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2022
Exports $7.57BWorld Rnk 4 / 225
Flag Rnk 13 / 1213
2022
Destination $29.5M China
2021 - 2022
FASTEST GROWING MARKET $29.5MIndia
2022
PRODUCT COMPLEXITY IN Low-voltage Protection Equipment0.56Rnk 342 / 1025
2022
Imports $3.16BWorld Rnk 8 / 226
Flag Rnk 31 / 1214
2022
Origin $49.8M China
2021 - 2022
FASTEST GROWING ORIGIN $49.8MMalaysia
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $7.57B in Low-voltage Protection Equipment, making it the 4th largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 13th most exported product in Japan. The main destination of Low-voltage Protection Equipment exports from Japan are: China ($2.11B), Hong Kong ($947M), United States ($806M), Thailand ($485M), and Vietnam ($465M).

The fastest growing export markets for Low-voltage Protection Equipment of Japan between 2021 and 2022 were India ($29.5M), Czechia ($13M), and Switzerland ($6.73M).

Imports In 2022, Japan imported $3.16B in Low-voltage Protection Equipment, becoming the 8th largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 31st most imported product in Japan. Japan imports Low-voltage Protection Equipment primarily from: China ($1.33B), Thailand ($312M), Malaysia ($242M), Germany ($210M), and United States ($199M).

The fastest growing import markets in Low-voltage Protection Equipment for Japan between 2021 and 2022 were Malaysia ($49.8M), China ($46.3M), and United States ($42.3M).

Latest Trends

September 2024

About

Overview In September 2024 Japan's Low-voltage Protection Equipment exports accounted up to ¥75.9B and imports accounted up to ¥33.2B, resulting in a positive trade balance of ¥42.7B. Between September 2023 and September 2024 the exports of Japan's   Low-voltage Protection Equipment have decreased by ¥-6.76B (-8.18%) from ¥82.6B to ¥75.9B, while imports decreased by ¥-1.97B (-5.6%) from ¥35.1B to ¥33.2B.

Destinations In September 2024, Low-voltage Protection Equipment were exported mostly to China (¥20B), United States (¥10.3B), Hong Kong (¥8.83B), Thailand (¥4.76B), and Vietnam (¥4.57B), and were imported mostly from China (¥13.7B), Thailand (¥3.66B), United States (¥2.37B), Vietnam (¥2.04B), and Malaysia (¥1.66B).

Growth In September 2024, the decrease in Low-voltage Protection Equipment's year-by-year exports was explained primarily by a decrease in exports to China (¥-3.67B or -20.8%), Hong Kong (¥-3.51B or -41.3%), and Thailand (¥-389M or -9.33%). In September 2024, the decrease in Low-voltage Protection Equipment's year-by-year imports was explained primarily by a decrease in imports from China (¥-824M or -4.55%), Chinese Taipei (¥-318M or -16.6%), and South Korea (¥-118M or -10.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥-6.76B(-8.18%)
IMPORT GROWTH (September 2023 - September 2024)¥-1.97B(-5.6%)
MAIN EXPORTER (September 2024)Chiba¥19.9B
MAIN DESTINATION (September 2024)China¥20B

This section shows Low-voltage Protection 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 Low-voltage Protection Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.57B
IMPORTS (2022)$3.16B
NET TRADE (2022)$4.41B

In 2022, Japan exported $7.57B in Low-voltage Protection Equipment. The main destinations of Japan exports on Low-voltage Protection Equipment were China ($2.11B), Hong Kong ($947M), United States ($806M), Thailand ($485M), and Vietnam ($465M).

In 2022, Japan imported $3.16B in Low-voltage Protection Equipment, mainly from China ($1.33B), Thailand ($312M), Malaysia ($242M), Germany ($210M), and United States ($199M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Low-voltage Protection Equipment EXPORT MARKETS FOR Japan WERE (2021 - 2022):
India$29.5M (20.5%)
Czechia$13M (33.4%)
Switzerland$6.73M (124%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Low-voltage Protection Equipment BY Japan WERE (2021 - 2022):
China-$339M (-13.9%)
Hong Kong-$138M (-12.7%)
Chinese Taipei-$84.6M (-26%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Low-voltage Protection Equipment were:
China $28.2B
Germany $16.4B
United States $10.7B
In 2022, Japan's main importing competitors in Low-voltage Protection Equipment were:
United States $14.8B
China $11.6B
Germany $9.72B

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Trade Value of Low-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $235M
TOP IMPORT POTENTIALChina+ $317M

Low-voltage Protection Equipment’s highest export potential is United States. With an export gap of $235M.   Low-voltage Protection Equipment’s highest import potential is China with an import gap of $317M.

See methodology.

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