2023
Exports
$41.9MWorld Rnk 6 / 161
Flag Rnk 563 / 1209
2023
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.42Rnk 59 / 1025
2023
Imports
$11.9MWorld Rnk 31 / 218
Flag Rnk 951 / 1209
2023
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $41.9M in Soldering and Welding Machinery, making it the 6th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 563rd most exported product in Japan. The main destination of Soldering and Welding Machinery exports from Japan are: China ($9.93M), United States ($3.24M), Slovakia ($2.86M), India ($2.72M), and Indonesia ($2.58M).

The fastest growing export markets for Soldering and Welding Machinery of Japan between 2022 and 2023 were Slovakia ($2.4M), Canada ($1.51M), and Mexico ($1.46M).

Imports In 2023, Japan imported $11.9M in Soldering and Welding Machinery, becoming the 31st largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 951st most imported product in Japan. Japan imports Soldering and Welding Machinery primarily from: China ($6.52M), Thailand ($1.09M), South Korea ($963k), Germany ($515k), and Chinese Taipei ($486k).

The fastest growing import markets in Soldering and Welding Machinery for Japan between 2022 and 2023 were China ($1.48M), Chinese Taipei ($351k), and Malaysia ($329k).

COMPANIES In 2023, leading companies such as Stihl (1) were at the forefront of shipping Soldering and Welding Machinery from Japan to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥7.48M(3.71%)
IMPORT GROWTH (November 2023 - November 2024)¥105M(112%)
MAIN EXPORTER (November 2024)Kanagawa¥229M
MAIN DESTINATION (November 2024)Thailand¥86.2M

This section shows Soldering and Welding 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 Soldering and Welding Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$41.9M
IMPORTS (2023)$11.9M
NET TRADE (2023)$30M

In 2023, Japan exported $41.9M in Soldering and Welding Machinery. The main destinations of Japan exports on Soldering and Welding Machinery were China ($9.93M), United States ($3.24M), Slovakia ($2.86M), India ($2.72M), and Indonesia ($2.58M).

In 2023, Japan imported $11.9M in Soldering and Welding Machinery, mainly from China ($6.52M), Thailand ($1.09M), South Korea ($963k), Germany ($515k), and Chinese Taipei ($486k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Slovakia$2.4M (524%)
Canada$1.51M (302%)
Mexico$1.46M (469%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Japan WERE (2022 - 2023):
China-$6.67M (-40.2%)
Saudi Arabia-$2.06M (-96.8%)
South Korea-$1.69M (-50.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Soldering and Welding Machinery were:
In 2023, Japan's main importing competitors in Soldering and Welding Machinery were:

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.4M
TOP IMPORT POTENTIALChina+ $1.86M

Soldering and Welding Machinery’s highest export potential is United States. With an export gap of $1.4M.   Soldering and Welding Machinery’s highest import potential is China with an import gap of $1.86M.

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