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2023
Exports $68.8MWorld Rnk 9 / 135
Flag Rnk 495 / 1209
2023
Destination $6.32M United States
2022 - 2023
FASTEST GROWING MARKET $6.32MUnited States
2023
PRODUCT COMPLEXITY IN Work Trucks0.67Rnk 298 / 1025
2023
Imports $31MWorld Rnk 17 / 211
Flag Rnk 795 / 1209
2023
Origin $7.43M Australia
2022 - 2023
FASTEST GROWING ORIGIN $7.43MAustralia
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $68.8M in Work Trucks, making it the 9th largest exporter of Work Trucks in the world. At the same year, Work Trucks was the 495th most exported product in Japan. The main destination of Work Trucks exports from Japan are: United States ($29.2M), Canada ($5.77M), United Arab Emirates ($3.48M), Saudi Arabia ($2.69M), and Qatar ($2.35M).

The fastest growing export markets for Work Trucks of Japan between 2022 and 2023 were United States ($6.32M), Canada ($2.28M), and Indonesia ($1.98M).

Imports In 2023, Japan imported $31M in Work Trucks, becoming the 17th largest importer of Work Trucks in the world. At the same year, Work Trucks was the 795th most imported product in Japan. Japan imports Work Trucks primarily from: Australia ($7.96M), Germany ($7.22M), China ($4.81M), Italy ($4.33M), and United States ($3.63M).

The fastest growing import markets in Work Trucks for Japan between 2022 and 2023 were Australia ($7.43M), China ($2.34M), and France ($525k).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Work Trucks exports accounted up to ¥629M and imports accounted up to ¥46.7M, resulting in a positive trade balance of ¥582M. Between November 2023 and November 2024 the exports of Japan's   Work Trucks have increased by ¥207M (49%) from ¥422M to ¥629M, while imports decreased by ¥-171M (-78.6%) from ¥218M to ¥46.7M.

Destinations In November 2024, Work Trucks were exported mostly to United States (¥219M), Singapore (¥61.5M), Malaysia (¥58.4M), Indonesia (¥45.2M), and Saudi Arabia (¥41.6M), and were imported mostly from China (¥34.7M), United States (¥3M), South Korea (¥2.95M), Chinese Taipei (¥1.91M), and Italy (¥1.48M).

Growth In November 2024, the increase in Work Trucks's year-by-year exports was explained primarily by an increase in exports to United States (¥112M or 1.1k%), Thailand (¥20.8M or 356%), and Malaysia (¥17.5M or 639%). In November 2024, the decrease in Work Trucks's year-by-year imports was explained primarily by a decrease in imports from Germany (¥-12M or -92.8%), United States (¥-11.7M or -90.5%), and Canada (¥-626k or -53.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥207M(49%)
IMPORT GROWTH (November 2023 - November 2024)¥-171M(-78.6%)
MAIN EXPORTER (November 2024)Aichi¥1.02B
MAIN DESTINATION (November 2024)United States¥219M

This section shows Work Trucks'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 Work Trucks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$68.8M
IMPORTS (2023)$31M
NET TRADE (2023)$37.8M

In 2023, Japan exported $68.8M in Work Trucks. The main destinations of Japan exports on Work Trucks were United States ($29.2M), Canada ($5.77M), United Arab Emirates ($3.48M), Saudi Arabia ($2.69M), and Qatar ($2.35M).

In 2023, Japan imported $31M in Work Trucks, mainly from Australia ($7.96M), Germany ($7.22M), China ($4.81M), Italy ($4.33M), and United States ($3.63M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Work Trucks EXPORT MARKETS FOR Japan WERE (2022 - 2023):
United States$6.32M (27.6%)
Canada$2.28M (65.2%)
Indonesia$1.98M (669%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Work Trucks BY Japan WERE (2022 - 2023):
China-$1.44M (-50.5%)
South Africa-$579k (-91.8%)
Costa Rica-$467k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Work Trucks were:
Germany $300M
United States $292M
China $253M
In 2023, Japan's main importing competitors in Work Trucks were:
United States $387M
United Kingdom $171M
Australia $128M

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Trade Value of Work Trucks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.2M
TOP IMPORT POTENTIALChina+ $1.83M

Work Trucks’s highest export potential is China. With an export gap of $1.2M.   Work Trucks’s highest import potential is China with an import gap of $1.83M.

See methodology.

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