2022
Exports
$5.37BWorld Rnk 5 / 224
Flag Rnk 25 / 1213
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$2.46BWorld Rnk 10 / 224
Flag Rnk 56 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $5.37B in Valves, making it the 5th largest exporter of Valves in the world. At the same year, Valves was the 25th most exported product in Japan. The main destination of Valves exports from Japan are: China ($1.62B), United States ($1.11B), South Korea ($517M), Thailand ($297M), and Chinese Taipei ($228M).

The fastest growing export markets for Valves of Japan between 2021 and 2022 were United States ($42.7M), Indonesia ($23.9M), and Saudi Arabia ($6.39M).

Imports In 2022, Japan imported $2.46B in Valves, becoming the 10th largest importer of Valves in the world. At the same year, Valves was the 56th most imported product in Japan. Japan imports Valves primarily from: China ($853M), United States ($369M), Vietnam ($241M), Germany ($174M), and South Korea ($131M).

The fastest growing import markets in Valves for Japan between 2021 and 2022 were Vietnam ($61.4M), United States ($49.8M), and China ($40.3M).

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

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥-4.35B(-8.11%)
IMPORT GROWTH (September 2023 - September 2024)¥364M(1.25%)
MAIN EXPORTER (September 2024)Aichi¥11.9B
MAIN DESTINATION (September 2024)China¥12.4B

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 (2022)$5.37B
IMPORTS (2022)$2.46B
NET TRADE (2022)$2.9B

In 2022, Japan exported $5.37B in Valves. The main destinations of Japan exports on Valves were China ($1.62B), United States ($1.11B), South Korea ($517M), Thailand ($297M), and Chinese Taipei ($228M).

In 2022, Japan imported $2.46B in Valves, mainly from China ($853M), United States ($369M), Vietnam ($241M), Germany ($174M), and South Korea ($131M).

Explore Visualizations

Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$42.7M (4%)
Indonesia$23.9M (23%)
Saudi Arabia$6.39M (34.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Japan WERE (2021 - 2022):
China-$253M (-13.5%)
South Korea-$20.6M (-3.84%)
Mexico-$19M (-15.5%)

Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Valves were:
In 2022, Japan's main importing competitors in Valves were:

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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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