Overview: In February 2021 Japan's Cars exports accounted up to ¥761B and imports accounted up to ¥78.6B, resulting in a positive trade balance of ¥683B. Between February 2020 and February 2021 the exports of Japan's Cars have decreased by ¥-125B (-14.1%) from ¥886B to ¥761B, while imports increased by ¥9.28B (13.4%) from ¥69.3B to ¥78.6B.
Destinations: In February 2021 Cars exported mostly to United States (¥270B), Australia (¥72.6B), China (¥71.7B), Canada (¥33.9B), and Saudi Arabia (¥24.2B), and imported mostly from Germany (¥23.4B), Thailand (¥13.3B), United Kingdom (¥8.88B), United States (¥5.98B), and Italy (¥4.16B).
Growth: In February 2021, the decrease in Cars's year-by-year exports was explained primarily by a decrease in exports to United States (¥-68.4B or -20.2%), United Kingdom (¥-9.83B or -39.2%), and Spain (¥-9.19B or -60.5%). In February 2021, the increase in Cars's year-by-year imports was explained primarily by an increase in imports from Thailand (¥8.91B or 201%), United States (¥4.49B or 303%), and China (¥2.59B or 6.22k%).