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2023
Exports $4.91BWorld Rnk 5 / 223
Flag Rnk 32 / 1209
2023
Destination $31.4M China
2022 - 2023
FASTEST GROWING MARKET $31.4MIndia
2023
PRODUCT COMPLEXITY IN Valves1.34Rnk 71 / 1025
2023
Imports $2.55BWorld Rnk 10 / 226
Flag Rnk 47 / 1209
2023
Origin $27.6M China
2022 - 2023
FASTEST GROWING ORIGIN $27.6MUnited States
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $4.91B in Valves, making it the 5th largest exporter of Valves in the world. At the same year, Valves was the 32nd most exported product in Japan. The main destination of Valves exports from Japan are: China ($1.43B), United States ($933M), South Korea ($404M), Thailand ($261M), and Chinese Taipei ($189M).

The fastest growing export markets for Valves of Japan between 2022 and 2023 were India ($31.4M), Czechia ($24.6M), and Mexico ($16.7M).

Imports In 2023, Japan imported $2.55B in Valves, becoming the 10th largest importer of Valves in the world. At the same year, Valves was the 47th most imported product in Japan. Japan imports Valves primarily from: China ($782M), United States ($445M), Vietnam ($289M), Germany ($153M), and Chinese Taipei ($147M).

The fastest growing import markets in Valves for Japan between 2022 and 2023 were United States ($27.6M), Malaysia ($21.9M), and Switzerland ($18.7M).

COMPANIES In 2023, leading companies such as CONTINENTAL AUTOMOTIVE SYSTEMS, INC (60), Danfoss (50), and Mahle Behr (18) were at the forefront of shipping Valves from Japan to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Japan's Valves exports accounted up to ¥52.7B and imports accounted up to ¥31.7B, resulting in a positive trade balance of ¥21B. Between November 2023 and November 2024 the exports of Japan's   Valves have increased by ¥3.43B (6.97%) from ¥49.3B to ¥52.7B, while imports decreased by ¥-178M (-0.56%) from ¥31.9B to ¥31.7B.

Destinations In November 2024, Valves were exported mostly to China (¥16B), United States (¥9.07B), South Korea (¥5.64B), Thailand (¥3.27B), and Chinese Taipei (¥2.46B), and were imported mostly from China (¥9.56B), United States (¥7.3B), Vietnam (¥2.98B), Germany (¥1.96B), and South Korea (¥1.61B).

Growth In November 2024, the increase in Valves's year-by-year exports was explained primarily by an increase in exports to United States (¥1.21B or 17.6%), Belgium (¥658M or 82.1%), and Saudi Arabia (¥286M or 246%). In November 2024, the decrease in Valves's year-by-year imports was explained primarily by a decrease in imports from Switzerland (¥-191M or -14.3%), Israel (¥-92.8M or -59.5%), and South Korea (¥-39.9M or -2.83%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥3.43B(6.97%)
IMPORT GROWTH (November 2023 - November 2024)¥-178M(-0.56%)
MAIN EXPORTER (November 2024)Aichi¥11.9B
MAIN DESTINATION (November 2024)China¥16B

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.91B
IMPORTS (2023)$2.55B
NET TRADE (2023)$2.36B

In 2023, Japan exported $4.91B in Valves. The main destinations of Japan exports on Valves were China ($1.43B), United States ($933M), South Korea ($404M), Thailand ($261M), and Chinese Taipei ($189M).

In 2023, Japan imported $2.55B in Valves, mainly from China ($782M), United States ($445M), Vietnam ($289M), Germany ($153M), and Chinese Taipei ($147M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Japan WERE (2022 - 2023):
India$31.4M (28.4%)
Czechia$24.6M (43.9%)
Mexico$16.7M (11.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Japan WERE (2022 - 2023):
China-$338M (-19.1%)
South Korea-$116M (-22.3%)
United States-$100M (-9.69%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Valves were:
China $20.5B
Germany $14.7B
United States $13.6B
In 2023, Japan's main importing competitors in Valves were:
United States $16.7B
China $8B
Germany $7.83B

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $153M
TOP IMPORT POTENTIALChina+ $267M

Valves’s highest export potential is United States. With an export gap of $153M.   Valves’s highest import potential is China with an import gap of $267M.

See methodology.

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