2022
Exports
$2.09BWorld Rnk 5 / 209
Flag Rnk 73 / 1213
2022
PRODUCT COMPLEXITY IN Other Heating Machinery
1.15Rnk 116 / 1025
2022
Imports
$1.15BWorld Rnk 9 / 225
Flag Rnk 130 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $2.09B in Other Heating Machinery, making it the 5th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 73rd most exported product in Japan. The main destination of Other Heating Machinery exports from Japan are: United States ($686M), China ($351M), Chinese Taipei ($127M), Mexico ($108M), and South Korea ($107M).

The fastest growing export markets for Other Heating Machinery of Japan between 2021 and 2022 were United States ($177M), Germany ($17.3M), and Ireland ($17.3M).

Imports In 2022, Japan imported $1.15B in Other Heating Machinery, becoming the 9th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 130th most imported product in Japan. Japan imports Other Heating Machinery primarily from: China ($417M), Germany ($122M), South Korea ($120M), United States ($113M), and Thailand ($44.8M).

The fastest growing import markets in Other Heating Machinery for Japan between 2021 and 2022 were United Arab Emirates ($26.7M), South Korea ($26.1M), and China ($22.1M).

COMPANIES In 2023, leading companies such as Nissan (5), Toshiba (3), and John Deere (2) were at the forefront of shipping Other Heating Machinery from Japan to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥496M(2.2%)
IMPORT GROWTH (June 2023 - June 2024)¥-3.09B(-17.9%)
MAIN EXPORTER (June 2024)Aichi¥6.22B
MAIN DESTINATION (June 2024)United States¥6.1B

This section shows Other Heating Machinery'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 Heating Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.09B
IMPORTS (2022)$1.15B
NET TRADE (2022)$946M

In 2022, Japan exported $2.09B in Other Heating Machinery. The main destinations of Japan exports on Other Heating Machinery were United States ($686M), China ($351M), Chinese Taipei ($127M), Mexico ($108M), and South Korea ($107M).

In 2022, Japan imported $1.15B in Other Heating Machinery, mainly from China ($417M), Germany ($122M), South Korea ($120M), United States ($113M), and Thailand ($44.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$177M (34.8%)
Germany$17.3M (60.8%)
Ireland$17.3M (663%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY Japan WERE (2021 - 2022):
China-$23.7M (-6.33%)
Mexico-$15M (-12.2%)
Russia-$14.1M (-91.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Other Heating Machinery were:
In 2022, Japan's main importing competitors in Other Heating Machinery were:

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Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $87.1M
TOP IMPORT POTENTIALChina+ $100M

Other Heating Machinery’s highest export potential is China. With an export gap of $87.1M.   Other Heating Machinery’s highest import potential is China with an import gap of $100M.

See methodology.

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