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2018
Exports $136MWorld Rnk 20 / 178
Flag Rnk 383 / 1213
2018
Destination $6.83M South Korea
2021 - 2022
FASTEST GROWING MARKET $6.83MSouth Korea
2022
PRODUCT COMPLEXITY IN Soil Preparation Machinery0.69Rnk 279 / 1025
2018
Imports $163MWorld Rnk 22 / 211
Flag Rnk 442 / 1214
2018
Origin $3.06M China
2021 - 2022
FASTEST GROWING ORIGIN $3.06MCanada
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2018, Japan exported $136M in Soil Preparation Machinery, making it the 20th largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 383rd most exported product in Japan. The main destination of Soil Preparation Machinery exports from Japan are: South Korea ($72.4M), Chinese Taipei ($10.7M), United States ($7.81M), China ($7.33M), and Vietnam ($7.16M).

The fastest growing export markets for Soil Preparation Machinery of Japan between 2021 and 2022 were South Korea ($6.83M), United States ($2.91M), and Chinese Taipei ($2.26M).

Imports In 2022, Japan imported $163M in Soil Preparation Machinery, becoming the 22nd largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 442nd most imported product in Japan. Japan imports Soil Preparation Machinery primarily from: China ($57.3M), Italy ($18.8M), Germany ($12.2M), Chinese Taipei ($11.3M), and South Korea ($11.2M).

The fastest growing import markets in Soil Preparation Machinery for Japan between 2021 and 2022 were Canada ($3.06M), Chinese Taipei ($2.95M), and Denmark ($1.14M).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Soil Preparation Machinery exports accounted up to ¥471M and imports accounted up to ¥1.09B, resulting in a negative trade balance of ¥620M. Between June 2023 and June 2024 the exports of Japan's   Soil Preparation Machinery have decreased by ¥-188M (-28.5%) from ¥659M to ¥471M, while imports decreased by ¥-328M (-23.1%) from ¥1.42B to ¥1.09B.

Destinations In June 2024, Soil Preparation Machinery were exported mostly to South Korea (¥151M), China (¥67.9M), Vietnam (¥50.9M), India (¥35.8M), and Chinese Taipei (¥33.2M), and were imported mostly from China (¥208M), United States (¥170M), Germany (¥159M), Italy (¥119M), and France (¥103M).

Growth In June 2024, the decrease in Soil Preparation Machinery's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei (¥-106M or -55.9%), United States (¥-76.9M or -81.5%), and Sri Lanka (¥-25.4M or -96.8%). In June 2024, the decrease in Soil Preparation Machinery's year-by-year imports was explained primarily by a decrease in imports from Netherlands (¥-55.7M or -28.8%), Turkey (¥-55.6M or -80.7%), and Denmark (¥-34.4M or -87.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-188M(-28.5%)
IMPORT GROWTH (June 2023 - June 2024)¥-328M(-23.1%)
MAIN EXPORTER (June 2024)Okayama¥967M
MAIN DESTINATION (June 2024)South Korea¥151M

This section shows Soil Preparation 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 Soil Preparation Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$136M
IMPORTS (2022)$163M
NET TRADE (2022)-$27.4M

In 2022, Japan exported $136M in Soil Preparation Machinery. The main destinations of Japan exports on Soil Preparation Machinery were South Korea ($72.4M), Chinese Taipei ($10.7M), United States ($7.81M), China ($7.33M), and Vietnam ($7.16M).

In 2022, Japan imported $163M in Soil Preparation Machinery, mainly from China ($57.3M), Italy ($18.8M), Germany ($12.2M), Chinese Taipei ($11.3M), and South Korea ($11.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soil Preparation Machinery EXPORT MARKETS FOR Japan WERE (2021 - 2022):
South Korea$6.83M (10.4%)
United States$2.91M (59.3%)
Chinese Taipei$2.26M (26.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soil Preparation Machinery BY Japan WERE (2021 - 2022):
China-$4.73M (-39.2%)
Sri Lanka-$1.79M (-50.7%)
Bhutan-$818k (-97.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Soil Preparation Machinery were:
Germany $2.11B
China $1.21B
Italy $1.12B
In 2022, Japan's main importing competitors in Soil Preparation Machinery were:
United States $1.7B
Germany $957M
France $950M

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Trade Value of Soil Preparation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.25M
TOP IMPORT POTENTIALChina+ $12.3M

Soil Preparation Machinery’s highest export potential is United States. With an export gap of $8.25M.   Soil Preparation Machinery’s highest import potential is China with an import gap of $12.3M.

See methodology.

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