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2022
Exports $66MWorld Rnk 8 / 145
Flag Rnk 507 / 1213
2022
Destination $8.99M Chinese Taipei
2021 - 2022
FASTEST GROWING MARKET $8.99MChinese Taipei
2022
PRODUCT COMPLEXITY IN Electrical Insulators0.63Rnk 303 / 1025
2022
Imports $37.1MWorld Rnk 17 / 207
Flag Rnk 787 / 1214
2022
Origin $2.84M United States
2021 - 2022
FASTEST GROWING ORIGIN $2.84MSwitzerland
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $66M in Electrical Insulators, making it the 8th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 507th most exported product in Japan. The main destination of Electrical Insulators exports from Japan are: Chinese Taipei ($15.3M), Italy ($7.44M), United States ($6.81M), Mexico ($6.13M), and Burma ($3.89M).

The fastest growing export markets for Electrical Insulators of Japan between 2021 and 2022 were Chinese Taipei ($8.99M), Mexico ($4.24M), and Kuwait ($2.11M).

Imports In 2022, Japan imported $37.1M in Electrical Insulators, becoming the 17th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 787th most imported product in Japan. Japan imports Electrical Insulators primarily from: United States ($5.85M), Thailand ($4.77M), Switzerland ($4.27M), China ($4.25M), and Germany ($3.8M).

The fastest growing import markets in Electrical Insulators for Japan between 2021 and 2022 were Switzerland ($2.84M), France ($1.1M), and United States ($882k).

Latest Trends

July 2024

About

Overview In July 2024 Japan's Electrical Insulators exports accounted up to ¥1.03B and imports accounted up to ¥410M, resulting in a positive trade balance of ¥616M. Between July 2023 and July 2024 the exports of Japan's   Electrical Insulators have increased by ¥678M (195%) from ¥348M to ¥1.03B, while imports increased by ¥146M (55.5%) from ¥264M to ¥410M.

Destinations In July 2024, Electrical Insulators were exported mostly to Bangladesh (¥474M), Chinese Taipei (¥352M), Panama (¥79.8M), China (¥22.8M), and United States (¥17.2M), and were imported mostly from Germany (¥123M), China (¥120M), Chinese Taipei (¥35.2M), Switzerland (¥31.8M), and Vietnam (¥21.7M).

Growth In July 2024, the increase in Electrical Insulators's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei (¥93.3M or 266%), Italy (¥6.38M or 106%), and Germany (¥909k or 44.6%). In July 2024, the increase in Electrical Insulators's year-by-year imports was explained primarily by an increase in imports from Denmark (¥18.5M or 1.33k%), Vietnam (¥11.3M or 46%), and Chinese Taipei (¥10.2M or 35.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)¥678M(195%)
IMPORT GROWTH (July 2023 - July 2024)¥146M(55.5%)
MAIN EXPORTER (July 2024)Aichi¥617M
MAIN DESTINATION (July 2024)Bangladesh¥474M

This section shows Electrical Insulators'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 Insulators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$66M
IMPORTS (2022)$37.1M
NET TRADE (2022)$28.9M

In 2022, Japan exported $66M in Electrical Insulators. The main destinations of Japan exports on Electrical Insulators were Chinese Taipei ($15.3M), Italy ($7.44M), United States ($6.81M), Mexico ($6.13M), and Burma ($3.89M).

In 2022, Japan imported $37.1M in Electrical Insulators, mainly from United States ($5.85M), Thailand ($4.77M), Switzerland ($4.27M), China ($4.25M), and Germany ($3.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Chinese Taipei$8.99M (142%)
Mexico$4.24M (224%)
Kuwait$2.11M (1.41k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Japan WERE (2021 - 2022):
Bangladesh-$10.1M (-100%)
Austria-$3M (-57.8%)
Thailand-$2.71M (-61.3%)
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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 Insulators were:
China $727M
United States $242M
Germany $217M
In 2022, Japan's main importing competitors in Electrical Insulators were:
United States $438M
Germany $163M
Mexico $125M

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Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.97M
TOP IMPORT POTENTIALChina+ $4.78M

Electrical Insulators’s highest export potential is United States. With an export gap of $2.97M.   Electrical Insulators’s highest import potential is China with an import gap of $4.78M.

See methodology.

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