Metalworking Transfer Machines in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $2.84B 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 58th most exported product in Japan. The main destination of Metalworking Transfer Machines exports from Japan are: China ($989M), United States ($685M), India ($134M), Germany ($121M), and South Korea ($90.4M).

The fastest growing export markets for Metalworking Transfer Machines of Japan between 2021 and 2022 were United States ($109M), Germany ($46.3M), and South Korea ($19.4M).

Imports In 2022, Japan imported $83.9M in Metalworking Transfer Machines, becoming the 26th largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 611th most imported product in Japan. Japan imports Metalworking Transfer Machines primarily from: Germany ($33.1M), Chinese Taipei ($25.3M), China ($7.72M), Poland ($4.32M), and Switzerland ($3.3M).

The fastest growing import markets in Metalworking Transfer Machines for Japan between 2021 and 2022 were Germany ($9.74M), Chinese Taipei ($7.65M), and China ($4.51M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Metalworking Transfer Machines from Japan to the United States.

Latest Trends

January 2024

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Overview In January 2024 Japan's Metalworking Transfer Machines exports accounted up to ¥22.3B and imports accounted up to ¥408M, resulting in a positive trade balance of ¥21.9B. Between January 2023 and January 2024 the exports of Japan's Metalworking Transfer Machines have increased by ¥1.33B (6.36%) from ¥20.9B to ¥22.3B, while imports decreased by ¥-81.8M (-16.7%) from ¥490M to ¥408M.

Destinations In January 2024, Metalworking Transfer Machines were exported mostly to China (¥7.36B), United States (¥4.33B), India (¥2.51B), South Korea (¥1.13B), and Turkey (¥953M), and were imported mostly from Switzerland (¥233M), Taiwan (¥81.4M), China (¥46.9M), Thailand (¥29.6M), and Germany (¥17.3M).

Growth In January 2024, the increase in Metalworking Transfer Machines's year-by-year exports was explained primarily by an increase in exports to United States (¥3.85B or 115%), China (¥589M or 11.8%), and Italy (¥482M or 116%). In January 2024, the decrease in Metalworking Transfer Machines's year-by-year imports was explained primarily by a decrease in imports from Germany (¥-203M or -39%), China (¥-111M or -87.2%), and Taiwan (¥-64.9M or -62.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥1.33B(6.36%)

IMPORT GROWTH (January 2023 - January 2024)¥-81.8M(-16.7%)

MAIN EXPORTER (January 2024)Aichi¥11.5B

MAIN DESTINATION (January 2024)China¥7.36B

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.

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