2022
Exports
$188MWorld Rnk 8 / 174
Flag Rnk 334 / 1213
2022
PRODUCT COMPLEXITY IN Woodworking machines
1.28Rnk 96 / 1025
2022
Imports
$88.6MWorld Rnk 26 / 218
Flag Rnk 602 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $188M in Woodworking machines, making it the 8th largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 334th most exported product in Japan. The main destination of Woodworking machines exports from Japan are: China ($42.6M), Chinese Taipei ($37.9M), Malaysia ($20.4M), United States ($15M), and Vietnam ($13.4M).

The fastest growing export markets for Woodworking machines of Japan between 2021 and 2022 were Malaysia ($19M), Chinese Taipei ($9.28M), and Indonesia ($8.05M).

Imports In 2022, Japan imported $88.6M in Woodworking machines, becoming the 26th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 602nd most imported product in Japan. Japan imports Woodworking machines primarily from: China ($24.3M), Germany ($21.1M), Chinese Taipei ($12.3M), Italy ($6.38M), and Austria ($4.37M).

The fastest growing import markets in Woodworking machines for Japan between 2021 and 2022 were Germany ($4.72M), Czechia ($3.05M), and Canada ($919k).

COMPANIES In 2023, leading companies such as Toyota (20) and ZF Friedrichshafen (1) were at the forefront of shipping Woodworking machines from Japan to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)¥-1.11B(-55.2%)
IMPORT GROWTH (September 2023 - September 2024)¥-520M(-33.5%)
MAIN EXPORTER (September 2024)Aichi¥2.45B
MAIN DESTINATION (September 2024)United States¥327M

This section shows Woodworking 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 Woodworking machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$188M
IMPORTS (2022)$88.6M
NET TRADE (2022)$99.6M

In 2022, Japan exported $188M in Woodworking machines. The main destinations of Japan exports on Woodworking machines were China ($42.6M), Chinese Taipei ($37.9M), Malaysia ($20.4M), United States ($15M), and Vietnam ($13.4M).

In 2022, Japan imported $88.6M in Woodworking machines, mainly from China ($24.3M), Germany ($21.1M), Chinese Taipei ($12.3M), Italy ($6.38M), and Austria ($4.37M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Malaysia$19M (1.41k%)
Chinese Taipei$9.28M (32.4%)
Indonesia$8.05M (431%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Japan WERE (2021 - 2022):
Russia-$14.5M (-65.6%)
Philippines-$4.85M (-40.5%)
Belarus-$3.43M (-89%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Woodworking machines were:
China $2.66B
Germany $1.99B
Italy $1.23B
In 2022, Japan's main importing competitors in Woodworking machines were:

Explore Visualizations

Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.69M
TOP IMPORT POTENTIALChina+ $13.7M

Woodworking machines’s highest export potential is United States. With an export gap of $7.69M.   Woodworking machines’s highest import potential is China with an import gap of $13.7M.

See methodology.

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