Overview In October 2022, United States exported $6.74B and imported $13B from Japan, resulting in a negative trade balance of $6.22B. Between October 2021 and October 2022 the exports of United States have decreased by $-264M (-3.76%) from $7.01B to $6.74B, while imports increased by $2.42B (23%) from $10.5B to $13B.
Trade In October 2022, the top exports of United States to Japan were Petroleum Gas ($672M), Aircraft Parts ($390M), Crude Petroleum ($273M), Machines and apparatus of a kind... ($238M), and Medical Instruments ($208M). In October 2022 the top imports of United States from Japan were Cars ($3.08B), Motor vehicles; parts and accessories (8701... ($752M), Large Construction Vehicles ($540M), Machines and apparatus of a kind... ($365M), and Commodities not elsewhere specified ($324M).
Origins In October 2022 the exports of United States were mainly from Texas ($1.32B), California ($869M), Louisiana ($482M), Washington ($376M), and New Jersey ($296M), while imports destinations were mainly California ($2.45B), Tennessee ($822M), Georgia ($763M), Illinois ($750M), and Washington ($742M).
Growth In October 2022, the decrease in United States's year-by-year exports to Japan was explained primarily by an decrease in product exports in Aircraft Parts ($-246M or -48.6%), Packaged Medicaments ($-54.5M or -26.3%), and Machinery Having Individual Functions ($-53.3M or -65.1%). In October 2022, the increase in United States's year-by-year imports from Japan was explained primarily by an increase in product imports in Cars ($314M or 11.7%), Vaccines, blood, antisera, toxins and cultures ($217M or 248%), and Packaged Medicaments ($74.8M or 27.8%).