2019 Exports | Imports: $103B | $11.9B, World Rnk 2 / 221
Rnk 1 / 1200 | World Rnk 13 / 225 Rnk 9 / 1211
2019 Destination | Origin: $39.2B | $5.17B, United States | Germany
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.69B | $392M, Saudi Arabia | United States
2019 ECONOMIC COMPLEXITY of Japan: 2.29, Rnk 1 / 157
2019 PRODUCT COMPLEXITY IN Cars: 0.84, Rnk 237 / 1029
Exports: In 2019, Japan exported $103B 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 ($39.2B), China ($7.51B), Australia ($5.35B), United Arab Emirates ($3.79B), and Saudi Arabia ($3.72B).
The fastest growing export markets for Cars of Japan between 2018 and 2019 were Saudi Arabia ($1.69B), China ($1.48B), and Belgium ($707M).
Imports: In 2019, Japan imported $11.9B in Cars, becoming the 13th 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 ($5.17B), United Kingdom ($1.33B), United States ($1.09B), Italy ($707M), and South Africa ($430M).
The fastest growing import markets in Cars for Japan between 2018 and 2019 were United States ($392M), Mexico ($188M), and United Arab Emirates ($137M).
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%).
EXPORT GROWTH (February 2020 - February 2021): ¥-125B, (-14.1%)
IMPORT GROWTH (February 2020 - February 2021): ¥9.28B, (13.4%)
MAIN EXPORTER (February 2021): Aichi, ¥351B
MAIN DESTINATION (February 2021): United States, ¥270B
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.
EXPORTS (2019): $103B
IMPORTS (2019): $11.9B
NET TRADE (2019): $91.5B
In 2019, Japan exported $103B in Cars. The main destinations of Japan exports on Cars were United States ($39.2B), China ($7.51B), Australia ($5.35B), United Arab Emirates ($3.79B), and Saudi Arabia ($3.72B).
In 2019, Japan imported $11.9B in Cars, mainly from Germany ($5.17B), United Kingdom ($1.33B), United States ($1.09B), Italy ($707M), and South Africa ($430M).
IN 2019, Japan HAD A POSITIVE NET TRADE IN Cars WITH:
THE FASTEST GROWING Cars EXPORT MARKETS FOR Japan WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Japan WERE (2018 - 2019):
In 2018, Japan's main exporting competitors in Cars were:
In 2018, Japan's main importing competitors in Cars were:
In 2018, the tariffs for Cars in the imports of Japan were of 0% around the world.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v4.0.7 bee