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Pricing

2018
Exports $13BWorld Rnk 2 / 185
Flag Rnk 6 / 1213
2018
Destination $1.31B United States
2021 - 2022
FASTEST GROWING MARKET $1.31BUnited States
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles0.88Rnk 219 / 1025
2018
Imports $288MWorld Rnk 44 / 222
Flag Rnk 309 / 1214
2018
Origin $25.3M China
2021 - 2022
FASTEST GROWING ORIGIN $25.3MUnited States
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2018, Japan exported $13B in Large Construction Vehicles, making it the 2nd largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 6th most exported product in Japan. The main destination of Large Construction Vehicles exports from Japan are: United States ($5.6B), Netherlands ($1.03B), Australia ($648M), Canada ($472M), and Indonesia ($433M).

The fastest growing export markets for Large Construction Vehicles of Japan between 2021 and 2022 were United States ($1.31B), Indonesia ($217M), and Canada ($80M).

Imports In 2022, Japan imported $288M in Large Construction Vehicles, becoming the 44th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 309th most imported product in Japan. Japan imports Large Construction Vehicles primarily from: China ($84.7M), United Kingdom ($67.4M), United States ($55.9M), Brazil ($28.8M), and Thailand ($15.3M).

The fastest growing import markets in Large Construction Vehicles for Japan between 2021 and 2022 were United States ($25.3M), China ($18.9M), and United Kingdom ($17.9M).

COMPANIES In 2023, leading companies such as Kubota (653), John Deere (299), and CNH Industrial (116) were at the forefront of shipping Large Construction Vehicles from Japan to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Japan's Large Construction Vehicles exports accounted up to ¥122B and imports accounted up to ¥3.37B, resulting in a positive trade balance of ¥119B. Between September 2023 and September 2024 the exports of Japan's   Large Construction Vehicles have decreased by ¥-61.7B (-33.5%) from ¥184B to ¥122B, while imports decreased by ¥-1.72B (-33.8%) from ¥5.09B to ¥3.37B.

Destinations In September 2024, Large Construction Vehicles were exported mostly to United States (¥60.1B), Australia (¥8.09B), Netherlands (¥5.02B), Turkey (¥4.6B), and Indonesia (¥4.04B), and were imported mostly from United Kingdom (¥1.11B), China (¥746M), Thailand (¥672M), United States (¥415M), and Brazil (¥203M).

Growth In September 2024, the decrease in Large Construction Vehicles's year-by-year exports was explained primarily by a decrease in exports to Russia (¥-4.1B or -90.9%), Turkey (¥-2.29B or -92%), and Egypt (¥-1.76B or -85.1%). In September 2024, the decrease in Large Construction Vehicles's year-by-year imports was explained primarily by a decrease in imports from United States (¥-158M or -26.8%) and Germany (¥-24.9M or -27.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥-61.7B(-33.5%)
IMPORT GROWTH (September 2023 - September 2024)¥-1.72B(-33.8%)
MAIN EXPORTER (September 2024)Hyōgo¥51B
MAIN DESTINATION (September 2024)United States¥60.1B

This section shows Large Construction Vehicles'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 Large Construction Vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13B
IMPORTS (2022)$288M
NET TRADE (2022)$12.7B

In 2022, Japan exported $13B in Large Construction Vehicles. The main destinations of Japan exports on Large Construction Vehicles were United States ($5.6B), Netherlands ($1.03B), Australia ($648M), Canada ($472M), and Indonesia ($433M).

In 2022, Japan imported $288M in Large Construction Vehicles, mainly from China ($84.7M), United Kingdom ($67.4M), United States ($55.9M), Brazil ($28.8M), and Thailand ($15.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$1.31B (30.6%)
Indonesia$217M (100%)
Canada$80M (20.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Japan WERE (2021 - 2022):
Russia-$280M (-54.4%)
China-$102M (-69%)
United Kingdom-$86.8M (-17.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Large Construction Vehicles were:
China $14.3B
United States $5.24B
In 2022, Japan's main importing competitors in Large Construction Vehicles were:
United States $10.7B
Canada $4.04B
Australia $2.75B

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $92.7M
TOP IMPORT POTENTIALChina+ $62.5M

Large Construction Vehicles’s highest export potential is Russia. With an export gap of $92.7M.   Large Construction Vehicles’s highest import potential is China with an import gap of $62.5M.

See methodology.

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