In February 2012, used vehicle exports totaled 80,716 units, up 17.8 percent from a year earlier, showing the fifth consecutive month of year-on-year increase. The February figure also climbed 64.6 percent compared with the previous month.
In January-February period, used vehicle exports totaled 129,739 units, up 18.2 percent compared to the same period last year.
Remarkable increase of exports to Myanmar and Pakistan contributed to the February’s upward results.
Used vehicles bound for Russia, ranked first, were 10,162 units.
Exprots to the second-ranked Myanmar jumped from last year’s 356 units to 9,795 units in this February. The average FOB price of the shipped vehicles also climbed to 880,000 yen.
Exports to United Arab Emirates(U.A.E.), ranked third, rose 19.1 percent to 8,301 units.
Used vehicles bound for New Zealand increased 2.9 percent on the year to 4,672 units, while those for Chile declined 7.7 percent to 4,509 units.
Exports to South Africa slumped 41,8 percent to 4,055 units.
Used cars bound for Pakistan jumped from last year’s 973 vehicles to 3,681 vehicles to 3,681 vehicles.
Remarkable year-on-year increases were also found in exported volume to Kyrgyz (up 67%), Zambia (up74%), Trinidada anda Tobago (up nearly 4-times), Guyana (nearly doubled), Jamaica (nearly doubled), and Namibia (nearly tripled) etc.
In contrast, exports were very weak in Thailand (down 766 percent), Sri Lanka (down 61 percent) and China (off 73 percent).
Meanwhile, Tokyo Electric Power Co. formally agreed in March to receive compensation request from exporters of used vehicles, who were forced to pay fees of radiation measurement of vehicles to be exported to overseas markets.
