria ($3.11M), Philippines ($358k), and Vietnam ($221k).

February 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (February 2021 - February 2022): ¥1.07B, (107%)

IMPORT GROWTH (February 2021 - February 2022): ¥-125M, (-39.1%)

MAIN EXPORTER (February 2022): Hyōgo, ¥796M

MAIN DESTINATION (February 2022): China, ¥561M

This section shows Metalworking Machines'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 Metalworking Machines over time.

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Historical Data

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EXPORTS (2020): $213M

IMPORTS (2020): $64M

NET TRADE (2020): $149M

In 2020, Japan exported $213M in Metalworking Machines. The main destinations of Japan exports on Metalworking Machines were China ($57.3M), United States ($32.3M), India ($25.7M), South Korea ($16.1M), and Thailand ($14.6M).

In 2020, Japan imported $64M in Metalworking Machines, mainly from United States ($15.2M), Germany ($13.6M), Switzerland ($8.52M), Chinese Taipei ($6.48M), and China ($5.47M).

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IN 2020, Japan HAD A POSITIVE NET TRADE IN Metalworking Machines WITH:

IN 2020, Japan HAD A NEGATIVE NET TRADE IN Metalworking Machines WITH:

Flow

THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Japan WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Japan WERE (2019 - 2020):

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Market Concentration

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In 2019, Japan's main exporting competitors in Metalworking Machines were:

In 2019, Japan's main importing competitors in Metalworking Machines were:

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Tariffs by Country

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In 2018, the tariffs for Metalworking Machines in the imports of Japan were of 0% around the world.