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2023
Exports $244MWorld Rnk 1 / 132
Flag Rnk 298 / 1209
2023
Destination $3.34M China
2022 - 2023
FASTEST GROWING MARKET $3.34MAustria
2023
PRODUCT COMPLEXITY IN Photo Lab Equipment1.85Rnk 9 / 1025
2023
Imports $21.7MWorld Rnk 7 / 206
Flag Rnk 865 / 1209
2023
Origin $8.4M United States
2022 - 2023
FASTEST GROWING ORIGIN $8.4MUnited States
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $244M in Photo Lab Equipment, making it the 1st largest exporter of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 298th most exported product in Japan. The main destination of Photo Lab Equipment exports from Japan are: China ($114M), Chinese Taipei ($61.9M), Philippines ($29.6M), South Korea ($16.4M), and United States ($4.61M).

The fastest growing export markets for Photo Lab Equipment of Japan between 2022 and 2023 were Austria ($3.34M), United States ($1.04M), and Singapore ($605k).

Imports In 2023, Japan imported $21.7M in Photo Lab Equipment, becoming the 7th largest importer of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 865th most imported product in Japan. Japan imports Photo Lab Equipment primarily from: United States ($9.93M), China ($7.27M), Austria ($1.26M), Chinese Taipei ($673k), and Canada ($610k).

The fastest growing import markets in Photo Lab Equipment for Japan between 2022 and 2023 were United States ($8.4M), Canada ($410k), and Spain ($208k).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Photo Lab Equipment exports accounted up to ¥943M and imports accounted up to ¥208M, resulting in a positive trade balance of ¥735M. Between November 2023 and November 2024 the exports of Japan's   Photo Lab Equipment have decreased by ¥-757M (-44.5%) from ¥1.7B to ¥943M, while imports decreased by ¥-5.21M (-2.44%) from ¥214M to ¥208M.

Destinations In November 2024, Photo Lab Equipment were exported mostly to China (¥505M), Chinese Taipei (¥229M), South Korea (¥171M), United Arab Emirates (¥8.79M), and United States (¥7.32M), and were imported mostly from China (¥131M), Austria (¥28.2M), Poland (¥12M), United States (¥9.52M), and Canada (¥7.65M).

Growth In November 2024, the decrease in Photo Lab Equipment's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei (¥-706M or -75.7%), South Korea (¥-648M or -57.1%), and Vietnam (¥-40.6M or -73.4%). In November 2024, the decrease in Photo Lab Equipment's year-by-year imports was explained primarily by a decrease in imports from China (¥-32.3M or -16.1%), United States (¥-16.2M or -66.2%), and Denmark (¥-2.17M or -70.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥-757M(-44.5%)
IMPORT GROWTH (November 2023 - November 2024)¥-5.21M(-2.44%)
MAIN EXPORTER (November 2024)Kanagawa¥2.52B
MAIN DESTINATION (November 2024)China¥505M

This section shows Photo Lab 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 Photo Lab Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$244M
IMPORTS (2023)$21.7M
NET TRADE (2023)$222M

In 2023, Japan exported $244M in Photo Lab Equipment. The main destinations of Japan exports on Photo Lab Equipment were China ($114M), Chinese Taipei ($61.9M), Philippines ($29.6M), South Korea ($16.4M), and United States ($4.61M).

In 2023, Japan imported $21.7M in Photo Lab Equipment, mainly from United States ($9.93M), China ($7.27M), Austria ($1.26M), Chinese Taipei ($673k), and Canada ($610k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Photo Lab Equipment EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Austria$3.34M (11k%)
United States$1.04M (29.3%)
Singapore$605k (51.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photo Lab Equipment BY Japan WERE (2022 - 2023):
Chinese Taipei-$4.08B (-98.5%)
South Korea-$68.4M (-80.7%)
Philippines-$39.3M (-57%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Photo Lab Equipment were:
China $156M
United States $56.2M
In 2023, Japan's main importing competitors in Photo Lab Equipment were:
China $192M
Chinese Taipei $73.2M
United States $67.8M

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Trade Value of Photo Lab Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.15M
TOP IMPORT POTENTIALSouth Korea+ $577k

Photo Lab Equipment’s highest export potential is United States. With an export gap of $2.15M.   Photo Lab Equipment’s highest import potential is South Korea with an import gap of $577k.

See methodology.

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