Shovels and excavators with revolving superstructure in Japan | The Observatory of Economic Complexity

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Pricing

2022
Exports $9.06BWorld Rnk 1 / 148
Flag

Rnk 8 / 4518

falsefalseN/A

2021 - 2022
FASTEST GROWING MARKETfalseUnited States

2022
Imports $64.4MWorld Rnk 63 / 216
Flag

Rnk 1152 / 4526

2021 - 2022
FASTEST GROWING ORIGINfalseN/A

2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

Image 1

Image by Tennessee Valley Authority
Link: https://flic.kr/p/7H78vb

Image 2

Image by Bruno Cordioli
Link: https://flic.kr/p/bwAXab

Latest Trends
Historical Data

About

The fastest growing export markets for Shovels and excavators with revolving superstructure of Japan between 2021 and 2022 were United States ($961M), Indonesia ($141M), and Vietnam ($50.9M).

Imports In 2022, Japan imported $64.4M in Shovels and excavators with revolving superstructure, becoming the 63rd largest importer of Shovels and excavators with revolving superstructure in the world. At the same year, Shovels and excavators with revolving superstructure was the 1152nd most imported product in Japan. Japan imports Shovels and excavators with revolving superstructure primarily from: China ($31M), United Kingdom ($15.8M), Germany ($5.69M), Hong Kong ($4.14M), and South Korea ($3.3M).

COMPANIES In 2023, leading companies such as Kubota (7.96k), Toyota (3.5k), and Wismettac Asian Foods (2.45k) were at the forefront of shipping Shovels and excavators with revolving superstructure from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Shovels and excavators with revolving superstructure exports accounted up to ¥111B and imports accounted up to ¥591M, resulting in a positive trade balance of ¥110B. Between June 2023 and June 2024 the exports of Japan's Shovels and excavators with revolving superstructure have decreased by ¥-29.1B (-20.8%) from ¥140B to ¥111B, while imports decreased by ¥-397M (-40.2%) from ¥988M to ¥591M.

Destinations In June 2024, Shovels and excavators with revolving superstructure were exported mostly to United States (¥59.1B), Netherlands (¥6.57B), Turkey (¥5.49B), Australia (¥4.35B), and United Kingdom (¥2.71B), and were imported mostly from Germany (¥371M), South Korea (¥110M), Switzerland (¥86.9M), Czechia (¥20.6M), and China (¥1.9M).

Growth In June 2024, the decrease in Shovels and excavators with revolving superstructure's year-by-year exports was explained primarily by a decrease in exports to Russia (¥-2.56B or -89.9%), Turkey (¥-1.45B or -88%), and Australia (¥-1.14B or -24.1%). In June 2024, the decrease in Shovels and excavators with revolving superstructure's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)¥-29.1B(-20.8%)

IMPORT GROWTH (June 2023 - June 2024)¥-397M(-40.2%)

MAIN EXPORTER (June 2024)Hyōgo¥34.8B

MAIN DESTINATION (June 2024)United States¥59.1B

This section shows Shovels and excavators with revolving superstructure'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 Shovels and excavators with revolving superstructure over time.

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Unit Prices

Flow

Exports

Imports

Value

Unit Price

Index (YoY)

Growth (YoY)

The following visualization shows the unit prices for Shovels and excavators with revolving superstructure throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.