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2022
Exports $691MWorld Rnk 3 / 108
Flag Rnk 158 / 1213
2022
Destination $5.09M Malaysia
2021 - 2022
FASTEST GROWING MARKET $5.09MSouth Korea
2022
PRODUCT COMPLEXITY IN Glass Working Machines1.35Rnk 82 / 1025
2022
Imports $159MWorld Rnk 11 / 182
Flag Rnk 453 / 1214
2022
Origin $13.1M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $13.1MSouth Korea
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $691M in Glass Working Machines, making it the 3rd largest exporter of Glass Working Machines in the world. At the same year, Glass Working Machines was the 158th most exported product in Japan. The main destination of Glass Working Machines exports from Japan are: Malaysia ($387M), Chinese Taipei ($169M), China ($46.7M), United Kingdom ($25.2M), and Bahrain ($20.7M).

The fastest growing export markets for Glass Working Machines of Japan between 2021 and 2022 were South Korea ($5.09M), Bahrain ($3.92M), and Egypt ($3.08M).

Imports In 2022, Japan imported $159M in Glass Working Machines, becoming the 11th largest importer of Glass Working Machines in the world. At the same year, Glass Working Machines was the 453rd most imported product in Japan. Japan imports Glass Working Machines primarily from: Chinese Taipei ($63.6M), Germany ($23.1M), South Korea ($16.5M), United States ($14M), and Malaysia ($10.3M).

The fastest growing import markets in Glass Working Machines for Japan between 2021 and 2022 were South Korea ($13.1M), Malaysia ($8.2M), and India ($3.79M).

COMPANIES In 2023, leading companies such as Yokohama Industries (1) were at the forefront of shipping Glass Working Machines from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Glass Working Machines exports accounted up to ¥7.14B and imports accounted up to ¥59M, resulting in a positive trade balance of ¥7.08B. Between June 2023 and June 2024 the exports of Japan's   Glass Working Machines have increased by ¥297M (4.34%) from ¥6.84B to ¥7.14B, while imports decreased by ¥-284M (-82.8%) from ¥343M to ¥59M.

Destinations In June 2024, Glass Working Machines were exported mostly to Malaysia (¥3.45B), Chinese Taipei (¥1.89B), Bahrain (¥945M), Belgium (¥393M), and United Kingdom (¥342M), and were imported mostly from France (¥11.7M), Sweden (¥8.8M), United States (¥7.82M), Italy (¥6.15M), and Malaysia (¥5.35M).

Growth In June 2024, the increase in Glass Working Machines's year-by-year exports was explained primarily by an increase in exports to United Kingdom (¥292M or 125%), Thailand (¥15.2M or 217%), and Philippines (¥3.46M or 1.57k%). In June 2024, the decrease in Glass Working Machines's year-by-year imports was explained primarily by a decrease in imports from South Korea (¥-122M or -97.9%), Thailand (¥-38.3M or -37.5%), and United States (¥-8.28M or -28.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥297M(4.34%)
IMPORT GROWTH (June 2023 - June 2024)¥-284M(-82.8%)
MAIN EXPORTER (June 2024)Chiba¥4.12B
MAIN DESTINATION (June 2024)Malaysia¥3.45B

This section shows Glass Working 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 Glass Working Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$691M
IMPORTS (2022)$159M
NET TRADE (2022)$533M

In 2022, Japan exported $691M in Glass Working Machines. The main destinations of Japan exports on Glass Working Machines were Malaysia ($387M), Chinese Taipei ($169M), China ($46.7M), United Kingdom ($25.2M), and Bahrain ($20.7M).

In 2022, Japan imported $159M in Glass Working Machines, mainly from Chinese Taipei ($63.6M), Germany ($23.1M), South Korea ($16.5M), United States ($14M), and Malaysia ($10.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Working Machines EXPORT MARKETS FOR Japan WERE (2021 - 2022):
South Korea$5.09M (83.1%)
Bahrain$3.92M (23.4%)
Egypt$3.08M (2.04k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Working Machines BY Japan WERE (2021 - 2022):
China-$89.4M (-65.7%)
Singapore-$54M (-84.6%)
Chinese Taipei-$27.5M (-14%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Glass Working Machines were:
Singapore $1.21B
Germany $879M
In 2022, Japan's main importing competitors in Glass Working Machines were:
United States $788M
Belgium $687M
Chinese Taipei $567M

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Trade Value of Glass Working Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.04M
TOP IMPORT POTENTIALChina+ $3.81M

Glass Working Machines’s highest export potential is China. With an export gap of $5.04M.   Glass Working Machines’s highest import potential is China with an import gap of $3.81M.

See methodology.

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