Electric Batteries in Japan | The Observatory of Economic Complexity

About

Exports In 2022, Japan exported $5.26B in Electric Batteries, making it the 6th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 27th most exported product in Japan. The main destination of Electric Batteries exports from Japan are: United States ($2B), China ($570M), Singapore ($395M), United Kingdom ($340M), and Turkey ($197M).

The fastest growing export markets for Electric Batteries of Japan between 2021 and 2022 were India ($69.7M), Czechia ($68.9M), and Chinese Taipei ($22.4M).

Imports In 2022, Japan imported $2.9B in Electric Batteries, becoming the 15th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 37th most imported product in Japan. Japan imports Electric Batteries primarily from: China ($1.72B), South Korea ($455M), United States ($186M), Singapore ($179M), and Vietnam ($87.1M).

The fastest growing import markets in Electric Batteries for Japan between 2021 and 2022 were China ($346M), United States ($115M), and South Korea ($98.8M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (74) were at the forefront of shipping Electric Batteries from Japan to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Japan's Electric Batteries exports accounted up to ¥44.2B and imports accounted up to ¥41.2B, resulting in a positive trade balance of ¥3.08B. Between January 2023 and January 2024 the exports of Japan's Electric Batteries have decreased by ¥-5.86B (-11.7%) from ¥50.1B to ¥44.2B, while imports increased by ¥3.13B (8.22%) from ¥38B to ¥41.2B.

Destinations In January 2024, Electric Batteries were exported mostly to United States (¥17B), France (¥3.12B), Canada (¥2.77B), India (¥2.48B), and Mexico (¥2.45B), and were imported mostly from China (¥28.3B), South Korea (¥7.03B), Singapore (¥1.33B), United States (¥781M), and Vietnam (¥755M).

Growth In January 2024, the decrease in Electric Batteries's year-by-year exports was explained primarily by a decrease in exports to Turkey (¥-1.35B or -44.8%), China (¥-1.12B or -28.2%), and Singapore (¥-1.1B or -32.6%). In January 2024, the increase in Electric Batteries's year-by-year imports was explained primarily by an increase in imports from China (¥7.26B or 46.8%), United States (¥3.4B or 523%), and South Korea (¥856M or 18.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥-5.86B(-11.7%)

IMPORT GROWTH (January 2023 - January 2024)¥3.13B(8.22%)

MAIN EXPORTER (January 2024)Aichi¥17.2B

MAIN DESTINATION (January 2024)United States¥17B

This section shows Electric Batteries'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 Electric Batteries over time.

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