2023
Exports
$35.2MWorld Rnk 17 / 143
Flag Rnk 595 / 1209
2023
PRODUCT COMPLEXITY IN Traffic Signals
1.04Rnk 165 / 1025
2023
Imports
$31.4MWorld Rnk 28 / 215
Flag Rnk 792 / 1209
2023
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $35.2M in Traffic Signals, making it the 17th largest exporter of Traffic Signals in the world. At the same year, Traffic Signals was the 595th most exported product in Japan. The main destination of Traffic Signals exports from Japan are: Burma ($10.3M), China ($9.09M), India ($4.72M), South Korea ($2.39M), and United Kingdom ($1.85M).

The fastest growing export markets for Traffic Signals of Japan between 2022 and 2023 were Burma ($5.04M), China ($2.29M), and Singapore ($807k).

Imports In 2023, Japan imported $31.4M in Traffic Signals, becoming the 28th largest importer of Traffic Signals in the world. At the same year, Traffic Signals was the 792nd most imported product in Japan. Japan imports Traffic Signals primarily from: China ($7.5M), Slovakia ($4.54M), Portugal ($4.2M), United States ($3.31M), and Sweden ($2.73M).

The fastest growing import markets in Traffic Signals for Japan between 2022 and 2023 were Portugal ($3.9M), United States ($2.68M), and Sweden ($2.66M).

COMPANIES In 2023, leading companies such as General Motors (1) were at the forefront of shipping Traffic Signals from Japan to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥2.58B(540%)
IMPORT GROWTH (November 2023 - November 2024)¥-206M(-64.2%)
MAIN EXPORTER (November 2024)Kanagawa¥2.23B
MAIN DESTINATION (November 2024)Singapore¥2.11B

This section shows Traffic Signals'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 Traffic Signals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$35.2M
IMPORTS (2023)$31.4M
NET TRADE (2023)$3.83M

In 2023, Japan exported $35.2M in Traffic Signals. The main destinations of Japan exports on Traffic Signals were Burma ($10.3M), China ($9.09M), India ($4.72M), South Korea ($2.39M), and United Kingdom ($1.85M).

In 2023, Japan imported $31.4M in Traffic Signals, mainly from China ($7.5M), Slovakia ($4.54M), Portugal ($4.2M), United States ($3.31M), and Sweden ($2.73M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Traffic Signals EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Burma$5.04M (96.6%)
China$2.29M (33.7%)
Singapore$807k (1.43k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Traffic Signals BY Japan WERE (2022 - 2023):
South Korea-$3.72M (-60.9%)
Chinese Taipei-$703k (-45.8%)
United Kingdom-$623k (-25.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Traffic Signals were:
In 2023, Japan's main importing competitors in Traffic Signals were:

Explore Visualizations

Trade Value of Traffic Signals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.05M
TOP IMPORT POTENTIALChina+ $3.03M

Traffic Signals’s highest export potential is United States. With an export gap of $1.05M.   Traffic Signals’s highest import potential is China with an import gap of $3.03M.

See methodology.

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