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2022
Exports $3.71BWorld Rnk 5 / 216
Flag Rnk 43 / 1213
2022
Destination $166M China
2021 - 2022
FASTEST GROWING MARKET $166MUnited States
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery1.33Rnk 86 / 1025
2022
Imports $2.93BWorld Rnk 5 / 224
Flag Rnk 36 / 1214
2022
Origin $21.9M China
2021 - 2022
FASTEST GROWING ORIGIN $21.9MSweden
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $3.71B 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 43rd most exported product in Japan. The main destination of Other Electrical Machinery exports from Japan are: China ($1.17B), United States ($661M), Hong Kong ($515M), South Korea ($248M), and Thailand ($164M).

The fastest growing export markets for Other Electrical Machinery of Japan between 2021 and 2022 were United States ($166M), Hong Kong ($69.5M), and Chinese Taipei ($29.9M).

Imports In 2022, Japan imported $2.93B in Other Electrical Machinery, becoming the 5th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 36th most imported product in Japan. Japan imports Other Electrical Machinery primarily from: China ($1.6B), United States ($249M), Malaysia ($248M), Germany ($158M), and South Korea ($141M).

The fastest growing import markets in Other Electrical Machinery for Japan between 2021 and 2022 were Sweden ($21.9M), Chinese Taipei ($15.2M), and Indonesia ($13M).

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

September 2024

About

Overview In September 2024 Japan's Other Electrical Machinery exports accounted up to ¥41.8B and imports accounted up to ¥24.2B, resulting in a positive trade balance of ¥17.6B. Between September 2023 and September 2024 the exports of Japan's   Other Electrical Machinery have decreased by ¥-5.77B (-12.1%) from ¥47.6B to ¥41.8B, while imports increased by ¥2.21B (10%) from ¥22B to ¥24.2B.

Destinations In September 2024, Other Electrical Machinery were exported mostly to China (¥12.5B), Hong Kong (¥7.77B), United States (¥4.94B), South Korea (¥3.53B), and Vietnam (¥2.21B), and were imported mostly from China (¥8.45B), United States (¥3.91B), Malaysia (¥3.41B), Germany (¥1.85B), and Indonesia (¥1.17B).

Growth In September 2024, the decrease in Other Electrical Machinery's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (¥-4.25B or -49.1%), China (¥-1.95B or -19.8%), and Chinese Taipei (¥-1.36B or -63.3%). In September 2024, the increase in Other Electrical Machinery's year-by-year imports was explained primarily by an increase in imports from China (¥1.47B or 12.3%), Indonesia (¥987M or 1.23k%), and Thailand (¥339M or 54.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥-5.77B(-12.1%)
IMPORT GROWTH (September 2023 - September 2024)¥2.21B(10%)
MAIN EXPORTER (September 2024)Chiba¥18.8B
MAIN DESTINATION (September 2024)China¥12.5B

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 (2022)$3.71B
IMPORTS (2022)$2.93B
NET TRADE (2022)$781M

In 2022, Japan exported $3.71B in Other Electrical Machinery. The main destinations of Japan exports on Other Electrical Machinery were China ($1.17B), United States ($661M), Hong Kong ($515M), South Korea ($248M), and Thailand ($164M).

In 2022, Japan imported $2.93B in Other Electrical Machinery, mainly from China ($1.6B), United States ($249M), Malaysia ($248M), Germany ($158M), and South Korea ($141M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$166M (33.6%)
Hong Kong$69.5M (15.6%)
Chinese Taipei$29.9M (26.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Japan WERE (2021 - 2022):
Singapore-$38.8M (-25.6%)
South Korea-$38.7M (-13.5%)
China-$31.6M (-2.64%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Other Electrical Machinery were:
China $27.5B
Germany $4.81B
United States $4.57B
In 2022, Japan's main importing competitors in Other Electrical Machinery were:
United States $18.2B
China $4.55B
Germany $3.76B

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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.

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