Overview In February 2024 Japan's Metalworking Transfer Machines exports accounted up to ¥26.5B and imports accounted up to ¥548M, resulting in a positive trade balance of ¥26B. Between February 2023 and February 2024 the exports of Japan's Metalworking Transfer Machines have decreased by ¥-1.76B (-6.21%) from ¥28.3B to ¥26.5B, while imports decreased by ¥-136M (-19.9%) from ¥684M to ¥548M.
Destinations In February 2024, Metalworking Transfer Machines were exported mostly to China (¥7.68B), United States (¥6.08B), India (¥2.21B), Turkey (¥1.73B), and Malaysia (¥1.35B), and were imported mostly from Germany (¥408M), Chinese Taipei (¥55.9M), China (¥26.3M), Poland (¥24.4M), and Thailand (¥18.2M).
Growth In February 2024, the decrease in Metalworking Transfer Machines's year-by-year exports was explained primarily by a decrease in exports to Turkey (¥-459M or -54%), Chinese Taipei (¥-296M or -60.9%), and Indonesia (¥-273M or -60.8%). In February 2024, the decrease in Metalworking Transfer Machines's year-by-year imports was explained primarily by a decrease in imports from Germany (¥-203M or -39%), China (¥-111M or -87.2%), and Chinese Taipei (¥-64.9M or -62.6%).