2022
Exports
$2.29BWorld Rnk 3 / 187
Flag Rnk 68 / 1213
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.71Rnk 22 / 1025
2022
Imports
$568MWorld Rnk 14 / 213
Flag Rnk 214 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $2.29B in Rubberworking Machinery, making it the 3rd largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 68th most exported product in Japan. The main destination of Rubberworking Machinery exports from Japan are: China ($950M), United States ($360M), Vietnam ($90.7M), Thailand ($89M), and South Korea ($87.2M).

The fastest growing export markets for Rubberworking Machinery of Japan between 2021 and 2022 were Poland ($36.5M), Hungary ($34.2M), and Cambodia ($25.8M).

Imports In 2022, Japan imported $568M in Rubberworking Machinery, becoming the 14th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 214th most imported product in Japan. Japan imports Rubberworking Machinery primarily from: China ($266M), Chinese Taipei ($61.6M), Germany ($45.2M), United States ($36.2M), and South Korea ($34.4M).

The fastest growing import markets in Rubberworking Machinery for Japan between 2021 and 2022 were China ($29.6M), Malaysia ($9.52M), and Italy ($8.72M).

COMPANIES In 2023, leading companies such as Yokohama Industries (35), Sumitomo Rubber (4), and Danfoss (4) were at the forefront of shipping Rubberworking Machinery from Japan to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥-7.45B(-24%)
IMPORT GROWTH (September 2023 - September 2024)¥-698M(-12.5%)
MAIN EXPORTER (September 2024)Hyōgo¥14.5B
MAIN DESTINATION (September 2024)China¥9.96B

This section shows Rubberworking 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 Rubberworking Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.29B
IMPORTS (2022)$568M
NET TRADE (2022)$1.72B

In 2022, Japan exported $2.29B in Rubberworking Machinery. The main destinations of Japan exports on Rubberworking Machinery were China ($950M), United States ($360M), Vietnam ($90.7M), Thailand ($89M), and South Korea ($87.2M).

In 2022, Japan imported $568M in Rubberworking Machinery, mainly from China ($266M), Chinese Taipei ($61.6M), Germany ($45.2M), United States ($36.2M), and South Korea ($34.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Poland$36.5M (124%)
Hungary$34.2M (910%)
Cambodia$25.8M (726%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Japan WERE (2021 - 2022):
China-$120M (-11.2%)
United States-$81M (-18.4%)
Hong Kong-$39M (-81.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Rubberworking Machinery were:
China $7.21B
In 2022, Japan's main importing competitors in Rubberworking Machinery were:

Explore Visualizations

Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $36.9M
TOP IMPORT POTENTIALChina+ $50.9M

Rubberworking Machinery’s highest export potential is India. With an export gap of $36.9M.   Rubberworking Machinery’s highest import potential is China with an import gap of $50.9M.

See methodology.

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