Overview In February 2022 Japan's Vehicle Parts exports accounted up to ¥293B and imports accounted up to ¥68.1B, resulting in a positive trade balance of ¥224B. Between February 2021 and February 2022 the exports of Japan's Vehicle Parts have increased by ¥7.47B (2.62%) from ¥285B to ¥293B, while imports decreased by ¥-315M (-0.46%) from ¥68.4B to ¥68.1B.
Destinations In February 2022, Vehicle Parts were exported mostly to United States (Â¥65.2B), China (Â¥53.8B), Thailand (Â¥25.9B), Belgium (Â¥21B), and Indonesia (Â¥18.6B), and were imported mostly from China (Â¥27.1B), Thailand (Â¥8.85B), Vietnam (Â¥4.97B), Germany (Â¥3.82B), and South Korea (Â¥3.61B).
Growth In February 2022, the increase in Vehicle Parts's year-by-year exports was explained primarily by an increase in exports to China (Â¥4.23B or 10.3%), Netherlands (Â¥1.91B or 23.9%), and Germany (Â¥1.71B or 62.5%). In February 2022, the decrease in Vehicle Parts's year-by-year imports was explained primarily by a decrease in imports from China (Â¥-2.13B or -7.21%), Mexico (Â¥-1.7B or -49.2%), and Germany (Â¥-1.31B or -22.5%).