2023
Exports
$874MWorld Rnk 2 / 144
Flag Rnk 132 / 1209
2023
PRODUCT COMPLEXITY IN Tool Plates
1.73Rnk 20 / 1025
2023
Imports
$183MWorld Rnk 8 / 191
Flag Rnk 393 / 1209
2023
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $874M in Tool Plates, making it the 2nd largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 132nd most exported product in Japan. The main destination of Tool Plates exports from Japan are: United States ($178M), China ($111M), Germany ($92.7M), Thailand ($67.7M), and India ($52.7M).

The fastest growing export markets for Tool Plates of Japan between 2022 and 2023 were Mexico ($7.14M), Vietnam ($6.86M), and Germany ($5.08M).

Imports In 2023, Japan imported $183M in Tool Plates, becoming the 8th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 393rd most imported product in Japan. Japan imports Tool Plates primarily from: China ($50.5M), Israel ($42.5M), Germany ($16.4M), Sweden ($16M), and South Korea ($13.9M).

The fastest growing import markets in Tool Plates for Japan between 2022 and 2023 were China ($11.3M), India ($563k), and United States ($228k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥383M(4.17%)
IMPORT GROWTH (November 2023 - November 2024)¥411M(22.4%)
MAIN EXPORTER (November 2024)Chiba¥6.68B
MAIN DESTINATION (November 2024)China¥2.54B

This section shows Tool Plates'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 Tool Plates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$874M
IMPORTS (2023)$183M
NET TRADE (2023)$691M

In 2023, Japan exported $874M in Tool Plates. The main destinations of Japan exports on Tool Plates were United States ($178M), China ($111M), Germany ($92.7M), Thailand ($67.7M), and India ($52.7M).

In 2023, Japan imported $183M in Tool Plates, mainly from China ($50.5M), Israel ($42.5M), Germany ($16.4M), Sweden ($16M), and South Korea ($13.9M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Japan WERE (2022 - 2023):
Mexico$7.14M (20.8%)
Vietnam$6.86M (98.1%)
Germany$5.08M (5.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Japan WERE (2022 - 2023):
China-$40.2M (-26.5%)
South Korea-$12.8M (-32.7%)
Chinese Taipei-$12.4M (-36.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Tool Plates were:
Germany $1.01B
China $695M
In 2023, Japan's main importing competitors in Tool Plates were:

Explore Visualizations

Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $17.3M
TOP IMPORT POTENTIALChina+ $6.1M

Tool Plates’s highest export potential is China. With an export gap of $17.3M.   Tool Plates’s highest import potential is China with an import gap of $6.1M.

See methodology.

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