Soldering and Welding Machinery in Japan 2021 Exports | Imports : $41.2M | $25M, World Rnk 7 / 164 Rnk 573 / 1206 | World Rnk 10 / 217 Rnk 856 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $3.36M | $6.61M, United Kingdom | China
2021 ECONOMIC COMPLEXITY of Japan: 2.06, Rnk 1 / 131
2021 PRODUCT COMPLEXITY IN Soldering and Welding Machinery: 1.31, Rnk 88 / 1024
Exports In 2021, Japan exported $41.2M in Soldering and Welding Machinery, making it the 7th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 573rd most exported product in Japan. The main destination of Soldering and Welding Machinery exports from Japan are: China ($12.2M), United Kingdom ($3.68M), United States ($3.26M), Slovakia ($3.15M), and Thailand ($2.45M).
The fastest growing export markets for Soldering and Welding Machinery of Japan between 2020 and 2021 were United Kingdom ($3.36M), China ($3.06M), and Slovakia ($2.98M).
Imports In 2021, Japan imported $25M in Soldering and Welding Machinery, becoming the 10th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 856th most imported product in Japan. Japan imports Soldering and Welding Machinery primarily from: China ($17.3M), United States ($2.23M), South Korea ($1.26M), Thailand ($753k), and Austria ($624k).
The fastest growing import markets in Soldering and Welding Machinery for Japan between 2020 and 2021 were China ($6.61M), United States ($853k), and Austria ($182k).
May 2023
Overview In May 2023 Japan's Soldering and Welding Machinery exports accounted up to ¥296M and imports accounted up to ¥82.7M, resulting in a positive trade balance of ¥213M. Between May 2022 and May 2023 the exports of Japan's Soldering and Welding Machinery have increased by ¥126M (74.5%) from ¥169M to ¥296M, while imports decreased by ¥-2.25M (-2.65%) from ¥84.9M to ¥82.7M.
Destinations In May 2023, Soldering and Welding Machinery were exported mostly to China (¥180M), Indonesia (¥27.8M), Malaysia (¥27.6M), India (¥17M), and South Korea (¥7.4M), and were imported mostly from China (¥34.7M), United States (¥16.8M), Thailand (¥8.02M), Ireland (¥5.32M), and Taiwan (¥4M).
Growth In May 2023, the increase in Soldering and Welding Machinery's year-by-year exports was explained primarily by an increase in exports to China (¥52.8M or 457%), United States (¥29.8M or 479%), and Thailand (¥4.27M or 32.5%). In May 2023, the decrease in Soldering and Welding Machinery's year-by-year imports was explained primarily by a decrease in imports from South Korea (¥-2.82M or -52.7%), Germany (¥-2.78M or -42.7%), and Ireland (¥-1.87M or -81.4%).
EXPORT GROWTH (May 2022 - May 2023): ¥126M, (74.5%)
IMPORT GROWTH (May 2022 - May 2023): ¥-2.25M, (-2.65%)
MAIN EXPORTER (May 2023): Aichi, ¥292M
MAIN DESTINATION (May 2023): China, ¥180M
This section shows Soldering and Welding 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 Soldering and Welding Machinery over time.
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EXPORTS (2021): $41.2M
IMPORTS (2021): $25M
NET TRADE (2021): $16.3M
In 2021, Japan exported $41.2M in Soldering and Welding Machinery. The main destinations of Japan exports on Soldering and Welding Machinery were China ($12.2M), United Kingdom ($3.68M), United States ($3.26M), Slovakia ($3.15M), and Thailand ($2.45M).
In 2021, Japan imported $25M in Soldering and Welding Machinery, mainly from China ($17.3M), United States ($2.23M), South Korea ($1.26M), Thailand ($753k), and Austria ($624k).
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Japan WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Japan WERE (2020 - 2021):
In 2021, Japan's main exporting competitors in Soldering and Welding Machinery were:
In 2021, Japan's main importing competitors in Soldering and Welding Machinery were:
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