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2022
Exports $1.1BWorld Rnk 7 / 171
Flag Rnk 118 / 1213
2022
Destination $18.4M Australia
2021 - 2022
FASTEST GROWING MARKET $18.4MSouth Africa
2022
PRODUCT COMPLEXITY IN Fork-Lifts1.54Rnk 42 / 1025
2022
Imports $91.9MWorld Rnk 44 / 218
Flag Rnk 592 / 1214
2022
Origin $10.6M China
2021 - 2022
FASTEST GROWING ORIGIN $10.6MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $1.1B in Fork-Lifts, making it the 7th largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 118th most exported product in Japan. The main destination of Fork-Lifts exports from Japan are: Australia ($123M), South Korea ($92.2M), Chinese Taipei ($91.4M), Vietnam ($85.1M), and Thailand ($63.9M).

The fastest growing export markets for Fork-Lifts of Japan between 2021 and 2022 were South Africa ($18.4M), United States ($14.9M), and United Arab Emirates ($12.8M).

Imports In 2022, Japan imported $91.9M in Fork-Lifts, becoming the 44th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 592nd most imported product in Japan. Japan imports Fork-Lifts primarily from: China ($54.9M), United States ($21.2M), Sweden ($3.31M), Chinese Taipei ($3.16M), and Germany ($2.74M).

The fastest growing import markets in Fork-Lifts for Japan between 2021 and 2022 were China ($10.6M), Sweden ($2.04M), and Chinese Taipei ($2.03M).

Latest Trends

September 2024

About

Overview In September 2024 Japan's Fork-Lifts exports accounted up to ¥7.71B and imports accounted up to ¥538M, resulting in a positive trade balance of ¥7.17B. Between September 2023 and September 2024 the exports of Japan's   Fork-Lifts have decreased by ¥-3.37B (-30.4%) from ¥11.1B to ¥7.71B, while imports decreased by ¥-672M (-55.5%) from ¥1.21B to ¥538M.

Destinations In September 2024, Fork-Lifts were exported mostly to Chinese Taipei (¥814M), Vietnam (¥757M), Australia (¥696M), South Korea (¥616M), and Malaysia (¥522M), and were imported mostly from China (¥259M), Chinese Taipei (¥84M), Germany (¥77.7M), United States (¥33M), and Italy (¥30.6M).

Growth In September 2024, the decrease in Fork-Lifts's year-by-year exports was explained primarily by a decrease in exports to Russia (¥-946M or -96.6%), Vietnam (¥-292M or -36.8%), and Brazil (¥-175M or -94.3%). In September 2024, the decrease in Fork-Lifts's year-by-year imports was explained primarily by a decrease in imports from China (¥-136M or -41.6%) and South Korea (¥-1.43M or -77%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥-3.37B(-30.4%)
IMPORT GROWTH (September 2023 - September 2024)¥-672M(-55.5%)
MAIN EXPORTER (September 2024)Aichi¥5.77B
MAIN DESTINATION (September 2024)Chinese Taipei¥814M

This section shows Fork-Lifts'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 Fork-Lifts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.1B
IMPORTS (2022)$91.9M
NET TRADE (2022)$1.01B

In 2022, Japan exported $1.1B in Fork-Lifts. The main destinations of Japan exports on Fork-Lifts were Australia ($123M), South Korea ($92.2M), Chinese Taipei ($91.4M), Vietnam ($85.1M), and Thailand ($63.9M).

In 2022, Japan imported $91.9M in Fork-Lifts, mainly from China ($54.9M), United States ($21.2M), Sweden ($3.31M), Chinese Taipei ($3.16M), and Germany ($2.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR Japan WERE (2021 - 2022):
South Africa$18.4M (98.6%)
United States$14.9M (61.5%)
United Arab Emirates$12.8M (40.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY Japan WERE (2021 - 2022):
Russia-$39.2M (-61.8%)
China-$19.7M (-39.5%)
South Korea-$6.35M (-6.45%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Fork-Lifts were:
China $6.29B
Germany $3.95B
United States $2.16B
In 2022, Japan's main importing competitors in Fork-Lifts were:
United States $4.37B
Germany $1.4B
Netherlands $1.4B

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Trade Value of Fork-Lifts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $37.4M
TOP IMPORT POTENTIALChina+ $20.7M

Fork-Lifts’s highest export potential is United States. With an export gap of $37.4M.   Fork-Lifts’s highest import potential is China with an import gap of $20.7M.

See methodology.

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