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2023
Exports $633MWorld Rnk 12 / 199
Flag Rnk 159 / 1209
2023
Destination $20M China
2022 - 2023
FASTEST GROWING MARKET $20MNetherlands
2023
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 167 / 1025
2023
Imports $1.67BWorld Rnk 4 / 223
Flag Rnk 79 / 1209
2023
Origin $93.1M Malaysia
2022 - 2023
FASTEST GROWING ORIGIN $93.1MPhilippines
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $633M in Navigation Equipment, making it the 12th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 159th most exported product in Japan. The main destination of Navigation Equipment exports from Japan are: China ($166M), United States ($126M), Thailand ($58.9M), Philippines ($37.7M), and Netherlands ($31.6M).

The fastest growing export markets for Navigation Equipment of Japan between 2022 and 2023 were Netherlands ($20M), Philippines ($17.1M), and Hong Kong ($16.6M).

Imports In 2023, Japan imported $1.67B in Navigation Equipment, becoming the 4th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 79th most imported product in Japan. Japan imports Navigation Equipment primarily from: Malaysia ($375M), Philippines ($368M), China ($347M), United States ($182M), and Mexico ($90.4M).

The fastest growing import markets in Navigation Equipment for Japan between 2022 and 2023 were Philippines ($93.1M), Thailand ($26.4M), and Malaysia ($20.5M).

COMPANIES In 2023, leading companies such as LG Electronics (3) were at the forefront of shipping Navigation Equipment from Japan to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Japan's Navigation Equipment exports accounted up to ¥5.16B and imports accounted up to ¥20.2B, resulting in a negative trade balance of ¥15B. Between November 2023 and November 2024 the exports of Japan's   Navigation Equipment have decreased by ¥-5.16B (-50%) from ¥10.3B to ¥5.16B, while imports decreased by ¥-2.88B (-12.5%) from ¥23B to ¥20.2B.

Destinations In November 2024, Navigation Equipment were exported mostly to China (¥1.55B), United States (¥970M), Netherlands (¥357M), South Africa (¥356M), and Malaysia (¥230M), and were imported mostly from China (¥4.77B), Philippines (¥4.02B), Malaysia (¥3.52B), United States (¥2.59B), and Thailand (¥1.7B).

Growth In November 2024, the decrease in Navigation Equipment's year-by-year exports was explained primarily by a decrease in exports to Belgium (¥-347M or -69.3%), Sweden (¥-338M or -98.8%), and China (¥-319M or -19.7%). In November 2024, the decrease in Navigation Equipment's year-by-year imports was explained primarily by a decrease in imports from United States (¥-1.14B or -46.7%), Indonesia (¥-698M or -94.1%), and Germany (¥-609M or -56.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥-5.16B(-50%)
IMPORT GROWTH (November 2023 - November 2024)¥-2.88B(-12.5%)
MAIN EXPORTER (November 2024)Aichi¥3.29B
MAIN DESTINATION (November 2024)China¥1.55B

This section shows Navigation Equipment'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 Navigation Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$633M
IMPORTS (2023)$1.67B
NET TRADE (2023)-$1.04B

In 2023, Japan exported $633M in Navigation Equipment. The main destinations of Japan exports on Navigation Equipment were China ($166M), United States ($126M), Thailand ($58.9M), Philippines ($37.7M), and Netherlands ($31.6M).

In 2023, Japan imported $1.67B in Navigation Equipment, mainly from Malaysia ($375M), Philippines ($368M), China ($347M), United States ($182M), and Mexico ($90.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Netherlands$20M (172%)
Philippines$17.1M (83.2%)
Hong Kong$16.6M (196%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Japan WERE (2022 - 2023):
China-$52M (-23.9%)
Belgium-$15.2M (-56.6%)
Sweden-$14.7M (-88.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Navigation Equipment were:
China $3.35B
United States $3.12B
Germany $1.92B
In 2023, Japan's main importing competitors in Navigation Equipment were:
United States $4.43B
Germany $2.3B
China $1.81B

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALChina+ $49.9M

Navigation Equipment’s highest export potential is N/A. With an export gap of N/A.   Navigation Equipment’s highest import potential is China with an import gap of $49.9M.

See methodology.

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