Overview: In February 2021 Chūbu exported ¥1.42T and imported ¥707B, resulting in a positive trade balance of ¥709B. Between February 2020 and February 2021 the exports of Chūbu have decreased by $-105B (-6.92%) from ¥1.52T to ¥1.42T, while imports increased by ¥113B (19%) from ¥594B to ¥707B.
Trade: In February 2021, the top exports of Chūbu were Cars (¥368B), Vehicle Parts (¥188B), Commodities not elsewhere specified (¥37.7B), Spark-Ignition Engines (¥33.9B), and Thermostats (¥22.3B). In February 2021 the top imports of Chūbu were Petroleum Gas (¥109B), Cars (¥38.6B), Raw Aluminium (¥26B), Insulated Wire (¥24.3B), and Crude Petroleum (¥18.8B).
Destinations: In February 2021, Chūbu exported mostly to United States (¥346B), China (¥227B), Thailand (¥74.9B), Australia (¥47.4B), and South Korea (¥43.5B), and imported mostly from China (¥177B), United States (¥90B), Thailand (¥45.2B), Australia (¥38B), and Vietnam (¥35.1B).
Growth: In February 2021, the decrease in Chūbu's year-by-year exports was explained primarily by an decrease in exports to United States (¥-43.8B or -11.2%), China (¥-9.62B or -4.07%), and Russia (¥-8.37B or -23%), and product exports decrease in Cars (¥-71.2B or -16.2%), Aircraft Parts (¥-14.9B or -57%), and Buses (¥-10.4B or -49.5%). In February 2021, the increase in Chūbu's year-by-year imports was explained primarily by an increase in imports from China (¥101B or 133%), United States (¥16.2B or 21.9%), and Australia (¥8B or 26.7%), and product imports increase in Petroleum Gas (¥36.6B or 50.2%), Raw Aluminium (¥6.75B or 35%), and Vehicle Parts (¥3.98B or 30.6%).