Overview In February 2022 Japan's Cars exports accounted up to ¥824B and imports accounted up to ¥64.5B, resulting in a positive trade balance of ¥759B. Between February 2021 and February 2022 the exports of Japan's Cars have increased by ¥62.2B (8.18%) from ¥761B to ¥824B, while imports decreased by ¥-14.2B (-18.1%) from ¥78.8B to ¥64.5B.
Destinations In February 2022, Cars were exported mostly to United States (¥318B), China (¥77.1B), Australia (¥70.4B), Canada (¥37.5B), and Russia (¥29.5B), and were imported mostly from Germany (¥15.6B), Italy (¥8.23B), China (¥6.16B), Austria (¥5.7B), and South Africa (¥5.03B).
Growth In February 2022, the increase in Cars's year-by-year exports was explained primarily by an increase in exports to Australia (¥8.72B or 17.1%), China (¥7.97B or 13.5%), and Norway (¥4.16B or 150%). In February 2022, the decrease in Cars's year-by-year imports was explained primarily by a decrease in imports from United States (¥-11.1B or -68.7%), Italy (¥-4.22B or -39.3%), and Finland (¥-1.86B or -87%).