Cars in Japan 2020 Exports | Imports : $83.1B | $10.3B, World Rnk 2 / 210 Rnk 1 / 1207 | World Rnk 14 / 224 Rnk 9 / 1206
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.17B | $737M, China | Thailand
2020 ECONOMIC COMPLEXITY of Japan: 2.19, Rnk 1 / 127
2020 PRODUCT COMPLEXITY IN Cars: 0.89, Rnk 214 / 1029
Exports In 2020, Japan exported $83.1B 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 ($32.6B), China ($8.69B), Australia ($5.64B), Canada ($2.74B), and Saudi Arabia ($2.56B).
The fastest growing export markets for Cars of Japan between 2019 and 2020 were China ($1.17B), Australia ($290M), and Pakistan ($116M).
Imports In 2020, Japan imported $10.3B in Cars, becoming the 14th 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 ($3.64B), Thailand ($998M), United Kingdom ($930M), United States ($838M), and Italy ($681M).
The fastest growing import markets in Cars for Japan between 2019 and 2020 were Thailand ($737M), Spain ($159M), and Portugal ($111M).
November 2022
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%).
EXPORT GROWTH (November 2021 - November 2022): ¥360B, (39.4%)
IMPORT GROWTH (November 2021 - November 2022): ¥45B, (39.1%)
MAIN EXPORTER (November 2022): Aichi, ¥595B
MAIN DESTINATION (November 2022): United States, ¥474B
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 (2020): $83.1B
IMPORTS (2020): $10.3B
NET TRADE (2020): $72.8B
In 2020, Japan exported $83.1B in Cars. The main destinations of Japan exports on Cars were United States ($32.6B), China ($8.69B), Australia ($5.64B), Canada ($2.74B), and Saudi Arabia ($2.56B).
In 2020, Japan imported $10.3B in Cars, mainly from Germany ($3.64B), Thailand ($998M), United Kingdom ($930M), United States ($838M), and Italy ($681M).
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Japan WERE (2019 - 2020):
In 2020, Japan's main exporting competitors in Cars were:
In 2020, Japan's main importing competitors in Cars were:
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