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2022
Exports $102MWorld Rnk 3 / 132
Flag Rnk 435 / 1213
2022
Destination $5.93M Vietnam
2021 - 2022
FASTEST GROWING MARKET $5.93MNew Zealand
2022
PRODUCT COMPLEXITY IN Boiler Plants0.99Rnk 174 / 1025
2022
Imports $73.5MWorld Rnk 3 / 196
Flag Rnk 646 / 1214
2022
Origin $5.48M China
2021 - 2022
FASTEST GROWING ORIGIN $5.48MIndia
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $102M in Boiler Plants, making it the 3rd largest exporter of Boiler Plants in the world. At the same year, Boiler Plants was the 435th most exported product in Japan. The main destination of Boiler Plants exports from Japan are: Vietnam ($35.6M), Bangladesh ($26.8M), Chinese Taipei ($18M), New Zealand ($5.93M), and Malaysia ($3.46M).

The fastest growing export markets for Boiler Plants of Japan between 2021 and 2022 were New Zealand ($5.93M), Bangladesh ($5.11M), and Kuwait ($2.28M).

Imports In 2022, Japan imported $73.5M in Boiler Plants, becoming the 3rd largest importer of Boiler Plants in the world. At the same year, Boiler Plants was the 646th most imported product in Japan. Japan imports Boiler Plants primarily from: China ($26.5M), Switzerland ($9.74M), India ($6.34M), Chinese Taipei ($5.71M), and Vietnam ($3.97M).

The fastest growing import markets in Boiler Plants for Japan between 2021 and 2022 were India ($5.48M), Switzerland ($5.11M), and United States ($1.78M).

Latest Trends

October 2024

About

Overview In October 2024 Japan's Boiler Plants exports accounted up to ¥1.02B and imports accounted up to ¥222M, resulting in a positive trade balance of ¥794M. Between October 2023 and October 2024 the exports of Japan's   Boiler Plants have decreased by ¥-1B (-49.6%) from ¥2.02B to ¥1.02B, while imports decreased by ¥-418M (-65.3%) from ¥640M to ¥222M.

Destinations In October 2024, Boiler Plants were exported mostly to Indonesia (¥701M), Singapore (¥103M), Chinese Taipei (¥68.1M), China (¥66.2M), and Vietnam (¥35.6M), and were imported mostly from Chinese Taipei (¥67.9M), United States (¥46.7M), Switzerland (¥43.7M), China (¥22.3M), and South Korea (¥19.9M).

Growth In October 2024, the decrease in Boiler Plants's year-by-year exports was explained primarily by a decrease in exports to Malaysia (¥-11.1M or -90.3%), Thailand (¥-6.69M or -93.5%), and Philippines (¥-19k or -1.98%). In October 2024, the decrease in Boiler Plants's year-by-year imports was explained primarily by a decrease in imports from China (¥-570M or -92.4%) and Germany (¥-113M or -97.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)¥-1B(-49.6%)
IMPORT GROWTH (October 2023 - October 2024)¥-418M(-65.3%)
MAIN EXPORTER (October 2024)Hyōgo¥1.5B
MAIN DESTINATION (October 2024)Indonesia¥701M

This section shows Boiler Plants'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 Boiler Plants over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$102M
IMPORTS (2022)$73.5M
NET TRADE (2022)$28.8M

In 2022, Japan exported $102M in Boiler Plants. The main destinations of Japan exports on Boiler Plants were Vietnam ($35.6M), Bangladesh ($26.8M), Chinese Taipei ($18M), New Zealand ($5.93M), and Malaysia ($3.46M).

In 2022, Japan imported $73.5M in Boiler Plants, mainly from China ($26.5M), Switzerland ($9.74M), India ($6.34M), Chinese Taipei ($5.71M), and Vietnam ($3.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Boiler Plants EXPORT MARKETS FOR Japan WERE (2021 - 2022):
New Zealand$5.93M (1%)
Bangladesh$5.11M (23.6%)
Kuwait$2.28M (1.28k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Boiler Plants BY Japan WERE (2021 - 2022):
Vietnam-$11.7M (-24.7%)
Indonesia-$2.06M (-79.9%)
China-$1.58M (-38%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Boiler Plants were:
China $463M
South Korea $110M
In 2022, Japan's main importing competitors in Boiler Plants were:
Indonesia $243M
United States $109M

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Trade Value of Boiler Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.24M
TOP IMPORT POTENTIALChina+ $5.13M

Boiler Plants’s highest export potential is China. With an export gap of $1.24M.   Boiler Plants’s highest import potential is China with an import gap of $5.13M.

See methodology.

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