2022
Exports
$3.85BWorld Rnk 5 / 216
Flag Rnk 39 / 1213
2022
PRODUCT COMPLEXITY IN Electric Motors
0.76Rnk 259 / 1025
2022
Imports
$2.02BWorld Rnk 8 / 226
Flag Rnk 70 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $3.85B in Electric Motors, making it the 5th largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 39th most exported product in Japan. The main destination of Electric Motors exports from Japan are: China ($982M), United States ($820M), South Korea ($273M), Chinese Taipei ($223M), and Thailand ($157M).

The fastest growing export markets for Electric Motors of Japan between 2021 and 2022 were Netherlands ($34.2M), South Korea ($23.7M), and Malaysia ($17.8M).

Imports In 2022, Japan imported $2.02B in Electric Motors, becoming the 8th largest importer of Electric Motors in the world. At the same year, Electric Motors was the 70th most imported product in Japan. Japan imports Electric Motors primarily from: China ($955M), Vietnam ($215M), Thailand ($205M), Philippines ($107M), and United States ($97.5M).

The fastest growing import markets in Electric Motors for Japan between 2021 and 2022 were China ($71.4M), Vietnam ($34.7M), and United States ($27.2M).

COMPANIES In 2023, leading companies such as Mahle Behr (29), Toshiba (7), and Xerox (4) were at the forefront of shipping Electric Motors from Japan to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥-1.57B(-3.46%)
IMPORT GROWTH (September 2023 - September 2024)¥669M(2.71%)
MAIN EXPORTER (September 2024)Aichi¥18.5B
MAIN DESTINATION (September 2024)United States¥15.2B

This section shows Electric Motors'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 Motors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.85B
IMPORTS (2022)$2.02B
NET TRADE (2022)$1.84B

In 2022, Japan exported $3.85B in Electric Motors. The main destinations of Japan exports on Electric Motors were China ($982M), United States ($820M), South Korea ($273M), Chinese Taipei ($223M), and Thailand ($157M).

In 2022, Japan imported $2.02B in Electric Motors, mainly from China ($955M), Vietnam ($215M), Thailand ($205M), Philippines ($107M), and United States ($97.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motors EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Netherlands$34.2M (39.1%)
South Korea$23.7M (9.53%)
Malaysia$17.8M (67%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motors BY Japan WERE (2021 - 2022):
China-$95M (-8.81%)
Canada-$31.1M (-30.7%)
Thailand-$25.7M (-14%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Electric Motors were:
China $18.4B
Germany $8.51B
Mexico $4.62B
In 2022, Japan's main importing competitors in Electric Motors were:

Explore Visualizations

Trade Value of Electric Motors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $93.4M
TOP IMPORT POTENTIALChina+ $194M

Electric Motors’s highest export potential is China. With an export gap of $93.4M.   Electric Motors’s highest import potential is China with an import gap of $194M.

See methodology.

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