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2022
Exports $3.43BWorld Rnk 1 / 209
Flag Rnk 50 / 1213
2022
Destination $39.7M United States
2021 - 2022
FASTEST GROWING MARKET $39.7MIndia
2022
PRODUCT COMPLEXITY IN Electrical Ignitions0.62Rnk 310 / 1025
2022
Imports $411MWorld Rnk 13 / 223
Flag Rnk 259 / 1214
2022
Origin $8.66M China
2021 - 2022
FASTEST GROWING ORIGIN $8.66MIndia
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $3.43B in Electrical Ignitions, making it the 1st largest exporter of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 50th most exported product in Japan. The main destination of Electrical Ignitions exports from Japan are: United States ($1.07B), Germany ($335M), Thailand ($307M), China ($238M), and Mexico ($195M).

The fastest growing export markets for Electrical Ignitions of Japan between 2021 and 2022 were India ($39.7M), Thailand ($21.8M), and Czechia ($19.6M).

Imports In 2022, Japan imported $411M in Electrical Ignitions, becoming the 13th largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 259th most imported product in Japan. Japan imports Electrical Ignitions primarily from: China ($132M), Thailand ($59.6M), United States ($36M), South Korea ($32M), and Philippines ($22.9M).

The fastest growing import markets in Electrical Ignitions for Japan between 2021 and 2022 were India ($8.66M), Germany ($8.59M), and United States ($3.46M).

COMPANIES In 2023, leading companies such as General Motors (6), CNH Industrial (5), and YAMAHA CORPORATION OF AMERICA (2) were at the forefront of shipping Electrical Ignitions from Japan to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Japan's Electrical Ignitions exports accounted up to ¥44.1B and imports accounted up to ¥6.57B, resulting in a positive trade balance of ¥37.6B. Between July 2023 and July 2024 the exports of Japan's   Electrical Ignitions have increased by ¥6.07B (15.9%) from ¥38.1B to ¥44.1B, while imports increased by ¥544M (9.03%) from ¥6.03B to ¥6.57B.

Destinations In July 2024, Electrical Ignitions were exported mostly to United States (¥14.9B), Germany (¥5.02B), Thailand (¥4.39B), Mexico (¥2.95B), and China (¥2.53B), and were imported mostly from China (¥1.82B), United States (¥1.01B), Thailand (¥697M), India (¥538M), and Mexico (¥454M).

Growth In July 2024, the increase in Electrical Ignitions's year-by-year exports was explained primarily by an increase in exports to United States (¥892M or 11.9%), Czechia (¥738M or 214%), and Mexico (¥302M or 21.7%). In July 2024, the increase in Electrical Ignitions's year-by-year imports was explained primarily by an increase in imports from China (¥307M or 24.5%), United Kingdom (¥197M or 783%), and United States (¥153M or 41.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)¥6.07B(15.9%)
IMPORT GROWTH (July 2023 - July 2024)¥544M(9.03%)
MAIN EXPORTER (July 2024)Aichi¥22.9B
MAIN DESTINATION (July 2024)United States¥14.9B

This section shows Electrical Ignitions'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 Electrical Ignitions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.43B
IMPORTS (2022)$411M
NET TRADE (2022)$3.02B

In 2022, Japan exported $3.43B in Electrical Ignitions. The main destinations of Japan exports on Electrical Ignitions were United States ($1.07B), Germany ($335M), Thailand ($307M), China ($238M), and Mexico ($195M).

In 2022, Japan imported $411M in Electrical Ignitions, mainly from China ($132M), Thailand ($59.6M), United States ($36M), South Korea ($32M), and Philippines ($22.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR Japan WERE (2021 - 2022):
India$39.7M (96.4%)
Thailand$21.8M (7.65%)
Czechia$19.6M (18%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY Japan WERE (2021 - 2022):
Germany-$97M (-22.5%)
United States-$96.6M (-8.26%)
China-$46.7M (-16.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Electrical Ignitions were:
China $3.22B
United States $2.02B
In 2022, Japan's main importing competitors in Electrical Ignitions were:
United States $4.44B
Germany $2.05B
Mexico $1.66B

Explore Visualizations

Trade Value of Electrical Ignitions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $63.6M
TOP IMPORT POTENTIALChina+ $37.2M

Electrical Ignitions’s highest export potential is China. With an export gap of $63.6M.   Electrical Ignitions’s highest import potential is China with an import gap of $37.2M.

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