2022
Exports
$977MWorld Rnk 4 / 201
Flag Rnk 127 / 1213
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$225MWorld Rnk 15 / 220
Flag Rnk 373 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $977M 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 127th most exported product in Japan. The main destination of Electric Soldering Equipment exports from Japan are: United States ($314M), China ($132M), Mexico ($68.4M), Thailand ($55.1M), and South Africa ($35.7M).

The fastest growing export markets for Electric Soldering Equipment of Japan between 2021 and 2022 were South Africa ($32.2M), Mexico ($11.5M), and Belgium ($10.2M).

Imports In 2022, Japan imported $225M in Electric Soldering Equipment, becoming the 15th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 373rd most imported product in Japan. Japan imports Electric Soldering Equipment primarily from: China ($77.6M), Germany ($46.3M), United States ($24.8M), Thailand ($17.9M), and Chinese Taipei ($10.8M).

The fastest growing import markets in Electric Soldering Equipment for Japan between 2021 and 2022 were United States ($5.48M), Germany ($3.54M), and Netherlands ($2.76M).

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

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥-637M(-8.78%)
IMPORT GROWTH (August 2023 - August 2024)¥-893M(-25.9%)
MAIN EXPORTER (August 2024)Aichi¥4.51B
MAIN DESTINATION (August 2024)United States¥1.71B

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 (2022)$977M
IMPORTS (2022)$225M
NET TRADE (2022)$752M

In 2022, Japan exported $977M in Electric Soldering Equipment. The main destinations of Japan exports on Electric Soldering Equipment were United States ($314M), China ($132M), Mexico ($68.4M), Thailand ($55.1M), and South Africa ($35.7M).

In 2022, Japan imported $225M in Electric Soldering Equipment, mainly from China ($77.6M), Germany ($46.3M), United States ($24.8M), Thailand ($17.9M), and Chinese Taipei ($10.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Japan WERE (2021 - 2022):
South Africa$32.2M (903%)
Mexico$11.5M (20.3%)
Belgium$10.2M (53.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Japan WERE (2021 - 2022):
United States-$63.2M (-16.8%)
China-$50.2M (-27.5%)
Thailand-$29.3M (-34.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Electric Soldering Equipment were:
In 2022, Japan's main importing competitors in Electric Soldering Equipment were:

Explore Visualizations

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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