Specialized Vehicles in Japan

EXPORTS (2018): $257M, World Rnk 10 / 150
Flag Rnk 307 / 1201

TOP DESTINATION (2018): $65.5M, United States

FASTEST GROWING MARKET (2017 - 2018): $26.7M, United States

IMPORTS (2018): $232M, World Rnk 16 / 211
Flag Rnk 353 / 1211

TOP ORIGIN (2018): $117M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $48.8M, Thailand

ECONOMIC COMPLEXITY of Japan (2018): 2.17, Rnk 1 / 137

PRODUCT COMPLEXITY  IN Specialized Vehicles (2018): 0.066, Rnk 520 / 1018

Exports: In 2018, Japan exported $257M in Specialized Vehicles, making it the 10th largest exporter of Specialized Vehicles in the world. At the same year, Specialized Vehicles was the 307th most exported product in Japan. The main destination of Specialized Vehicles exports from Japan are: United States ($65.5M), Philippines ($27.2M), Australia ($14.1M), Chinese Taipei ($13.2M), and Russia ($12.1M).

The fastest growing export markets for Specialized Vehicles of Japan between 2017 and 2018 were United States ($26.7M), Australia ($10.8M), and Russia ($7.96M).

Imports: In 2018, Japan imported $232M in Specialized Vehicles, becoming the 16th largest importer of Specialized Vehicles in the world. At the same year, Specialized Vehicles was the 353rd most imported product in Japan. Japan imports Specialized Vehicles primarily from: Germany ($117M), Thailand ($49.2M), United States ($11.5M), Italy ($10.6M), and Austria ($9.35M).

The fastest growing import markets in Specialized Vehicles for Japan between 2017 and 2018 were Thailand ($48.8M), Finland ($4.25M), and United States ($3.07M).

Overview: In November 2020 Japan's Specialized Vehicles exports accounted up to Β₯800M and imports accounted up to Β₯2.4B, resulting in a negative trade balance of Β₯1.6B. Between November 2019 and November 2020 the exports of Japan's   Specialized Vehicles have decreased by Β₯-398M (-33.2%) from Β₯1.2B to Β₯800M, while imports increased by Β₯1.36B (130%) from Β₯1.04B to Β₯2.4B.

Destinations: In November 2020 Specialized Vehicles exported mostly to Taiwan (Β₯206M), Philippines (Β₯142M), Russia (Β₯85.4M), Djibouti (Β₯73.9M), and United Arab Emirates (Β₯55.2M), and imported mostly from Germany (Β₯1.51B), Italy (Β₯264M), United States (Β₯238M), Austria (Β₯146M), and South Korea (Β₯62M).

Growth: In November 2020, the decrease in Specialized Vehicles's year-by-year exports was explained primarily by a decrease in exports to Vietnam (Β₯-222M or -88.1%), Philippines (Β₯-76M or -34.9%), and Thailand (Β₯-71.5M or -91.4%). In November 2020, the increase in Specialized Vehicles's year-by-year imports was explained primarily by an increase in imports from Germany (Β₯1.05B or 231%), United States (Β₯185M or 350%), and Italy (Β₯102M or 62.7%).

Subnational Monthly Trade

#permalink to section
Flow
Value

EXPORT GROWTH (November 2019 - November 2020): Β₯-398M, (-33.2%)

IMPORT GROWTH (November 2019 - November 2020): Β₯1.36B, (130%)

MAIN EXPORTER (November 2020): Kanagawa, Β₯330M

MAIN DESTINATION (November 2020): Taiwan, Β₯206M

This section shows Specialized Vehicles'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 Specialized Vehicles over time.

Value

EXPORTS (2018): $257M

IMPORTS (2018): $232M

NET TRADE (2018): $25.2M

In 2018, Japan exported $257M in Specialized Vehicles. The main destinations of Japan exports on Specialized Vehicles were United States ($65.5M), Philippines ($27.2M), Australia ($14.1M), Chinese Taipei ($13.2M), and Russia ($12.1M).

In 2018, Japan imported $232M in Specialized Vehicles, mainly from Germany ($117M), Thailand ($49.2M), United States ($11.5M), Italy ($10.6M), and Austria ($9.35M).

Explore Visualizations

IN 2018, Japan HAD A POSITIVE NET TRADE IN Specialized Vehicles WITH:

IN 2018, Japan HAD A NEGATIVE NET TRADE IN Specialized Vehicles WITH:

Flow

THE FASTEST GROWING Specialized Vehicles EXPORT MARKETS FOR Japan WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Specialized Vehicles BY Japan WERE (2017 - 2018):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2018, Japan's main exporting competitors in Specialized Vehicles were:

In 2018, Japan's main importing competitors in Specialized Vehicles were:

Explore Visualizations

Trade Forecasts

#permalink to section

Time

This section shows forecasts for total exports and imports, for Specialized Vehicles in Japan. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

Explore Forecasts

Tariffs by Country

#permalink to section

In 2018, the tariffs for Specialized Vehicles in the imports of Japan were of 0% around the world.

Explore Tariff Data