2022
Exports
$9.89MWorld Rnk 18 / 184
Flag Rnk 772 / 1213
2022
PRODUCT COMPLEXITY IN Tool Sets
0.9Rnk 208 / 1025
2022
Imports
$25.6MWorld Rnk 18 / 218
Flag Rnk 858 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $9.89M in Tool Sets, making it the 18th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 772nd most exported product in Japan. The main destination of Tool Sets exports from Japan are: Poland ($4.8M), China ($806k), Thailand ($496k), South Korea ($454k), and Indonesia ($428k).

The fastest growing export markets for Tool Sets of Japan between 2021 and 2022 were Poland ($429k), Indonesia ($246k), and Vietnam ($190k).

Imports In 2022, Japan imported $25.6M in Tool Sets, becoming the 18th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 858th most imported product in Japan. Japan imports Tool Sets primarily from: China ($16.2M), Chinese Taipei ($6.07M), United States ($635k), Germany ($497k), and Netherlands ($482k).

The fastest growing import markets in Tool Sets for Japan between 2021 and 2022 were United Arab Emirates ($370k), Netherlands ($230k), and Malaysia ($46.8k).

COMPANIES In 2023, leading companies such as Stanley Black & Decker (5) were at the forefront of shipping Tool Sets from Japan to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-10.1M(-18%)
IMPORT GROWTH (June 2023 - June 2024)¥16.7M(15.2%)
MAIN EXPORTER (June 2024)Kanagawa¥29.3M
MAIN DESTINATION (June 2024)China¥12.1M

This section shows Tool Sets'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 Sets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.89M
IMPORTS (2022)$25.6M
NET TRADE (2022)-$15.7M

In 2022, Japan exported $9.89M in Tool Sets. The main destinations of Japan exports on Tool Sets were Poland ($4.8M), China ($806k), Thailand ($496k), South Korea ($454k), and Indonesia ($428k).

In 2022, Japan imported $25.6M in Tool Sets, mainly from China ($16.2M), Chinese Taipei ($6.07M), United States ($635k), Germany ($497k), and Netherlands ($482k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Poland$429k (9.82%)
Indonesia$246k (135%)
Vietnam$190k (129%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Japan WERE (2021 - 2022):
China-$315k (-28.1%)
Germany-$216k (-95.7%)
Canada-$185k (-69.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Tool Sets were:
In 2022, Japan's main importing competitors in Tool Sets were:

Explore Visualizations

Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $251k
TOP IMPORT POTENTIALChina+ $3.1M

Tool Sets’s highest export potential is United States. With an export gap of $251k.   Tool Sets’s highest import potential is China with an import gap of $3.1M.

See methodology.

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