2023
Exports
$119BWorld Rnk 2 / 210
Flag Rnk 1 / 1209
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$12.8BWorld Rnk 20 / 225
Flag Rnk 9 / 1209
2023
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $119B 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 ($40.9B), Australia ($8.53B), China ($7.39B), United Arab Emirates ($5.99B), and Belgium ($5.38B).

The fastest growing export markets for Cars of Japan between 2022 and 2023 were United States ($7.45B), Canada ($2.01B), and Australia ($1.8B).

Imports In 2023, Japan imported $12.8B in Cars, becoming the 20th 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 ($4.17B), United States ($1.25B), United Kingdom ($975M), Italy ($929M), and China ($650M).

The fastest growing import markets in Cars for Japan between 2022 and 2023 were Germany ($816M), United States ($393M), and China ($265M).

COMPANIES In 2023, leading companies such as Mazda (451), Nissan (228), and Toyota (47) were at the forefront of shipping Cars from Japan to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥-96.5B(-6.38%)
IMPORT GROWTH (November 2023 - November 2024)¥-1.63B(-1.08%)
MAIN EXPORTER (November 2024)Aichi¥755B
MAIN DESTINATION (November 2024)United States¥486B

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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Historical Data

Trade Balance

Color
EXPORTS (2023)$119B
IMPORTS (2023)$12.8B
NET TRADE (2023)$106B

In 2023, Japan exported $119B in Cars. The main destinations of Japan exports on Cars were United States ($40.9B), Australia ($8.53B), China ($7.39B), United Arab Emirates ($5.99B), and Belgium ($5.38B).

In 2023, Japan imported $12.8B in Cars, mainly from Germany ($4.17B), United States ($1.25B), United Kingdom ($975M), Italy ($929M), and China ($650M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Japan WERE (2022 - 2023):
United States$7.45B (22.3%)
Canada$2.01B (65.3%)
Australia$1.8B (26.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Japan WERE (2022 - 2023):
China-$1.37B (-15.6%)
Russia-$628M (-27%)
Pakistan-$173M (-37.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Cars were:
China $74.5B
In 2023, Japan's main importing competitors in Cars were:

Explore Visualizations

Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3B
TOP IMPORT POTENTIALChina+ $492M

Cars’s highest export potential is China. With an export gap of $3B.   Cars’s highest import potential is China with an import gap of $492M.

See methodology.

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