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2022
Exports $11.9MWorld Rnk 26 / 127
Flag Rnk 749 / 1213
2022
Destination $1.68M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $1.68MBangladesh
2022
PRODUCT COMPLEXITY IN Vending Machines0.65Rnk 296 / 1025
2022
Imports $85.2MWorld Rnk 6 / 202
Flag Rnk 610 / 1214
2022
Origin $17M China
2021 - 2022
FASTEST GROWING ORIGIN $17MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $11.9M in Vending Machines, making it the 26th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 749th most exported product in Japan. The main destination of Vending Machines exports from Japan are: Hong Kong ($2.12M), Bangladesh ($1.68M), Chinese Taipei ($1.58M), Germany ($1.19M), and Thailand ($1.19M).

The fastest growing export markets for Vending Machines of Japan between 2021 and 2022 were Bangladesh ($1.68M), Thailand ($699k), and Germany ($665k).

Imports In 2022, Japan imported $85.2M in Vending Machines, becoming the 6th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 610th most imported product in Japan. Japan imports Vending Machines primarily from: China ($41.5M), Bangladesh ($8.92M), Indonesia ($6.99M), Hong Kong ($6.63M), and Vietnam ($6.42M).

The fastest growing import markets in Vending Machines for Japan between 2021 and 2022 were China ($17M), Hong Kong ($6.46M), and Vietnam ($3.71M).

Latest Trends

September 2024

About

Overview In September 2024 Japan's Vending Machines exports accounted up to ¥84.1M and imports accounted up to ¥1.14B, resulting in a negative trade balance of ¥1.06B. Between September 2023 and September 2024 the exports of Japan's   Vending Machines have decreased by ¥-23.4M (-21.8%) from ¥107M to ¥84.1M, while imports decreased by ¥-184M (-13.9%) from ¥1.33B to ¥1.14B.

Destinations In September 2024, Vending Machines were exported mostly to Chinese Taipei (¥33.9M), Hong Kong (¥16.4M), Malaysia (¥10.2M), Thailand (¥8.52M), and Singapore (¥4.97M), and were imported mostly from China (¥740M), Philippines (¥284M), Bangladesh (¥46.8M), Thailand (¥25.2M), and South Korea (¥24.9M).

Growth In September 2024, the decrease in Vending Machines's year-by-year exports was explained primarily by a decrease in exports to Germany (¥-15.4M or -53%), Hong Kong (¥-11M or -58.2%), and Bangladesh (¥-7.93M or -97.3%). In September 2024, the decrease in Vending Machines's year-by-year imports was explained primarily by a decrease in imports from Indonesia (¥-135M or -98.7%) and Chinese Taipei (¥-12.4M or -69.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥-23.4M(-21.8%)
IMPORT GROWTH (September 2023 - September 2024)¥-184M(-13.9%)
MAIN EXPORTER (September 2024)Tokyo¥91.6M
MAIN DESTINATION (September 2024)Chinese Taipei¥33.9M

This section shows Vending 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 Vending Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.9M
IMPORTS (2022)$85.2M
NET TRADE (2022)-$73.3M

In 2022, Japan exported $11.9M in Vending Machines. The main destinations of Japan exports on Vending Machines were Hong Kong ($2.12M), Bangladesh ($1.68M), Chinese Taipei ($1.58M), Germany ($1.19M), and Thailand ($1.19M).

In 2022, Japan imported $85.2M in Vending Machines, mainly from China ($41.5M), Bangladesh ($8.92M), Indonesia ($6.99M), Hong Kong ($6.63M), and Vietnam ($6.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Bangladesh$1.68M (75.5k%)
Thailand$699k (142%)
Germany$665k (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Japan WERE (2021 - 2022):
Chinese Taipei-$1.07M (-40.4%)
Indonesia-$988k (-88.9%)
China-$603k (-59.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Vending Machines were:
Italy $419M
China $384M
United States $89.1M
In 2022, Japan's main importing competitors in Vending Machines were:
United States $248M
France $149M
Germany $137M

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $741k
TOP IMPORT POTENTIALItaly+ $1.5M

Vending Machines’s highest export potential is United States. With an export gap of $741k.   Vending Machines’s highest import potential is Italy with an import gap of $1.5M.

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