Exports In 2022, Japan exported $2.71B in Excavation Machinery, making it the 5th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 62nd most exported product in Japan. The main destination of Excavation Machinery exports from Japan are: United States ($780M), Indonesia ($305M), China ($294M), Australia ($154M), and Thailand ($114M).
The fastest growing export markets for Excavation Machinery of Japan between 2021 and 2022 were Indonesia ($81.9M), United States ($59.6M), and Belgium ($20.9M).
Imports In 2022, Japan imported $2.75B in Excavation Machinery, becoming the 4th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 43rd most imported product in Japan. Japan imports Excavation Machinery primarily from: China ($1.83B), South Korea ($326M), Indonesia ($94.6M), United States ($89.8M), and Vietnam ($78.2M).
The fastest growing import markets in Excavation Machinery for Japan between 2021 and 2022 were China ($184M), Indonesia ($35.3M), and United States ($14M).
COMPANIES In 2023, leading companies such as Kubota (53), CNH Industrial (11), and John Deere (4) were at the forefront of shipping Excavation Machinery from Japan to the United States.