Japan | Imports and Exports | World | Parts and accessories of the motor vehicles of headings 8701 to 8705 | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" from Japan totalled $ 27 billion in 2023. Sales of commodity group 8708 from Japan decreased by 5.97% in value terms compared to 2022. exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" decreased by $ 1.72 billion (cumulative exports of commodity group 8708 from Japan amounted $28 billion in 2022)
Exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" amounted to 3.78% of total exports from Japan (cumulative merchandise exports from Japan totalled $ 717 billion in 2023). The share of commodity group 8708 in total exports from Japan decreased by 0.085 p.p. compared to 2022 (it was 3.86% in 2022 and cumulative exports from Japan were equal to $ 746 billion).
Exports of commodity group 8708 amounted to 17.2% 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 8708 in sales of commodity group from Japan lowered by 4.01 p.p. compared to 2022 (it was 21% in 2022, and exports of commodity group from Japan were $135 billion).
Where does Japan export Parts and accessories of the motor vehicles of headings 87.01 to 87.05?
Top export destinations of "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" from Japan in 2023:
- USA with a share of 27% (7.49 billion US$)
- China with a share of 11.9% (3.24 billion US$)
- Thailand with a share of 9.41% (2.55 billion US$)
- Indonesia with a share of 5.53% (1.5 billion US$)
- Mexico with a share of 5.28% (1.43 billion US$)
- Netherlands with a share of 4.14% (1.12 billion US$)
- Brazil with a share of 3.6% (979 million US$)
- Canada with a share of 3.6% (978 million US$)
- India with a share of 2.85% (774 million US$)
- Malaysia with a share of 2.82% (767 million US$)
Exports structure of 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05 - from Japan in 2023 represented by the following main commodity groups:
- 49% (13.4 billion US$): 870840 - Vehicle parts; gear boxes and parts thereof
- 11.4% (3.11 billion US$): 870899 - Vehicle parts and accessories; n.e.s. in heading no. 8708
- 9.22% (2.5 billion US$): 870829 - Parts & accessories of bodies (incl. cabs) of the motor vehicles of 87.01-87.05, n.e.s. in 87.08
- 8.65% (2.35 billion US$): 870850 - Vehicle parts; drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof
- 3.7% (1 billion US$): 870880 - Vehicle parts; suspension systems and parts thereof (including shock-absorbers)
- 3.12% (849 million US$): 870894 - Vehicles; parts, steering wheels, columns and boxes
- 2.89% (785 million US$): 870893 - Vehicle parts; clutches and parts thereof
- 1.18% (321 million US$): 870810 - Bumpers & parts thereof of the motor vehicles of 87.01-87.05
- 1.06% (288 million US$): 870870 - Vehicle parts; road wheels and parts and accessories thereof
- 0.971% (263 million US$): 870892 - Vehicle parts; silencers (mufflers) and exhaust pipes; parts thereof
The value of imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" to Japan totalled $ 8.38 billion in 2023. Sales of commodity group 8708 to Japan went up by 10.9% compared to 2022: imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" went up by $ 829 million (the value of imports of commodity group 8708 to Japan was equal to $7.55 billion in 2022)
Imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" accounted for 1.11% of total import flow to Japan (in 2023, total imports to Japan amounted to $ 751 billion). The share of commodity group 8708 in total imports to Japan increased by 0.274 p.p. compared to 2022 (it was 0.841% in 2022 and cumulative imports to Japan were equal to $ 898 billion).
Imports of commodity group 8708 reached 33% 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 8708 in imports of commodity group to Japan went down by 0.513 p.p. compared to 2022 (it was 34% in 2022, and imports of commodity group to Japan accounted for $22 billion).
Where does Japan import Parts and accessories of the motor vehicles of headings 87.01 to 87.05 from?
Top trading partners (import of "Parts and accessories of the motor vehicles of headings 87.01 to 87.05") of Japan in 2023:
- China with a share of 45% (3.78 billion US$)
- Thailand with a share of 10.6% (894 million US$)
- Vietnam with a share of 6.31% (529 million US$)
- Germany with a share of 6.08% (510 million US$)
- Korea with a share of 5.24% (439 million US$)
- USA with a share of 3.97% (333 million US$)
- Indonesia with a share of 3.72% (312 million US$)
- Mexico with a share of 3.4% (285 million US$)
- India with a share of 2.78% (233 million US$)
- Other Asia, nes with a share of 2.34% (196 million US$)
Imports structure of 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05 - to Japan in 2023 represented by the following main commodity groups:
- 17.2% (1.44 billion US$): 870870 - Vehicle parts; road wheels and parts and accessories thereof
- 15.1% (1.27 billion US$): 870829 - Parts & accessories of bodies (incl. cabs) of the motor vehicles of 87.01-87.05, n.e.s. in 87.08
- 12.7% (1.07 billion US$): 870899 - Vehicle parts and accessories; n.e.s. in heading no. 8708
- 11.1% (937 million US$): 870840 - Vehicle parts; gear boxes and parts thereof
- 6.06% (508 million US$): 870894 - Vehicles; parts, steering wheels, columns and boxes
- 4.56% (382 million US$): 870880 - Vehicle parts; suspension systems and parts thereof (including shock-absorbers)
- 3.86% (324 million US$): 870850 - Vehicle parts; drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof
- 2.98% (250 million US$): 870821 - Safety seat belts of the motor vehicles of 87.01-87.05
- 2.82% (236 million US$): 870893 - Vehicle parts; clutches and parts thereof
- 2.16% (181 million US$): 870891 - Vehicles; parts, radiators
