Vending Machines in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $11.9M in Vending Machines, making it the 26th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 749th most exported product in Japan. The main destination of Vending Machines exports from Japan are: Hong Kong ($2.12M), Bangladesh ($1.68M), Chinese Taipei ($1.58M), Germany ($1.19M), and Thailand ($1.19M).

The fastest growing export markets for Vending Machines of Japan between 2021 and 2022 were Bangladesh ($1.68M), Thailand ($699k), and Germany ($665k).

Imports In 2022, Japan imported $85.2M in Vending Machines, becoming the 6th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 610th most imported product in Japan. Japan imports Vending Machines primarily from: China ($41.5M), Bangladesh ($8.92M), Indonesia ($6.99M), Hong Kong ($6.63M), and Vietnam ($6.42M).

The fastest growing import markets in Vending Machines for Japan between 2021 and 2022 were China ($17M), Hong Kong ($6.46M), and Vietnam ($3.71M).

Latest Trends

February 2024

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Overview In February 2024 Japan's Vending Machines exports accounted up to ¥65.8M and imports accounted up to ¥1.1B, resulting in a negative trade balance of ¥1.04B. Between February 2023 and February 2024 the exports of Japan's Vending Machines have decreased by ¥-72.4M (-52.4%) from ¥138M to ¥65.8M, while imports increased by ¥152M (15.9%) from ¥952M to ¥1.1B.

Destinations In February 2024, Vending Machines were exported mostly to Germany (¥19.6M), Chinese Taipei (¥14.1M), Hong Kong (¥13.5M), United States (¥9.42M), and Thailand (¥3.66M), and were imported mostly from China (¥729M), Philippines (¥258M), Bangladesh (¥73.4M), Vietnam (¥19.6M), and Thailand (¥15.8M).

Growth In February 2024, the decrease in Vending Machines's year-by-year exports was explained primarily by a decrease in exports to Germany (¥-15.4M or -53%), Hong Kong (¥-11M or -58.2%), and Bangladesh (¥-7.93M or -97.3%). In February 2024, the increase in Vending Machines's year-by-year imports was explained primarily by an increase in imports from China (¥431M or 130%), Vietnam (¥44.4M or 217%), and Bangladesh (¥32M or 44.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)¥-72.4M(-52.4%)

IMPORT GROWTH (February 2023 - February 2024)¥152M(15.9%)

MAIN EXPORTER (February 2024)Tokyo¥58.6M

MAIN DESTINATION (February 2024)Germany¥19.6M

This section shows Vending 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 Vending Machines over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$11.9M

IMPORTS (2022)$85.2M

NET TRADE (2022)-$73.3M

In 2022, Japan exported $11.9M in Vending Machines. The main destinations of Japan exports on Vending Machines were Hong Kong ($2.12M), Bangladesh ($1.68M), Chinese Taipei ($1.58M), Germany ($1.19M), and Thailand ($1.19M).

In 2022, Japan imported $85.2M in Vending Machines, mainly from China ($41.5M), Bangladesh ($8.92M), Indonesia ($6.99M), Hong Kong ($6.63M), and Vietnam ($6.42M).

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