Tobacco Processing Machines in Japan 2021 Exports | Imports : $5.37M | $12.4M, World Rnk 25 / 124 Rnk 853 / 1206 | World Rnk 28 / 168 Rnk 960 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $934k | $1.2M, Saudi Arabia | Italy
2021 ECONOMIC COMPLEXITY of Japan: 2.06, Rnk 1 / 131
2021 PRODUCT COMPLEXITY IN Tobacco Processing Machines: -0.3, Rnk 644 / 1029
Exports In 2021, Japan exported $5.37M in Tobacco Processing Machines, making it the 25th largest exporter of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 853rd most exported product in Japan. The main destination of Tobacco Processing Machines exports from Japan are: Saudi Arabia ($3.95M), Philippines ($857k), South Korea ($115k), Poland ($81.5k), and Nigeria ($51.9k).
The fastest growing export markets for Tobacco Processing Machines of Japan between 2020 and 2021 were Saudi Arabia ($934k), Philippines ($94.6k), and Nigeria ($43k).
Imports In 2021, Japan imported $12.4M in Tobacco Processing Machines, becoming the 28th largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 960th most imported product in Japan. Japan imports Tobacco Processing Machines primarily from: Germany ($7.26M), Italy ($2.91M), United Kingdom ($553k), China ($296k), and Netherlands ($271k).
The fastest growing import markets in Tobacco Processing Machines for Japan between 2020 and 2021 were Italy ($1.2M), Switzerland ($109k), and Vietnam ($74.8k).
February 2023
Overview In February 2023 Japan's Tobacco Processing Machines exports accounted up to ¥1.13M and imports accounted up to ¥55.4M, resulting in a negative trade balance of ¥54.3M. Between November 2020 and February 2023 the exports of Japan's Tobacco Processing Machines have increased by ¥1.13M (N/A%) from ¥0 to ¥1.13M, while imports increased by ¥3.72M (7.2%) from ¥51.7M to ¥55.4M.
Destinations In February 2023, Tobacco Processing Machines were exported mostly to Singapore (¥1.13M), and were imported mostly from Germany (¥24.4M), Switzerland (¥16.3M), United Kingdom (¥11M), Hungary (¥2.01M), and Taiwan (¥532k).
Growth In February 2023, the increase in Tobacco Processing Machines's year-by-year exports was explained primarily by an increase in exports to . In February 2023, the increase in Tobacco Processing Machines's year-by-year imports was explained primarily by an increase in imports from Germany (¥2.11M or 10.8%) and Hungary (¥320k or 104%).
EXPORT GROWTH (November 2020 - February 2023): ¥1.13M, (N/A%)
IMPORT GROWTH (February 2022 - February 2023): ¥3.72M, (7.2%)
MAIN EXPORTER (February 2023): Tokyo, ¥1.13M
MAIN DESTINATION (February 2023): Singapore, ¥1.13M
This section shows Tobacco Processing Machines'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 Tobacco Processing Machines over time.
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EXPORTS (2021): $5.37M
IMPORTS (2021): $12.4M
NET TRADE (2021): -$6.99M
In 2021, Japan exported $5.37M in Tobacco Processing Machines. The main destinations of Japan exports on Tobacco Processing Machines were Saudi Arabia ($3.95M), Philippines ($857k), South Korea ($115k), Poland ($81.5k), and Nigeria ($51.9k).
In 2021, Japan imported $12.4M in Tobacco Processing Machines, mainly from Germany ($7.26M), Italy ($2.91M), United Kingdom ($553k), China ($296k), and Netherlands ($271k).
THE FASTEST GROWING Tobacco Processing Machines EXPORT MARKETS FOR Japan WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco Processing Machines BY Japan WERE (2020 - 2021):
In 2021, Japan's main exporting competitors in Tobacco Processing Machines were:
In 2021, Japan's main importing competitors in Tobacco Processing Machines were:
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