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Pricing

2022
Exports $1.62BWorld Rnk 3 / 186
Flag Rnk 86 / 1213
2022
Destination $51.1M United States
2021 - 2022
FASTEST GROWING MARKET $51.1MCzechia
2022
PRODUCT COMPLEXITY IN Electric Motor Parts0.66Rnk 292 / 1025
2022
Imports $726MWorld Rnk 9 / 219
Flag Rnk 181 / 1214
2022
Origin $137M China
2021 - 2022
FASTEST GROWING ORIGIN $137MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $1.62B 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 86th most exported product in Japan. The main destination of Electric Motor Parts exports from Japan are: United States ($492M), China ($369M), Czechia ($136M), Poland ($122M), and Thailand ($88.8M).

The fastest growing export markets for Electric Motor Parts of Japan between 2021 and 2022 were Czechia ($51.1M), United States ($26.1M), and France ($15.8M).

Imports In 2022, Japan imported $726M in Electric Motor Parts, becoming the 9th largest importer of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 181st most imported product in Japan. Japan imports Electric Motor Parts primarily from: China ($486M), Vietnam ($30.4M), United States ($29.4M), Philippines ($28M), and Thailand ($26.2M).

The fastest growing import markets in Electric Motor Parts for Japan between 2021 and 2022 were China ($137M), Italy ($21.3M), and Germany ($5.62M).

COMPANIES In 2023, leading companies such as Kubota (130), Toshiba (101), and CNH Industrial (2) were at the forefront of shipping Electric Motor Parts from Japan to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Japan's Electric Motor Parts exports accounted up to ¥18.5B and imports accounted up to ¥10.2B, resulting in a positive trade balance of ¥8.33B. Between September 2023 and September 2024 the exports of Japan's   Electric Motor Parts have decreased by ¥-3.87B (-17.3%) from ¥22.4B to ¥18.5B, while imports increased by ¥2.99B (41.6%) from ¥7.19B to ¥10.2B.

Destinations In September 2024, Electric Motor Parts were exported mostly to United States (¥9.03B), Czechia (¥2.27B), China (¥2.24B), France (¥1.03B), and Poland (¥895M), and were imported mostly from China (¥4.06B), Germany (¥3.03B), Vietnam (¥520M), United States (¥446M), and Philippines (¥385M).

Growth In September 2024, the decrease in Electric Motor Parts's year-by-year exports was explained primarily by a decrease in exports to Poland (¥-745M or -56.2%), Chinese Taipei (¥-296M or -56.1%), and Thailand (¥-155M or -18.2%). In September 2024, the increase in Electric Motor Parts's year-by-year imports was explained primarily by an increase in imports from China (¥900M or 24.5%), Philippines (¥220M or 131%), and Vietnam (¥172M or 30.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥-3.87B(-17.3%)
IMPORT GROWTH (September 2023 - September 2024)¥2.99B(41.6%)
MAIN EXPORTER (September 2024)Aichi¥11.5B
MAIN DESTINATION (September 2024)United States¥9.03B

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 (2022)$1.62B
IMPORTS (2022)$726M
NET TRADE (2022)$896M

In 2022, Japan exported $1.62B in Electric Motor Parts. The main destinations of Japan exports on Electric Motor Parts were United States ($492M), China ($369M), Czechia ($136M), Poland ($122M), and Thailand ($88.8M).

In 2022, Japan imported $726M in Electric Motor Parts, mainly from China ($486M), Vietnam ($30.4M), United States ($29.4M), Philippines ($28M), and Thailand ($26.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motor Parts EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Czechia$51.1M (60.6%)
United States$26.1M (5.6%)
France$15.8M (56.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motor Parts BY Japan WERE (2021 - 2022):
China-$136M (-26.9%)
Thailand-$20.2M (-18.5%)
Denmark-$8.9M (-98.5%)
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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 Motor Parts were:
China $6.95B
Germany $2.21B
In 2022, Japan's main importing competitors in Electric Motor Parts were:
Germany $3.58B
United States $3.57B
Mexico $1.33B

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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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