Overview In February 2023 Japan exported ¥7.65T and imported ¥8.55T, resulting in a negative trade balance of ¥898B. Between February 2022 and February 2023 the exports of Japan have increased by ¥465B (6.47%) from ¥7.19T to ¥7.65T, while imports increased by ¥652B (8.25%) from ¥7.9T to ¥8.55T.
Trade In February 2023, the top exports of Japan were Cars (¥1.03T), Commodities not elsewhere specified (¥636B), Integrated Circuits (¥320B), Machines and apparatus of a kind... (¥290B), and Motor vehicles; parts and accessories (8701... (¥259B). In February 2023 the top imports of Japan were Crude Petroleum (¥896B), Petroleum Gas (¥835B), Coal Briquettes (¥652B), Integrated Circuits (¥312B), and Telephones (¥244B).
Origins In February 2023 the exports of Japan were mainly from Aichi (¥1.48T), Chiba (¥1.31T), Osaka (¥941B), Kanagawa (¥746B), and Hyōgo (¥657B), while imports destinations were mainly Chiba (¥2.09T), Tokyo (¥1.09T), Osaka (¥917B), Kanagawa (¥754B), and Aichi (¥746B).
Destinations In February 2023, Japan exported mostly to United States (¥1.46T), China (¥1.32T), South Korea (¥532B), Taiwan (¥522B), and Hong Kong (¥363B), and imported mostly from China (¥1.53T), United States (¥926B), Australia (¥900B), Saudi Arabia (¥417B), and United Arab Emirates (¥364B).
Growth In February 2023, the increase in Japan's year-by-year exports was explained primarily by an increase in exports to United States (¥188B or 14.9%), India (¥64.8B or 53.9%), and Mexico (¥42.4B or 46.9%), and product exports increase in Cars (¥206B or 25%), Commodities not elsewhere specified (¥120B or 23.1%), and Gold (¥50B or 59.7%). In February 2023, the increase in Japan's year-by-year imports was explained primarily by an increase in imports from Australia (¥233B or 34.9%), Indonesia (¥82B or 34.5%), and Saudi Arabia (¥75.4B or 22%), and product imports increase in Coal Briquettes (¥278B or 74.1%), Crude Petroleum (¥85.8B or 10.6%), and Petroleum Gas (¥71.9B or 9.42%).