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2022
Exports $1.72BWorld Rnk 1 / 117
Flag Rnk 84 / 1213
2022
Destination $163M United States
2021 - 2022
FASTEST GROWING MARKET $163MUnited States
2022
PRODUCT COMPLEXITY IN Metal Lathes1.68Rnk 29 / 1025
2022
Imports $252MWorld Rnk 7 / 189
Flag Rnk 347 / 1214
2022
Origin $59.3M China
2021 - 2022
FASTEST GROWING ORIGIN $59.3MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $1.72B in Metal Lathes, making it the 1st largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 84th most exported product in Japan. The main destination of Metal Lathes exports from Japan are: United States ($536M), China ($169M), Germany ($103M), Italy ($84.7M), and Netherlands ($78.1M).

The fastest growing export markets for Metal Lathes of Japan between 2021 and 2022 were United States ($163M), Germany ($31M), and Switzerland ($29.7M).

Imports In 2022, Japan imported $252M in Metal Lathes, becoming the 7th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 347th most imported product in Japan. Japan imports Metal Lathes primarily from: China ($150M), Thailand ($50.7M), South Korea ($17.7M), Philippines ($10.8M), and Singapore ($6.45M).

The fastest growing import markets in Metal Lathes for Japan between 2021 and 2022 were China ($59.3M), Singapore ($2.13M), and Poland ($1.38M).

Latest Trends

September 2024

About

Overview In September 2024 Japan's Metal Lathes exports accounted up to ¥19.3B and imports accounted up to ¥1.76B, resulting in a positive trade balance of ¥17.5B. Between September 2023 and September 2024 the exports of Japan's   Metal Lathes have decreased by ¥-3.4B (-15%) from ¥22.7B to ¥19.3B, while imports increased by ¥410M (30.3%) from ¥1.35B to ¥1.76B.

Destinations In September 2024, Metal Lathes were exported mostly to United States (¥5.98B), Thailand (¥1.64B), China (¥1.46B), Italy (¥978M), and France (¥937M), and were imported mostly from China (¥649M), Thailand (¥534M), Italy (¥227M), South Korea (¥137M), and Singapore (¥118M).

Growth In September 2024, the decrease in Metal Lathes's year-by-year exports was explained primarily by a decrease in exports to Thailand (¥-340M or -46.3%), Chinese Taipei (¥-126M or -52.2%), and Mexico (¥-123M or -30.1%). In September 2024, the increase in Metal Lathes's year-by-year imports was explained primarily by an increase in imports from China (¥136M or 6.81%), Singapore (¥113M or 207%), and Chinese Taipei (¥36.2M or 75.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥-3.4B(-15%)
IMPORT GROWTH (September 2023 - September 2024)¥410M(30.3%)
MAIN EXPORTER (September 2024)Aichi¥15.4B
MAIN DESTINATION (September 2024)United States¥5.98B

This section shows Metal Lathes'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 Lathes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.72B
IMPORTS (2022)$252M
NET TRADE (2022)$1.47B

In 2022, Japan exported $1.72B in Metal Lathes. The main destinations of Japan exports on Metal Lathes were United States ($536M), China ($169M), Germany ($103M), Italy ($84.7M), and Netherlands ($78.1M).

In 2022, Japan imported $252M in Metal Lathes, mainly from China ($150M), Thailand ($50.7M), South Korea ($17.7M), Philippines ($10.8M), and Singapore ($6.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$163M (43.5%)
Germany$31M (43%)
Switzerland$29.7M (259%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Japan WERE (2021 - 2022):
China-$24.9M (-12.8%)
South Korea-$23.9M (-31.5%)
Russia-$9.7M (-78.2%)
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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 Lathes were:
South Korea $919M
Germany $778M
In 2022, Japan's main importing competitors in Metal Lathes were:
United States $1.15B
China $631M
Germany $594M

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Trade Value of Metal Lathes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $21.1M
TOP IMPORT POTENTIALSouth Korea+ $6.85M

Metal Lathes’s highest export potential is China. With an export gap of $21.1M.   Metal Lathes’s highest import potential is South Korea with an import gap of $6.85M.

See methodology.

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