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Japanese used vehicle exporting is a grey market international trade involving the export of used cars and other vehicles from Japan to other markets around the world since the 1980s. Despite the high cost of transport, the sale of used cars and other vehicles to other countries is still profitable due to the relatively low cost and good ...
Japanese Used Motor Vehicle Exporting Association (JUMVEA) is a trade association that began on September 14, 1995. On June 1, 1997, with the approval of the Ministry of International Trade and Industry , it was incorporated.
The major car exporting countries (which includes both new and used vehicles) are Japan, the EU, USA, and Canada. [1] In the EU, 60% of used cars are marketed in other EU countries. The used car exports in the EU are focused on East Europe, the Caucasus, Central Asia, and Africa. [1]
Japan's move to bar most used-car sales to Russia slammed the brakes on a trade nearing $2 billion annually that had boomed in the shadow of sanctions over Ukraine elsewhere, according to trade ...
Japan's largest trading partner in Africa in 1990 was South Africa, which accounted for 30% of Japan's exports to Africa and 50% of Japan's imports from the region. Because of trading sanctions imposed on South Africa by the United States and other countries, Japan emerged as South Africa's largest trading partner during the 1980s. This ...
Japan 2,299 4 Poland 1,605 5 Czech Republic 1,024 Motor cars and other motor vehicles principally designed for the transport of 10 or fewer persons, incl. station wagons and racing cars (excl. motor vehicles of heading 8702) (8703) 958,738 1 Germany 177,225 2 Japan 110,937 3 China 77,659 4 South Korea 68,680 5 United States 52,261
The imported cars are cheaper than local used cars due to the very low value of used cars in Japan (and to an extent, used products in general), and a much larger range of specifications are available on Japanese models compared to the very limited ranges sold locally – even in comparison to the UK, model ranges of Japanese cars can be very ...
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