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2022
Exports $70MWorld Rnk 3 / 128
Flag Rnk 497 / 1213
2022
Destination $5.76M United States
2021 - 2022
FASTEST GROWING MARKET $5.76MUnited States
2022
PRODUCT COMPLEXITY IN Book-binding Machines0.87Rnk 220 / 1025
2022
Imports $22MWorld Rnk 10 / 203
Flag Rnk 880 / 1214
2022
Origin $561k Thailand
2021 - 2022
FASTEST GROWING ORIGIN $561kSouth Korea
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $70M in Book-binding Machines, making it the 3rd largest exporter of Book-binding Machines in the world. At the same year, Book-binding Machines was the 497th most exported product in Japan. The main destination of Book-binding Machines exports from Japan are: United States ($17.3M), Netherlands ($8.62M), France ($4.7M), United Kingdom ($4.7M), and Germany ($4.33M).

The fastest growing export markets for Book-binding Machines of Japan between 2021 and 2022 were United States ($5.76M), Netherlands ($4.32M), and France ($2.12M).

Imports In 2022, Japan imported $22M in Book-binding Machines, becoming the 10th largest importer of Book-binding Machines in the world. At the same year, Book-binding Machines was the 880th most imported product in Japan. Japan imports Book-binding Machines primarily from: Thailand ($6.08M), Germany ($5.47M), Switzerland ($4.43M), China ($1.8M), and South Korea ($893k).

The fastest growing import markets in Book-binding Machines for Japan between 2021 and 2022 were South Korea ($561k), Thailand ($539k), and Canada ($518k).

COMPANIES In 2023, leading companies such as Xerox (8) were at the forefront of shipping Book-binding Machines from Japan to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Japan's Book-binding Machines exports accounted up to ¥681M and imports accounted up to ¥120M, resulting in a positive trade balance of ¥561M. Between June 2023 and June 2024 the exports of Japan's   Book-binding Machines have decreased by ¥-221M (-24.4%) from ¥902M to ¥681M, while imports decreased by ¥-95.2M (-44.2%) from ¥215M to ¥120M.

Destinations In June 2024, Book-binding Machines were exported mostly to United States (¥189M), United Kingdom (¥182M), South Korea (¥47M), India (¥33.2M), and China (¥31.9M), and were imported mostly from Germany (¥62.3M), Switzerland (¥41.2M), Portugal (¥5.69M), China (¥2.44M), and South Korea (¥2.44M).

Growth In June 2024, the decrease in Book-binding Machines's year-by-year exports was explained primarily by a decrease in exports to Netherlands (¥-100M or -76.5%), Germany (¥-42.8M or -53.7%), and Italy (¥-38.6M or -66.3%). In June 2024, the decrease in Book-binding Machines's year-by-year imports was explained primarily by a decrease in imports from Germany (¥-344M or -98.6%), Switzerland (¥-7.22M or -63.3%), and United States (¥-5.45M or -74.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-221M(-24.4%)
IMPORT GROWTH (June 2023 - June 2024)¥-95.2M(-44.2%)
MAIN EXPORTER (June 2024)Kanagawa¥747M
MAIN DESTINATION (June 2024)United States¥189M

This section shows Book-binding 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 Book-binding Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$70M
IMPORTS (2022)$22M
NET TRADE (2022)$48M

In 2022, Japan exported $70M in Book-binding Machines. The main destinations of Japan exports on Book-binding Machines were United States ($17.3M), Netherlands ($8.62M), France ($4.7M), United Kingdom ($4.7M), and Germany ($4.33M).

In 2022, Japan imported $22M in Book-binding Machines, mainly from Thailand ($6.08M), Germany ($5.47M), Switzerland ($4.43M), China ($1.8M), and South Korea ($893k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Book-binding Machines EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$5.76M (50%)
Netherlands$4.32M (101%)
France$2.12M (82.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Book-binding Machines BY Japan WERE (2021 - 2022):
China-$5.92M (-60.3%)
Finland-$1.96M (-98%)
Canada-$1.59M (-57.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Book-binding Machines were:
Germany $210M
Switzerland $98.9M
In 2022, Japan's main importing competitors in Book-binding Machines were:
United States $203M
Germany $63M
Netherlands $54.4M

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Trade Value of Book-binding Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.84M
TOP IMPORT POTENTIALChina+ $1.13M

Book-binding Machines’s highest export potential is China. With an export gap of $1.84M.   Book-binding Machines’s highest import potential is China with an import gap of $1.13M.

See methodology.

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