Cars in Japan | OEC - The Observatory of Economic Complexity

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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).

Latest Trends

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February 2022

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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%).

Subnational Monthly Trade

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Time Scale

Flow

Value

EXPORT GROWTH (February 2021 - February 2022): ¥62.2B, (8.18%)

IMPORT GROWTH (February 2021 - February 2022): ¥-14.2B, (-18.1%)

MAIN EXPORTER (February 2022): Aichi, ¥417B

MAIN DESTINATION (February 2022): United States, ¥318B

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

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Trade Balance

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Value

Compare to

Year

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).

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