2021
Exports | Imports
$225M | $44.4MWorld Rnk 3 / 149
Flag Rnk 312 / 1206
World Rnk 15 / 208
Flag Rnk 738 / 1213
2021
ECONOMIC COMPLEXITY of Japan
2.06Rnk 1 / 131
2021
PRODUCT COMPLEXITY IN Metalworking Machines
1.9Rnk 10 / 1024

About

Exports In 2021, Japan exported $225M in Metalworking Machines, making it the 3rd largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 312th most exported product in Japan. The main destination of Metalworking Machines exports from Japan are: China ($81M), United States ($41.7M), Chinese Taipei ($17.5M), South Korea ($14.5M), and India ($12.8M).

The fastest growing export markets for Metalworking Machines of Japan between 2020 and 2021 were China ($23.7M), United States ($9.46M), and Chinese Taipei ($7.88M).

Imports In 2021, Japan imported $44.4M in Metalworking Machines, becoming the 15th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 738th most imported product in Japan. Japan imports Metalworking Machines primarily from: United States ($11.8M), Germany ($7.89M), China ($7.62M), Switzerland ($5.57M), and Chinese Taipei ($4.83M).

The fastest growing import markets in Metalworking Machines for Japan between 2020 and 2021 were China ($2.16M), Thailand ($1.16M), and Denmark ($537k).

Latest Trends

November 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - November 2023)¥-772M(-24.5%)
IMPORT GROWTH (November 2022 - November 2023)¥614M(197%)
MAIN EXPORTER (November 2023)Hyōgo¥2.16B
MAIN DESTINATION (November 2023)United States¥731M

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

Trade Balance

Color
EXPORTS (2021)$225M
IMPORTS (2021)$44.4M
NET TRADE (2021)$180M

In 2021, Japan exported $225M in Metalworking Machines. The main destinations of Japan exports on Metalworking Machines were China ($81M), United States ($41.7M), Chinese Taipei ($17.5M), South Korea ($14.5M), and India ($12.8M).

In 2021, Japan imported $44.4M in Metalworking Machines, mainly from United States ($11.8M), Germany ($7.89M), China ($7.62M), Switzerland ($5.57M), and Chinese Taipei ($4.83M).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Japan WERE (2020 - 2021):
China$23.7M (41.4%)
United States$9.46M (29.3%)
Chinese Taipei$7.88M (81.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Japan WERE (2020 - 2021):
India-$12.9M (-50.3%)
Thailand-$7.38M (-50.5%)
Poland-$5.73M (-87.5%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, Japan's main exporting competitors in Metalworking Machines were:
In 2021, Japan's main importing competitors in Metalworking Machines were:

Explore Visualizations

Trade Value of Metalworking Machines by Exporters

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