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2022
Exports $880MWorld Rnk 2 / 142
Flag Rnk 136 / 1213
2022
Destination $12.9M China
2021 - 2022
FASTEST GROWING MARKET $12.9MUnited States
2022
PRODUCT COMPLEXITY IN Tool Plates1.66Rnk 31 / 1025
2022
Imports $179MWorld Rnk 7 / 188
Flag Rnk 419 / 1214
2022
Origin $4.55M China
2021 - 2022
FASTEST GROWING ORIGIN $4.55MThailand
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $880M in Tool Plates, making it the 2nd largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 136th most exported product in Japan. The main destination of Tool Plates exports from Japan are: China ($243M), United States ($137M), Thailand ($74.8M), Germany ($64.9M), and Netherlands ($56.9M).

The fastest growing export markets for Tool Plates of Japan between 2021 and 2022 were United States ($12.9M), India ($6.63M), and Belgium ($4.74M).

Imports In 2022, Japan imported $179M in Tool Plates, becoming the 7th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 419th most imported product in Japan. Japan imports Tool Plates primarily from: China ($55.5M), Israel ($39.4M), South Korea ($22.8M), Germany ($18.1M), and Singapore ($8.62M).

The fastest growing import markets in Tool Plates for Japan between 2021 and 2022 were Thailand ($4.55M), Germany ($3.1M), and Spain ($881k).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Tool Plates exports accounted up to ¥9.75B and imports accounted up to ¥1.8B, resulting in a positive trade balance of ¥7.95B. Between June 2023 and June 2024 the exports of Japan's   Tool Plates have increased by ¥936M (10.6%) from ¥8.81B to ¥9.75B, while imports decreased by ¥-302M (-14.4%) from ¥2.1B to ¥1.8B.

Destinations In June 2024, Tool Plates were exported mostly to China (¥2.44B), United States (¥1.39B), Thailand (¥783M), India (¥763M), and Germany (¥751M), and were imported mostly from Israel (¥451M), China (¥239M), Thailand (¥210M), Sweden (¥194M), and Germany (¥151M).

Growth In June 2024, the increase in Tool Plates's year-by-year exports was explained primarily by an increase in exports to United States (¥259M or 27.6%), Germany (¥246M or 62.6%), and Belgium (¥92.8M or 42.9%). In June 2024, the decrease in Tool Plates's year-by-year imports was explained primarily by a decrease in imports from China (¥-281M or -50.1%), Sweden (¥-57.5M or -27.8%), and India (¥-22.5M or -24.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥936M(10.6%)
IMPORT GROWTH (June 2023 - June 2024)¥-302M(-14.4%)
MAIN EXPORTER (June 2024)Chiba¥6.68B
MAIN DESTINATION (June 2024)China¥2.44B

This section shows Tool Plates'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 Tool Plates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$880M
IMPORTS (2022)$179M
NET TRADE (2022)$701M

In 2022, Japan exported $880M in Tool Plates. The main destinations of Japan exports on Tool Plates were China ($243M), United States ($137M), Thailand ($74.8M), Germany ($64.9M), and Netherlands ($56.9M).

In 2022, Japan imported $179M in Tool Plates, mainly from China ($55.5M), Israel ($39.4M), South Korea ($22.8M), Germany ($18.1M), and Singapore ($8.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$12.9M (10.4%)
India$6.63M (15.1%)
Belgium$4.74M (20.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Japan WERE (2021 - 2022):
China-$45.7M (-15.8%)
Netherlands-$12.7M (-18.3%)
Germany-$10.3M (-13.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Tool Plates were:
Germany $1.21B
China $698M
In 2022, Japan's main importing competitors in Tool Plates were:
United States $879M
Netherlands $780M
Germany $615M

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Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $17.3M
TOP IMPORT POTENTIALChina+ $6.1M

Tool Plates’s highest export potential is China. With an export gap of $17.3M.   Tool Plates’s highest import potential is China with an import gap of $6.1M.

See methodology.

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