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2022
Exports $426MWorld Rnk 6 / 190
Flag Rnk 216 / 1213
2022
Destination $19.3M United States
2021 - 2022
FASTEST GROWING MARKET $19.3MMalaysia
2022
PRODUCT COMPLEXITY IN Batteries0.69Rnk 280 / 1025
2022
Imports $230MWorld Rnk 14 / 225
Flag Rnk 368 / 1214
2022
Origin $32.9M China
2021 - 2022
FASTEST GROWING ORIGIN $32.9MThailand
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $426M in Batteries, making it the 6th largest exporter of Batteries in the world. At the same year, Batteries was the 216th most exported product in Japan. The main destination of Batteries exports from Japan are: United States ($93.3M), China ($70.3M), Hong Kong ($44.9M), Germany ($39.1M), and Malaysia ($26.2M).

The fastest growing export markets for Batteries of Japan between 2021 and 2022 were Malaysia ($19.3M), Belgium ($3.41M), and India ($1.96M).

Imports In 2022, Japan imported $230M in Batteries, becoming the 14th largest importer of Batteries in the world. At the same year, Batteries was the 368th most imported product in Japan. Japan imports Batteries primarily from: China ($111M), Thailand ($46.7M), Indonesia ($32.8M), United States ($15.1M), and Germany ($8.79M).

The fastest growing import markets in Batteries for Japan between 2021 and 2022 were Thailand ($32.9M), China ($16.9M), and United States ($1.63M).

COMPANIES In 2023, leading companies such as Toyota (95), Toshiba (80), and Panasonic (61) were at the forefront of shipping Batteries from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Batteries exports accounted up to ¥4.53B and imports accounted up to ¥1.97B, resulting in a positive trade balance of ¥2.55B. Between June 2023 and June 2024 the exports of Japan's   Batteries have increased by ¥581M (14.7%) from ¥3.94B to ¥4.53B, while imports increased by ¥20.6M (1.06%) from ¥1.95B to ¥1.97B.

Destinations In June 2024, Batteries were exported mostly to United States (¥1.19B), China (¥968M), Hong Kong (¥471M), Chinese Taipei (¥303M), and Germany (¥292M), and were imported mostly from China (¥868M), Indonesia (¥360M), Thailand (¥359M), United States (¥182M), and Germany (¥94.9M).

Growth In June 2024, the increase in Batteries's year-by-year exports was explained primarily by an increase in exports to China (¥215M or 33.3%), Switzerland (¥40.7M or 404%), and Chinese Taipei (¥27.4M or 17.1%). In June 2024, the increase in Batteries's year-by-year imports was explained primarily by an increase in imports from China (¥302M or 24.9%), United States (¥197M or 125%), and Thailand (¥185M or 82.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥581M(14.7%)
IMPORT GROWTH (June 2023 - June 2024)¥20.6M(1.06%)
MAIN EXPORTER (June 2024)Hyōgo¥2.46B
MAIN DESTINATION (June 2024)United States¥1.19B

This section shows Batteries'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 Batteries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$426M
IMPORTS (2022)$230M
NET TRADE (2022)$197M

In 2022, Japan exported $426M in Batteries. The main destinations of Japan exports on Batteries were United States ($93.3M), China ($70.3M), Hong Kong ($44.9M), Germany ($39.1M), and Malaysia ($26.2M).

In 2022, Japan imported $230M in Batteries, mainly from China ($111M), Thailand ($46.7M), Indonesia ($32.8M), United States ($15.1M), and Germany ($8.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Batteries EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Malaysia$19.3M (279%)
Belgium$3.41M (451%)
India$1.96M (93.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Batteries BY Japan WERE (2021 - 2022):
China-$39.2M (-35.8%)
Hong Kong-$20.7M (-31.5%)
Germany-$9.91M (-20.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Batteries were:
China $2.92B
United States $821M
Singapore $739M
In 2022, Japan's main importing competitors in Batteries were:
United States $1.23B
Germany $705M
China $386M

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Trade Value of Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.38M
TOP IMPORT POTENTIALChina+ $24.2M

Batteries’s highest export potential is China. With an export gap of $7.38M.   Batteries’s highest import potential is China with an import gap of $24.2M.

See methodology.

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