Buses in Japan 2021 Exports | Imports : $1.74B | $33.3M, World Rnk 2 / 149 Rnk 87 / 1206 | World Rnk 75 / 213 Rnk 797 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $103M | $13.7M, South Africa | United Arab Emirates
2021 ECONOMIC COMPLEXITY of Japan: 2.06, Rnk 1 / 131
2021 PRODUCT COMPLEXITY IN Buses: 0.063, Rnk 531 / 1024
Exports In 2021, Japan exported $1.74B in Buses, making it the 2nd largest exporter of Buses in the world. At the same year, Buses was the 87th most exported product in Japan. The main destination of Buses exports from Japan are: South Africa ($248M), Philippines ($206M), Australia ($126M), United Arab Emirates ($107M), and Egypt ($89.5M).
The fastest growing export markets for Buses of Japan between 2020 and 2021 were South Africa ($103M), Australia ($38.3M), and Zambia ($25M).
Imports In 2021, Japan imported $33.3M in Buses, becoming the 75th largest importer of Buses in the world. At the same year, Buses was the 797th most imported product in Japan. Japan imports Buses primarily from: United Arab Emirates ($21.4M), China ($5.3M), Belgium ($2.65M), Spain ($1.66M), and Italy ($558k).
The fastest growing import markets in Buses for Japan between 2020 and 2021 were United Arab Emirates ($13.7M), Spain ($1.66M), and China ($1.31M).
May 2023
Overview In May 2023 Japan's Buses exports accounted up to ¥21B and imports accounted up to ¥282M, resulting in a positive trade balance of ¥20.7B. Between May 2022 and May 2023 the exports of Japan's Buses have increased by ¥4.57B (27.8%) from ¥16.4B to ¥21B, while imports increased by ¥246M (690%) from ¥35.6M to ¥282M.
Destinations In May 2023, Buses were exported mostly to South Africa (¥3.18B), Turkmenistan (¥1.78B), United Arab Emirates (¥1.71B), Philippines (¥1.65B), and Australia (¥1.5B), and were imported mostly from Belgium (¥142M), China (¥135M), Philippines (¥2.98M), and United States (¥1.22M).
Growth In May 2023, the increase in Buses's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (¥1.45B or 263%), Australia (¥985M or 164%), and Philippines (¥906M or 128%). In May 2023, the increase in Buses's year-by-year imports was explained primarily by an increase in imports from China (¥25.2M or 1.18k%).
EXPORT GROWTH (May 2022 - May 2023): ¥4.57B, (27.8%)
IMPORT GROWTH (May 2022 - May 2023): ¥246M, (690%)
MAIN EXPORTER (May 2023): Aichi, ¥24.5B
MAIN DESTINATION (May 2023): South Africa, ¥3.18B
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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EXPORTS (2021): $1.74B
IMPORTS (2021): $33.3M
NET TRADE (2021): $1.7B
In 2021, Japan exported $1.74B in Buses. The main destinations of Japan exports on Buses were South Africa ($248M), Philippines ($206M), Australia ($126M), United Arab Emirates ($107M), and Egypt ($89.5M).
In 2021, Japan imported $33.3M in Buses, mainly from United Arab Emirates ($21.4M), China ($5.3M), Belgium ($2.65M), Spain ($1.66M), and Italy ($558k).
THE FASTEST GROWING Buses EXPORT MARKETS FOR Japan WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Japan WERE (2020 - 2021):
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