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2022
Exports $738MWorld Rnk 3 / 164
Flag Rnk 151 / 1213
2022
Destination $1.94M China
2021 - 2022
FASTEST GROWING MARKET $1.94MItaly
2022
PRODUCT COMPLEXITY IN Metal Insulating Fittings1.18Rnk 110 / 1025
2022
Imports $169MWorld Rnk 11 / 214
Flag Rnk 431 / 1214
2022
Origin $3.5M China
2021 - 2022
FASTEST GROWING ORIGIN $3.5MUnited States
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $738M in Metal Insulating Fittings, making it the 3rd largest exporter of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 151st most exported product in Japan. The main destination of Metal Insulating Fittings exports from Japan are: China ($157M), United States ($79.6M), Vietnam ($70.9M), Thailand ($55M), and Indonesia ($47.9M).

The fastest growing export markets for Metal Insulating Fittings of Japan between 2021 and 2022 were Italy ($1.94M), Uruguay ($1.67M), and Singapore ($1.59M).

Imports In 2022, Japan imported $169M in Metal Insulating Fittings, becoming the 11th largest importer of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 431st most imported product in Japan. Japan imports Metal Insulating Fittings primarily from: China ($71.8M), United States ($27M), Thailand ($25.9M), Vietnam ($11.4M), and South Korea ($8.33M).

The fastest growing import markets in Metal Insulating Fittings for Japan between 2021 and 2022 were United States ($3.5M), Thailand ($2.66M), and New Zealand ($1.69M).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (2) and John Deere (1) were at the forefront of shipping Metal Insulating Fittings from Japan to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Japan's Metal Insulating Fittings exports accounted up to ¥8.38B and imports accounted up to ¥1.47B, resulting in a positive trade balance of ¥6.91B. Between July 2023 and July 2024 the exports of Japan's   Metal Insulating Fittings have increased by ¥977M (13.2%) from ¥7.4B to ¥8.38B, while imports increased by ¥56.9M (4.04%) from ¥1.41B to ¥1.47B.

Destinations In July 2024, Metal Insulating Fittings were exported mostly to China (¥1.38B), Hong Kong (¥863M), Vietnam (¥859M), Indonesia (¥774M), and Thailand (¥757M), and were imported mostly from China (¥618M), United States (¥233M), Thailand (¥152M), Vietnam (¥121M), and South Korea (¥114M).

Growth In July 2024, the increase in Metal Insulating Fittings's year-by-year exports was explained primarily by an increase in exports to Vietnam (¥184M or 32.4%), Hong Kong (¥68.4M or 23.2%), and South Africa (¥37M or 238%). In July 2024, the increase in Metal Insulating Fittings's year-by-year imports was explained primarily by an increase in imports from United States (¥29.8M or 19.9%), Mexico (¥25.9M or 1.06k%), and China (¥17.9M or 2.64%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)¥977M(13.2%)
IMPORT GROWTH (July 2023 - July 2024)¥56.9M(4.04%)
MAIN DESTINATION (July 2024)China¥1.38B

This section shows Metal Insulating Fittings'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 Metal Insulating Fittings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$738M
IMPORTS (2022)$169M
NET TRADE (2022)$568M

In 2022, Japan exported $738M in Metal Insulating Fittings. The main destinations of Japan exports on Metal Insulating Fittings were China ($157M), United States ($79.6M), Vietnam ($70.9M), Thailand ($55M), and Indonesia ($47.9M).

In 2022, Japan imported $169M in Metal Insulating Fittings, mainly from China ($71.8M), United States ($27M), Thailand ($25.9M), Vietnam ($11.4M), and South Korea ($8.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Insulating Fittings EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Italy$1.94M (103%)
Uruguay$1.67M (252%)
Singapore$1.59M (13.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Insulating Fittings BY Japan WERE (2021 - 2022):
China-$24.8M (-13.7%)
Vietnam-$21M (-22.8%)
United States-$19.1M (-19.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Metal Insulating Fittings were:
Germany $1.34B
China $989M
In 2022, Japan's main importing competitors in Metal Insulating Fittings were:
China $757M
Germany $534M
United States $534M

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Trade Value of Metal Insulating Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.86M
TOP IMPORT POTENTIALChina+ $7.75M

Metal Insulating Fittings’s highest export potential is China. With an export gap of $7.86M.   Metal Insulating Fittings’s highest import potential is China with an import gap of $7.75M.

See methodology.

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