Cars in 
Japan 2019 Exports | Imports : $103B | $11.9B, World Rnk 2 / 221 Rnk 1 / 1200 | World Rnk 13 / 225 Rnk 9 / 1211
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.69B | $392M, Saudi Arabia | United States
2019 ECONOMIC COMPLEXITY of Japan: 2.23, Rnk 1 / 147
2019 PRODUCT COMPLEXITY IN Cars: 0.84, Rnk 237 / 1029
Exports: In 2019, Japan exported $103B in Cars, making it the 2nd largest exporter of Cars in the world. At the same year, Cars was the 1st most exported product in Japan. The main destination of Cars exports from Japan are: United States ($39.2B), China ($7.51B), Australia ($5.35B), United Arab Emirates ($3.79B), and Saudi Arabia ($3.72B).
The fastest growing export markets for Cars of Japan between 2018 and 2019 were Saudi Arabia ($1.69B), China ($1.48B), and Belgium ($707M).
Imports: In 2019, Japan imported $11.9B in Cars, becoming the 13th largest importer of Cars in the world. At the same year, Cars was the 9th most imported product in Japan. Japan imports Cars primarily from: Germany ($5.17B), United Kingdom ($1.33B), United States ($1.09B), Italy ($707M), and South Africa ($430M).
The fastest growing import markets in Cars for Japan between 2018 and 2019 were United States ($392M), Mexico ($188M), and United Arab Emirates ($137M).
Overview: In May 2021 Japan's Cars exports accounted up to ¥654B and imports accounted up to ¥142B, resulting in a positive trade balance of ¥512B. Between May 2020 and May 2021 the exports of Japan's Cars have increased by ¥379B (138%) from ¥274B to ¥654B, while imports increased by ¥71.1B (100%) from ¥70.8B to ¥142B.
Destinations: In May 2021, Cars were exported mostly to United States (¥229B), China (¥69B), Australia (¥54.9B), Canada (¥42.1B), and Taiwan (¥19.5B), and were imported mostly from Germany (¥54.6B), United States (¥14.3B), Austria (¥8.8B), United Kingdom (¥8.17B), and Italy (¥7.59B).
Growth: In May 2021, the increase in Cars's year-by-year exports was explained primarily by an increase in exports to United States (¥164B or 251%), Australia (¥39.8B or 263%), and Canada (¥33.3B or 374%). In May 2021, the increase in Cars's year-by-year imports was explained primarily by an increase in imports from Germany (¥21.6B or 65.2%), United States (¥10.4B or 270%), and Austria (¥4.77B or 118%).
EXPORT GROWTH (May 2020 - May 2021): ¥379B, (138%)
IMPORT GROWTH (May 2020 - May 2021): ¥71.1B, (100%)
MAIN EXPORTER (May 2021): Aichi, ¥321B
MAIN DESTINATION (May 2021): United States, ¥229B
This section shows Cars'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 Cars over time.
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EXPORTS (2019): $103B
IMPORTS (2019): $11.9B
NET TRADE (2019): $91.5B
In 2019, Japan exported $103B in Cars. The main destinations of Japan exports on Cars were United States ($39.2B), China ($7.51B), Australia ($5.35B), United Arab Emirates ($3.79B), and Saudi Arabia ($3.72B).
In 2019, Japan imported $11.9B in Cars, mainly from Germany ($5.17B), United Kingdom ($1.33B), United States ($1.09B), Italy ($707M), and South Africa ($430M).
IN 2019, Japan HAD A POSITIVE NET TRADE IN Cars WITH:
THE FASTEST GROWING Cars EXPORT MARKETS FOR Japan WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Japan WERE (2018 - 2019):
In 2018, Japan's main exporting competitors in Cars were:
In 2018, Japan's main importing competitors in Cars were:
In 2018, the tariffs for Cars in the imports of Japan were of 0% around the world.
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