Bi-Wheel Vehicle Parts in Japan2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $17.8M | $8.16M, Vietnam | China
2020 ECONOMIC COMPLEXITY of Japan: 2.19, Rnk 1 / 127
2020 PRODUCT COMPLEXITY IN Bi-Wheel Vehicle Parts: 0.96, Rnk 192 / 1029
Exports In 2020, Japan exported $1.72B 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 76th most exported product in Japan. The main destination of Bi-Wheel Vehicle Parts exports from Japan are: Chinese Taipei ($268M), Germany ($266M), United States ($153M), China ($151M), and Netherlands ($122M).
The fastest growing export markets for Bi-Wheel Vehicle Parts of Japan between 2019 and 2020 were Vietnam ($17.8M), China ($15.2M), and Germany ($5.38M).
The fastest growing import markets in Bi-Wheel Vehicle Parts for Japan between 2019 and 2020 were China ($8.16M), Chinese Taipei ($6.9M), and France ($5.19M).
December 2022
Overview In December 2022 Japan's Bi-Wheel Vehicle Parts exports accounted up to ¥23.8B and imports accounted up to ¥7.53B, resulting in a positive trade balance of ¥16.3B. Between December 2021 and December 2022 the exports of Japan's Bi-Wheel Vehicle Parts have decreased by ¥-1.4B (-5.56%) from ¥25.2B to ¥23.8B, while imports increased by ¥1.36B (22.1%) from ¥6.17B to ¥7.53B.
Destinations In December 2022, Bi-Wheel Vehicle Parts were exported mostly to Germany (Â¥5.32B), Taiwan (Â¥2.65B), United States (Â¥1.83B), Netherlands (Â¥1.79B), and China (Â¥1.68B), and were imported mostly from China (Â¥2.2B), Taiwan (Â¥1.42B), Thailand (Â¥1.31B), Vietnam (Â¥483M), and Italy (Â¥343M).
Growth In December 2022, the decrease in Bi-Wheel Vehicle Parts's year-by-year exports was explained primarily by a decrease in exports to China (Â¥-640M or -43.8%), United States (Â¥-94.4M or -5.06%), and Turkey (Â¥-77.2M or -78.5%). In December 2022, the increase in Bi-Wheel Vehicle Parts's year-by-year imports was explained primarily by an increase in imports from China (Â¥149M or 8.47%), Italy (Â¥142M or 85%), and Slovenia (Â¥65.1M or 220%).
EXPORT GROWTH (December 2021 - December 2022): ¥-1.4B, (-5.56%)
IMPORT GROWTH (December 2021 - December 2022): ¥1.36B, (22.1%)
MAIN EXPORTER (December 2022): Osaka, ¥14.2B
MAIN DESTINATION (December 2022): Germany, ¥5.32B
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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EXPORTS (2020): $1.72B
In 2020, Japan exported $1.72B in Bi-Wheel Vehicle Parts. The main destinations of Japan exports on Bi-Wheel Vehicle Parts were Chinese Taipei ($268M), Germany ($266M), United States ($153M), China ($151M), and Netherlands ($122M).
In N/A, Japan imported N/A in Bi-Wheel Vehicle Parts, mainly from China ($153M), Chinese Taipei ($107M), Thailand ($71.5M), Vietnam ($34M), and United States ($31.9M).
THE FASTEST GROWING Bi-Wheel Vehicle Parts EXPORT MARKETS FOR Japan WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bi-Wheel Vehicle Parts BY Japan WERE (2019 - 2020):
In 2020, Japan's main exporting competitors in Bi-Wheel Vehicle Parts were:
In 2020, Japan's main importing competitors in Bi-Wheel Vehicle Parts were:
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