Wood Carpentry in Japan | The Observatory of Economic Complexity

About

Exports In 2022, Japan exported $26.1M in Wood Carpentry, making it the 46th largest exporter of Wood Carpentry in the world. At the same year, Wood Carpentry was the 646th most exported product in Japan. The main destination of Wood Carpentry exports from Japan are: United States ($10.7M), China ($4.39M), Philippines ($3.97M), South Korea ($2.68M), and Oman ($1.38M).

The fastest growing export markets for Wood Carpentry of Japan between 2021 and 2022 were United States ($8.06M), Oman ($1.36M), and Philippines ($537k).

Imports In 2022, Japan imported $1.85B in Wood Carpentry, becoming the 2nd largest importer of Wood Carpentry in the world. At the same year, Wood Carpentry was the 76th most imported product in Japan. Japan imports Wood Carpentry primarily from: Philippines ($830M), Finland ($295M), China ($172M), Romania ($126M), and Austria ($92M).

The fastest growing import markets in Wood Carpentry for Japan between 2021 and 2022 were Finland ($28.5M), Philippines ($20.3M), and Indonesia ($16.9M).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (60) were at the forefront of shipping Wood Carpentry from Japan to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Japan's Wood Carpentry exports accounted up to ¥143M and imports accounted up to ¥15B, resulting in a negative trade balance of ¥14.8B. Between January 2023 and January 2024 the exports of Japan's Wood Carpentry have decreased by ¥-25.6M (-15.2%) from ¥168M to ¥143M, while imports decreased by ¥-2.23B (-13%) from ¥17.2B to ¥15B.

Destinations In January 2024, Wood Carpentry were exported mostly to United States (¥78.9M), China (¥21.9M), Taiwan (¥16.8M), South Korea (¥15.1M), and Thailand (¥4.32M), and were imported mostly from Philippines (¥9.55B), China (¥1.65B), Finland (¥1.26B), Vietnam (¥376M), and Austria (¥316M).

Growth In January 2024, the decrease in Wood Carpentry's year-by-year exports was explained primarily by a decrease in exports to Philippines (¥-50.3M or -98.3%), China (¥-32M or -76.6%), and South Korea (¥-24.9M or -74.7%). In January 2024, the decrease in Wood Carpentry's year-by-year imports was explained primarily by a decrease in imports from Finland (¥-3.44B or -69.4%), Romania (¥-1.63B or -77.6%), and Austria (¥-929M or -68.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥-25.6M(-15.2%)

IMPORT GROWTH (January 2023 - January 2024)¥-2.23B(-13%)

MAIN EXPORTER (January 2024)Tokyo¥49.5M

MAIN DESTINATION (January 2024)United States¥78.9M

This section shows Wood Carpentry'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 Wood Carpentry over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$26.1M

IMPORTS (2022)$1.85B

NET TRADE (2022)-$1.83B

In 2022, Japan exported $26.1M in Wood Carpentry. The main destinations of Japan exports on Wood Carpentry were United States ($10.7M), China ($4.39M), Philippines ($3.97M), South Korea ($2.68M), and Oman ($1.38M).

In 2022, Japan imported $1.85B in Wood Carpentry, mainly from Philippines ($830M), Finland ($295M), China ($172M), Romania ($126M), and Austria ($92M).

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