Valves in Japan | The Observatory of Economic Complexity

About

Exports In 2022, Japan exported $5.37B in Valves, making it the 5th largest exporter of Valves in the world. At the same year, Valves was the 25th most exported product in Japan. The main destination of Valves exports from Japan are: China ($1.62B), United States ($1.11B), South Korea ($517M), Thailand ($297M), and Chinese Taipei ($228M).

The fastest growing export markets for Valves of Japan between 2021 and 2022 were United States ($42.7M), Indonesia ($23.9M), and Saudi Arabia ($6.39M).

Imports In 2022, Japan imported $2.46B in Valves, becoming the 10th largest importer of Valves in the world. At the same year, Valves was the 56th most imported product in Japan. Japan imports Valves primarily from: China ($853M), United States ($369M), Vietnam ($241M), Germany ($174M), and South Korea ($131M).

The fastest growing import markets in Valves for Japan between 2021 and 2022 were Vietnam ($61.4M), United States ($49.8M), and China ($40.3M).

COMPANIES In 2023, leading companies such as CONTINENTAL AUTOMOTIVE SYSTEMS, INC (840), MAHLE BEHR DAYTON L.L.C. (198), and AGCO CORPORATION (184) were at the forefront of shipping Valves from Japan to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Japan's Valves exports accounted up to ¥40.7B and imports accounted up to ¥29.3B, resulting in a positive trade balance of ¥11.4B. Between January 2023 and January 2024 the exports of Japan's Valves have decreased by ¥-2.8B (-6.44%) from ¥43.5B to ¥40.7B, while imports decreased by ¥-552M (-1.85%) from ¥29.8B to ¥29.3B.

Destinations In January 2024, Valves were exported mostly to China (¥11.2B), United States (¥7.45B), South Korea (¥4.01B), Thailand (¥2.48B), and Taiwan (¥1.45B), and were imported mostly from China (¥9.63B), United States (¥5.01B), Vietnam (¥3.79B), Germany (¥1.71B), and South Korea (¥1.49B).

Growth In January 2024, the decrease in Valves's year-by-year exports was explained primarily by a decrease in exports to China (¥-1.9B or -14%), Taiwan (¥-454M or -24.9%), and Russia (¥-323M or -99.6%). In January 2024, the decrease in Valves's year-by-year imports was explained primarily by a decrease in imports from Switzerland (¥-191M or -14.3%), Israel (¥-92.8M or -59.5%), and South Korea (¥-39.9M or -2.83%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥-2.8B(-6.44%)

IMPORT GROWTH (January 2023 - January 2024)¥-552M(-1.85%)

MAIN EXPORTER (January 2024)Aichi¥9.69B

MAIN DESTINATION (January 2024)China¥11.2B

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$5.37B

IMPORTS (2022)$2.46B

NET TRADE (2022)$2.9B

In 2022, Japan exported $5.37B in Valves. The main destinations of Japan exports on Valves were China ($1.62B), United States ($1.11B), South Korea ($517M), Thailand ($297M), and Chinese Taipei ($228M).

In 2022, Japan imported $2.46B in Valves, mainly from China ($853M), United States ($369M), Vietnam ($241M), Germany ($174M), and South Korea ($131M).

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