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2022
Exports $4.92MWorld Rnk 21 / 62
Flag Rnk 861 / 1213
2022
Destination $3.76M Philippines
2021 - 2022
FASTEST GROWING MARKET $3.76MPhilippines
2022
PRODUCT COMPLEXITY IN Railway Maintenance Vehicles0.25Rnk 474 / 1025
2022
Imports $96.7MWorld Rnk 2 / 113
Flag Rnk 573 / 1214
2022
Origin $11.3M Austria
2021 - 2022
FASTEST GROWING ORIGIN $11.3MUnited States
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $4.92M in Railway Maintenance Vehicles, making it the 21st largest exporter of Railway Maintenance Vehicles in the world. At the same year, Railway Maintenance Vehicles was the 861st most exported product in Japan. The main destination of Railway Maintenance Vehicles exports from Japan are: Philippines ($3.76M), Italy ($666k), China ($369k), Malaysia ($106k), and Singapore ($11k).

The fastest growing export markets for Railway Maintenance Vehicles of Japan between 2021 and 2022 were Philippines ($3.76M), Italy ($666k), and China ($369k).

Imports In 2022, Japan imported $96.7M in Railway Maintenance Vehicles, becoming the 2nd largest importer of Railway Maintenance Vehicles in the world. At the same year, Railway Maintenance Vehicles was the 573rd most imported product in Japan. Japan imports Railway Maintenance Vehicles primarily from: Austria ($57.6M), Italy ($26.2M), United States ($11.3M), South Africa ($1.48M), and Chinese Taipei ($29.3k).

The fastest growing import markets in Railway Maintenance Vehicles for Japan between 2021 and 2022 were United States ($11.3M), Italy ($1.85M), and South Africa ($680k).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Railway Maintenance Vehicles exports accounted up to ¥356M and imports accounted up to ¥355M, resulting in a positive trade balance of ¥1.03M. Between July 2021 and June 2024 the exports of Japan's   Railway Maintenance Vehicles have increased by ¥349M (4.9k%) from ¥7.13M to ¥356M, while imports decreased by ¥-3.37B (-90.5%) from ¥3.72B to ¥355M.

Destinations In June 2024, Railway Maintenance Vehicles were exported mostly to , and were imported mostly from India (¥355M).

Growth In June 2024, the increase in Railway Maintenance Vehicles's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the decrease in Railway Maintenance Vehicles's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2021 - June 2024)¥349M(4.9k%)
IMPORT GROWTH (September 2022 - July 2024)¥-3.37B(-90.5%)
MAIN EXPORTER (June 2024)Kanagawa¥208M
MAIN DESTINATION (June 2024)

This section shows Railway Maintenance Vehicles'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 Railway Maintenance Vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.92M
IMPORTS (2022)$96.7M
NET TRADE (2022)-$91.7M

In 2022, Japan exported $4.92M in Railway Maintenance Vehicles. The main destinations of Japan exports on Railway Maintenance Vehicles were Philippines ($3.76M), Italy ($666k), China ($369k), Malaysia ($106k), and Singapore ($11k).

In 2022, Japan imported $96.7M in Railway Maintenance Vehicles, mainly from Austria ($57.6M), Italy ($26.2M), United States ($11.3M), South Africa ($1.48M), and Chinese Taipei ($29.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway Maintenance Vehicles EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Philippines$3.76M (1%)
Italy$666k (1%)
China$369k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Maintenance Vehicles BY Japan WERE (2021 - 2022):
Thailand-$136k (-100%)
Hong Kong-$16.4k (-100%)
Indonesia-$8.73k (-71.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Railway Maintenance Vehicles were:
Austria $263M
United States $179M
China $159M
In 2022, Japan's main importing competitors in Railway Maintenance Vehicles were:
Indonesia $120M
Canada $84.3M

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Trade Value of Railway Maintenance Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $216k
TOP IMPORT POTENTIALUnited States+ $613k

Railway Maintenance Vehicles’s highest export potential is China. With an export gap of $216k.   Railway Maintenance Vehicles’s highest import potential is United States with an import gap of $613k.

See methodology.

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