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2023
Exports $3.66BWorld Rnk 5 / 224
Flag Rnk 46 / 1209
2023
Destination $64.3M China
2022 - 2023
FASTEST GROWING MARKET $64.3MIndia
2023
PRODUCT COMPLEXITY IN Centrifuges1.22Rnk 101 / 1025
2023
Imports $1.85BWorld Rnk 12 / 225
Flag Rnk 69 / 1209
2023
Origin $24.2M China
2022 - 2023
FASTEST GROWING ORIGIN $24.2MChinese Taipei
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $3.66B in Centrifuges, making it the 5th largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 46th most exported product in Japan. The main destination of Centrifuges exports from Japan are: China ($690M), United States ($644M), Chinese Taipei ($340M), South Korea ($179M), and Belgium ($155M).

The fastest growing export markets for Centrifuges of Japan between 2022 and 2023 were India ($64.3M), Malaysia ($36.9M), and Spain ($22.2M).

Imports In 2023, Japan imported $1.85B in Centrifuges, becoming the 12th largest importer of Centrifuges in the world. At the same year, Centrifuges was the 69th most imported product in Japan. Japan imports Centrifuges primarily from: China ($510M), United States ($419M), Germany ($161M), Thailand ($134M), and South Korea ($128M).

The fastest growing import markets in Centrifuges for Japan between 2022 and 2023 were Chinese Taipei ($24.2M), United States ($23.5M), and South Korea ($17.7M).

COMPANIES In 2023, leading companies such as CONTINENTAL AUTOMOTIVE SYSTEMS, INC (40), AGCO (18), and Mahle Behr (15) were at the forefront of shipping Centrifuges from Japan to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Japan's Centrifuges exports accounted up to ¥34B and imports accounted up to ¥20.4B, resulting in a positive trade balance of ¥13.6B. Between November 2023 and November 2024 the exports of Japan's   Centrifuges have increased by ¥4.07B (13.6%) from ¥29.9B to ¥34B, while imports decreased by ¥-1.92B (-8.59%) from ¥22.3B to ¥20.4B.

Destinations In November 2024, Centrifuges were exported mostly to China (¥6.61B), United States (¥6.38B), Chinese Taipei (¥3.84B), Belgium (¥2.76B), and South Korea (¥2.19B), and were imported mostly from China (¥5.71B), United States (¥3.81B), Germany (¥1.78B), South Korea (¥1.65B), and Thailand (¥1.22B).

Growth In November 2024, the increase in Centrifuges's year-by-year exports was explained primarily by an increase in exports to China (¥915M or 27.1%), Belgium (¥807M or 43.6%), and South Korea (¥655M or 42.4%). In November 2024, the decrease in Centrifuges's year-by-year imports was explained primarily by a decrease in imports from Vietnam (¥-549M or -34.2%), France (¥-168M or -29.2%), and Germany (¥-116M or -6.56%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥4.07B(13.6%)
IMPORT GROWTH (November 2023 - November 2024)¥-1.92B(-8.59%)
MAIN EXPORTER (November 2024)Aichi¥6.57B
MAIN DESTINATION (November 2024)China¥6.61B

This section shows Centrifuges'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 Centrifuges over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.66B
IMPORTS (2023)$1.85B
NET TRADE (2023)$1.82B

In 2023, Japan exported $3.66B in Centrifuges. The main destinations of Japan exports on Centrifuges were China ($690M), United States ($644M), Chinese Taipei ($340M), South Korea ($179M), and Belgium ($155M).

In 2023, Japan imported $1.85B in Centrifuges, mainly from China ($510M), United States ($419M), Germany ($161M), Thailand ($134M), and South Korea ($128M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR Japan WERE (2022 - 2023):
India$64.3M (73.8%)
Malaysia$36.9M (67.3%)
Spain$22.2M (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY Japan WERE (2022 - 2023):
United States-$199M (-23.6%)
South Korea-$97.3M (-35.3%)
Chinese Taipei-$36.2M (-9.61%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Centrifuges were:
Germany $14.1B
United States $12.4B
China $11.8B
In 2023, Japan's main importing competitors in Centrifuges were:
United States $14.1B
Germany $7.79B
China $5.08B

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $164M
TOP IMPORT POTENTIALChina+ $173M

Centrifuges’s highest export potential is China. With an export gap of $164M.   Centrifuges’s highest import potential is China with an import gap of $173M.

See methodology.

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