Stone Processing Machines in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $175M in Stone Processing Machines, making it the 23rd largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 346th most exported product in Japan. The main destination of Stone Processing Machines exports from Japan are: United States ($35.2M), China ($28.8M), Thailand ($11.6M), Indonesia ($9.17M), and Vietnam ($8.31M).

The fastest growing export markets for Stone Processing Machines of Japan between 2021 and 2022 were United States ($12.1M), Mexico ($3.41M), and Canada ($3.1M).

Imports In 2022, Japan imported $161M in Stone Processing Machines, becoming the 36th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 446th most imported product in Japan. Japan imports Stone Processing Machines primarily from: China ($68.9M), Germany ($23.8M), United Kingdom ($12.3M), South Korea ($8.86M), and United States ($7M).

The fastest growing import markets in Stone Processing Machines for Japan between 2021 and 2022 were Chinese Taipei ($4.22M), Indonesia ($1.68M), and Poland ($1.61M).

COMPANIES In 2023, leading companies such as STORCK USA L.P (84) and YAMAHA CORPORATION OF AMERICA (84) were at the forefront of shipping Stone Processing Machines from Japan to the United States.

Latest Trends

January 2024

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Overview In January 2024 Japan's Stone Processing Machines exports accounted up to ¥1.31B and imports accounted up to ¥1.64B, resulting in a negative trade balance of ¥324M. Between January 2023 and January 2024 the exports of Japan's Stone Processing Machines have decreased by ¥-36.7M (-2.72%) from ¥1.35B to ¥1.31B, while imports increased by ¥129M (8.53%) from ¥1.51B to ¥1.64B.

Destinations In January 2024, Stone Processing Machines were exported mostly to United States (¥344M), Philippines (¥274M), Malaysia (¥179M), China (¥137M), and Indonesia (¥105M), and were imported mostly from China (¥554M), United Kingdom (¥430M), Germany (¥238M), India (¥123M), and United States (¥86.6M).

Growth In January 2024, the decrease in Stone Processing Machines's year-by-year exports was explained primarily by a decrease in exports to Canada (¥-471M or -99.8%), South Korea (¥-142M or -87.2%), and Mexico (¥-138M or -96.4%). In January 2024, the increase in Stone Processing Machines's year-by-year imports was explained primarily by an increase in imports from Germany (¥176M or 179%), India (¥137M or 293%), and United States (¥63.4M or 314%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥-36.7M(-2.72%)

IMPORT GROWTH (January 2023 - January 2024)¥129M(8.53%)

MAIN EXPORTER (January 2024)Hyōgo¥494M

MAIN DESTINATION (January 2024)United States¥344M

This section shows Stone Processing Machines'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 Stone Processing Machines over time.

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