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2022
Exports $88.6MWorld Rnk 9 / 187
Flag Rnk 457 / 1213
2022
Destination $4.47M China
2021 - 2022
FASTEST GROWING MARKET $4.47MKuwait
2022
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts1.05Rnk 150 / 1025
2022
Imports $113MWorld Rnk 5 / 220
Flag Rnk 539 / 1214
2022
Origin $4.37M China
2021 - 2022
FASTEST GROWING ORIGIN $4.37MAustralia
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $88.6M in Opto-Electric Instrument Parts, making it the 9th largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 457th most exported product in Japan. The main destination of Opto-Electric Instrument Parts exports from Japan are: China ($11.7M), Thailand ($10.2M), Mexico ($6.69M), Slovakia ($6.25M), and Kuwait ($5.72M).

The fastest growing export markets for Opto-Electric Instrument Parts of Japan between 2021 and 2022 were Kuwait ($4.47M), Indonesia ($2.89M), and Kazakhstan ($1.41M).

Imports In 2022, Japan imported $113M in Opto-Electric Instrument Parts, becoming the 5th largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 539th most imported product in Japan. Japan imports Opto-Electric Instrument Parts primarily from: China ($22.5M), Australia ($17.3M), Thailand ($15.7M), Chinese Taipei ($14.7M), and Vietnam ($8.2M).

The fastest growing import markets in Opto-Electric Instrument Parts for Japan between 2021 and 2022 were Australia ($4.37M), Italy ($2.23M), and Chinese Taipei ($1.22M).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (9), Toyota (9), and TE Connectivity (1) were at the forefront of shipping Opto-Electric Instrument Parts from Japan to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Japan's Opto-Electric Instrument Parts exports accounted up to ¥604M and imports accounted up to ¥375M, resulting in a positive trade balance of ¥229M. Between September 2023 and September 2024 the exports of Japan's   Opto-Electric Instrument Parts have decreased by ¥-169M (-21.8%) from ¥773M to ¥604M, while imports decreased by ¥-6.8M (-1.78%) from ¥382M to ¥375M.

Destinations In September 2024, Opto-Electric Instrument Parts were exported mostly to United States (¥136M), Mexico (¥107M), China (¥105M), Indonesia (¥73.3M), and Thailand (¥57.2M), and were imported mostly from China (¥160M), United States (¥37.8M), South Korea (¥37.3M), Vietnam (¥30.2M), and Malaysia (¥29M).

Growth In September 2024, the decrease in Opto-Electric Instrument Parts's year-by-year exports was explained primarily by a decrease in exports to China (¥-60.8M or -52.5%), Germany (¥-25.5M or -84%), and Thailand (¥-24.5M or -21.9%). In September 2024, the decrease in Opto-Electric Instrument Parts's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (¥-18.2M or -58.3%), Vietnam (¥-1.28M or -24.4%), and United Kingdom (¥-690k or -8.51%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥-169M(-21.8%)
IMPORT GROWTH (September 2023 - September 2024)¥-6.8M(-1.78%)
MAIN EXPORTER (September 2024)Hiroshima¥331M
MAIN DESTINATION (September 2024)United States¥136M

This section shows Opto-Electric Instrument 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 Opto-Electric Instrument Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$88.6M
IMPORTS (2022)$113M
NET TRADE (2022)-$24.5M

In 2022, Japan exported $88.6M in Opto-Electric Instrument Parts. The main destinations of Japan exports on Opto-Electric Instrument Parts were China ($11.7M), Thailand ($10.2M), Mexico ($6.69M), Slovakia ($6.25M), and Kuwait ($5.72M).

In 2022, Japan imported $113M in Opto-Electric Instrument Parts, mainly from China ($22.5M), Australia ($17.3M), Thailand ($15.7M), Chinese Taipei ($14.7M), and Vietnam ($8.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Kuwait$4.47M (355%)
Indonesia$2.89M (125%)
Kazakhstan$1.41M (435%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY Japan WERE (2021 - 2022):
Chinese Taipei-$16.4M (-92.7%)
China-$16M (-57.8%)
Thailand-$7.83M (-43.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Opto-Electric Instrument Parts were:
United States $435M
Germany $420M
China $354M
In 2022, Japan's main importing competitors in Opto-Electric Instrument Parts were:
United States $380M
Germany $308M
Hong Kong $170M

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Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.63M
TOP IMPORT POTENTIALChina+ $4.08M

Opto-Electric Instrument Parts’s highest export potential is China. With an export gap of $4.63M.   Opto-Electric Instrument Parts’s highest import potential is China with an import gap of $4.08M.

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