Overview In October 2022 Japan's Cars exports accounted up to ¥1.06T and imports accounted up to ¥139B, resulting in a positive trade balance of ¥919B. Between October 2021 and October 2022 the exports of Japan's Cars have increased by ¥488B (85.5%) from ¥571B to ¥1.06T, while imports increased by ¥64.7B (86.5%) from ¥74.8B to ¥139B.
Destinations In October 2022, Cars were exported mostly to United States (Â¥392B), China (Â¥82B), Australia (Â¥68.6B), Saudi Arabia (Â¥41.1B), and Canada (Â¥37.4B), and were imported mostly from Germany (Â¥61.7B), China (Â¥10.1B), South Africa (Â¥8.99B), Mexico (Â¥8.06B), and United Kingdom (Â¥7.3B).
Growth In October 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 October 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%).