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2022
Exports $107MWorld Rnk 14 / 218
Flag Rnk 425 / 1213
2022
Destination $970k United States
2021 - 2022
FASTEST GROWING MARKET $970kIndonesia
2022
PRODUCT COMPLEXITY IN Other Hand Tools1.51Rnk 50 / 1025
2022
Imports $219MWorld Rnk 9 / 224
Flag Rnk 382 / 1214
2022
Origin $2.1M China
2021 - 2022
FASTEST GROWING ORIGIN $2.1MThailand
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $107M in Other Hand Tools, making it the 14th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 425th most exported product in Japan. The main destination of Other Hand Tools exports from Japan are: United States ($25.4M), South Korea ($10.6M), China ($8.01M), Thailand ($7.65M), and Germany ($5.69M).

The fastest growing export markets for Other Hand Tools of Japan between 2021 and 2022 were Indonesia ($970k), Malaysia ($711k), and United States ($669k).

Imports In 2022, Japan imported $219M in Other Hand Tools, becoming the 9th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 382nd most imported product in Japan. Japan imports Other Hand Tools primarily from: China ($91.5M), Chinese Taipei ($72M), United States ($14.4M), Germany ($8.69M), and Thailand ($6.78M).

The fastest growing import markets in Other Hand Tools for Japan between 2021 and 2022 were Thailand ($2.1M), China ($1.88M), and Germany ($893k).

COMPANIES In 2023, leading companies such as Stanley Black & Decker (3) and Robert Bosch (2) were at the forefront of shipping Other Hand Tools from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Other Hand Tools exports accounted up to ¥905M and imports accounted up to ¥2.57B, resulting in a negative trade balance of ¥1.66B. Between June 2023 and June 2024 the exports of Japan's   Other Hand Tools have increased by ¥14.2M (1.6%) from ¥891M to ¥905M, while imports increased by ¥891M (53.2%) from ¥1.68B to ¥2.57B.

Destinations In June 2024, Other Hand Tools were exported mostly to United States (¥254M), South Korea (¥116M), China (¥75.8M), Chinese Taipei (¥45.6M), and Thailand (¥37.3M), and were imported mostly from China (¥920M), United States (¥816M), Chinese Taipei (¥398M), Germany (¥93.8M), and Vietnam (¥66.3M).

Growth In June 2024, the increase in Other Hand Tools's year-by-year exports was explained primarily by an increase in exports to Mexico (¥147M or 1.25k%), United States (¥98.4M or 61.2%), and South Korea (¥17.2M or 21.5%). In June 2024, the increase in Other Hand Tools's year-by-year imports was explained primarily by an increase in imports from United States (¥85.2M or 70%), Chinese Taipei (¥41.6M or 10.8%), and South Korea (¥16.3M or 102%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥14.2M(1.6%)
IMPORT GROWTH (June 2023 - June 2024)¥891M(53.2%)
MAIN EXPORTER (June 2024)Hyōgo¥271M
MAIN DESTINATION (June 2024)United States¥254M

This section shows Other Hand Tools'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 Other Hand Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$107M
IMPORTS (2022)$219M
NET TRADE (2022)-$112M

In 2022, Japan exported $107M in Other Hand Tools. The main destinations of Japan exports on Other Hand Tools were United States ($25.4M), South Korea ($10.6M), China ($8.01M), Thailand ($7.65M), and Germany ($5.69M).

In 2022, Japan imported $219M in Other Hand Tools, mainly from China ($91.5M), Chinese Taipei ($72M), United States ($14.4M), Germany ($8.69M), and Thailand ($6.78M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Indonesia$970k (37.1%)
Malaysia$711k (43.7%)
United States$669k (2.71%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Japan WERE (2021 - 2022):
South Korea-$4.05M (-27.6%)
China-$1.29M (-13.9%)
Thailand-$1.1M (-12.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Other Hand Tools were:
China $4.12B
Chinese Taipei $1.14B
Germany $798M
In 2022, Japan's main importing competitors in Other Hand Tools were:
United States $1.86B
Germany $743M
France $392M

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.2M
TOP IMPORT POTENTIALChina+ $22M

Other Hand Tools’s highest export potential is United States. With an export gap of $6.2M.   Other Hand Tools’s highest import potential is China with an import gap of $22M.

See methodology.

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