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 (¥474B), China (¥93.2B), Australia (¥89.6B), Russia (¥38.5B), and Canada (¥37.4B), and were imported mostly from Germany (¥62.3B), Austria (¥13.2B), United States (¥11.6B), Mexico (¥8.92B), and Italy (¥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 (¥8.72B or 17.1%), China (¥7.97B or 13.5%), and Norway (¥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 (¥27.8B or 83.3%), Thailand (¥12.3B or 471%), and Mexico (¥5.15B or 230%).