2022
Exports
$534MWorld Rnk 3 / 161
Flag Rnk 190 / 1213
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.51Rnk 48 / 1025
2022
Imports
$100MWorld Rnk 9 / 210
Flag Rnk 562 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $534M in Metal Finishing Machines, making it the 3rd largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 190th most exported product in Japan. The main destination of Metal Finishing Machines exports from Japan are: China ($178M), United States ($63.4M), India ($53.8M), South Korea ($45.7M), and Thailand ($45.3M).

The fastest growing export markets for Metal Finishing Machines of Japan between 2021 and 2022 were India ($30.8M), Malaysia ($9.65M), and South Korea ($9.36M).

Imports In 2022, Japan imported $100M in Metal Finishing Machines, becoming the 9th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 562nd most imported product in Japan. Japan imports Metal Finishing Machines primarily from: Switzerland ($24.7M), Thailand ($15M), Chinese Taipei ($14.8M), Germany ($9.88M), and China ($9.03M).

The fastest growing import markets in Metal Finishing Machines for Japan between 2021 and 2022 were Switzerland ($5.42M), Germany ($4.97M), and Thailand ($4.49M).

COMPANIES In 2023, leading companies such as Kubota (23) were at the forefront of shipping Metal Finishing Machines from Japan to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-325M(-6.6%)
IMPORT GROWTH (June 2023 - June 2024)¥-165M(-11.6%)
MAIN EXPORTER (June 2024)Aichi¥3.12B
MAIN DESTINATION (June 2024)United States¥1.27B

This section shows Metal Finishing 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 Metal Finishing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$534M
IMPORTS (2022)$100M
NET TRADE (2022)$434M

In 2022, Japan exported $534M in Metal Finishing Machines. The main destinations of Japan exports on Metal Finishing Machines were China ($178M), United States ($63.4M), India ($53.8M), South Korea ($45.7M), and Thailand ($45.3M).

In 2022, Japan imported $100M in Metal Finishing Machines, mainly from Switzerland ($24.7M), Thailand ($15M), Chinese Taipei ($14.8M), Germany ($9.88M), and China ($9.03M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Japan WERE (2021 - 2022):
India$30.8M (134%)
Malaysia$9.65M (98%)
South Korea$9.36M (25.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Japan WERE (2021 - 2022):
China-$58.6M (-24.8%)
Indonesia-$11.6M (-63.6%)
Germany-$10.7M (-74.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Metal Finishing Machines were:
In 2022, Japan's main importing competitors in Metal Finishing Machines were:

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $5.69M
TOP IMPORT POTENTIALChina+ $4.64M

Metal Finishing Machines’s highest export potential is India. With an export gap of $5.69M.   Metal Finishing Machines’s highest import potential is China with an import gap of $4.64M.

See methodology.

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