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2022
Exports $2.57BWorld Rnk 8 / 167
Flag Rnk 65 / 1213
2022
Destination $245M United States
2021 - 2022
FASTEST GROWING MARKET $245MUnited States
2022
PRODUCT COMPLEXITY IN Tractors0.95Rnk 194 / 1025
2022
Imports $291MWorld Rnk 44 / 215
Flag Rnk 306 / 1214
2022
Origin $18.8M Germany
2021 - 2022
FASTEST GROWING ORIGIN $18.8MFrance
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $2.57B in Tractors, making it the 8th largest exporter of Tractors in the world. At the same year, Tractors was the 65th most exported product in Japan. The main destination of Tractors exports from Japan are: United States ($1.41B), Canada ($161M), Chinese Taipei ($112M), Thailand ($108M), and Australia ($80.2M).

The fastest growing export markets for Tractors of Japan between 2021 and 2022 were United States ($245M), Chinese Taipei ($50.5M), and Netherlands ($29.9M).

Imports In 2022, Japan imported $291M in Tractors, becoming the 44th largest importer of Tractors in the world. At the same year, Tractors was the 306th most imported product in Japan. Japan imports Tractors primarily from: Germany ($62.8M), France ($61.7M), Sweden ($46.5M), Netherlands ($31.5M), and United States ($28M).

The fastest growing import markets in Tractors for Japan between 2021 and 2022 were France ($18.8M), Netherlands ($15M), and Italy ($5.79M).

COMPANIES In 2023, leading companies such as Kubota (1.25k) and John Deere (1) were at the forefront of shipping Tractors from Japan to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Japan's Tractors exports accounted up to ¥17.8B and imports accounted up to ¥2.64B, resulting in a positive trade balance of ¥15.2B. Between July 2023 and July 2024 the exports of Japan's   Tractors have decreased by ¥-7.35B (-29.2%) from ¥25.2B to ¥17.8B, while imports decreased by ¥-225M (-7.85%) from ¥2.87B to ¥2.64B.

Destinations In July 2024, Tractors were exported mostly to United States (¥8.01B), Canada (¥1.14B), Chinese Taipei (¥1.12B), Thailand (¥946M), and France (¥690M), and were imported mostly from United Kingdom (¥711M), Italy (¥664M), France (¥491M), Austria (¥334M), and Germany (¥253M).

Growth In July 2024, the decrease in Tractors's year-by-year exports was explained primarily by a decrease in exports to United States (¥-3.15B or -36.4%), Canada (¥-976M or -82.6%), and Netherlands (¥-329M or -53%). In July 2024, the decrease in Tractors's year-by-year imports was explained primarily by a decrease in imports from Germany (¥-436M or -72.6%) and France (¥-32.8M or -5.85%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)¥-7.35B(-29.2%)
IMPORT GROWTH (July 2023 - July 2024)¥-225M(-7.85%)
MAIN EXPORTER (July 2024)Tokyo¥14.4B
MAIN DESTINATION (July 2024)United States¥8.01B

This section shows Tractors'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 Tractors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.57B
IMPORTS (2022)$291M
NET TRADE (2022)$2.28B

In 2022, Japan exported $2.57B in Tractors. The main destinations of Japan exports on Tractors were United States ($1.41B), Canada ($161M), Chinese Taipei ($112M), Thailand ($108M), and Australia ($80.2M).

In 2022, Japan imported $291M in Tractors, mainly from Germany ($62.8M), France ($61.7M), Sweden ($46.5M), Netherlands ($31.5M), and United States ($28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$245M (21.1%)
Chinese Taipei$50.5M (82.7%)
Netherlands$29.9M (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY Japan WERE (2021 - 2022):
France-$76.7M (-52%)
Germany-$49.5M (-66.3%)
Thailand-$28.8M (-21.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Tractors were:
Germany $11.1B
Netherlands $6.32B
United States $5.65B
In 2022, Japan's main importing competitors in Tractors were:
United States $8.01B
Canada $4.59B
France $4.06B

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Trade Value of Tractors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $40.1M
TOP IMPORT POTENTIALGermany+ $26.9M

Tractors’s highest export potential is France. With an export gap of $40.1M.   Tractors’s highest import potential is Germany with an import gap of $26.9M.

See methodology.

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