Overview: In May 2021 Tochigi exported ¥10.5B and imported ¥5.18B, resulting in a positive trade balance of ¥5.31B. Between May 2020 and May 2021 the exports of Tochigi have decreased by $-685M (-6.12%) from ¥11.2B to ¥10.5B, while imports increased by ¥2.66B (106%) from ¥2.52B to ¥5.18B.
Trade: In May 2021, the top exports of Tochigi were LCDs (¥1.81B), Raw Plastic Sheeting (¥1.27B), Commodities not elsewhere specified (¥774M), Sewing Machines (¥604M), and Insulated Wire (¥547M). In May 2021 the top imports of Tochigi were Blood, antisera, vaccines, toxins and cultures (¥4.07B), Polyamides (¥298M), Hard Liquor (¥176M), Medical Instruments (¥71.1M), and Polyacetals (¥70.8M).
Destinations: In May 2021, Tochigi exported mostly to China (¥3.05B), South Korea (¥1.55B), Taiwan (¥900M), Hong Kong (¥764M), and United States (¥740M), and imported mostly from United States (¥3.47B), South Korea (¥919M), China (¥157M), Thailand (¥122M), and Vietnam (¥115M).
Growth: In May 2021, the decrease in Tochigi's year-by-year exports was explained primarily by an decrease in exports to Switzerland (¥-4.37B or -100%), France (¥-42.2M or -10.3%), and United Kingdom (¥-26.9M or -12.6%), and product exports decrease in Blood, antisera, vaccines, toxins and cultures (¥-4.51B or -94.3%), Other Electrical Machinery (¥-96.2M or -81.6%), and Glues (¥-86.6M or -16.7%). In May 2021, the increase in Tochigi's year-by-year imports was explained primarily by an increase in imports from United States (¥1.63B or 88.2%), United Kingdom (¥63M or 147%), and Thailand (¥48.2M or 65.5%), and product imports increase in Blood, antisera, vaccines, toxins and cultures (¥2.72B or 202%), Hard Liquor (¥137M or 345%), and Other Frozen Vegetables (¥43.5M or 1.62k%).