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2023
Exports $298MWorld Rnk 2 / 196
Flag Rnk 273 / 1209
2023
Destination $10.3M United States
2022 - 2023
FASTEST GROWING MARKET $10.3MUnited States
2023
PRODUCT COMPLEXITY IN Drafting Tools1.84Rnk 11 / 1025
2023
Imports $78.4MWorld Rnk 8 / 222
Flag Rnk 617 / 1209
2023
Origin $4.05M China
2022 - 2023
FASTEST GROWING ORIGIN $4.05MUnited States
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $298M in Drafting Tools, making it the 2nd largest exporter of Drafting Tools in the world. At the same year, Drafting Tools was the 273rd most exported product in Japan. The main destination of Drafting Tools exports from Japan are: United States ($60.8M), China ($51.8M), Netherlands ($42.7M), Germany ($14.3M), and India ($14.2M).

The fastest growing export markets for Drafting Tools of Japan between 2022 and 2023 were United States ($10.3M), Mexico ($6.95M), and China ($2.89M).

Imports In 2023, Japan imported $78.4M in Drafting Tools, becoming the 8th largest importer of Drafting Tools in the world. At the same year, Drafting Tools was the 617th most imported product in Japan. Japan imports Drafting Tools primarily from: China ($52.8M), United States ($7.5M), Malaysia ($3.44M), Chinese Taipei ($3.28M), and Germany ($3.13M).

The fastest growing import markets in Drafting Tools for Japan between 2022 and 2023 were United States ($4.05M), Philippines ($1.98M), and United Kingdom ($1.12M).

Latest Trends

November 2024

About

Overview In November 2024 Japan's Drafting Tools exports accounted up to ¥2.29B and imports accounted up to ¥925M, resulting in a positive trade balance of ¥1.36B. Between November 2023 and November 2024 the exports of Japan's   Drafting Tools have decreased by ¥-231M (-9.17%) from ¥2.52B to ¥2.29B, while imports increased by ¥240M (35.1%) from ¥685M to ¥925M.

Destinations In November 2024, Drafting Tools were exported mostly to China (¥573M), United States (¥565M), India (¥292M), South Korea (¥205M), and Netherlands (¥198M), and were imported mostly from China (¥719M), Malaysia (¥35.3M), United States (¥32.2M), Germany (¥28.4M), and Vietnam (¥25.5M).

Growth In November 2024, the decrease in Drafting Tools's year-by-year exports was explained primarily by a decrease in exports to Uruguay (¥-20.2M or -73%), Canada (¥-8.84M or -97.6%), and Vietnam (¥-5.86M or -35.8%). In November 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 (November 2023 - November 2024)¥-231M(-9.17%)
IMPORT GROWTH (November 2023 - November 2024)¥240M(35.1%)
MAIN EXPORTER (November 2024)Kanagawa¥1.99B
MAIN DESTINATION (November 2024)China¥573M

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 (2023)$298M
IMPORTS (2023)$78.4M
NET TRADE (2023)$220M

In 2023, Japan exported $298M in Drafting Tools. The main destinations of Japan exports on Drafting Tools were United States ($60.8M), China ($51.8M), Netherlands ($42.7M), Germany ($14.3M), and India ($14.2M).

In 2023, Japan imported $78.4M in Drafting Tools, mainly from China ($52.8M), United States ($7.5M), Malaysia ($3.44M), Chinese Taipei ($3.28M), and Germany ($3.13M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Drafting Tools EXPORT MARKETS FOR Japan WERE (2022 - 2023):
United States$10.3M (20.4%)
Mexico$6.95M (106%)
China$2.89M (5.92%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drafting Tools BY Japan WERE (2022 - 2023):
South Korea-$8.47M (-45.1%)
Germany-$5.04M (-26.1%)
Netherlands-$4.8M (-10.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Drafting Tools were:
China $996M
Germany $203M
In 2023, Japan's main importing competitors in Drafting Tools were:
United States $367M
Germany $181M
France $93.1M

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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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