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2023
Exports $868MWorld Rnk 13 / 206
Flag Rnk 134 / 1209
2023
Destination $17.5M Chinese Taipei
2022 - 2023
FASTEST GROWING MARKET $17.5MGermany
2023
PRODUCT COMPLEXITY IN Refrigerators0.59Rnk 333 / 1025
2023
Imports $1.54BWorld Rnk 8 / 225
Flag Rnk 90 / 1209
2023
Origin $37MN/A
2022 - 2023
FASTEST GROWING ORIGIN $37MSouth Korea
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $868M in Refrigerators, making it the 13th largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 134th most exported product in Japan. The main destination of Refrigerators exports from Japan are: Chinese Taipei ($119M), China ($117M), United States ($113M), France ($70.9M), and Germany ($52.4M).

The fastest growing export markets for Refrigerators of Japan between 2022 and 2023 were Germany ($17.5M), South Korea ($11.5M), and Italy ($10.9M).

Imports In 2023, Japan imported $1.54B in Refrigerators, becoming the 8th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 90th most imported product in Japan. Japan imports Refrigerators primarily from: N/A.

The fastest growing import markets in Refrigerators for Japan between 2022 and 2023 were South Korea ($37M), Australia ($13.3M), and United Kingdom ($2.72M).

COMPANIES In 2024, leading companies such as Toyota (63), CNH Industrial (6), and Hall's Warehouse (2) were at the forefront of shipping Refrigerators from Japan to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Japan's Refrigerators exports accounted up to ¥10.3B and imports accounted up to ¥16.6B, resulting in a negative trade balance of ¥6.3B. Between December 2023 and December 2024 the exports of Japan's   Refrigerators have increased by ¥2.52B (32.5%) from ¥7.76B to ¥10.3B, while imports increased by ¥1.01B (6.47%) from ¥15.6B to ¥16.6B.

Destinations In December 2024, Refrigerators were exported mostly to Chinese Taipei (¥2.35B), United States (¥2.06B), China (¥1.36B), United Kingdom (¥840M), and Germany (¥379M), and were imported mostly from China (¥10.9B), Thailand (¥1.97B), South Korea (¥1.28B), Vietnam (¥487M), and United States (¥383M).

Growth In December 2024, the increase in Refrigerators's year-by-year exports was explained primarily by an increase in exports to United States (¥507M or 57.1%), United Kingdom (¥211M or 54.4%), and Philippines (¥83.9M or 2.27k%). In December 2024, the increase in Refrigerators's year-by-year imports was explained primarily by an increase in imports from China (¥2.73B or 23.8%), Thailand (¥316M or 10%), and United Kingdom (¥83.1M or 856%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)¥2.52B(32.5%)
IMPORT GROWTH (December 2023 - December 2024)¥1.01B(6.47%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Chinese Taipei¥2.35B

This section shows Refrigerators'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 Refrigerators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$868M
IMPORTS (2023)$1.54B
NET TRADE (2023)-$668M

In 2023, Japan exported $868M in Refrigerators. The main destinations of Japan exports on Refrigerators were Chinese Taipei ($119M), China ($117M), United States ($113M), France ($70.9M), and Germany ($52.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Germany$17.5M (50.1%)
South Korea$11.5M (95.7%)
Italy$10.9M (47.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY Japan WERE (2022 - 2023):
China-$52.1M (-30.9%)
Netherlands-$33.2M (-48.1%)
United States-$32.5M (-22.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Refrigerators were:
China $16.4B
Mexico $7.25B
Italy $4.25B
In 2023, Japan's main importing competitors in Refrigerators were:
United States $13.7B
Germany $4.51B
France $2.78B

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Trade Value of Refrigerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $73.4M
TOP IMPORT POTENTIALChina+ $154M

Refrigerators’s highest export potential is United States. With an export gap of $73.4M.   Refrigerators’s highest import potential is China with an import gap of $154M.

See methodology.

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