Overview In December 2022 Japan's Cars exports accounted up to ¥1.15T and imports accounted up to ¥146B, resulting in a positive trade balance of ¥1.01T. Between December 2021 and December 2022 the exports of Japan's Cars have increased by ¥177B (18.1%) from ¥978B to ¥1.15T, while imports increased by ¥32.5B (28.7%) from ¥113B to ¥146B.
Destinations In December 2022, Cars were exported mostly to United States (¥464B), Australia (¥87.5B), China (¥56.7B), Saudi Arabia (¥45.1B), and Russia (¥35.7B), and were imported mostly from Germany (¥53B), United States (¥12.9B), Austria (¥9.3B), Spain (¥8.76B), and South Africa (¥8.13B).
Growth In December 2022, the increase in Cars's year-by-year exports was explained primarily by an increase in exports to Belgium (¥9.01B or 148%), Australia (¥8.41B or 14.1%), and Israel (¥1.83B or 120%). In December 2022, the increase in Cars's year-by-year imports was explained primarily by an increase in imports from United States (¥6.83B or 135%), China (¥1.91B or 261%), and Poland (¥1.59B or 293%).