Metalworking Transfer Machines in Japan

2019
Exports | Imports
: $2.87B | $144M, World Rnk 1 / 95
Flag Rnk 54 / 1200 | World Rnk 21 / 172
Flag Rnk 469 / 1211

2019
Destination | Origin
: $712M | $53.1M, United States | Germany

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $13.8M | $18.5M, Vietnam |  Germany

2019
ECONOMIC COMPLEXITY of Japan
: 2.29, Rnk 1 / 157

2019
PRODUCT COMPLEXITY  IN Metalworking Transfer Machines
: 2.25, Rnk 2 / 1029

Exports: In 2019, Japan exported $2.87B in Metalworking Transfer Machines, making it the 1st largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 54th most exported product in Japan. The main destination of Metalworking Transfer Machines exports from Japan are: United States ($712M), China ($684M), India ($194M), Thailand ($132M), and Germany ($124M).

The fastest growing export markets for Metalworking Transfer Machines of Japan between 2018 and 2019 were Vietnam ($13.8M), Indonesia ($11.2M), and Thailand ($9.18M).

Imports: In 2019, Japan imported $144M in Metalworking Transfer Machines, becoming the 21st largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 469th most imported product in Japan. Japan imports Metalworking Transfer Machines primarily from: Germany ($53.1M), Chinese Taipei ($43.1M), Austria ($12.1M), Italy ($8.25M), and United States ($7.02M).

The fastest growing import markets in Metalworking Transfer Machines for Japan between 2018 and 2019 were Germany ($18.5M), Austria ($8.89M), and United States ($3.04M).

Overview: In February 2021 Japan's Metalworking Transfer Machines exports accounted up to Β₯23.1B and imports accounted up to Β₯199M, resulting in a positive trade balance of Β₯22.9B. Between February 2020 and February 2021 the exports of Japan's   Metalworking Transfer Machines have increased by Β₯3.75B (19.4%) from Β₯19.3B to Β₯23.1B, while imports decreased by Β₯-347M (-63.5%) from Β₯546M to Β₯199M.

Destinations: In February 2021 Metalworking Transfer Machines exported mostly to China (Β₯11.7B), United States (Β₯3.48B), India (Β₯1.94B), Taiwan (Β₯819M), and Malaysia (Β₯537M), and imported mostly from Germany (Β₯128M), Poland (Β₯61.9M), Taiwan (Β₯8.82M), and China (Β₯0).

Growth: In February 2021, the increase in Metalworking Transfer Machines's year-by-year exports was explained primarily by an increase in exports to China (Β₯4.96B or 74%), India (Β₯1.1B or 130%), and Taiwan (Β₯433M or 112%). In February 2021, the decrease in Metalworking Transfer Machines's year-by-year imports was explained primarily by a decrease in imports from Germany (Β₯-222M or -63.3%), Taiwan (Β₯-49.6M or -84.9%), and China (Β₯-15.5M or -100%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (February 2020 - February 2021): Β₯3.75B, (19.4%)

IMPORT GROWTH (February 2020 - February 2021): Β₯-347M, (-63.5%)

MAIN EXPORTER (February 2021): Aichi, Β₯8.8B

MAIN DESTINATION (February 2021): China, Β₯11.7B

This section shows Metalworking Transfer 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 Transfer Machines over time.

Value

EXPORTS (2019): $2.87B

IMPORTS (2019): $144M

NET TRADE (2019): $2.72B

In 2019, Japan exported $2.87B in Metalworking Transfer Machines. The main destinations of Japan exports on Metalworking Transfer Machines were United States ($712M), China ($684M), India ($194M), Thailand ($132M), and Germany ($124M).

In 2019, Japan imported $144M in Metalworking Transfer Machines, mainly from Germany ($53.1M), Chinese Taipei ($43.1M), Austria ($12.1M), Italy ($8.25M), and United States ($7.02M).

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IN 2019, Japan HAD A POSITIVE NET TRADE IN Metalworking Transfer Machines WITH:

IN 2019, Japan HAD A NEGATIVE NET TRADE IN Metalworking Transfer Machines WITH:: Austria , -$7.36M ($4.73M - $12.1M)

Flow

THE FASTEST GROWING Metalworking Transfer Machines EXPORT MARKETS FOR Japan WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Transfer Machines BY Japan WERE (2018 - 2019):

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Market Concentration

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Type

In 2018, Japan's main exporting competitors in Metalworking Transfer Machines were:

In 2018, Japan's main importing competitors in Metalworking Transfer Machines were:

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Tariffs by Country

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

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