The automotive industry is one of the largest in the entire world, with tens of millions of cars being both built and sold around the world every year. Some of the biggest car producers include the United States, Germany, and Japan, which make some of the world’s most popular car brands. One may consider Japan in particular, which became an economic powerhouse in the 20th century and makes staple brands such as Honda, Toyota, Nissan, and Subaru, among others. Across the Pacific Ocean, the United States stands as one of Japan’s large trade partners, and many Japanese import cars are accepted in the United States every year. Many American consumers look for popular Japanese brands of cars or trucks to buy, and many dealers may offer these cars on their lots. But that’s not all. The auto aftermarket is formidable, and owners of Honda, Toyota, or Nissan cars may look for
The United States imports a variety of goods from all over the world. In 2016, however, Japan was actually the fourth largest supplier of goods to this country. When taking the total dollar amount of these goods into account, they were valued at $132.2 billion.
What the United States Imports From JapanWhile the United States did import other types of goods from Japan during 2016, some were more prevalent than others. Here are the top-three Japanese imports and their dollar values:
- Vehicles: $50 billion
- Machinery: $29 billion
- Electrical machinery: $16 billion