Vehicle Parts in Japan 2020 Exports | Imports : $28B | $6.64B, World Rnk 4 / 226 Rnk 3 / 1207 | World Rnk 14 / 226 Rnk 15 / 1206
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $85.1M | $47.9M, Belgium | United Arab Emirates
Exports In 2020, Japan exported $28B in Vehicle Parts, making it the 4th largest exporter of Vehicle Parts in the world. At the same year, Vehicle Parts was the 3rd most exported product in Japan. The main destination of Vehicle Parts exports from Japan are: United States ($6.09B), China ($6.04B), Thailand ($2.03B), Belgium ($1.74B), and Mexico ($1.42B).
The fastest growing export markets for Vehicle Parts of Japan between 2019 and 2020 were Belgium ($85.1M), Italy ($19.7M), and Nigeria ($15.7M).
Imports In 2020, Japan imported $6.64B in Vehicle Parts, becoming the 14th largest importer of Vehicle Parts in the world. At the same year, Vehicle Parts was the 15th most imported product in Japan. Japan imports Vehicle Parts primarily from: China ($2.55B), Thailand ($752M), Germany ($532M), South Korea ($453M), and Vietnam ($350M).
The fastest growing import markets in Vehicle Parts for Japan between 2019 and 2020 were United Arab Emirates ($47.9M), France ($14.8M), and Poland ($4.93M).
February 2022
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%).
EXPORT GROWTH (February 2021 - February 2022): ¥7.47B, (2.62%)
IMPORT GROWTH (February 2021 - February 2022): ¥-315M, (-0.46%)
MAIN EXPORTER (February 2022): Aichi, ¥176B
MAIN DESTINATION (February 2022): United States, ¥65.2B
This section shows Vehicle Parts's exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Vehicle Parts over time.
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EXPORTS (2020): $28B
IMPORTS (2020): $6.64B
NET TRADE (2020): $21.3B
In 2020, Japan exported $28B in Vehicle Parts. The main destinations of Japan exports on Vehicle Parts were United States ($6.09B), China ($6.04B), Thailand ($2.03B), Belgium ($1.74B), and Mexico ($1.42B).
In 2020, Japan imported $6.64B in Vehicle Parts, mainly from China ($2.55B), Thailand ($752M), Germany ($532M), South Korea ($453M), and Vietnam ($350M).
IN 2020, Japan HAD A POSITIVE NET TRADE IN Vehicle Parts WITH:
IN 2020, Japan HAD A NEGATIVE NET TRADE IN Vehicle Parts WITH:
THE FASTEST GROWING Vehicle Parts EXPORT MARKETS FOR Japan WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Parts BY Japan WERE (2019 - 2020):
In 2019, Japan's main exporting competitors in Vehicle Parts were:
In 2019, Japan's main importing competitors in Vehicle Parts were:
In 2018, the tariffs for Vehicle Parts in the imports of Japan were of 0% around the world.
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