Buses in Japan | The Observatory of Economic Complexity

About

Exports In 2022, Japan exported $1.95B in Buses, making it the 2nd largest exporter of Buses in the world. At the same year, Buses was the 77th most exported product in Japan. The main destination of Buses exports from Japan are: Philippines ($249M), United Arab Emirates ($196M), South Africa ($194M), Australia ($112M), and Kuwait ($102M).

The fastest growing export markets for Buses of Japan between 2021 and 2022 were United Arab Emirates ($88.4M), Kuwait ($52.3M), and Philippines ($43.9M).

Imports In 2022, Japan imported $42.5M in Buses, becoming the 71st largest importer of Buses in the world. At the same year, Buses was the 765th most imported product in Japan. Japan imports Buses primarily from: China ($21.6M), United Arab Emirates ($16.7M), Belgium ($1.21M), France ($1.14M), and Chinese Taipei ($1.12M).

The fastest growing import markets in Buses for Japan between 2021 and 2022 were China ($16.3M), Chinese Taipei ($1.03M), and France ($725k).

COMPANIES In 2023, leading companies such as KUBOTA ENGINE AMERICA CORPORATION (10k) and BROTHER INTERNATIONAL CORPORATION (220) were at the forefront of shipping Buses from Japan to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Japan's Buses exports accounted up to ¥25.7B and imports accounted up to ¥2.05B, resulting in a positive trade balance of ¥23.6B. Between January 2023 and January 2024 the exports of Japan's Buses have increased by ¥6.59B (34.6%) from ¥19.1B to ¥25.7B, while imports increased by ¥1.4B (217%) from ¥647M to ¥2.05B.

Destinations In January 2024, Buses were exported mostly to Philippines (¥5.32B), United Arab Emirates (¥2.79B), South Africa (¥2.52B), Indonesia (¥1.71B), and Thailand (¥1.55B), and were imported mostly from China (¥1.92B), Malaysia (¥106M), and France (¥28.6M).

Growth In January 2024, the increase in Buses's year-by-year exports was explained primarily by an increase in exports to Philippines (¥875M or 54.2%), Mexico (¥681M or 77.3%), and Saudi Arabia (¥624M or 126%). In January 2024, the increase in Buses's year-by-year imports was explained primarily by an increase in imports from China (¥442M or 1.61k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥6.59B(34.6%)

IMPORT GROWTH (January 2023 - January 2024)¥1.4B(217%)

MAIN EXPORTER (January 2024)Aichi¥21.2B

MAIN DESTINATION (January 2024)Philippines¥5.32B

This section shows Buses'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 Buses over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.95B

IMPORTS (2022)$42.5M

NET TRADE (2022)$1.91B

In 2022, Japan exported $1.95B in Buses. The main destinations of Japan exports on Buses were Philippines ($249M), United Arab Emirates ($196M), South Africa ($194M), Australia ($112M), and Kuwait ($102M).

In 2022, Japan imported $42.5M in Buses, mainly from China ($21.6M), United Arab Emirates ($16.7M), Belgium ($1.21M), France ($1.14M), and Chinese Taipei ($1.12M).

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