Overview In November 2022 Japan's Cars exports accounted up to ¥1.27T and imports accounted up to ¥160B, resulting in a positive trade balance of ¥1.11T. Between November 2021 and November 2022 the exports of Japan's Cars have increased by ¥360B (39.4%) from ¥913B to ¥1.27T, while imports increased by ¥45B (39.1%) from ¥115B to ¥160B.
Destinations In November 2022, Cars were exported mostly to United States (Â¥474B), China (Â¥93.2B), Australia (Â¥89.6B), Russia (Â¥38.5B), and Canada (Â¥37.4B), and were imported mostly from Germany (Â¥62.3B), Austria (Â¥13.2B), United States (Â¥11.6B), Mexico (Â¥8.92B), and Italy (Â¥8.9B).
Growth In November 2022, the increase in Cars's year-by-year exports was explained primarily by an increase in exports to Australia (Â¥8.72B or 17.1%), China (Â¥7.97B or 13.5%), and Norway (Â¥4.16B or 150%). In November 2022, the increase in Cars's year-by-year imports was explained primarily by an increase in imports from Germany (Â¥27.8B or 83.3%), Thailand (Â¥12.3B or 471%), and Mexico (Â¥5.15B or 230%).