Overview: In February 2021 Japan's Vehicles and their parts exports accounted up to ¥1.21T and imports accounted up to ¥186B, resulting in a positive trade balance of ¥1.03T. Between February 2020 and February 2021 the exports of Japan's Vehicles and their parts have decreased by ¥-134B (-9.99%) from ¥1.35T to ¥1.21T, while imports increased by ¥41.7B (28.8%) from ¥144B to ¥186B.
Destinations: In February 2021 Vehicles and their parts exported mostly to United States (¥361B), China (¥126B), Australia (¥87.7B), Canada (¥45.5B), and United Arab Emirates (¥33.7B), and imported mostly from China (¥41.8B), Germany (¥33.4B), Thailand (¥26.8B), United States (¥11.2B), and United Kingdom (¥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 (¥-77.4B or -17.7%), Spain (¥-10.9B or -57.8%), and United Kingdom (¥-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 (¥23.7B or 131%), Thailand (¥9.57B or 55.6%), and United States (¥5.34B or 90.5%).