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2022
Exports $2.84BWorld Rnk 1 / 93
Flag Rnk 58 / 1213
2022
Destination $109M China
2021 - 2022
FASTEST GROWING MARKET $109MUnited States
2022
PRODUCT COMPLEXITY IN Metalworking Transfer Machines2.21Rnk 2 / 1025
2022
Imports $83.9MWorld Rnk 26 / 169
Flag Rnk 611 / 1214
2022
Origin $9.74M Germany
2021 - 2022
FASTEST GROWING ORIGIN $9.74MGermany
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $2.84B in Metalworking Transfer Machines, making it the 1st largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 58th most exported product in Japan. The main destination of Metalworking Transfer Machines exports from Japan are: China ($989M), United States ($685M), India ($134M), Germany ($121M), and South Korea ($90.4M).

The fastest growing export markets for Metalworking Transfer Machines of Japan between 2021 and 2022 were United States ($109M), Germany ($46.3M), and South Korea ($19.4M).

Imports In 2022, Japan imported $83.9M in Metalworking Transfer Machines, becoming the 26th largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 611th most imported product in Japan. Japan imports Metalworking Transfer Machines primarily from: Germany ($33.1M), Chinese Taipei ($25.3M), China ($7.72M), Poland ($4.32M), and Switzerland ($3.3M).

The fastest growing import markets in Metalworking Transfer Machines for Japan between 2021 and 2022 were Germany ($9.74M), Chinese Taipei ($7.65M), and China ($4.51M).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Metalworking Transfer Machines exports accounted up to ¥25.3B and imports accounted up to ¥965M, resulting in a positive trade balance of ¥24.4B. Between August 2023 and August 2024 the exports of Japan's   Metalworking Transfer Machines have decreased by ¥-1.74B (-6.44%) from ¥27.1B to ¥25.3B, while imports increased by ¥226M (30.6%) from ¥739M to ¥965M.

Destinations In August 2024, Metalworking Transfer Machines were exported mostly to China (¥8.99B), United States (¥5.31B), India (¥2.16B), Chinese Taipei (¥1.18B), and Turkey (¥818M), and were imported mostly from Germany (¥736M), China (¥127M), Chinese Taipei (¥67.9M), Poland (¥26.8M), and Thailand (¥6.86M).

Growth In August 2024, the decrease in Metalworking Transfer Machines's year-by-year exports was explained primarily by a decrease in exports to Turkey (¥-459M or -54%), Chinese Taipei (¥-296M or -60.9%), and Indonesia (¥-273M or -60.8%). In August 2024, the increase in Metalworking Transfer Machines's year-by-year imports was explained primarily by an increase in imports from Thailand (¥85M or 889%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥-1.74B(-6.44%)
IMPORT GROWTH (August 2023 - August 2024)¥226M(30.6%)
MAIN EXPORTER (August 2024)Aichi¥16.9B
MAIN DESTINATION (August 2024)China¥8.99B

This section shows Metalworking Transfer Machines'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 Metalworking Transfer Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.84B
IMPORTS (2022)$83.9M
NET TRADE (2022)$2.75B

In 2022, Japan exported $2.84B in Metalworking Transfer Machines. The main destinations of Japan exports on Metalworking Transfer Machines were China ($989M), United States ($685M), India ($134M), Germany ($121M), and South Korea ($90.4M).

In 2022, Japan imported $83.9M in Metalworking Transfer Machines, mainly from Germany ($33.1M), Chinese Taipei ($25.3M), China ($7.72M), Poland ($4.32M), and Switzerland ($3.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Transfer Machines EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$109M (19%)
Germany$46.3M (62.3%)
South Korea$19.4M (27.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Transfer Machines BY Japan WERE (2021 - 2022):
China-$238M (-19.4%)
India-$33.1M (-19.8%)
Chinese Taipei-$23.1M (-21.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Metalworking Transfer Machines were:
Germany $1.79B
Chinese Taipei $1.13B
In 2022, Japan's main importing competitors in Metalworking Transfer Machines were:
China $1.85B
United States $1.5B
Germany $559M

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Trade Value of Metalworking Transfer Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $12.4M
TOP IMPORT POTENTIALChina+ $4.11M

Metalworking Transfer Machines’s highest export potential is India. With an export gap of $12.4M.   Metalworking Transfer Machines’s highest import potential is China with an import gap of $4.11M.

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