Overview In August 2022, United States exported $7.8B and imported $12.4B from Japan, resulting in a negative trade balance of $4.62B. Between August 2021 and August 2022 the exports of United States have increased by $1.69B (27.7%) from $6.11B to $7.8B, while imports increased by $47.1M (0.38%) from $12.4B to $12.4B.
Trade In August 2022, the top exports of United States to Japan were Petroleum Gas ($1.11B), Packaged Medicaments ($508M), Ethers ($375M), Machines and apparatus of a kind... ($295M), and Crude Petroleum ($254M). In August 2022 the top imports of United States from Japan were Cars ($3.15B), Motor vehicles; parts and accessories (8701... ($532M), Large Construction Vehicles ($480M), Vaccines, blood, antisera, toxins and cultures ($441M), and Machines and apparatus of a kind... ($381M).
Origins In August 2022 the exports of United States were mainly from Texas ($1.79B), California ($1.04B), Louisiana ($552M), Ohio ($430M), and Washington ($408M), while imports destinations were mainly California ($2.56B), Kentucky ($808M), Georgia ($735M), Tennessee ($724M), and Illinois ($718M).
Growth In August 2022, the increase in United States's year-by-year exports to Japan was explained primarily by an increase in product exports in Petroleum Gas ($303M or 48%), Corn ($232M or 291%), and Refined Petroleum ($143M or 251%). In August 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%).