Port of Nagoya Becomes Japan’s Top Export Hub

Port of Nagoya Becomes Japan’s Top Export Hub

The Port of Nagoya in central Japan overtook Narita International Airport near Tokyo to become the biggest export hub among the nation’s airports and seaports for the first time last year in terms of value, according to figures from Tokyo Customs and Nagoya Customs.

In 2012, the Port of Nagoya’s exports rose for the third straight year, growing 6.7 percent to 9.673 trillion yen ($102.9 billion), while Narita International Airport’s exports fell for the second consecutive year, tumbling 15.0 percent to 7.841 trillion yen ($83.4 billion).

The growth in the Port of Nagoya’s overseas shipments in 2012 was led by autos and auto parts, which jumped 18.2 percent and 9.1 percent, respectively. The port’s shipments of autos and auto parts totaled 4.125 trillion yen ($43.9 billion), accounting for 42.6 percent of its overall exports in 2012.

The Port of Nagoya shipped 1.593 trillion yen ($16.9 billion) worth of goods to the United States, its biggest export market, last year, up 23.0 percent from a year earlier.

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Nagoya City is the capital of Aichi Prefecture, home to many auto-related companies, including Toyota Motor Corp.

The Port of Yokohama was the third-biggest export hub in Japan in 2012, shipping 6.771 trillion yen ($72.0 billion) worth of products to the rest of the world, down 3.4 percent from 2011.

Narita International Airport retained its status as the largest import hub among the Japanese airports and seaports last year. Its imports from foreign countries rose for the first time in two years, increasing 2.0 percent to 9.425 trillion yen ($100.3 billion).

The Port of Tokyo was Japan’s second-largest import hub, importing 8.456 trillion yen ($90.0 billion) worth of goods from foreign countries, up 3.9 percent. The Port of Nagoya was Japan’s third-largest import hub, at 4.641 trillion yen ($49.4 billion), up 5.8 percent.