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%).