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Exports In 2023, Japan exported $367M in Electric Furnaces, making it the 5th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 238th most exported product in Japan. The main destination of Electric Furnaces exports from Japan are: South Korea ($103M), United States ($61.7M), China ($59.5M), Thailand ($35M), and Vietnam ($22M).
The fastest growing export markets for Electric Furnaces of Japan between 2022 and 2023 were South Korea ($40.2M), Thailand ($14.2M), and Mexico ($2.01M).
Imports In 2023, Japan imported $174M in Electric Furnaces, becoming the 9th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 405th most imported product in Japan. Japan imports Electric Furnaces primarily from: China ($76.8M), Germany ($21.7M), United States ($21.5M), South Korea ($11.6M), and Vietnam ($8.53M).
The fastest growing import markets in Electric Furnaces for Japan between 2022 and 2023 were China ($39.9M), Germany ($9.79M), and United States ($8.32M).
COMPANIES In 2023, leading companies such as CNH Industrial (102), YAMAHA CORPORATION OF AMERICA (28), and Toshiba (18) were at the forefront of shipping Electric Furnaces from Japan to the United States.
