Buses in Japan

EXPORTS (2019): $2.51B, World Rnk 2 / 142
Flag Rnk 62 / 1200

TOP DESTINATION (2019): $559M, Philippines

FASTEST GROWING MARKET (2018 - 2019): $138M, Philippines

IMPORTS (2019): $45.7M, World Rnk 76 / 216
Flag Rnk 735 / 1211

TOP ORIGIN (2019): $16.9M, United Arab Emirates

FASTEST GROWING ORIGIN (2018 - 2019): $16.8M, United Arab Emirates

ECONOMIC COMPLEXITY of Japan (2019): 2.23, Rnk 1 / 147

PRODUCT COMPLEXITY  IN Buses (2019): 0.34, Rnk 437 / 1029

Exports: In 2019, Japan exported $2.51B in Buses, making it the 2nd largest exporter of Buses in the world. At the same year, Buses was the 62nd most exported product in Japan. The main destination of Buses exports from Japan are: Philippines ($559M), United Arab Emirates ($186M), Thailand ($185M), South Africa ($163M), and Mexico ($123M).

The fastest growing export markets for Buses of Japan between 2018 and 2019 were Philippines ($138M), Saudi Arabia ($65.4M), and Egypt ($53.2M).

Imports: In 2019, Japan imported $45.7M in Buses, becoming the 76th largest importer of Buses in the world. At the same year, Buses was the 735th most imported product in Japan. Japan imports Buses primarily from: United Arab Emirates ($16.9M), Belgium ($9.36M), South Korea ($7.4M), Germany ($6.6M), and China ($2.33M).

The fastest growing import markets in Buses for Japan between 2018 and 2019 were United Arab Emirates ($16.8M), Belgium ($7.87M), and South Korea ($3.89M).

Overview: In March 2021 Japan's Buses exports accounted up to ¥14.1B and imports accounted up to ¥15.7M, resulting in a positive trade balance of ¥14.1B. Between March 2020 and March 2021 the exports of Japan's   Buses have decreased by ¥-11.4B (-44.7%) from ¥25.5B to ¥14.1B, while imports decreased by ¥-606M (-97.5%) from ¥622M to ¥15.7M.

Destinations: In March 2021 Buses exported mostly to South Africa (¥2.37B), Philippines (¥1.04B), Australia (¥1B), Thailand (¥990M), and Egypt (¥971M), and imported mostly from China (¥12.5M), United States (¥3.19M), Vietnam (¥0), Belgium (¥0), and Germany (¥0).

Growth: In March 2021, the decrease in Buses's year-by-year exports was explained primarily by a decrease in exports to Philippines (¥-3.94B or -79.2%), Thailand (¥-1.98B or -66.6%), and United Arab Emirates (¥-1.98B or -70.1%). In March 2021, the decrease in Buses's year-by-year imports was explained primarily by a decrease in imports from Belgium (¥-475M or -100%), United States (¥-125M or -97.5%), and France (¥-19.7M or -100%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (March 2020 - March 2021): ¥-11.4B, (-44.7%)

IMPORT GROWTH (March 2020 - March 2021): ¥-606M, (-97.5%)

MAIN EXPORTER (March 2021): Aichi, ¥11.7B

MAIN DESTINATION (March 2021): South Africa, ¥2.37B

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.

Value

EXPORTS (2019): $2.51B

IMPORTS (2019): $45.7M

NET TRADE (2019): $2.46B

In 2019, Japan exported $2.51B in Buses. The main destinations of Japan exports on Buses were Philippines ($559M), United Arab Emirates ($186M), Thailand ($185M), South Africa ($163M), and Mexico ($123M).

In 2019, Japan imported $45.7M in Buses, mainly from United Arab Emirates ($16.9M), Belgium ($9.36M), South Korea ($7.4M), Germany ($6.6M), and China ($2.33M).

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IN 2019, Japan HAD A POSITIVE NET TRADE IN Buses WITH:

IN 2019, Japan HAD A NEGATIVE NET TRADE IN Buses WITH:

Flow

THE FASTEST GROWING Buses EXPORT MARKETS FOR Japan WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Japan WERE (2018 - 2019):

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Market Concentration

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Type

In 2018, Japan's main exporting competitors in Buses were:

In 2018, Japan's main importing competitors in Buses were:

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Tariffs by Country

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In 2018, the tariffs for Buses in the imports of Japan were of 0% around the world.

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