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2022
Exports $2.21BWorld Rnk 3 / 206
Flag Rnk 71 / 1213
2022
Destination $33.2M Germany
2021 - 2022
FASTEST GROWING MARKET $33.2MGermany
2022
PRODUCT COMPLEXITY IN Bi-Wheel Vehicle Parts0.9Rnk 210 / 1025
2022
Imports $705MWorld Rnk 17 / 220
Flag Rnk 186 / 1214
2022
Origin $12.9M China
2021 - 2022
FASTEST GROWING ORIGIN $12.9MChina
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $2.21B in Bi-Wheel Vehicle Parts, making it the 3rd largest exporter of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 71st most exported product in Japan. The main destination of Bi-Wheel Vehicle Parts exports from Japan are: Germany ($431M), Chinese Taipei ($260M), United States ($205M), Netherlands ($176M), and China ($139M).

The fastest growing export markets for Bi-Wheel Vehicle Parts of Japan between 2021 and 2022 were Germany ($33.2M), Brazil ($14.5M), and Netherlands ($12.1M).

Imports In 2022, Japan imported $705M in Bi-Wheel Vehicle Parts, becoming the 17th largest importer of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 186th most imported product in Japan. Japan imports Bi-Wheel Vehicle Parts primarily from: China ($196M), Chinese Taipei ($139M), Thailand ($92.2M), Vietnam ($59.8M), and Indonesia ($34.1M).

The fastest growing import markets in Bi-Wheel Vehicle Parts for Japan between 2021 and 2022 were China ($12.9M), Vietnam ($12.5M), and United Arab Emirates ($8.88M).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (103), Volvo (86), and Brother Industries (26) were at the forefront of shipping Bi-Wheel Vehicle Parts from Japan to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Japan's Bi-Wheel Vehicle Parts exports accounted up to ¥14.9B and imports accounted up to ¥5.65B, resulting in a positive trade balance of ¥9.25B. Between August 2023 and August 2024 the exports of Japan's   Bi-Wheel Vehicle Parts have decreased by ¥-826M (-5.25%) from ¥15.7B to ¥14.9B, while imports decreased by ¥-743M (-11.6%) from ¥6.4B to ¥5.65B.

Destinations In August 2024, Bi-Wheel Vehicle Parts were exported mostly to China (¥2.91B), Germany (¥2.35B), Chinese Taipei (¥1.73B), Netherlands (¥1.01B), and Italy (¥944M), and were imported mostly from China (¥1.63B), Chinese Taipei (¥931M), Thailand (¥842M), Vietnam (¥489M), and United States (¥348M).

Growth In August 2024, the decrease in Bi-Wheel Vehicle Parts's year-by-year exports was explained primarily by a decrease in exports to Germany (¥-801M or -26%), Hungary (¥-217M or -90.3%), and United Kingdom (¥-162M or -38.8%). In August 2024, the decrease in Bi-Wheel Vehicle Parts's year-by-year imports was explained primarily by a decrease in imports from Malaysia (¥-82.6M or -33.7%), India (¥-55.8M or -49%), and Slovenia (¥-45.9M or -48.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥-826M(-5.25%)
IMPORT GROWTH (August 2023 - August 2024)¥-743M(-11.6%)
MAIN EXPORTER (August 2024)Osaka¥11.3B
MAIN DESTINATION (August 2024)China¥2.91B

This section shows Bi-Wheel 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 Bi-Wheel Vehicle Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.21B
IMPORTS (2022)$705M
NET TRADE (2022)$1.5B

In 2022, Japan exported $2.21B in Bi-Wheel Vehicle Parts. The main destinations of Japan exports on Bi-Wheel Vehicle Parts were Germany ($431M), Chinese Taipei ($260M), United States ($205M), Netherlands ($176M), and China ($139M).

In 2022, Japan imported $705M in Bi-Wheel Vehicle Parts, mainly from China ($196M), Chinese Taipei ($139M), Thailand ($92.2M), Vietnam ($59.8M), and Indonesia ($34.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bi-Wheel Vehicle Parts EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Germany$33.2M (8.34%)
Brazil$14.5M (19.9%)
Netherlands$12.1M (7.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bi-Wheel Vehicle Parts BY Japan WERE (2021 - 2022):
China-$61M (-30.4%)
Chinese Taipei-$42M (-13.9%)
United States-$38.6M (-15.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Bi-Wheel Vehicle Parts were:
China $12B
Chinese Taipei $5.97B
In 2022, Japan's main importing competitors in Bi-Wheel Vehicle Parts were:
Germany $4.18B
United States $2.41B
Netherlands $1.58B

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Trade Value of Bi-Wheel Vehicle Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $31.6M
TOP IMPORT POTENTIALChina+ $92.8M

Bi-Wheel Vehicle Parts’s highest export potential is China. With an export gap of $31.6M.   Bi-Wheel Vehicle Parts’s highest import potential is China with an import gap of $92.8M.

See methodology.

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