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2022
Exports $175MWorld Rnk 23 / 194
Flag Rnk 346 / 1213
2022
Destination $12.1M United States
2021 - 2022
FASTEST GROWING MARKET $12.1MUnited States
2022
PRODUCT COMPLEXITY IN Stone Processing Machines0.41Rnk 405 / 1025
2022
Imports $161MWorld Rnk 36 / 223
Flag Rnk 446 / 1214
2022
Origin $4.22M China
2021 - 2022
FASTEST GROWING ORIGIN $4.22MChinese Taipei
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $175M in Stone Processing Machines, making it the 23rd largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 346th most exported product in Japan. The main destination of Stone Processing Machines exports from Japan are: United States ($35.2M), China ($28.8M), Thailand ($11.6M), Indonesia ($9.17M), and Vietnam ($8.31M).

The fastest growing export markets for Stone Processing Machines of Japan between 2021 and 2022 were United States ($12.1M), Mexico ($3.41M), and Canada ($3.1M).

Imports In 2022, Japan imported $161M in Stone Processing Machines, becoming the 36th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 446th most imported product in Japan. Japan imports Stone Processing Machines primarily from: China ($68.9M), Germany ($23.8M), United Kingdom ($12.3M), South Korea ($8.86M), and United States ($7M).

The fastest growing import markets in Stone Processing Machines for Japan between 2021 and 2022 were Chinese Taipei ($4.22M), Indonesia ($1.68M), and Poland ($1.61M).

COMPANIES In 2023, leading companies such as John Deere (85), Storck (14), and Xerox (4) were at the forefront of shipping Stone Processing Machines from Japan to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Japan's Stone Processing Machines exports accounted up to ¥1.25B and imports accounted up to ¥1.31B, resulting in a negative trade balance of ¥58.2M. Between October 2023 and October 2024 the exports of Japan's   Stone Processing Machines have decreased by ¥-857M (-40.6%) from ¥2.11B to ¥1.25B, while imports decreased by ¥-306M (-18.9%) from ¥1.62B to ¥1.31B.

Destinations In October 2024, Stone Processing Machines were exported mostly to Thailand (¥393M), Chinese Taipei (¥132M), China (¥111M), Canada (¥98.9M), and Philippines (¥66.4M), and were imported mostly from China (¥452M), United Kingdom (¥205M), Germany (¥179M), Chinese Taipei (¥125M), and South Korea (¥93.1M).

Growth In October 2024, the decrease in Stone Processing Machines's year-by-year exports was explained primarily by a decrease in exports to Canada (¥-471M or -99.8%), South Korea (¥-142M or -87.2%), and Mexico (¥-138M or -96.4%). In October 2024, the decrease in Stone Processing Machines's year-by-year imports was explained primarily by a decrease in imports from Turkey (¥-57M or -95.7%), France (¥-44.7M or -90.7%), and Finland (¥-35.6M or -91.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)¥-857M(-40.6%)
IMPORT GROWTH (October 2023 - October 2024)¥-306M(-18.9%)
MAIN EXPORTER (October 2024)Hyōgo¥2.4B
MAIN DESTINATION (October 2024)Thailand¥393M

This section shows Stone Processing Machines'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 Stone Processing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$175M
IMPORTS (2022)$161M
NET TRADE (2022)$14.3M

In 2022, Japan exported $175M in Stone Processing Machines. The main destinations of Japan exports on Stone Processing Machines were United States ($35.2M), China ($28.8M), Thailand ($11.6M), Indonesia ($9.17M), and Vietnam ($8.31M).

In 2022, Japan imported $161M in Stone Processing Machines, mainly from China ($68.9M), Germany ($23.8M), United Kingdom ($12.3M), South Korea ($8.86M), and United States ($7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$12.1M (52.7%)
Mexico$3.41M (137%)
Canada$3.1M (184%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Japan WERE (2021 - 2022):
Vietnam-$19M (-69.6%)
Netherlands-$7.05M (-87%)
Chinese Taipei-$4.78M (-43.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Japan's main importing competitors in Stone Processing Machines were:
United States $2.34B
Germany $840M
Canada $831M

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.1M
TOP IMPORT POTENTIALChina+ $28.6M

Stone Processing Machines’s highest export potential is United States. With an export gap of $12.1M.   Stone Processing Machines’s highest import potential is China with an import gap of $28.6M.

See methodology.

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