Insulated Wire in Japan | The Observatory of Economic Complexity

About

Exports In 2022, Japan exported $2.27B in Insulated Wire, making it the 18th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 69th most exported product in Japan. The main destination of Insulated Wire exports from Japan are: China ($440M), United States ($378M), Philippines ($231M), Vietnam ($165M), and Thailand ($126M).

The fastest growing export markets for Insulated Wire of Japan between 2021 and 2022 were Philippines ($97M), Indonesia ($30.5M), and India ($18.1M).

Imports In 2022, Japan imported $8.13B in Insulated Wire, becoming the 4th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 14th most imported product in Japan. Japan imports Insulated Wire primarily from: China ($2.22B), Vietnam ($2.17B), Philippines ($1.4B), Indonesia ($853M), and Thailand ($524M).

The fastest growing import markets in Insulated Wire for Japan between 2021 and 2022 were China ($91.2M), Vietnam ($18.7M), and Philippines ($16.2M).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTRONICS AMERICA (588) and KUBOTA ENGINE AMERICA CORPORATION (5) were at the forefront of shipping Insulated Wire from Japan to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Japan's Insulated Wire exports accounted up to ¥16B and imports accounted up to ¥111B, resulting in a negative trade balance of ¥95.1B. Between January 2023 and January 2024 the exports of Japan's Insulated Wire have decreased by ¥-1.6B (-9.09%) from ¥17.6B to ¥16B, while imports increased by ¥5.05B (4.76%) from ¥106B to ¥111B.

Destinations In January 2024, Insulated Wire were exported mostly to United States (¥3.21B), China (¥2.66B), Philippines (¥1.78B), Vietnam (¥1.22B), and Thailand (¥771M), and were imported mostly from Vietnam (¥33B), China (¥30.5B), Philippines (¥17.7B), Indonesia (¥11.6B), and Thailand (¥5.66B).

Growth In January 2024, the decrease in Insulated Wire's year-by-year exports was explained primarily by a decrease in exports to China (¥-901M or -26.2%), Thailand (¥-188M or -15%), and Vietnam (¥-178M or -12.5%). In January 2024, the increase in Insulated Wire's year-by-year imports was explained primarily by an increase in imports from Vietnam (¥4.39B or 15.6%), Philippines (¥2.87B or 19.1%), and China (¥2.14B or 7.78%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥-1.6B(-9.09%)

IMPORT GROWTH (January 2023 - January 2024)¥5.05B(4.76%)

MAIN EXPORTER (January 2024)Aichi¥2.67B

MAIN DESTINATION (January 2024)United States¥3.21B

This section shows Insulated Wire'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 Insulated Wire over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.27B

IMPORTS (2022)$8.13B

NET TRADE (2022)-$5.86B

In 2022, Japan exported $2.27B in Insulated Wire. The main destinations of Japan exports on Insulated Wire were China ($440M), United States ($378M), Philippines ($231M), Vietnam ($165M), and Thailand ($126M).

In 2022, Japan imported $8.13B in Insulated Wire, mainly from China ($2.22B), Vietnam ($2.17B), Philippines ($1.4B), Indonesia ($853M), and Thailand ($524M).

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