Industrial Food Preperation Machinery in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $345M in Industrial Food Preperation Machinery, making it the 10th largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 253rd most exported product in Japan. The main destination of Industrial Food Preperation Machinery exports from Japan are: United States ($65M), China ($63.6M), South Korea ($32.8M), Thailand ($26.9M), and Indonesia ($23.9M).

The fastest growing export markets for Industrial Food Preperation Machinery of Japan between 2021 and 2022 were Indonesia ($8.88M), Brazil ($6.72M), and United States ($5.99M).

Imports In 2022, Japan imported $187M in Industrial Food Preperation Machinery, becoming the 22nd largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 412th most imported product in Japan. Japan imports Industrial Food Preperation Machinery primarily from: Germany ($36.6M), China ($34.9M), Italy ($24.1M), United States ($21.1M), and Netherlands ($12.4M).

The fastest growing import markets in Industrial Food Preperation Machinery for Japan between 2021 and 2022 were Italy ($9.03M), China ($8.61M), and Denmark ($5.21M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Industrial Food Preperation Machinery from Japan to the United States.

Latest Trends

January 2024

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Overview In January 2024 Japan's Industrial Food Preperation Machinery exports accounted up to ¥2.69B and imports accounted up to ¥1.32B, resulting in a positive trade balance of ¥1.36B. Between January 2023 and January 2024 the exports of Japan's Industrial Food Preperation Machinery have increased by ¥666M (33%) from ¥2.02B to ¥2.69B, while imports decreased by ¥-273M (-17.1%) from ¥1.59B to ¥1.32B.

Destinations In January 2024, Industrial Food Preperation Machinery were exported mostly to South Korea (¥479M), Thailand (¥443M), United States (¥407M), China (¥319M), and Belgium (¥265M), and were imported mostly from United States (¥274M), Italy (¥265M), China (¥248M), Germany (¥174M), and United Kingdom (¥84M).

Growth In January 2024, the increase in Industrial Food Preperation Machinery's year-by-year exports was explained primarily by an increase in exports to Vietnam (¥81.1M or 1.21k%), Mexico (¥71.5M or 404%), and Taiwan (¥51.4M or 55.6%). In January 2024, the decrease in Industrial Food Preperation Machinery's year-by-year imports was explained primarily by a decrease in imports from France (¥-100M or -86.3%), United States (¥-70.6M or -30.8%), and Germany (¥-41M or -16.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥666M(33%)

IMPORT GROWTH (January 2023 - January 2024)¥-273M(-17.1%)

MAIN EXPORTER (January 2024)Tokyo¥524M

MAIN DESTINATION (January 2024)South Korea¥479M

This section shows Industrial Food Preperation Machinery'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 Industrial Food Preperation Machinery over time.

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