Overview In February 2022 Japan's Bi-Wheel Vehicle Parts exports accounted up to ¥21.7B and imports accounted up to ¥5.69B, resulting in a positive trade balance of ¥16B. Between February 2021 and February 2022 the exports of Japan's Bi-Wheel Vehicle Parts have increased by ¥3.7B (20.5%) from ¥18B to ¥21.7B, while imports increased by ¥114M (2.04%) from ¥5.58B to ¥5.69B.
Destinations In February 2022, Bi-Wheel Vehicle Parts were exported mostly to Germany (¥3.65B), United States (¥2.15B), Taiwan (¥2.07B), Netherlands (¥1.81B), and China (¥1.59B), and were imported mostly from China (¥1.8B), Taiwan (¥975M), Thailand (¥709M), Vietnam (¥466M), and Italy (¥322M).
Growth In February 2022, the increase in Bi-Wheel Vehicle Parts's year-by-year exports was explained primarily by an increase in exports to China (¥838M or 134%), Germany (¥741M or 37.6%), and Taiwan (¥697M or 49.2%). In February 2022, the increase in Bi-Wheel Vehicle Parts's year-by-year imports was explained primarily by an increase in imports from Taiwan (¥251M or 31.6%), Vietnam (¥104M or 27.8%), and Malaysia (¥54.6M or 33.1%).