Overview: In February 2021 Kanagawa exported ¥615B and imported ¥542B, resulting in a positive trade balance of ¥73B. Between February 2020 and February 2021 the exports of Kanagawa have decreased by $-35.1B (-5.41%) from ¥650B to ¥615B, while imports increased by ¥75.5B (16.2%) from ¥466B to ¥542B.
Trade: In February 2021, the top exports of Kanagawa were Cars (¥76.2B), Delivery Trucks (¥50.8B), Vehicle Parts (¥26B), Commodities not elsewhere specified (¥21.2B), and Medical Instruments (¥17.6B). In February 2021 the top imports of Kanagawa were Petroleum Gas (¥78.1B), Crude Petroleum (¥59.6B), Cars (¥22.1B), Precious Metal Scraps (¥13.7B), and Refined Petroleum (¥12.3B).
Destinations: In February 2021, Kanagawa exported mostly to China (¥135B), United States (¥87.7B), Taiwan (¥36.4B), Thailand (¥32.5B), and South Korea (¥28.7B), and imported mostly from China (¥117B), Australia (¥59.9B), United States (¥43.3B), Thailand (¥40.5B), and Saudi Arabia (¥34B).
Growth: In February 2021, the decrease in Kanagawa's year-by-year exports was explained primarily by an decrease in exports to United States (¥-29.4B or -25.1%), South Korea (¥-7.3B or -20.3%), and Panama (¥-6.59B or -94.3%), and product exports decrease in Cars (¥-34B or -30.8%), Refined Petroleum (¥-9.73B or -62%), and Electric Soldering Equipment (¥-2.15B or -71.3%). In February 2021, the increase in Kanagawa's year-by-year imports was explained primarily by an increase in imports from China (¥69.5B or 146%), Kuwait (¥12.2B or 274%), and Thailand (¥12B or 42.3%), and product imports increase in Cars (¥14.7B or 199%), Precious Metal Scraps (¥12.3B or 868%), and Telephones (¥7.03B or 197%).