You might have heard that Honda is a net U.S. exporter, sending more U.S.-built cars to international markets than it imports into the U.S. for sale. But don't take the news at face value.
Here's why. The automaker, which includes the Honda brand and its Acura luxury division, declared itself a "net exporter in the U.S. for the first time" on Tuesday by virtue of shipping more U.S.-built cars to international markets than it imported to the U.S. in 2013.
But it only counts imports from Japan — which accounted for 88,537 cars in 2013 — in that tally. Those Japan imports fell below the 108,705 cars that Honda shipped out of the U.S. in 2013, excluding cars sent to Canada. The infographic above is provided by Honda and the line "Honda exported more cars from the U.S. than it imported from Japan" is correct.
That means Honda exported more cars from the U.S., excluding exports to Canada, than it imported from Japan alone in 2013. Did it export more cars from the U.S. than it imported from all countries? Honda won't say, but it's unlikely.