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Machinery exported from Japan in 2015 were valued at a total of \48.854 trillion, which grew 4.3% from the previous year and registered a year-on-year improvement for the third consecutive year, according to an announcement on the nation’s machinery trade unveiled by the Japan Machinery Center for Trade and Investment (JMC). Meanwhile, imports increased 4.5% to \24.269 trillion, enjoying an improvement from a year earlier for six years in a row.
Looking at exports by destination, those to five regions were greater last year than in 2014, although those to “other” regions declined 2.9%. In detail, exports to North America, which held a share of 26% of the machinery that Japan exported, went up 10.7%; those to the EU, up 5.3%; those to South Korea and Taiwan, up 8.8%; those to China, up 0.1% and those to Southeast Asia and South Asia, up 5.1%.
By commodity, automobiles, which accounted for 35% of machinery exports from Japan on a value scale, were up 6.8%; industrial machinery, 17%, up 4.2% and electrical devices, up 6.1%. Even greater increases were marked for airplane parts and components, up 13.4%; communication equipment, up 16.2%; medical machinery, up 10.9%; agricultural machinery, up 10.1% and railway cars, up 53.4%.
On the other hand, exports of textile machinery went down 14.2%; construction machinery, down 6.7% and optical machinery, down 5.8%.
