2023
Exports
$1.8BWorld Rnk 7 / 212
Flag Rnk 79 / 1209
2023
PRODUCT COMPLEXITY IN Other Heating Machinery
1.3Rnk 78 / 1025
2023
Imports
$1.34BWorld Rnk 9 / 225
Flag Rnk 108 / 1209
2023
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $1.8B in Other Heating Machinery, making it the 7th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 79th most exported product in Japan. The main destination of Other Heating Machinery exports from Japan are: United States ($469M), China ($332M), Chinese Taipei ($109M), South Korea ($92.2M), and Mexico ($90.8M).

The fastest growing export markets for Other Heating Machinery of Japan between 2022 and 2023 were Hong Kong ($23.5M), India ($19.1M), and Germany ($7.18M).

Imports In 2023, Japan imported $1.34B in Other Heating Machinery, becoming the 9th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 108th most imported product in Japan. Japan imports Other Heating Machinery primarily from: China ($454M), United States ($162M), South Korea ($162M), Germany ($120M), and Thailand ($91.2M).

The fastest growing import markets in Other Heating Machinery for Japan between 2022 and 2023 were Thailand ($31.8M), South Korea ($27.7M), and Italy ($19.5M).

COMPANIES In 2024, leading companies such as BOEING (5), General Motors (4), and CNH Industrial (3) were at the forefront of shipping Other Heating Machinery from Japan to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)¥2.76B(13.4%)
IMPORT GROWTH (December 2023 - December 2024)¥3.22B(23.3%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States¥8.04B

This section shows Other Heating 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 Heating Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.8B
IMPORTS (2023)$1.34B
NET TRADE (2023)$458M

In 2023, Japan exported $1.8B in Other Heating Machinery. The main destinations of Japan exports on Other Heating Machinery were United States ($469M), China ($332M), Chinese Taipei ($109M), South Korea ($92.2M), and Mexico ($90.8M).

In 2023, Japan imported $1.34B in Other Heating Machinery, mainly from China ($454M), United States ($162M), South Korea ($162M), Germany ($120M), and Thailand ($91.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Hong Kong$23.5M (111%)
India$19.1M (121%)
Germany$7.18M (9.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY Japan WERE (2022 - 2023):
United States-$259M (-35.5%)
China-$48.6M (-12.8%)
South Korea-$35.1M (-27.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Other Heating Machinery were:
China $8.69B
Germany $5.96B
Italy $4.77B
In 2023, Japan's main importing competitors in Other Heating Machinery were:

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Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $87.1M
TOP IMPORT POTENTIALChina+ $100M

Other Heating Machinery’s highest export potential is China. With an export gap of $87.1M.   Other Heating Machinery’s highest import potential is China with an import gap of $100M.

See methodology.

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