Bi-Wheel Vehicle Parts in Japan | The Observatory of Economic Complexity

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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 BROTHER INTERNATIONAL CORPORATION (520), AMAZON SERVICES LLC (232), and YAMAHA CORPORATION OF AMERICA (12) were at the forefront of shipping Bi-Wheel Vehicle Parts from Japan to the United States.

Latest Trends

January 2024

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Overview In January 2024 Japan's Bi-Wheel Vehicle Parts exports accounted up to ¥15.7B and imports accounted up to ¥6.1B, resulting in a positive trade balance of ¥9.55B. Between January 2023 and January 2024 the exports of Japan's Bi-Wheel Vehicle Parts have decreased by ¥-1.35B (-7.92%) from ¥17B to ¥15.7B, while imports decreased by ¥-1.84B (-23.2%) from ¥7.94B to ¥6.1B.

Destinations In January 2024, Bi-Wheel Vehicle Parts were exported mostly to China (¥2.41B), Germany (¥1.92B), Taiwan (¥1.74B), Italy (¥1.37B), and Netherlands (¥1.32B), and were imported mostly from China (¥1.93B), Thailand (¥1.28B), Taiwan (¥763M), Vietnam (¥501M), and United States (¥277M).

Growth In January 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 January 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥-1.35B(-7.92%)

IMPORT GROWTH (January 2023 - January 2024)¥-1.84B(-23.2%)

MAIN EXPORTER (January 2024)Osaka¥8.41B

MAIN DESTINATION (January 2024)China¥2.41B

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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