Vehicle Parts in Japan

EXPORTS (2018): $36.3B, World Rnk 2 / 211
Flag Rnk 2 / 1201

TOP DESTINATION (2018): $8.21B, United States

FASTEST GROWING MARKET (2017 - 2018): $661M, China

IMPORTS (2018): $9.32B, World Rnk 9 / 219
Flag Rnk 10 / 1211

TOP ORIGIN (2018): $3.2B, China

FASTEST GROWING ORIGIN (2017 - 2018): $203M, China

ECONOMIC COMPLEXITY of Japan (2018): 2.17, Rnk 1 / 137

PRODUCT COMPLEXITY  IN Vehicle Parts (2018): 1.01, Rnk 170 / 1018

Overview: This page contains the latest trade data of Vehicle Parts in Japan.

Exports: In 2018, Japan exported $36.3B in Vehicle Parts, making it the 2nd largest exporter of Vehicle Parts in the world. At the same year, Vehicle Parts was the 2nd most exported product in Japan. The main destination of Vehicle Parts exports from Japan are: United States ($8.21B), China ($7.87B), Thailand ($2.78B), Indonesia ($1.96B), and Mexico ($1.89B).

The fastest growing export markets for Vehicle Parts of Japan between 2017 and 2018 were China ($661M), Indonesia ($553M), and Netherlands ($504M).

Imports: In 2018, Japan imported $9.32B in Vehicle Parts, becoming the 9th largest importer of Vehicle Parts in the world. At the same year, Vehicle Parts was the 10th most imported product in Japan. Japan imports Vehicle Parts primarily from: China ($3.2B), Thailand ($938M), Germany ($775M), South Korea ($737M), and United States ($606M).

The fastest growing import markets in Vehicle Parts for Japan between 2017 and 2018 were China ($203M), Belgium-Luxembourg ($176M), and Thailand ($156M).

Overview: In August 2020 Japan's Vehicle Parts exports accounted up to ¥0 and imports accounted up to ¥0, resulting in a remained the same trade balance of ¥0. Between August 2019 and August 2020 the exports of Japan's   Vehicle Parts have decreased by ¥-271B (-100%) from ¥271B to ¥0, while imports decreased by ¥-68.5B (-100%) from ¥68.5B to ¥0.

Destinations: In August 2020 Vehicle Parts exported mostly to Angola (¥0), Burkina Faso (¥0), Botswana (¥0), Cote d'Ivoire (¥0), and Cameroon (¥0), and imported mostly from Egypt (¥0), Morocco (¥0), Reunion (¥0), Sierra Leone (¥0), and Tunisia (¥0).

Growth: In August 2020, the decrease in Vehicle Parts's year-by-year exports was explained primarily by a decrease in exports to United States (¥-64.4B or -100%), China (¥-48.8B or -100%), and Thailand (¥-25B or -100%). In August 2020, the decrease in Vehicle Parts's year-by-year imports was explained primarily by a decrease in imports from China (¥-26.2B or -100%), Thailand (¥-8.37B or -100%), and Germany (¥-5.44B or -100%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (August 2019 - August 2020): ¥-271B, (-100%)

IMPORT GROWTH (August 2019 - August 2020): ¥-68.5B, (-100%)

MAIN EXPORTER (August 2020): Hokkaido, ¥0

MAIN DESTINATION (August 2020): Angola, ¥0

This section shows Vehicle Parts's exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Vehicle Parts over time.

Value

EXPORTS (2018): $36.3B

IMPORTS (2018): $9.32B

NET TRADE (2018): $26.9B

In 2018, Japan exported $36.3B in Vehicle Parts. The main destinations of Japan exports on Vehicle Parts were United States ($8.21B), China ($7.87B), Thailand ($2.78B), Indonesia ($1.96B), and Mexico ($1.89B).

In 2018, Japan imported $9.32B in Vehicle Parts, mainly from China ($3.2B), Thailand ($938M), Germany ($775M), South Korea ($737M), and United States ($606M).

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IN 2018, Japan HAD A POSITIVE NET TRADE IN Vehicle Parts WITH:

  • United States, $7.6B ($8.21B - $606M)
  • China, $4.67B ($7.87B - $3.2B)
  • Thailand, $1.84B ($2.78B - $938M)

IN 2018, Japan HAD A NEGATIVE NET TRADE IN Vehicle Parts WITH:

  • Germany, -$275M ($501M - $775M)
  • Vietnam, -$166M ($342M - $508M)
  • South Korea, -$71.9M ($665M - $737M)
Flow

THE FASTEST GROWING Vehicle Parts EXPORT MARKETS FOR Japan WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Parts BY Japan WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Japan's main exporting competitors in Vehicle Parts were:

In 2018, Japan's main importing competitors in Vehicle Parts were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Vehicle Parts in Japan. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Vehicle Parts in the imports of Japan were of 0% around the world.

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