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2022
Exports $977MWorld Rnk 13 / 213
Flag Rnk 128 / 1213
2022
Destination $35.7M China
2021 - 2022
FASTEST GROWING MARKET $35.7MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Refrigerators0.56Rnk 339 / 1025
2022
Imports $1.52BWorld Rnk 8 / 224
Flag Rnk 99 / 1214
2022
Origin $33.3M China
2021 - 2022
FASTEST GROWING ORIGIN $33.3MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $977M in Refrigerators, making it the 13th largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 128th most exported product in Japan. The main destination of Refrigerators exports from Japan are: China ($151M), United States ($131M), Chinese Taipei ($127M), France ($79.1M), and Netherlands ($68.9M).

The fastest growing export markets for Refrigerators of Japan between 2021 and 2022 were United Kingdom ($35.7M), Germany ($16.8M), and China ($15.8M).

Imports In 2022, Japan imported $1.52B in Refrigerators, becoming the 8th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 99th most imported product in Japan. Japan imports Refrigerators primarily from: China ($941M), Thailand ($256M), South Korea ($95.6M), Indonesia ($56.6M), and United States ($36.7M).

The fastest growing import markets in Refrigerators for Japan between 2021 and 2022 were China ($33.3M), Indonesia ($13.1M), and Chinese Taipei ($5.83M).

COMPANIES In 2023, leading companies such as Toyota (94), CNH Industrial (14), and General Motors (1) were at the forefront of shipping Refrigerators from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Refrigerators exports accounted up to ¥8.9B and imports accounted up to ¥20.2B, resulting in a negative trade balance of ¥11.3B. Between June 2023 and June 2024 the exports of Japan's   Refrigerators have decreased by ¥-776M (-8.01%) from ¥9.68B to ¥8.9B, while imports increased by ¥54.8M (0.27%) from ¥20.1B to ¥20.2B.

Destinations In June 2024, Refrigerators were exported mostly to Chinese Taipei (¥2.18B), United States (¥1.41B), China (¥1.22B), United Kingdom (¥1.16B), and South Korea (¥399M), and were imported mostly from China (¥12.2B), Thailand (¥3.72B), South Korea (¥1.92B), Australia (¥397M), and Indonesia (¥300M).

Growth In June 2024, the decrease in Refrigerators's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei (¥-414M or -39.1%), United States (¥-388M or -30.4%), and China (¥-134M or -17.8%). In June 2024, the increase in Refrigerators's year-by-year imports was explained primarily by an increase in imports from South Korea (¥1.16B or 240%), China (¥1.03B or 9.88%), and Italy (¥111M or 110%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-776M(-8.01%)
IMPORT GROWTH (June 2023 - June 2024)¥54.8M(0.27%)
MAIN EXPORTER (June 2024)Tokyo¥2.86B
MAIN DESTINATION (June 2024)Chinese Taipei¥2.18B

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 (2022)$977M
IMPORTS (2022)$1.52B
NET TRADE (2022)-$543M

In 2022, Japan exported $977M in Refrigerators. The main destinations of Japan exports on Refrigerators were China ($151M), United States ($131M), Chinese Taipei ($127M), France ($79.1M), and Netherlands ($68.9M).

In 2022, Japan imported $1.52B in Refrigerators, mainly from China ($941M), Thailand ($256M), South Korea ($95.6M), Indonesia ($56.6M), and United States ($36.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United Kingdom$35.7M (118%)
Germany$16.8M (51%)
China$15.8M (11.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY Japan WERE (2021 - 2022):
United States-$6.39M (-4.66%)
Russia-$6.29M (-85%)
Saudi Arabia-$5.51M (-76.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Refrigerators were:
China $16.7B
Mexico $7.06B
Italy $4.21B
In 2022, Japan's main importing competitors in Refrigerators were:
United States $14B
Germany $4.27B
France $2.82B

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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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