Electrical Lighting and Signalling Equipment in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $1.34B in Electrical Lighting and Signalling Equipment, making it the 8th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 105th most exported product in Japan. The main destination of Electrical Lighting and Signalling Equipment exports from Japan are: United States ($393M), China ($158M), Thailand ($95.5M), Mexico ($81.4M), and Canada ($68.3M).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Japan between 2021 and 2022 were Canada ($24.8M), Saudi Arabia ($8.59M), and Thailand ($7.3M).

Imports In 2022, Japan imported $908M in Electrical Lighting and Signalling Equipment, becoming the 10th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 146th most imported product in Japan. Japan imports Electrical Lighting and Signalling Equipment primarily from: N/A.

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Japan between 2021 and 2022 were India ($3.37M), Indonesia ($2.82M), and Malaysia ($2.16M).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (48), John Deere (2), and Toshiba (1) were at the forefront of shipping Electrical Lighting and Signalling Equipment from Japan to the United States.

Latest Trends

July 2024

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Overview In July 2024 Japan's Electrical Lighting and Signalling Equipment exports accounted up to ¥15.5B and imports accounted up to ¥12.5B, resulting in a positive trade balance of ¥2.99B. Between July 2023 and July 2024 the exports of Japan's Electrical Lighting and Signalling Equipment have increased by ¥1.79B (13.1%) from ¥13.7B to ¥15.5B, while imports increased by ¥772M (6.59%) from ¥11.7B to ¥12.5B.

Destinations In July 2024, Electrical Lighting and Signalling Equipment were exported mostly to United States (¥4.42B), China (¥1.6B), Mexico (¥1.12B), Thailand (¥914M), and Belgium (¥864M), and were imported mostly from China (¥7.05B), Thailand (¥1.18B), Chinese Taipei (¥727M), Mexico (¥599M), and Indonesia (¥458M).

Growth In July 2024, the increase in Electrical Lighting and Signalling Equipment's year-by-year exports was explained primarily by an increase in exports to Mexico (¥243M or 38.9%), United States (¥230M or 7.02%), and Thailand (¥226M or 34.9%). In July 2024, the increase in Electrical Lighting and Signalling Equipment's year-by-year imports was explained primarily by an increase in imports from China (¥1.09B or 23.7%), United States (¥135M or 93.4%), and Vietnam (¥127M or 78.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)¥1.79B(13.1%)

IMPORT GROWTH (July 2023 - July 2024)¥772M(6.59%)

MAIN EXPORTER (July 2024)Aichi¥7.18B

MAIN DESTINATION (July 2024)United States¥4.42B

This section shows Electrical Lighting and Signalling 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 Electrical Lighting and Signalling Equipment over time.

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