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2023
Exports $3.76BWorld Rnk 5 / 217
Flag Rnk 45 / 1209
2023
Destination $50.4M China
2022 - 2023
FASTEST GROWING MARKET $50.4MVietnam
2023
PRODUCT COMPLEXITY IN Other Electrical Machinery1.46Rnk 52 / 1025
2023
Imports $2.53BWorld Rnk 4 / 225
Flag Rnk 48 / 1209
2023
Origin $67.4M China
2022 - 2023
FASTEST GROWING ORIGIN $67.4MIndonesia
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $3.76B in Other Electrical Machinery, making it the 5th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 45th most exported product in Japan. The main destination of Other Electrical Machinery exports from Japan are: China ($993M), United States ($915M), Thailand ($337M), Hong Kong ($251M), and South Korea ($212M).

The fastest growing export markets for Other Electrical Machinery of Japan between 2022 and 2023 were Vietnam ($50.4M), Poland ($32.1M), and Mexico ($18.2M).

Imports In 2023, Japan imported $2.53B in Other Electrical Machinery, becoming the 4th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 48th most imported product in Japan. Japan imports Other Electrical Machinery primarily from: China ($1.17B), United States ($382M), Malaysia ($181M), Germany ($140M), and Indonesia ($111M).

The fastest growing import markets in Other Electrical Machinery for Japan between 2022 and 2023 were Indonesia ($67.4M), Sweden ($21.7M), and Poland ($12.8M).

COMPANIES In 2023, leading companies such as Panasonic (131), Tesla (15), and TE Connectivity (7) were at the forefront of shipping Other Electrical Machinery from Japan to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Japan's Other Electrical Machinery exports accounted up to ¥41.9B and imports accounted up to ¥23.3B, resulting in a positive trade balance of ¥18.6B. Between November 2023 and November 2024 the exports of Japan's   Other Electrical Machinery have increased by ¥1.99B (4.98%) from ¥40B to ¥41.9B, while imports decreased by ¥-6.53B (-21.9%) from ¥29.8B to ¥23.3B.

Destinations In November 2024, Other Electrical Machinery were exported mostly to China (¥13.3B), United States (¥5.1B), South Korea (¥4.83B), Hong Kong (¥3.85B), and Chinese Taipei (¥3.23B), and were imported mostly from China (¥8.01B), United States (¥4.53B), Malaysia (¥2.82B), Germany (¥1.52B), and South Korea (¥1.07B).

Growth In November 2024, the increase in Other Electrical Machinery's year-by-year exports was explained primarily by an increase in exports to India (¥1.17B or 219%), Indonesia (¥322M or 145%), and Malaysia (¥300M or 42.5%). In November 2024, the decrease in Other Electrical Machinery's year-by-year imports was explained primarily by a decrease in imports from South Korea (¥-778M or -41.2%), Malaysia (¥-500M or -16.2%), and France (¥-201M or -53.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥1.99B(4.98%)
IMPORT GROWTH (November 2023 - November 2024)¥-6.53B(-21.9%)
MAIN EXPORTER (November 2024)Chiba¥20.1B
MAIN DESTINATION (November 2024)China¥13.3B

This section shows Other Electrical Machinery'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 Other Electrical Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.76B
IMPORTS (2023)$2.53B
NET TRADE (2023)$1.23B

In 2023, Japan exported $3.76B in Other Electrical Machinery. The main destinations of Japan exports on Other Electrical Machinery were China ($993M), United States ($915M), Thailand ($337M), Hong Kong ($251M), and South Korea ($212M).

In 2023, Japan imported $2.53B in Other Electrical Machinery, mainly from China ($1.17B), United States ($382M), Malaysia ($181M), Germany ($140M), and Indonesia ($111M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Vietnam$50.4M (147%)
Poland$32.1M (450%)
Mexico$18.2M (33.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Japan WERE (2022 - 2023):
China-$309M (-23.7%)
United States-$197M (-17.7%)
South Korea-$78.3M (-27%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Other Electrical Machinery were:
China $20.3B
United States $5.26B
Germany $4.99B
In 2023, Japan's main importing competitors in Other Electrical Machinery were:
United States $17.6B
Germany $4.08B
China $3.85B

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $124M
TOP IMPORT POTENTIALChina+ $207M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $124M.   Other Electrical Machinery’s highest import potential is China with an import gap of $207M.

See methodology.

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