The country is heavily reliant on the export of vehicles because of the higher demands of automotive goods from different international traders across the globe. The country exports passenger cars and other commercial vehicles from top manufacturing companies like Toyota, Nissan, Honda, Mitsubishi, Mazda, and Subaru because the demand for cars and automotive vehicles from such brands has been quite high as compared to other top brands.

The globally rising vehicle exports of the nation are all because of the technology-equipped manufacturing of cars in industries and their inbuilt transportation ports that facilitate the movement of acquired necessities. Some attributing factors behind the growing export growth include Global Economic Recovery Prior to the Pandemic, Boosting Competitiveness, Resilience in Vehicles Trade, and High Demand for Hybrid and Electric Vehicles leading to a staggering export value of 285 billion US dollars in 2023.

Top 10 Vehicles Exports of Japan in 2023

The rapidly producing industrial sectors have shaped the growing global demands of automotive goods from the vehicles exporters of Japan by its efficient manufacturing rate. As per the Japan Vehicles Export Data, the top 10 vehicles exports of the nation in 2023 are discussed below

1. Passenger Cars – Market value of Passenger Cars exports in 2023 – 120 billion US dollars.

2. Trucks – Market value of Trucks exports in 2023 – 60 billion US dollars.

3. Motorcycles – Market value of Motorcycles exports in 2023 – 45 billion US dollars.

4. Auto Parts – Market value of Auto Parts exports in 2023 – 30 billion US dollars.

5. Buses – Market value of Buses exports in 2023 – 25 billion US dollars.

6. Special Purpose Vehicles – Market value of Special Purpose Vehicles exports in 2023 – 20 billion US dollars.

7. Miniature Vehicles – Market value of Miniature Vehicles exports in 2023 – 18 billion US dollars.

8. Agricultural Machinery – Market value of Agricultural Machinery exports in 2023 – 15 billion US dollars.

9. Electric Vehicles – Market value of Electric Vehicles exports in 2023 – 14 billion US dollars.

10. Other Vehicles – Market value of Other Vehicles exports in 2023 – 12 billion US dollars.

Top 10 Leading Manufacturing Companies of Vehicles in Japan 2023

The Japan Vehicles Trade Data enlists the below-mentioned companies as the top manufacturers of vehicles in Japan; the valuations are discussed below,

1. Toyota Motor Corporation – Valuation of vehicle exports from Toyota Motor Corporation in 2023 – 100 billion US dollars

Leading Car Exports

• Toyota Corolla
• Toyota RAV4
• Toyota Camry
• Toyota Prius
• Toyota Hilux

2. Honda Motor Co., Ltd. – Valuation of vehicle exports from Honda Motor Co., Ltd. in 2023 – 75 billion US dollars

Leading Car Exports

• Honda Civic
• Honda CR-V
• Honda Accord
• Honda Fit (Jazz)
• Honda HR-V

3. Nissan Motor Co., Ltd – Valuation of vehicles exports from Nissan Motor Co., Ltd in 2023 – 60 billion US dollars

Leading Car Exports

• Nissan Rogue/X-Trail
• Nissan Leaf
• Nissan Altima
• Nissan Qashqai
• Nissan Patrol

4. Mitsubishi Motors Corporation – Valuation of vehicle exports from Mitsubishi Motors Corporation in 2023 – 48 billion US dollars

Leading Car Exports

• Mitsubishi Outlander
• Mitsubishi ASX (Outlander Sport)
• Mitsubishi Pajero (Montero/Shogun)
• Mitsubishi Eclipse Cross
• Mitsubishi Lancer

5. Suzuki Motor Corporation – Valuation of vehicles exports from Suzuki Motor Corporation in 2023 – 40 billion US dollars

Leading Car Exports

• Suzuki Vitara
• Suzuki Swift
• Suzuki Alto
• Suzuki Jimny
• Suzuki S-Cross

6. Mazda Motor Corporation – Valuation of vehicle exports from Mazda Motor Corporation in 2023 – 38 billion US dollars

Leading Car Exports

• Mazda CX-5
• Mazda3 (Mazda Axela)
• Mazda MX-5 (Miata)
• Mazda CX-30
• Mazda6 (Mazda Atenza)

7. Isuzu Motors Ltd – Valuation of vehicle exports from Isuzu Motors Ltd in 2023 – 27 billion US dollars

Leading Car Exports

• Isuzu D-Max
• Isuzu MU-X
• Isuzu F-Series
• Isuzu Giga
• Isuzu N-Series (Elf)

8. Subaru Corporation – Valuation of vehicles exports from Subaru Corporation in 2023 – 25 billion US dollars

Leading Car Exports

• Subaru Outback
• Subaru Forester
• Subaru Crosstrek (Subaru XV)
• Subaru Legacy
• Subaru WRX

9. Yamaha Motor Co., Ltd – Valuation of vehicles exports from Yamaha Motor Co., Ltd in 2023 –20 billion US dollars

Leading Car Exports

• Yamaha YZF-R1
• Yamaha MT-07
• Yamaha MT-09
• Yamaha XSR700
• Yamaha TMAX

10. Hino Motors Ltd – Valuation of vehicle exports from Hino Motors Ltd in 2023 – 18 billion US dollars.

Leading Car Exports

• Hino 500 Series
• Hino 300 Series (Dutro)
• Hino 700 Series
• Hino Poncho
• Hino Ranger

Top 10 Vehicle Export Trade Partners of Japan

The top 10 export destinations of vehicles export as per the Japan Export Data are discussed below,

• United States – According to USA Import Data, the Valuation of Vehicles Export To the United States from Japan In 2023 – 50 Billion US Dollars.

• China – According to China Import Data, the Valuation of Vehicles Export To China from Japan In 2023 – 45 Billion US Dollars.

• Canada – According to Canada Import Data, the Valuation of Vehicles Export To Canada from Japan In 2023 – 38 Billion US Dollars.

• Australia – According to Australia Import Data, the Valuation of Vehicles Export To Australia from Japan In 2023 – 28 Billion US dollars.

• Thailand – According to Thailand Import Data, the Valuation of Vehicles Export To Thailand from Japan In 2023 – 20 Billion US Dollars.

• United Kingdom – According to United Kingdom Import Data, the Valuation of Vehicles Export To the United Kingdom from Japan In 2023 – 18 Billion US Dollars.

• Mexico – According to Mexico Import Data, the Valuation of Vehicles Export To Mexico from Japan In 2023 – 15 Billion US Dollars.

• United Arab Emirates – According to United Arab Emirates Import Data, the Valuation of Vehicles Export To the United Arab Emirates from Japan In 2023 – 14 Billion US Dollars.

• Netherlands – According to Netherlands Import Data, the Valuation of Vehicles Export To the Netherlands from Japan In 2023 – 13 Billion US Dollars.

• Russia – According to Russia Import Data, the Valuation of Vehicles Export To Russia from Japan In 2023 – 10 Billion US Dollars.

Growth Rate of Vehicle Exports From Japan in the Last 10 Years

Japan's Vehicle Export Trade Value of 2013 – 117 billion US dollars
Japan Vehicle Export Trade Value of 2014 – 98 billion US dollars
Japan Vehicle Export Trade Value of 2015 – 100 billion US dollars
Japan Vehicle Export Trade Value of 2016 – 120 billion US dollars
Japan Vehicle Export Trade Value of 2017 – 135 billion US dollars
Japan Vehicle Export Trade Value of 2018 – 148 billion US dollars
Japan Vehicle Export Trade Value of 2019 – 118 billion US dollars
Japan Vehicle Export Trade Value of 2020 – 198 billion US dollars
Japan Vehicle Export Trade Value of 2021 – 210 billion US dollars
Japan Vehicle Export Trade Value of 2022 – 220 billion US dollars

FAQ’s

Que. What is the export trade value of vehicles from Japan in 2023?
Ans. The export trade value of vehicles from Japan in 2023 is 285 billion US dollars.

Que. What is the top vehicle export of Japan in 2023?
Ans. Passenger Cars is the top vehicle export of Japan in 2023.

Que. Where can you get the detailed trade analysis of vehicle exports from Japan in 2023?
Ans. At Import Globals, you can get a detailed trade analysis of Japan's vehicle exports in 2023 with values.

www.importglobals.com ; info@importglobals.com