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%).