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2022
Exports $977MWorld Rnk 4 / 201
Flag Rnk 127 / 1213
2022
Destination $32.2M United States
2021 - 2022
FASTEST GROWING MARKET $32.2MSouth Africa
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment1.96Rnk 7 / 1025
2022
Imports $225MWorld Rnk 15 / 220
Flag Rnk 373 / 1214
2022
Origin $5.48M China
2021 - 2022
FASTEST GROWING ORIGIN $5.48MUnited States
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 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

July 2024

About

Overview In July 2024 Japan's Electric Soldering Equipment exports accounted up to ¥8.13B and imports accounted up to ¥3.55B, resulting in a positive trade balance of ¥4.58B. Between July 2023 and July 2024 the exports of Japan's   Electric Soldering Equipment have decreased by ¥-1.94B (-19.3%) from ¥10.1B to ¥8.13B, while imports increased by ¥660M (22.9%) from ¥2.89B to ¥3.55B.

Destinations In July 2024, Electric Soldering Equipment were exported mostly to United States (¥2.63B), China (¥880M), Thailand (¥583M), Indonesia (¥533M), and India (¥488M), and were imported mostly from China (¥991M), Germany (¥980M), South Korea (¥245M), Switzerland (¥238M), and United States (¥226M).

Growth In July 2024, the decrease in Electric Soldering Equipment's year-by-year exports was explained primarily by a decrease in exports to Canada (¥-309M or -97.4%), Thailand (¥-275M or -40.2%), and Hong Kong (¥-139M or -76%). In July 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 (July 2023 - July 2024)¥-1.94B(-19.3%)
IMPORT GROWTH (July 2023 - July 2024)¥660M(22.9%)
MAIN EXPORTER (July 2024)Aichi¥4.51B
MAIN DESTINATION (July 2024)United States¥2.63B

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).

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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%)
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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 Soldering Equipment were:
China $2.65B
Germany $2.39B
United States $1.09B
In 2022, Japan's main importing competitors in Electric Soldering Equipment were:
United States $1.95B
China $965M
Germany $855M

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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.

See methodology.

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