Tractors in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $2.57B in Tractors, making it the 8th largest exporter of Tractors in the world. At the same year, Tractors was the 65th most exported product in Japan. The main destination of Tractors exports from Japan are: United States ($1.41B), Canada ($161M), Chinese Taipei ($112M), Thailand ($108M), and Australia ($80.2M).

The fastest growing export markets for Tractors of Japan between 2021 and 2022 were United States ($245M), Chinese Taipei ($50.5M), and Netherlands ($29.9M).

Imports In 2022, Japan imported $291M in Tractors, becoming the 44th largest importer of Tractors in the world. At the same year, Tractors was the 306th most imported product in Japan. Japan imports Tractors primarily from: Germany ($62.8M), France ($61.7M), Sweden ($46.5M), Netherlands ($31.5M), and United States ($28M).

The fastest growing import markets in Tractors for Japan between 2021 and 2022 were France ($18.8M), Netherlands ($15M), and Italy ($5.79M).

COMPANIES In 2023, leading companies such as AGCO CORPORATION (1.17k) were at the forefront of shipping Tractors from Japan to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Japan's Tractors exports accounted up to ¥15.9B and imports accounted up to ¥3.08B, resulting in a positive trade balance of ¥12.9B. Between January 2023 and January 2024 the exports of Japan's Tractors have increased by ¥3.43B (27.4%) from ¥12.5B to ¥15.9B, while imports increased by ¥1.65B (116%) from ¥1.42B to ¥3.08B.

Destinations In January 2024, Tractors were exported mostly to United States (¥8.04B), Canada (¥1.11B), France (¥792M), South Korea (¥742M), and South Africa (¥496M), and were imported mostly from Sweden (¥1.39B), Germany (¥737M), Netherlands (¥447M), France (¥405M), and Austria (¥57.5M).

Growth In January 2024, the increase in Tractors's year-by-year exports was explained primarily by an increase in exports to Taiwan (¥323M or 57.3%), Mexico (¥223M or 173%), and Turkey (¥137M or 90.3%). In January 2024, the increase in Tractors's year-by-year imports was explained primarily by an increase in imports from United Kingdom (¥223M or 355%), Italy (¥104M or 260%), and Austria (¥98.1M or 687%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥3.43B(27.4%)

IMPORT GROWTH (January 2023 - January 2024)¥1.65B(116%)

MAIN EXPORTER (January 2024)Tokyo¥7.92B

MAIN DESTINATION (January 2024)United States¥8.04B

This section shows Tractors'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 Tractors over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.57B

IMPORTS (2022)$291M

NET TRADE (2022)$2.28B

In 2022, Japan exported $2.57B in Tractors. The main destinations of Japan exports on Tractors were United States ($1.41B), Canada ($161M), Chinese Taipei ($112M), Thailand ($108M), and Australia ($80.2M).

In 2022, Japan imported $291M in Tractors, mainly from Germany ($62.8M), France ($61.7M), Sweden ($46.5M), Netherlands ($31.5M), and United States ($28M).

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