Overview In June 2021 Japan's Vehicle Parts exports accounted up to ¥307B and imports accounted up to ¥64.3B, resulting in a positive trade balance of ¥243B. Between June 2020 and June 2021 the exports of Japan's Vehicle Parts have increased by ¥165B (116%) from ¥142B to ¥307B, while imports increased by ¥23.6B (57.9%) from ¥40.7B to ¥64.3B.
Destinations In June 2021, Vehicle Parts were exported mostly to United States (¥80.6B), China (¥58.7B), Thailand (¥23.3B), Belgium (¥19.4B), and Mexico (¥14.9B), and were imported mostly from China (¥24.2B), Thailand (¥6.94B), Germany (¥5.7B), Vietnam (¥5.28B), and United States (¥3.75B).
Growth In June 2021, the increase in Vehicle Parts's year-by-year exports was explained primarily by an increase in exports to United States (¥51.9B or 181%), Belgium (¥16.1B or 486%), and Thailand (¥16.1B or 224%). In June 2021, the increase in Vehicle Parts's year-by-year imports was explained primarily by an increase in imports from China (¥11.1B or 85%), Vietnam (¥2.93B or 124%), and Thailand (¥2.36B or 51.4%).