Medical Instruments in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $6.04B in Medical Instruments, making it the 7th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 17th most exported product in Japan. The main destination of Medical Instruments exports from Japan are: United States ($1.87B), China ($1.08B), Germany ($448M), Belgium ($285M), and Netherlands ($256M).

The fastest growing export markets for Medical Instruments of Japan between 2021 and 2022 were United States ($117M), Vietnam ($72M), and Belgium ($42.3M).

Imports In 2022, Japan imported $6.58B in Medical Instruments, becoming the 5th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 19th most imported product in Japan. Japan imports Medical Instruments primarily from: United States ($2.45B), China ($726M), Germany ($388M), Netherlands ($320M), and Ireland ($305M).

The fastest growing import markets in Medical Instruments for Japan between 2021 and 2022 were China ($44.1M), United States ($28.8M), and Ireland ($23.8M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Medical Instruments from Japan to the United States.

Latest Trends

January 2024

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Overview In January 2024 Japan's Medical Instruments exports accounted up to ¥58.6B and imports accounted up to ¥83.3B, resulting in a negative trade balance of ¥24.7B. Between January 2023 and January 2024 the exports of Japan's Medical Instruments have increased by ¥4.46B (8.24%) from ¥54.1B to ¥58.6B, while imports increased by ¥3.47B (4.35%) from ¥79.8B to ¥83.3B.

Destinations In January 2024, Medical Instruments were exported mostly to United States (¥16.3B), China (¥10.9B), Germany (¥5.7B), Belgium (¥3.44B), and Netherlands (¥2.8B), and were imported mostly from United States (¥23.7B), China (¥11.5B), Mexico (¥7.39B), Germany (¥6.03B), and Costa Rica (¥4.78B).

Growth In January 2024, the increase in Medical Instruments's year-by-year exports was explained primarily by an increase in exports to China (¥2.25B or 28.3%), Germany (¥731M or 15.4%), and Netherlands (¥594M or 27.4%). In January 2024, the increase in Medical Instruments's year-by-year imports was explained primarily by an increase in imports from United States (¥5.67B or 28.6%), South Korea (¥947M or 65.7%), and Germany (¥745M or 15.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥4.46B(8.24%)

IMPORT GROWTH (January 2023 - January 2024)¥3.47B(4.35%)

MAIN EXPORTER (January 2024)Kanagawa¥18.5B

MAIN DESTINATION (January 2024)United States¥16.3B

This section shows Medical Instruments'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 Medical Instruments over time.

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