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2022
Exports $32.7MWorld Rnk 15 / 175
Flag Rnk 611 / 1213
2022
Destination $3.96M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $3.96MHong Kong
2022
PRODUCT COMPLEXITY IN Sound Recording Equipment0.32Rnk 439 / 1025
2022
Imports $105MWorld Rnk 7 / 209
Flag Rnk 556 / 1214
2022
Origin $62.3M China
2021 - 2022
FASTEST GROWING ORIGIN $62.3MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $32.7M in Sound Recording Equipment, making it the 15th largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 611th most exported product in Japan. The main destination of Sound Recording Equipment exports from Japan are: Hong Kong ($6.26M), United States ($3.82M), Russia ($3.06M), Germany ($3M), and China ($2.72M).

The fastest growing export markets for Sound Recording Equipment of Japan between 2021 and 2022 were Hong Kong ($3.96M), Germany ($2.63M), and United States ($2.45M).

Imports In 2022, Japan imported $105M in Sound Recording Equipment, becoming the 7th largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 556th most imported product in Japan. Japan imports Sound Recording Equipment primarily from: China ($73.3M), Vietnam ($7.41M), Malaysia ($6.64M), United States ($4.45M), and United Kingdom ($4.07M).

The fastest growing import markets in Sound Recording Equipment for Japan between 2021 and 2022 were China ($62.3M), Vietnam ($5.4M), and United States ($2.93M).

COMPANIES In 2023, leading companies such as Toyota (258) and Toshiba (2) were at the forefront of shipping Sound Recording Equipment from Japan to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Japan's Sound Recording Equipment exports accounted up to ¥312M and imports accounted up to ¥919M, resulting in a negative trade balance of ¥607M. Between September 2023 and September 2024 the exports of Japan's   Sound Recording Equipment have increased by ¥30.5M (10.8%) from ¥282M to ¥312M, while imports decreased by ¥-8.46M (-0.91%) from ¥928M to ¥919M.

Destinations In September 2024, Sound Recording Equipment were exported mostly to Germany (¥66.8M), United States (¥45.1M), Hong Kong (¥32.9M), Vietnam (¥29.2M), and Russia (¥27.4M), and were imported mostly from China (¥728M), South Korea (¥49.6M), Vietnam (¥45.7M), United States (¥35.5M), and Malaysia (¥12.1M).

Growth In September 2024, the increase in Sound Recording Equipment's year-by-year exports was explained primarily by an increase in exports to Hungary (¥3.78M or 1.26k%), United States (¥3.64M or 17.9%), and Singapore (¥3.4M or 179%). In September 2024, the decrease in Sound Recording Equipment's year-by-year imports was explained primarily by a decrease in imports from South Korea (¥-10.9M or -32.2%), Bulgaria (¥-4.5M or -53.5%), and France (¥-1.82M or -62.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥30.5M(10.8%)
IMPORT GROWTH (September 2023 - September 2024)¥-8.46M(-0.91%)
MAIN EXPORTER (September 2024)Tokyo¥142M
MAIN DESTINATION (September 2024)Germany¥66.8M

This section shows Sound Recording Equipment'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 Sound Recording Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$32.7M
IMPORTS (2022)$105M
NET TRADE (2022)-$72.5M

In 2022, Japan exported $32.7M in Sound Recording Equipment. The main destinations of Japan exports on Sound Recording Equipment were Hong Kong ($6.26M), United States ($3.82M), Russia ($3.06M), Germany ($3M), and China ($2.72M).

In 2022, Japan imported $105M in Sound Recording Equipment, mainly from China ($73.3M), Vietnam ($7.41M), Malaysia ($6.64M), United States ($4.45M), and United Kingdom ($4.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Hong Kong$3.96M (173%)
Germany$2.63M (707%)
United States$2.45M (179%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY Japan WERE (2021 - 2022):
India-$125k (-66.3%)
Israel-$114k (-69.5%)
Slovakia-$46.3k (-62.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Sound Recording Equipment were:
China $2.17B
Netherlands $332M
Vietnam $211M
In 2022, Japan's main importing competitors in Sound Recording Equipment were:
United States $1.01B
Germany $425M
Netherlands $324M

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Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.94M
TOP IMPORT POTENTIALChina+ $12.8M

Sound Recording Equipment’s highest export potential is United States. With an export gap of $2.94M.   Sound Recording Equipment’s highest import potential is China with an import gap of $12.8M.

See methodology.

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