Overview: In May 2021 Aichi exported ¥1.2T and imported ¥587B, resulting in a positive trade balance of ¥616B. Between May 2020 and May 2021 the exports of Aichi have increased by $527B (78%) from ¥676B to ¥1.2T, while imports increased by ¥140B (31.4%) from ¥446B to ¥587B.
Trade: In May 2021, the top exports of Aichi were Cars (¥321B), Vehicle Parts (¥166B), Commodities not elsewhere specified (¥29.1B), Thermostats (¥21.5B), and Integrated Circuits (¥20.9B). In May 2021 the top imports of Aichi were Cars (¥81.6B), Petroleum Gas (¥24.6B), Insulated Wire (¥23.1B), Crude Petroleum (¥22.5B), and Raw Aluminium (¥22.5B).
Destinations: In May 2021, Aichi exported mostly to United States (¥313B), China (¥227B), Thailand (¥61.7B), Taiwan (¥38.7B), and Canada (¥36.2B), and imported mostly from China (¥149B), United States (¥67.6B), Germany (¥41.3B), Thailand (¥31.9B), and Vietnam (¥28.1B).
Growth: In May 2021, the increase in Aichi's year-by-year exports was explained primarily by an increase in exports to United States (¥177B or 130%), China (¥34.4B or 17.9%), and Canada (¥30.3B or 507%), and product exports increase in Cars (¥164B or 104%), Vehicle Parts (¥100B or 152%), and Commodities not elsewhere specified (¥12.2B or 72.4%). In May 2021, the increase in Aichi's year-by-year imports was explained primarily by an increase in imports from Qatar (¥17.2B or 416%), Australia (¥16.2B or 178%), and United States (¥14B or 26.2%), and product imports increase in Cars (¥42.2B or 107%), Crude Petroleum (¥13.6B or 154%), and Refined Petroleum (¥11.3B or 627%).