Fork-Lifts in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $1.1B in Fork-Lifts, making it the 7th largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 118th most exported product in Japan. The main destination of Fork-Lifts exports from Japan are: Australia ($123M), South Korea ($92.2M), Chinese Taipei ($91.4M), Vietnam ($85.1M), and Thailand ($63.9M).

The fastest growing export markets for Fork-Lifts of Japan between 2021 and 2022 were South Africa ($18.4M), United States ($14.9M), and United Arab Emirates ($12.8M).

Imports In 2022, Japan imported $91.9M in Fork-Lifts, becoming the 44th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 592nd most imported product in Japan. Japan imports Fork-Lifts primarily from: China ($54.9M), United States ($21.2M), Sweden ($3.31M), Chinese Taipei ($3.16M), and Germany ($2.74M).

The fastest growing import markets in Fork-Lifts for Japan between 2021 and 2022 were China ($10.6M), Sweden ($2.04M), and Chinese Taipei ($2.03M).

Latest Trends

February 2024

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Overview In February 2024 Japan's Fork-Lifts exports accounted up to ¥8.3B and imports accounted up to ¥369M, resulting in a positive trade balance of ¥7.93B. Between February 2023 and February 2024 the exports of Japan's Fork-Lifts have decreased by ¥-1.66B (-16.6%) from ¥9.96B to ¥8.3B, while imports decreased by ¥-1.15B (-75.7%) from ¥1.52B to ¥369M.

Destinations In February 2024, Fork-Lifts were exported mostly to Australia (¥865M), Saudi Arabia (¥830M), South Korea (¥678M), Chinese Taipei (¥577M), and United Arab Emirates (¥556M), and were imported mostly from China (¥204M), Chinese Taipei (¥61.9M), Netherlands (¥40.5M), United States (¥37.3M), and Sweden (¥16.7M).

Growth In February 2024, the decrease in Fork-Lifts's year-by-year exports was explained primarily by a decrease in exports to Russia (¥-946M or -96.6%), Vietnam (¥-292M or -36.8%), and Brazil (¥-175M or -94.3%). In February 2024, the decrease in Fork-Lifts's year-by-year imports was explained primarily by a decrease in imports from China (¥-136M or -41.6%) and South Korea (¥-1.43M or -77%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)¥-1.66B(-16.6%)

IMPORT GROWTH (February 2023 - February 2024)¥-1.15B(-75.7%)

MAIN EXPORTER (February 2024)Aichi¥4.14B

MAIN DESTINATION (February 2024)Australia¥865M

This section shows Fork-Lifts'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 Fork-Lifts over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.1B

IMPORTS (2022)$91.9M

NET TRADE (2022)$1.01B

In 2022, Japan exported $1.1B in Fork-Lifts. The main destinations of Japan exports on Fork-Lifts were Australia ($123M), South Korea ($92.2M), Chinese Taipei ($91.4M), Vietnam ($85.1M), and Thailand ($63.9M).

In 2022, Japan imported $91.9M in Fork-Lifts, mainly from China ($54.9M), United States ($21.2M), Sweden ($3.31M), Chinese Taipei ($3.16M), and Germany ($2.74M).

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