Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Japan | Imports and Exports | World | Motor cars and other motor vehicles principally designed for the transport of persons, including station wagons and racing cars | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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8703. Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing carsJapanWorldExportsValue (US$)97,460,125,845.0091,688,812,208.0088,542,760,252.0086,047,057,153.0091,899,973,508.0093,381,166,945.4499,131,612,855.7798,012,664,277.0980,962,000,895.8385,544,977,953.1986,572,809,829.90110,654,497,401.22
Value Growth, YoY (%)11.58-5.92-3.43-2.816.801.616.15-1.12-17.395.661.2027.81
ImportsValue (US$)10,892,791,305.0010,608,658,988.0010,402,593,438.008,984,723,373.0010,328,647,112.0011,105,266,559.8412,183,443,544.2812,135,112,236.3510,155,282,617.3811,591,212,929.0710,586,439,114.2912,524,336,285.07
Value Growth, YoY (%)23.43-2.60-1.94-13.6214.957.519.70-0.39-16.3114.13-8.6618.30

The value of exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from Japan totalled $ 110 billion in 2023. Sales of commodity group 8703 from Japan went up by 27% compared to 2022: exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" went up by $ 24 billion (cumulative exports of commodity group 8703 from Japan amounted $86 billion in 2022)

Exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" amounted to 15.4% of total exports from Japan (cumulative merchandise exports from Japan totalled $ 717 billion in 2023). The share of commodity group 8703 in total exports from Japan increased by 3.81 p.p. compared to 2022 (it was 11.5% in 2022 and cumulative exports from Japan were equal to $ 746 billion).

Exports of commodity group 8703 amounted to 70% of total sales of group "" from Japan in 2023 (the value of exports of commodity group from Japan amounted to $157 billion in 2023). The share of exports of commodity group 8703 in sales of commodity group from Japan increased by 6.55 p.p. compared to 2022 (it was 63% in 2022, and exports of commodity group from Japan were $135 billion).

Where does Japan export Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars?

Top export destinations of "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from Japan in 2023:

  • USA with a share of 37% (41 billion US$)
  • Australia with a share of 7.45% (8.24 billion US$)
  • China with a share of 6.06% (6.7 billion US$)
  • Canada with a share of 4.75% (5.26 billion US$)
  • United Kingdom with a share of 3.36% (3.71 billion US$)
  • Saudi Arabia with a share of 3.18% (3.52 billion US$)
  • United Arab Emirates with a share of 2.7% (2.99 billion US$)
  • Germany with a share of 2.21% (2.45 billion US$)
  • Other Asia, nes with a share of 1.98% (2.19 billion US$)
  • Mexico with a share of 1.56% (1.73 billion US$)

Exports structure of 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars - from Japan in 2023 represented by the following main commodity groups:

  • 34% (38 billion US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
  • 16.9% (18.7 billion US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
  • 7.72% (8.54 billion US$): 870322 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1000cc but not >1500cc
  • 3.91% (4.33 billion US$): 870333 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >2500cc
  • 0.49% (542 million US$): 870321 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. not>1000cc
  • 0.321% (356 million US$): 870332 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >1500cc but not >2500cc
  • 0.031% (34 million US$): 870331 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. not >1500cc
  • 0.013% (14.4 million US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles
  • 0.007% (7.79 million US$): 870390 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), n.e.s. in 87.03

The value of imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" to Japan totalled $ 12.5 billion in 2023. Sales of commodity group 8703 to Japan went up by 18.3% compared to 2022: imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" went up by $ 1.93 billion (the value of imports of commodity group 8703 to Japan was equal to $10.5 billion in 2022)

Imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" accounted for 1.66% of total import flow to Japan (in 2023, total imports to Japan amounted to $ 751 billion). The share of commodity group 8703 in total imports to Japan increased by 0.487 p.p. compared to 2022 (it was 1.17% in 2022 and cumulative imports to Japan were equal to $ 898 billion).

Imports of commodity group 8703 reached 50% of total imports of group "" to Japan in 2023 (imports of commodity group to Japan totalled $24 billion in 2023). The share of purchases of commodity group 8703 in total imports of commodity group to Japan increased by 2.4 p.p. compared to 2022 (it was 47% in 2022, and imports of commodity group to Japan accounted for $22 billion).

Where does Japan import Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars from?

Top trading partners (import of "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars") of Japan in 2023:

  • Germany with a share of 33% (4.14 billion US$)
  • USA with a share of 10% (1.25 billion US$)
  • United Kingdom with a share of 7.96% (998 million US$)
  • Italy with a share of 7.5% (940 million US$)
  • Austria with a share of 5.31% (665 million US$)
  • China with a share of 5.2% (652 million US$)
  • Thailand with a share of 4.49% (562 million US$)
  • Mexico with a share of 3.88% (486 million US$)
  • Spain with a share of 3.59% (450 million US$)
  • South Africa with a share of 3.42% (428 million US$)

Imports structure of 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars - to Japan in 2023 represented by the following main commodity groups:

  • 24% (3.1 billion US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
  • 16.4% (2.06 billion US$): 870332 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >1500cc but not >2500cc
  • 14.5% (1.82 billion US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
  • 8.52% (1.06 billion US$): 870333 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >2500cc
  • 7.39% (926 million US$): 870322 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1000cc but not >1500cc
  • 3.08% (385 million US$): 870321 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. not>1000cc
  • 2.06% (258 million US$): 870331 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. not >1500cc
  • 0.164% (20 million US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles
  • 0.008% (1 million US$): 870390 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), n.e.s. in 87.03

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Japan | Imports and Exports | World | Motor cars and other motor vehicles principally designed for the transport of persons, including station wagons and racing cars | Value (US$) and Value Growth, YoY (%) | 2012 - 2023