Electrical Control Boards in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $3.59B in Electrical Control Boards, making it the 5th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 47th most exported product in Japan. The main destination of Electrical Control Boards exports from Japan are: China ($1.1B), United States ($649M), South Korea ($411M), Chinese Taipei ($295M), and India ($140M).

The fastest growing export markets for Electrical Control Boards of Japan between 2021 and 2022 were Netherlands ($49.7M), South Korea ($38.7M), and Czechia ($23.2M).

Imports In 2022, Japan imported $1.7B in Electrical Control Boards, becoming the 10th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 91st most imported product in Japan. Japan imports Electrical Control Boards primarily from: China ($795M), Thailand ($189M), United States ($169M), Germany ($115M), and South Korea ($93.6M).

The fastest growing import markets in Electrical Control Boards for Japan between 2021 and 2022 were China ($127M), United States ($25.9M), and Mexico ($9.76M).

COMPANIES In 2023, leading companies such as GENERAL MOTORS LLC (5) and JOHN DEERE COMMERCIAL PRODUCTS (1) were at the forefront of shipping Electrical Control Boards from Japan to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Japan's Electrical Control Boards exports accounted up to ¥32.3B and imports accounted up to ¥19.2B, resulting in a positive trade balance of ¥13B. Between February 2023 and February 2024 the exports of Japan's Electrical Control Boards have decreased by ¥-3.73B (-10.4%) from ¥36B to ¥32.3B, while imports increased by ¥3.23B (20.2%) from ¥16B to ¥19.2B.

Destinations In February 2024, Electrical Control Boards were exported mostly to China (¥11.4B), United States (¥5.56B), South Korea (¥3.45B), India (¥2.16B), and Thailand (¥1.12B), and were imported mostly from China (¥7.66B), United States (¥2.33B), Germany (¥1.35B), Thailand (¥1.2B), and United Kingdom (¥1.2B).

Growth In February 2024, the decrease in Electrical Control Boards's year-by-year exports was explained primarily by a decrease in exports to China (¥-1.38B or -14.2%), Hong Kong (¥-262M or -51%), and Thailand (¥-173M or -18.2%). In February 2024, the increase in Electrical Control Boards's year-by-year imports was explained primarily by an increase in imports from China (¥1.07B or 14.1%), United States (¥868M or 64.9%), and Malaysia (¥284M or 467%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)¥-3.73B(-10.4%)

IMPORT GROWTH (February 2023 - February 2024)¥3.23B(20.2%)

MAIN EXPORTER (February 2024)Kanagawa¥9.96B

MAIN DESTINATION (February 2024)China¥11.4B

This section shows Electrical Control Boards'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 Electrical Control Boards over time.

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