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2023
Exports $1.05BWorld Rnk 4 / 197
Flag Rnk 118 / 1209
2023
Destination $107M United States
2022 - 2023
FASTEST GROWING MARKET $107MMexico
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment1.73Rnk 19 / 1025
2023
Imports $291MWorld Rnk 10 / 224
Flag Rnk 310 / 1209
2023
Origin $34.8M China
2022 - 2023
FASTEST GROWING ORIGIN $34.8MBurma
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $1.05B in Electric Soldering Equipment, making it the 4th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 118th most exported product in Japan. The main destination of Electric Soldering Equipment exports from Japan are: United States ($287M), Mexico ($178M), China ($125M), India ($75.8M), and Thailand ($58.8M).

The fastest growing export markets for Electric Soldering Equipment of Japan between 2022 and 2023 were Mexico ($107M), India ($30.7M), and Indonesia ($8.72M).

Imports In 2023, Japan imported $291M in Electric Soldering Equipment, becoming the 10th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 310th most imported product in Japan. Japan imports Electric Soldering Equipment primarily from: China ($76.6M), Germany ($57.9M), Burma ($34.8M), United States ($21.3M), and Thailand ($15.8M).

The fastest growing import markets in Electric Soldering Equipment for Japan between 2022 and 2023 were Burma ($34.8M), China ($20.5M), and Finland ($14.8M).

COMPANIES In 2023, leading companies such as Panasonic (1) were at the forefront of shipping Electric Soldering Equipment from Japan to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Japan's Electric Soldering Equipment exports accounted up to ¥10.5B and imports accounted up to ¥3.11B, resulting in a positive trade balance of ¥7.38B. Between November 2023 and November 2024 the exports of Japan's   Electric Soldering Equipment have increased by ¥1.31B (14.2%) from ¥9.18B to ¥10.5B, while imports increased by ¥251M (8.79%) from ¥2.86B to ¥3.11B.

Destinations In November 2024, Electric Soldering Equipment were exported mostly to United States (¥3.42B), Thailand (¥1.38B), China (¥1.08B), India (¥649M), and Mexico (¥609M), and were imported mostly from Germany (¥1.04B), China (¥855M), Switzerland (¥392M), Thailand (¥161M), and United States (¥149M).

Growth In November 2024, the increase in Electric Soldering Equipment's year-by-year exports was explained primarily by an increase in exports to Mexico (¥371M or 175%), United Kingdom (¥121M or 62.5%), and Brazil (¥83M or 2.77k%). In November 2024, the increase in Electric Soldering Equipment's year-by-year imports was explained primarily by an increase in imports from Germany (¥273M or 107%), United States (¥139M or 111%), and Thailand (¥127M or 191%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥1.31B(14.2%)
IMPORT GROWTH (November 2023 - November 2024)¥251M(8.79%)
MAIN EXPORTER (November 2024)Aichi¥4.51B
MAIN DESTINATION (November 2024)United States¥3.42B

This section shows Electric Soldering Equipment'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 Soldering Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.05B
IMPORTS (2023)$291M
NET TRADE (2023)$757M

In 2023, Japan exported $1.05B in Electric Soldering Equipment. The main destinations of Japan exports on Electric Soldering Equipment were United States ($287M), Mexico ($178M), China ($125M), India ($75.8M), and Thailand ($58.8M).

In 2023, Japan imported $291M in Electric Soldering Equipment, mainly from China ($76.6M), Germany ($57.9M), Burma ($34.8M), United States ($21.3M), and Thailand ($15.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Mexico$107M (152%)
India$30.7M (68.1%)
Indonesia$8.72M (38.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Japan WERE (2022 - 2023):
United States-$90.5M (-24%)
South Africa-$57.9M (-92%)
Belgium-$36.7M (-92.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Electric Soldering Equipment were:
China $2.67B
Germany $2.28B
United States $1.25B
In 2023, Japan's main importing competitors in Electric Soldering Equipment were:
United States $1.89B
Mexico $1.02B
China $803M

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $38M
TOP IMPORT POTENTIALChina+ $24.4M

Electric Soldering Equipment’s highest export potential is China. With an export gap of $38M.   Electric Soldering Equipment’s highest import potential is China with an import gap of $24.4M.

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