Vehicles and their parts in Japan

2019
Exports | Imports
: $155B | $23.8B, World Rnk 2 / 225
Flag Rnk 1 / 96 | World Rnk 15 / 225
Flag Rnk 5 / 96

2019
Destination | Origin
: $49.4B | $6.15B, United States | Germany

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $1.94B | $269M, Saudi Arabia |  United Arab Emirates

2019
ECONOMIC COMPLEXITY of Japan
: 2.29, Rnk 1 / 157

2019
PRODUCT COMPLEXITY  IN Vehicles and their parts
: 1.43, Rnk 7 / 96

Exports: In 2019, Japan exported $155B in Vehicles and their parts, making it the 2nd largest exporter of Vehicles and their parts in the world. At the same year, Vehicles and their parts was the 1st most exported product in Japan. The main destination of Vehicles and their parts exports from Japan are: United States ($49.4B), China ($14B), Australia ($7B), Belgium ($5.14B), and United Arab Emirates ($5.01B).

The fastest growing export markets for Vehicles and their parts of Japan between 2018 and 2019 were Saudi Arabia ($1.94B), Belgium ($1.23B), and Oman ($483M).

Imports: In 2019, Japan imported $23.8B in Vehicles and their parts, becoming the 15th largest importer of Vehicles and their parts in the world. At the same year, Vehicles and their parts was the 5th most imported product in Japan. Japan imports Vehicles and their parts primarily from: Germany ($6.15B), China ($4.35B), United States ($1.86B), United Kingdom ($1.47B), and Thailand ($1.46B).

The fastest growing import markets in Vehicles and their parts for Japan between 2018 and 2019 were United Arab Emirates ($269M), United States ($107M), and Mexico ($95.9M).

Tariffs: In 2018, the average tariff for Japan in Vehicles and their parts was 0.038%. The countries with the highest import tariffs for Vehicles and their parts were North Korea (0.13%), Andorra (0.13%), Western Sahara (0.082%), Mayotte (0.082%), and Reunion (0.082%).

Overview: In February 2021 Japan's Vehicles and their parts exports accounted up to Β₯1.21T and imports accounted up to Β₯186B, resulting in a positive trade balance of Β₯1.03T. Between February 2020 and February 2021 the exports of Japan's   Vehicles and their parts have decreased by Β₯-134B (-9.99%) from Β₯1.35T to Β₯1.21T, while imports increased by Β₯41.7B (28.8%) from Β₯144B to Β₯186B.

Destinations: In February 2021 Vehicles and their parts exported mostly to United States (Β₯361B), China (Β₯126B), Australia (Β₯87.7B), Canada (Β₯45.5B), and United Arab Emirates (Β₯33.7B), and imported mostly from China (Β₯41.8B), Germany (Β₯33.4B), Thailand (Β₯26.8B), United States (Β₯11.2B), and United Kingdom (Β₯10.7B).

Growth: In February 2021, the decrease in Vehicles and their parts's year-by-year exports was explained primarily by a decrease in exports to United States (Β₯-77.4B or -17.7%), Spain (Β₯-10.9B or -57.8%), and United Kingdom (Β₯-9.85B or -32.1%). In February 2021, the increase in Vehicles and their parts's year-by-year imports was explained primarily by an increase in imports from China (Β₯23.7B or 131%), Thailand (Β₯9.57B or 55.6%), and United States (Β₯5.34B or 90.5%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (February 2020 - February 2021): Β₯-134B, (-9.99%)

IMPORT GROWTH (February 2020 - February 2021): Β₯41.7B, (28.8%)

MAIN EXPORTER (February 2021): Aichi, Β₯551B

MAIN DESTINATION (February 2021): United States, Β₯361B

This section shows Vehicles and their 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 Vehicles and their parts over time.

Value

EXPORTS (2019): $155B

IMPORTS (2019): $23.8B

NET TRADE (2019): $131B

In 2019, Japan exported $155B in Vehicles and their parts. The main destinations of Japan exports on Vehicles and their parts were United States ($49.4B), China ($14B), Australia ($7B), Belgium ($5.14B), and United Arab Emirates ($5.01B).

In 2019, Japan imported $23.8B in Vehicles and their parts, mainly from Germany ($6.15B), China ($4.35B), United States ($1.86B), United Kingdom ($1.47B), and Thailand ($1.46B).

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IN 2019, Japan HAD A POSITIVE NET TRADE IN Vehicles and their parts WITH:

IN 2019, Japan HAD A NEGATIVE NET TRADE IN Vehicles and their parts WITH:: Germany , -$2.63B ($3.52B - $6.15B)

Flow

THE FASTEST GROWING Vehicles and their parts EXPORT MARKETS FOR Japan WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicles and their parts BY Japan WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Japan's main exporting competitors in Vehicles and their parts were:

In 2018, Japan's main importing competitors in Vehicles and their parts were:

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Tariffs by Country

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In 2018, the average tariff for Japan in Vehicles and their parts was 0.038%.

The countries with the highest tariffs for Vehicles and their parts in Japan were North Korea (0.13%), Andorra (0.13%), Western Sahara (0.082%), Mayotte (0.082%), and Reunion (0.082%).

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