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2022
Exports $5.26BWorld Rnk 6 / 209
Flag Rnk 27 / 1213
2022
Destination $69.7M United States
2021 - 2022
FASTEST GROWING MARKET $69.7MIndia
2022
PRODUCT COMPLEXITY IN Electric Batteries1.02Rnk 164 / 1025
2022
Imports $2.9BWorld Rnk 15 / 225
Flag Rnk 37 / 1214
2022
Origin $346M China
2021 - 2022
FASTEST GROWING ORIGIN $346MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $5.26B in Electric Batteries, making it the 6th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 27th most exported product in Japan. The main destination of Electric Batteries exports from Japan are: United States ($2B), China ($570M), Singapore ($395M), United Kingdom ($340M), and Turkey ($197M).

The fastest growing export markets for Electric Batteries of Japan between 2021 and 2022 were India ($69.7M), Czechia ($68.9M), and Chinese Taipei ($22.4M).

Imports In 2022, Japan imported $2.9B in Electric Batteries, becoming the 15th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 37th most imported product in Japan. Japan imports Electric Batteries primarily from: China ($1.72B), South Korea ($455M), United States ($186M), Singapore ($179M), and Vietnam ($87.1M).

The fastest growing import markets in Electric Batteries for Japan between 2021 and 2022 were China ($346M), United States ($115M), and South Korea ($98.8M).

COMPANIES In 2023, leading companies such as Toyota (57), Panasonic (23), and LG Electronics (12) were at the forefront of shipping Electric Batteries from Japan to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Japan's Electric Batteries exports accounted up to ¥72.3B and imports accounted up to ¥42.3B, resulting in a positive trade balance of ¥30B. Between July 2023 and July 2024 the exports of Japan's   Electric Batteries have increased by ¥9.31B (14.8%) from ¥63B to ¥72.3B, while imports increased by ¥3.24B (8.3%) from ¥39.1B to ¥42.3B.

Destinations In July 2024, Electric Batteries were exported mostly to United States (¥30.2B), Mexico (¥5.66B), China (¥4.49B), Canada (¥3.99B), and France (¥3.53B), and were imported mostly from China (¥29.9B), South Korea (¥5.81B), Singapore (¥1.45B), United States (¥1.15B), and Chinese Taipei (¥711M).

Growth In July 2024, the increase in Electric Batteries's year-by-year exports was explained primarily by an increase in exports to United States (¥8.6B or 54.5%), Germany (¥1.12B or 124%), and India (¥1.01B or 288%). In July 2024, the increase in Electric Batteries's year-by-year imports was explained primarily by an increase in imports from China (¥7.26B or 46.8%), United States (¥3.4B or 523%), and South Korea (¥856M or 18.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)¥9.31B(14.8%)
IMPORT GROWTH (July 2023 - July 2024)¥3.24B(8.3%)
MAIN EXPORTER (July 2024)Aichi¥29.2B
MAIN DESTINATION (July 2024)United States¥30.2B

This section shows Electric Batteries'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 Electric Batteries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.26B
IMPORTS (2022)$2.9B
NET TRADE (2022)$2.36B

In 2022, Japan exported $5.26B in Electric Batteries. The main destinations of Japan exports on Electric Batteries were United States ($2B), China ($570M), Singapore ($395M), United Kingdom ($340M), and Turkey ($197M).

In 2022, Japan imported $2.9B in Electric Batteries, mainly from China ($1.72B), South Korea ($455M), United States ($186M), Singapore ($179M), and Vietnam ($87.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Japan WERE (2021 - 2022):
India$69.7M (118%)
Czechia$68.9M (300%)
Chinese Taipei$22.4M (19.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Japan WERE (2021 - 2022):
China-$368M (-39.2%)
Singapore-$35.9M (-8.32%)
United Kingdom-$30.5M (-8.24%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Electric Batteries were:
China $58.7B
South Korea $9.71B
Poland $9.55B
In 2022, Japan's main importing competitors in Electric Batteries were:
United States $23.2B
Germany $20.3B
South Korea $6.08B

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $149M
TOP IMPORT POTENTIALChina+ $455M

Electric Batteries’s highest export potential is China. With an export gap of $149M.   Electric Batteries’s highest import potential is China with an import gap of $455M.

See methodology.

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