2023
Exports
$1.75BWorld Rnk 3 / 188
Flag Rnk 81 / 1209
2023
PRODUCT COMPLEXITY IN Electric Motor Parts
0.72Rnk 276 / 1025
2023
Imports
$722MWorld Rnk 8 / 219
Flag Rnk 173 / 1209
2023
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $1.75B in Electric Motor Parts, making it the 3rd largest exporter of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 81st most exported product in Japan. The main destination of Electric Motor Parts exports from Japan are: United States ($708M), China ($289M), Czechia ($170M), Poland ($72.8M), and Thailand ($58.8M).

The fastest growing export markets for Electric Motor Parts of Japan between 2022 and 2023 were United States ($211M), Mexico ($40.4M), and Czechia ($37.6M).

Imports In 2023, Japan imported $722M in Electric Motor Parts, becoming the 8th largest importer of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 173rd most imported product in Japan. Japan imports Electric Motor Parts primarily from: China ($481M), Vietnam ($48M), United States ($29.3M), Philippines ($28.9M), and Thailand ($25.3M).

The fastest growing import markets in Electric Motor Parts for Japan between 2022 and 2023 were Australia ($7.19M), United States ($6.48M), and Finland ($5.08M).

COMPANIES In 2024, leading companies such as Toshiba (66) and Kubota (37) were at the forefront of shipping Electric Motor Parts from Japan to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)¥6.81B(31%)
IMPORT GROWTH (December 2023 - December 2024)¥2.04B(32.1%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States¥16.5B

This section shows Electric Motor Parts'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 Motor Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.75B
IMPORTS (2023)$722M
NET TRADE (2023)$1.03B

In 2023, Japan exported $1.75B in Electric Motor Parts. The main destinations of Japan exports on Electric Motor Parts were United States ($708M), China ($289M), Czechia ($170M), Poland ($72.8M), and Thailand ($58.8M).

In 2023, Japan imported $722M in Electric Motor Parts, mainly from China ($481M), Vietnam ($48M), United States ($29.3M), Philippines ($28.9M), and Thailand ($25.3M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Motor Parts EXPORT MARKETS FOR Japan WERE (2022 - 2023):
United States$211M (42.4%)
Mexico$40.4M (243%)
Czechia$37.6M (28.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motor Parts BY Japan WERE (2022 - 2023):
China-$77.5M (-21.2%)
Poland-$62.9M (-46.4%)
South Korea-$24.3M (-62.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Electric Motor Parts were:
China $6.05B
Germany $2.67B
In 2023, Japan's main importing competitors in Electric Motor Parts were:

Explore Visualizations

Trade Value of Electric Motor Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $24.2M
TOP IMPORT POTENTIALChina+ $39.5M

Electric Motor Parts’s highest export potential is India. With an export gap of $24.2M.   Electric Motor Parts’s highest import potential is China with an import gap of $39.5M.

See methodology.

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