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 (¥392B), China (¥82B), Australia (¥68.6B), Saudi Arabia (¥41.1B), and Canada (¥37.4B), and were imported mostly from Germany (¥61.7B), China (¥10.1B), South Africa (¥8.99B), Mexico (¥8.06B), and United Kingdom (¥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 (¥8.72B or 17.1%), China (¥7.97B or 13.5%), and Norway (¥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 (¥27.8B or 83.3%), Thailand (¥12.3B or 471%), and Mexico (¥5.15B or 230%).