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 (Â¥464B), Australia (Â¥87.5B), China (Â¥56.7B), Saudi Arabia (Â¥45.1B), and Russia (Â¥35.7B), and were imported mostly from Germany (Â¥53B), United States (Â¥12.9B), Austria (Â¥9.3B), Spain (Â¥8.76B), and South Africa (Â¥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 (Â¥9.01B or 148%), Australia (Â¥8.41B or 14.1%), and Israel (Â¥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 (Â¥6.83B or 135%), China (Â¥1.91B or 261%), and Poland (Â¥1.59B or 293%).