NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $90.7MWorld Rnk 5 / 196
Flag Rnk 450 / 1209
2023
Destination $8.13M Canada
2022 - 2023
FASTEST GROWING MARKET $8.13MCanada
2023
PRODUCT COMPLEXITY IN Hand Tools0.76Rnk 262 / 1025
2023
Imports $63.3MWorld Rnk 11 / 220
Flag Rnk 664 / 1209
2023
Origin $571k China
2022 - 2023
FASTEST GROWING ORIGIN $571kGermany
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $90.7M in Hand Tools, making it the 5th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 450th most exported product in Japan. The main destination of Hand Tools exports from Japan are: Canada ($26.4M), South Korea ($11.3M), United States ($8.59M), Hong Kong ($6.46M), and Germany ($6.2M).

The fastest growing export markets for Hand Tools of Japan between 2022 and 2023 were Canada ($8.13M), Germany ($1.96M), and Singapore ($587k).

Imports In 2023, Japan imported $63.3M in Hand Tools, becoming the 11th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 664th most imported product in Japan. Japan imports Hand Tools primarily from: China ($20.2M), Chinese Taipei ($13.3M), Thailand ($6.55M), Germany ($5.1M), and Vietnam ($3.91M).

The fastest growing import markets in Hand Tools for Japan between 2022 and 2023 were Germany ($571k), Latvia ($495k), and Philippines ($406k).

COMPANIES In 2024, leading companies such as Xerox (1) were at the forefront of shipping Hand Tools from Japan to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Japan's Hand Tools exports accounted up to ¥688M and imports accounted up to ¥677M, resulting in a positive trade balance of ¥11.2M. Between December 2023 and December 2024 the exports of Japan's   Hand Tools have decreased by ¥-77.2M (-10.1%) from ¥765M to ¥688M, while imports increased by ¥68.4M (11.2%) from ¥609M to ¥677M.

Destinations In December 2024, Hand Tools were exported mostly to United States (¥222M), Hong Kong (¥99.9M), South Korea (¥88.3M), United Kingdom (¥46.2M), and Chinese Taipei (¥33.3M), and were imported mostly from China (¥243M), Chinese Taipei (¥131M), Thailand (¥60.4M), Vietnam (¥53.7M), and Germany (¥52.2M).

Growth In December 2024, the decrease in Hand Tools's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (¥-55.2M or -53.7%), Germany (¥-18.4M or -70.9%), and Australia (¥-9.64M or -53.8%). In December 2024, the increase in Hand Tools's year-by-year imports was explained primarily by an increase in imports from Vietnam (¥18.7M or 69.2%), South Korea (¥9.25M or 378%), and Spain (¥5.02M or 866%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)¥-77.2M(-10.1%)
IMPORT GROWTH (December 2023 - December 2024)¥68.4M(11.2%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States¥222M

This section shows Hand Tools'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 Hand Tools over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$90.7M
IMPORTS (2023)$63.3M
NET TRADE (2023)$27.4M

In 2023, Japan exported $90.7M in Hand Tools. The main destinations of Japan exports on Hand Tools were Canada ($26.4M), South Korea ($11.3M), United States ($8.59M), Hong Kong ($6.46M), and Germany ($6.2M).

In 2023, Japan imported $63.3M in Hand Tools, mainly from China ($20.2M), Chinese Taipei ($13.3M), Thailand ($6.55M), Germany ($5.1M), and Vietnam ($3.91M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Canada$8.13M (44.4%)
Germany$1.96M (46%)
Singapore$587k (95.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Japan WERE (2022 - 2023):
United States-$2.35M (-21.5%)
South Korea-$1.37M (-10.9%)
Vietnam-$1.21M (-66.4%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Hand Tools were:
China $997M
Germany $448M
Chinese Taipei $235M
In 2023, Japan's main importing competitors in Hand Tools were:
United States $479M
Germany $204M
France $135M

Explore Visualizations

Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.84M
TOP IMPORT POTENTIALChina+ $6.91M

Hand Tools’s highest export potential is United States. With an export gap of $2.84M.   Hand Tools’s highest import potential is China with an import gap of $6.91M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms