HS Icon Office Machine Parts in  Flag Japan

2019
Exports | Imports
: $4.17B | $7.72B, World Rnk 13 / 221
Flag Rnk 36 / 1200 | World Rnk 7 / 225
Flag Rnk 13 / 1211

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $70.8M | $252M, United States |  China

2019
ECONOMIC COMPLEXITY of Japan
: 2.23, Rnk 1 / 147

2019
PRODUCT COMPLEXITY  IN Office Machine Parts
: 1.51, Rnk 52 / 1029

Exports: In 2019, Japan exported $4.17B in Office Machine Parts, making it the 13th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 36th most exported product in Japan. The main destination of Office Machine Parts exports from Japan are: United States ($1.03B), China ($635M), Netherlands ($461M), Germany ($292M), and Philippines ($244M).

The fastest growing export markets for Office Machine Parts of Japan between 2018 and 2019 were United States ($70.8M), Mexico ($13.9M), and Hungary ($12.8M).

Imports: In 2019, Japan imported $7.72B in Office Machine Parts, becoming the 7th largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 13th most imported product in Japan. Japan imports Office Machine Parts primarily from: China ($4.32B), Thailand ($697M), Philippines ($528M), Chinese Taipei ($490M), and United States ($260M).

The fastest growing import markets in Office Machine Parts for Japan between 2018 and 2019 were China ($252M), Chinese Taipei ($51M), and Vietnam ($42.3M).

Latest Trends (May 2021)

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Overview: In May 2021 Japan's Office Machine Parts exports accounted up to ¥15.1B and imports accounted up to ¥21B, resulting in a negative trade balance of ¥5.87B. Between May 2020 and May 2021 the exports of Japan's   Office Machine Parts have increased by ¥3.55B (30.7%) from ¥11.6B to ¥15.1B, while imports decreased by ¥-3.89B (-15.6%) from ¥24.9B to ¥21B.

Destinations: In May 2021, Office Machine Parts were exported mostly to China (¥5.84B), Philippines (¥2.09B), Thailand (¥1.92B), Vietnam (¥1.57B), and Hong Kong (¥1.2B), and were imported mostly from China (¥13.5B), Taiwan (¥2.66B), South Korea (¥1.11B), Vietnam (¥884M), and United States (¥657M).

Growth: In May 2021, the increase in Office Machine Parts's year-by-year exports was explained primarily by an increase in exports to Philippines (¥1.1B or 112%), Vietnam (¥1.04B or 193%), and China (¥676M or 13.1%). In May 2021, the decrease in Office Machine Parts's year-by-year imports was explained primarily by a decrease in imports from China (¥-4.08B or -23.3%), United States (¥-521M or -44.2%), and South Korea (¥-198M or -15.1%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (May 2020 - May 2021): ¥3.55B, (30.7%)

IMPORT GROWTH (May 2020 - May 2021): ¥-3.89B, (-15.6%)

MAIN EXPORTER (May 2021): Osaka, ¥7.54B

MAIN DESTINATION (May 2021): China, ¥5.84B

This section shows Office Machine Parts'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 Office Machine Parts over time.

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Historical Data

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Value

EXPORTS (2019): $4.17B

IMPORTS (2019): $7.72B

NET TRADE (2019): -$3.55B

In 2019, Japan exported $4.17B in Office Machine Parts. The main destinations of Japan exports on Office Machine Parts were United States ($1.03B), China ($635M), Netherlands ($461M), Germany ($292M), and Philippines ($244M).

In 2019, Japan imported $7.72B in Office Machine Parts, mainly from China ($4.32B), Thailand ($697M), Philippines ($528M), Chinese Taipei ($490M), and United States ($260M).

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IN 2019, Japan HAD A POSITIVE NET TRADE IN Office Machine Parts WITH:

IN 2019, Japan HAD A NEGATIVE NET TRADE IN Office Machine Parts WITH:

Flow

THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Japan WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Japan WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Japan's main exporting competitors in Office Machine Parts were:

In 2018, Japan's main importing competitors in Office Machine Parts were:

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Tariffs by Country

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In 2018, the tariffs for Office Machine Parts in the imports of Japan were of 0% around the world.