Work Trucks in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $36.2M in Work Trucks, making it the 12th largest exporter of Work Trucks in the world. At the same year, Work Trucks was the 587th most exported product in Japan. The main destination of Work Trucks exports from Japan are: United States ($9.28M), China ($3.29M), Qatar ($2.16M), Thailand ($1.67M), and United Arab Emirates ($1.59M).

The fastest growing export markets for Work Trucks of Japan between 2021 and 2022 were Qatar ($1.52M), United Arab Emirates ($1.37M), and Canada ($1.35M).

Imports In 2022, Japan imported $51.9M in Work Trucks, becoming the 8th largest importer of Work Trucks in the world. At the same year, Work Trucks was the 723rd most imported product in Japan. Japan imports Work Trucks primarily from: Germany ($28M), Australia ($4.6M), China ($4.46M), Italy ($4.18M), and United States ($3.91M).

The fastest growing import markets in Work Trucks for Japan between 2021 and 2022 were Germany ($27.2M), South Korea ($3.24M), and United States ($961k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Work Trucks from Japan to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Japan's Work Trucks exports accounted up to ¥372M and imports accounted up to ¥242M, resulting in a positive trade balance of ¥130M. Between January 2023 and January 2024 the exports of Japan's Work Trucks have increased by ¥42M (12.7%) from ¥330M to ¥372M, while imports increased by ¥193M (391%) from ¥49.4M to ¥242M.

Destinations In January 2024, Work Trucks were exported mostly to Bangladesh (¥115M), Mexico (¥34.4M), Italy (¥32.9M), United States (¥32.2M), and Belgium (¥27.4M), and were imported mostly from Italy (¥204M), China (¥19.6M), Taiwan (¥9.34M), Sweden (¥3.05M), and South Korea (¥1.67M).

Growth In January 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 January 2024, the increase in Work Trucks's year-by-year imports was explained primarily by an increase in imports from China (¥25.1M or 177%), Taiwan (¥3.26M or 653%), and Belgium (¥290k or 99%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥42M(12.7%)

IMPORT GROWTH (January 2023 - January 2024)¥193M(391%)

MAIN EXPORTER (January 2024)Aichi¥251M

MAIN DESTINATION (January 2024)Bangladesh¥115M

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$36.2M

IMPORTS (2022)$51.9M

NET TRADE (2022)-$15.7M

In 2022, Japan exported $36.2M in Work Trucks. The main destinations of Japan exports on Work Trucks were United States ($9.28M), China ($3.29M), Qatar ($2.16M), Thailand ($1.67M), and United Arab Emirates ($1.59M).

In 2022, Japan imported $51.9M in Work Trucks, mainly from Germany ($28M), Australia ($4.6M), China ($4.46M), Italy ($4.18M), and United States ($3.91M).

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