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2022
Exports $1.31BWorld Rnk 2 / 142
Flag Rnk 106 / 1213
2022
Destination $29.7M China
2021 - 2022
FASTEST GROWING MARKET $29.7MUnited States
2022
PRODUCT COMPLEXITY IN Non-Mechanical Removal Machinery1.73Rnk 18 / 1025
2022
Imports $177MWorld Rnk 12 / 204
Flag Rnk 424 / 1214
2022
Origin $11.2M China
2021 - 2022
FASTEST GROWING ORIGIN $11.2MAustria
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $1.31B in Non-Mechanical Removal Machinery, making it the 2nd largest exporter of Non-Mechanical Removal Machinery in the world. At the same year, Non-Mechanical Removal Machinery was the 106th most exported product in Japan. The main destination of Non-Mechanical Removal Machinery exports from Japan are: China ($332M), United States ($219M), Chinese Taipei ($198M), South Korea ($128M), and Hong Kong ($67.8M).

The fastest growing export markets for Non-Mechanical Removal Machinery of Japan between 2021 and 2022 were United States ($29.7M), Vietnam ($21.8M), and Hong Kong ($8.52M).

Imports In 2022, Japan imported $177M in Non-Mechanical Removal Machinery, becoming the 12th largest importer of Non-Mechanical Removal Machinery in the world. At the same year, Non-Mechanical Removal Machinery was the 424th most imported product in Japan. Japan imports Non-Mechanical Removal Machinery primarily from: China ($45.4M), Germany ($34.3M), Thailand ($27.4M), Austria ($15.5M), and United States ($12.8M).

The fastest growing import markets in Non-Mechanical Removal Machinery for Japan between 2021 and 2022 were Austria ($11.2M), China ($10.6M), and Thailand ($7.77M).

Latest Trends

October 2024

About

Overview In October 2024 Japan's Non-Mechanical Removal Machinery exports accounted up to ¥11.1B and imports accounted up to ¥2.04B, resulting in a positive trade balance of ¥9.09B. Between October 2023 and October 2024 the exports of Japan's   Non-Mechanical Removal Machinery have decreased by ¥-330M (-2.88%) from ¥11.5B to ¥11.1B, while imports increased by ¥457M (28.9%) from ¥1.58B to ¥2.04B.

Destinations In October 2024, Non-Mechanical Removal Machinery were exported mostly to United States (¥3.87B), China (¥2B), Chinese Taipei (¥1.09B), South Korea (¥630M), and Belgium (¥526M), and were imported mostly from China (¥769M), Thailand (¥332M), Germany (¥194M), Switzerland (¥194M), and United States (¥120M).

Growth In October 2024, the decrease in Non-Mechanical Removal Machinery's year-by-year exports was explained primarily by a decrease in exports to South Korea (¥-894M or -56.6%), China (¥-354M or -16.9%), and Luxembourg (¥-304M or -72.3%). In October 2024, the increase in Non-Mechanical Removal Machinery's year-by-year imports was explained primarily by an increase in imports from Germany (¥326M or 162%), United States (¥161M or 96.1%), and Thailand (¥68.2M or 27.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)¥-330M(-2.88%)
IMPORT GROWTH (October 2023 - October 2024)¥457M(28.9%)
MAIN EXPORTER (October 2024)Aichi¥5B
MAIN DESTINATION (October 2024)United States¥3.87B

This section shows Non-Mechanical Removal Machinery'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 Non-Mechanical Removal Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.31B
IMPORTS (2022)$177M
NET TRADE (2022)$1.13B

In 2022, Japan exported $1.31B in Non-Mechanical Removal Machinery. The main destinations of Japan exports on Non-Mechanical Removal Machinery were China ($332M), United States ($219M), Chinese Taipei ($198M), South Korea ($128M), and Hong Kong ($67.8M).

In 2022, Japan imported $177M in Non-Mechanical Removal Machinery, mainly from China ($45.4M), Germany ($34.3M), Thailand ($27.4M), Austria ($15.5M), and United States ($12.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Mechanical Removal Machinery EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$29.7M (15.7%)
Vietnam$21.8M (163%)
Hong Kong$8.52M (14.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Mechanical Removal Machinery BY Japan WERE (2021 - 2022):
China-$64M (-16.2%)
South Korea-$30.8M (-19.5%)
Belgium-$10.6M (-23.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Non-Mechanical Removal Machinery were:
China $1.83B
Germany $1.19B
In 2022, Japan's main importing competitors in Non-Mechanical Removal Machinery were:
United States $987M
China $830M
Germany $390M

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Trade Value of Non-Mechanical Removal Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $11.2M
TOP IMPORT POTENTIALChina+ $18.4M

Non-Mechanical Removal Machinery’s highest export potential is India. With an export gap of $11.2M.   Non-Mechanical Removal Machinery’s highest import potential is China with an import gap of $18.4M.

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