Safes in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $2.1M in Safes, making it the 39th largest exporter of Safes in the world. At the same year, Safes was the 952nd most exported product in Japan. The main destination of Safes exports from Japan are: United Arab Emirates ($741k), China ($653k), Thailand ($403k), Singapore ($116k), and Hong Kong ($29.6k).

The fastest growing export markets for Safes of Japan between 2021 and 2022 were United Arab Emirates ($659k), Thailand ($194k), and Singapore ($52.1k).

Imports In 2022, Japan imported $24.6M in Safes, becoming the 12th largest importer of Safes in the world. At the same year, Safes was the 867th most imported product in Japan. Japan imports Safes primarily from: China ($8.38M), Thailand ($5.13M), Chinese Taipei ($3.07M), South Korea ($2.85M), and United States ($2.49M).

The fastest growing import markets in Safes for Japan between 2021 and 2022 were Thailand ($1.34M), Chinese Taipei ($522k), and Germany ($444k).

Latest Trends

June 2024

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Overview In June 2024 Japan's Safes exports accounted up to ¥43.7M and imports accounted up to ¥259M, resulting in a negative trade balance of ¥215M. Between June 2023 and June 2024 the exports of Japan's Safes have increased by ¥25.6M (142%) from ¥18.1M to ¥43.7M, while imports increased by ¥16.1M (6.63%) from ¥243M to ¥259M.

Destinations In June 2024, Safes were exported mostly to China (¥43M) and Palau (¥705k), and were imported mostly from China (¥116M), South Korea (¥43.8M), Thailand (¥42M), Chinese Taipei (¥31.9M), and Mexico (¥24M).

Growth In June 2024, the increase in Safes's year-by-year exports was explained primarily by an increase in exports to China (¥6.52M or 39.8%). In June 2024, the increase in Safes's year-by-year imports was explained primarily by an increase in imports from China (¥30.4M or 31.3%), South Korea (¥11.1M or 43.6%), and Mexico (¥4.92M or 35.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)¥25.6M(142%)

IMPORT GROWTH (June 2023 - June 2024)¥16.1M(6.63%)

MAIN EXPORTER (June 2024)Hyōgo¥42.8M

MAIN DESTINATION (June 2024)China¥43M

This section shows Safes'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 Safes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.1M

IMPORTS (2022)$24.6M

NET TRADE (2022)-$22.5M

In 2022, Japan exported $2.1M in Safes. The main destinations of Japan exports on Safes were United Arab Emirates ($741k), China ($653k), Thailand ($403k), Singapore ($116k), and Hong Kong ($29.6k).

In 2022, Japan imported $24.6M in Safes, mainly from China ($8.38M), Thailand ($5.13M), Chinese Taipei ($3.07M), South Korea ($2.85M), and United States ($2.49M).

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