2022
Exports
$156MWorld Rnk 19 / 209
Flag Rnk 365 / 1213
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$334MWorld Rnk 8 / 223
Flag Rnk 285 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $156M in Padlocks, making it the 19th largest exporter of Padlocks in the world. At the same year, Padlocks was the 365th most exported product in Japan. The main destination of Padlocks exports from Japan are: United States ($27M), China ($25.3M), Thailand ($15.9M), Canada ($15.7M), and Indonesia ($9.48M).

The fastest growing export markets for Padlocks of Japan between 2021 and 2022 were Canada ($15.1M), Malaysia ($1.52M), and Indonesia ($1.31M).

Imports In 2022, Japan imported $334M in Padlocks, becoming the 8th largest importer of Padlocks in the world. At the same year, Padlocks was the 285th most imported product in Japan. Japan imports Padlocks primarily from: China ($162M), Thailand ($103M), Chinese Taipei ($26.4M), South Korea ($6.74M), and Indonesia ($6.73M).

The fastest growing import markets in Padlocks for Japan between 2021 and 2022 were Thailand ($28.6M), South Korea ($3.02M), and Hong Kong ($2.78M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (7) and Panasonic (3) were at the forefront of shipping Padlocks from Japan to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-191M(-10.9%)
IMPORT GROWTH (June 2023 - June 2024)¥303M(8.15%)
MAIN EXPORTER (June 2024)Aichi¥941M
MAIN DESTINATION (June 2024)United States¥445M

This section shows Padlocks'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 Padlocks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$156M
IMPORTS (2022)$334M
NET TRADE (2022)-$178M

In 2022, Japan exported $156M in Padlocks. The main destinations of Japan exports on Padlocks were United States ($27M), China ($25.3M), Thailand ($15.9M), Canada ($15.7M), and Indonesia ($9.48M).

In 2022, Japan imported $334M in Padlocks, mainly from China ($162M), Thailand ($103M), Chinese Taipei ($26.4M), South Korea ($6.74M), and Indonesia ($6.73M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Canada$15.1M (2.76k%)
Malaysia$1.52M (47.1%)
Indonesia$1.31M (16%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Japan WERE (2021 - 2022):
China-$12.9M (-33.8%)
Russia-$4.69M (-85.4%)
Thailand-$3.73M (-19%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Japan's main importing competitors in Padlocks were:

Explore Visualizations

Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14M
TOP IMPORT POTENTIALChina+ $40.2M

Padlocks’s highest export potential is United States. With an export gap of $14M.   Padlocks’s highest import potential is China with an import gap of $40.2M.

See methodology.

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