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2022
Exports $220MWorld Rnk 4 / 197
Flag Rnk 317 / 1213
2022
Destination $3.08M United States
2021 - 2022
FASTEST GROWING MARKET $3.08MUnited States
2022
PRODUCT COMPLEXITY IN Drafting Tools1.71Rnk 23 / 1025
2022
Imports $91.1MWorld Rnk 7 / 220
Flag Rnk 596 / 1214
2022
Origin $1.51M China
2021 - 2022
FASTEST GROWING ORIGIN $1.51MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $220M in Drafting Tools, making it the 4th largest exporter of Drafting Tools in the world. At the same year, Drafting Tools was the 317th most exported product in Japan. The main destination of Drafting Tools exports from Japan are: United States ($44.7M), China ($43.9M), Netherlands ($34.2M), South Korea ($13M), and India ($10.7M).

The fastest growing export markets for Drafting Tools of Japan between 2021 and 2022 were United States ($3.08M), Thailand ($2.39M), and United Kingdom ($2.26M).

Imports In 2022, Japan imported $91.1M in Drafting Tools, becoming the 7th largest importer of Drafting Tools in the world. At the same year, Drafting Tools was the 596th most imported product in Japan. Japan imports Drafting Tools primarily from: China ($64.4M), United States ($5.19M), Chinese Taipei ($4.94M), Malaysia ($4.44M), and Germany ($3.07M).

The fastest growing import markets in Drafting Tools for Japan between 2021 and 2022 were China ($1.51M), United States ($741k), and South Korea ($717k).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Drafting Tools exports accounted up to ¥2.33B and imports accounted up to ¥815M, resulting in a positive trade balance of ¥1.51B. Between August 2023 and August 2024 the exports of Japan's   Drafting Tools have increased by ¥271M (13.2%) from ¥2.06B to ¥2.33B, while imports increased by ¥36M (4.62%) from ¥779M to ¥815M.

Destinations In August 2024, Drafting Tools were exported mostly to China (¥518M), United States (¥489M), Netherlands (¥381M), India (¥247M), and Mexico (¥160M), and were imported mostly from China (¥614M), United States (¥48.9M), Malaysia (¥40.7M), Vietnam (¥38M), and Germany (¥15.8M).

Growth In August 2024, the increase in Drafting Tools's year-by-year exports was explained primarily by an increase in exports to India (¥227M or 2.48k%), China (¥222M or 66.2%), and United States (¥146M or 37%). In August 2024, the increase in Drafting Tools's year-by-year imports was explained primarily by an increase in imports from China (¥69.7M or 9.21%), United States (¥21.6M or 63.9%), and Malaysia (¥14.6M or 41.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥271M(13.2%)
IMPORT GROWTH (August 2023 - August 2024)¥36M(4.62%)
MAIN EXPORTER (August 2024)Kanagawa¥1.94B
MAIN DESTINATION (August 2024)China¥518M

This section shows Drafting Tools'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 Drafting Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$220M
IMPORTS (2022)$91.1M
NET TRADE (2022)$129M

In 2022, Japan exported $220M in Drafting Tools. The main destinations of Japan exports on Drafting Tools were United States ($44.7M), China ($43.9M), Netherlands ($34.2M), South Korea ($13M), and India ($10.7M).

In 2022, Japan imported $91.1M in Drafting Tools, mainly from China ($64.4M), United States ($5.19M), Chinese Taipei ($4.94M), Malaysia ($4.44M), and Germany ($3.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drafting Tools EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$3.08M (7.39%)
Thailand$2.39M (90.8%)
United Kingdom$2.26M (630%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drafting Tools BY Japan WERE (2021 - 2022):
Austria-$2.16M (-96.1%)
South Korea-$1.87M (-12.6%)
Turkey-$1.26M (-44.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Drafting Tools were:
China $1.11B
United States $260M
Germany $221M
In 2022, Japan's main importing competitors in Drafting Tools were:
United States $382M
Germany $193M
Canada $100M

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Trade Value of Drafting Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.59M
TOP IMPORT POTENTIALChina+ $2.81M

Drafting Tools’s highest export potential is Germany. With an export gap of $2.59M.   Drafting Tools’s highest import potential is China with an import gap of $2.81M.

See methodology.

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