Metal Lathes in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $1.72B in Metal Lathes, making it the 1st largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 84th most exported product in Japan. The main destination of Metal Lathes exports from Japan are: United States ($536M), China ($169M), Germany ($103M), Italy ($84.7M), and Netherlands ($78.1M).

The fastest growing export markets for Metal Lathes of Japan between 2021 and 2022 were United States ($163M), Germany ($31M), and Switzerland ($29.7M).

Imports In 2022, Japan imported $252M in Metal Lathes, becoming the 7th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 347th most imported product in Japan. Japan imports Metal Lathes primarily from: China ($150M), Thailand ($50.7M), South Korea ($17.7M), Philippines ($10.8M), and Singapore ($6.45M).

The fastest growing import markets in Metal Lathes for Japan between 2021 and 2022 were China ($59.3M), Singapore ($2.13M), and Poland ($1.38M).

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

Latest Trends

January 2024

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Overview In January 2024 Japan's Metal Lathes exports accounted up to ¥12.7B and imports accounted up to ¥1.93B, resulting in a positive trade balance of ¥10.8B. Between January 2023 and January 2024 the exports of Japan's Metal Lathes have decreased by ¥-1.95B (-13.3%) from ¥14.7B to ¥12.7B, while imports decreased by ¥-1.21B (-38.5%) from ¥3.14B to ¥1.93B.

Destinations In January 2024, Metal Lathes were exported mostly to United States (¥2.57B), China (¥1.35B), Italy (¥1.06B), Netherlands (¥934M), and Belgium (¥864M), and were imported mostly from China (¥1.33B), Thailand (¥301M), Singapore (¥102M), South Korea (¥87.1M), and Switzerland (¥42.6M).

Growth In January 2024, the decrease in Metal Lathes's year-by-year exports was explained primarily by a decrease in exports to Thailand (¥-340M or -46.3%), Taiwan (¥-126M or -52.2%), and Mexico (¥-123M or -30.1%). In January 2024, the decrease in Metal Lathes's year-by-year imports was explained primarily by a decrease in imports from South Korea (¥-95.2M or -41%), Thailand (¥-55.7M or -10.4%), and Philippines (¥-27.9M or -27.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥-1.95B(-13.3%)

IMPORT GROWTH (January 2023 - January 2024)¥-1.21B(-38.5%)

MAIN EXPORTER (January 2024)Aichi¥10.2B

MAIN DESTINATION (January 2024)United States¥2.57B

This section shows Metal Lathes'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 Metal Lathes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.72B

IMPORTS (2022)$252M

NET TRADE (2022)$1.47B

In 2022, Japan exported $1.72B in Metal Lathes. The main destinations of Japan exports on Metal Lathes were United States ($536M), China ($169M), Germany ($103M), Italy ($84.7M), and Netherlands ($78.1M).

In 2022, Japan imported $252M in Metal Lathes, mainly from China ($150M), Thailand ($50.7M), South Korea ($17.7M), Philippines ($10.8M), and Singapore ($6.45M).

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