Overview In December 2022, Japan exported ¥6.23B and imported ¥283M from Mongolia, resulting in a positive trade balance of ¥5.95B. Between December 2021 and December 2022 the exports of Japan have decreased by ¥-1.22B (-16.4%) from ¥7.45B to ¥6.23B, while imports increased by ¥401k (0.14%) from ¥283M to ¥283M.
Trade In December 2022, the top exports of Japan to Mongolia were Cars (¥3.33B), Large Construction Vehicles (¥158M), Commodities not elsewhere specified (¥130M), Delivery Trucks (¥115M), and Rolled Tobacco (¥97.1M). In December 2022 the top imports of Japan from Mongolia were Animal Organs (¥53.5M), Electric Furnaces (¥41.9M), Feldspar (¥30.5M), Other Engines (¥22.3M), and Trunks and Cases (¥18.9M).
Origins In December 2022 the exports of Japan were mainly from Aichi (¥2.26B), Kanagawa (¥1.64B), Fukuoka (¥648M), Osaka (¥630M), and Hyōgo (¥444M), while imports destinations were mainly Chiba (¥125M), Osaka (¥49.2M), Aichi (¥45.4M), Okayama (¥30.3M), and Tokyo (¥17.8M).
Growth In December 2022, the decrease in Japan's year-by-year exports to Mongolia was explained primarily by an decrease in product exports in Large Construction Vehicles (¥-115M or -42.2%), Rubber Tires (¥-88.7M or -58.4%), and Buses (¥-30.6M or -61.8%). In December 2022, the increase in Japan's year-by-year imports from Mongolia was explained primarily by an increase in product imports in Trunks and Cases (¥18.4M or 3.51k%), Other Engines (¥7.7M or 52.5%), and Feldspar (¥5.4M or 21.5%).