Overview In October 2022 Japan's Large Construction Vehicles exports accounted up to ¥143B and imports accounted up to ¥2.22B, resulting in a positive trade balance of ¥141B. Between October 2021 and October 2022 the exports of Japan's Large Construction Vehicles have increased by ¥35.1B (32.4%) from ¥108B to ¥143B, while imports decreased by ¥-246M (-9.94%) from ¥2.47B to ¥2.22B.
Destinations In October 2022, Large Construction Vehicles were exported mostly to United States (¥70.9B), Netherlands (¥12.2B), Australia (¥7.25B), Indonesia (¥4.46B), and Canada (¥3.78B), and were imported mostly from China (¥1.12B), United Kingdom (¥706M), Thailand (¥222M), Italy (¥73.8M), and Germany (¥26.7M).
Growth In October 2022, the increase in Large Construction Vehicles's year-by-year exports was explained primarily by an increase in exports to Netherlands (¥2.63B or 50.8%), Australia (¥2.53B or 82.5%), and United States (¥2.46B or 9.65%). In October 2022, the decrease in Large Construction Vehicles's year-by-year imports was explained primarily by a decrease in imports from United States (¥-322M or -41%), United Kingdom (¥-184M or -31.9%), and Brazil (¥-96.3M or -39.3%).