Key Market Indicators
Japan's exports of electrical equipment are projected to dip slightly to $100 billion by 2026, down 0.4% from $103 billion in 2021. Since 1993, Japan's exports of electrical equipment have grown by an average of 1% each year. In 2021, Japan ranked 6th worldwide, with Singapore overtaking it at $103 billion. South Korea, the United States and Germany ranked 2nd, 3rd and 4th, respectively. Japanese imports of electrical equipment are forecast to reach $111 billion by 2026, up 1.4% from $103 billion in 2021. Since 1993, Japan's demand for electrical equipment has risen an average of 2.8% per year. In 2021, Japan came in 5th, with Singapore in the lead at $103 billion. The United States, Germany and Singapore ranked 2nd, 3rd and 4th, respectively.