Flag Australia / Japan Flag

Exports Flag β†’ Flag  (2018): $27.6B, Rnk 2 / 206

Top Product Flag β†’ Flag (2018): $13.8B, Coal Briquettes

Exports Flag β†’ Flag (2018): $16.6B, Rnk 9 / 207

Top Product Flag β†’ Flag (2018): $6.25B, Cars

Economic Complexity of Flag (2018): ECI -0.093, Rnk 73 / 137

Economic Complexity of Flag (2018): ECI 2.17, Rnk 1 / 137

GDP Flag (2018): $1.43T, CURRENT US$
Rnk 13 / 196

GDP GROWTH Flag (2008-2018): 36%, CURRENT US$
Rnk 105 / 196

GDP Flag (2018): $4.97T, CURRENT US$
Rnk 3 / 196

GDP GROWTH Flag (2008-2018): -1.32%, CURRENT US$
Rnk 169 / 196

GDP PC Flag (2018): $57,374, CURRENT US$
Rnk 12 / 196

GDP PC GROWTH Flag (2008-2018): 15.7%, CURRENT US$
Rnk 111 / 196

GDP PC Flag (2018): $39,290, CURRENT US$
Rnk 27 / 196

GDP PC GROWTH Flag (2008-2018): -0.13%, CURRENT US$
Rnk 146 / 196

Australia-Japan: In 2018, Australia exported $27.6B to Japan. The main products exported from Australia to Japan were Coal Briquettes ($13.8B), Iron Ore ($4.08B), and Copper Ore ($1.32B). During the last 23 years the exports of Australia to Japan have increased at an annualized rate of 3.33%, from $13B in 1995 to $27.6B in 2018. In 2018, Australia exported services to Japan worth $1.82B, with Travel ($1.2B), Transportation ($373M), and Other business services ($130M) being the largest in terms of value.

Japan-Australia: In 2018, Japan exported $16.6B to Australia. The main products exported from Japan to Australia were Cars ($6.25B), Refined Petroleum ($2.33B), and Delivery Trucks ($1.46B). During the last 23 years the exports of Japan to Australia have increased at an annualized rate of 2.78%, from $8.83B in 1995 to $16.6B in 2018. In 2009, Japan exported services to Australia worth $5.7B, with Services not allocated ($2.84B), Other business services ($966M), and Construction services ($674M) being the largest in terms of value.

Comparison: In 2018, Australia ranked 73 in the Economic Complexity Index (ECI -0.093), and 24 in total exports ($248B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.17), and 4 in total exports ($713B). In terms of GDP Per Capita, Australia was ranked 12 with a GDP Per Capita of $57,374, and Japan was ranked 27 with a GDP Per Capita of $39,290.

Bilateral Trade by Products

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Depth
Value

In 2018, Australia exported $27.6B to Japan. The main products exported from Australia to Japan were Coal Briquettes ($13.8B), Iron Ore ($4.08B), and Copper Ore ($1.32B). During the last 23 years the exports of Australia to Japan have increased at an annualized rate of 3.33%, from $13B in 1995 to $27.6B in 2018.

In 2018, Japan exported $16.6B to Australia. The main products exported from Japan to Australia were Cars ($6.25B), Refined Petroleum ($2.33B), and Delivery Trucks ($1.46B). During the last 23 years the exports of Japan to Australia have increased at an annualized rate of 2.78%, from $8.83B in 1995 to $16.6B in 2018.

Market Competitiveness

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Measure

Australia
Top Destination
: China, $87.9B

Japan
Top Destination
: China, $139B

This map shows whether countries import more from Australia or Japan. Each country is colored based on the difference in imports they receive from Australia and Japan or the difference in the growth in imports.

In 2018, countries that imported more from Australia than Japan were India ($18.9B), New Zealand ($5.75B), and Papua New Guinea ($1.34B).

In 2018, countries that imported more from Japan than Australia were United States ($135B), China ($139B), and Chinese Taipei ($41.1B).

Comparative Advantage Australia - Japan

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Depth

This chart compares trade between Australia and Japan by product, considering products traded by both, Australia and Japan.

During 2018, Australia had a large net trade with Japan in the exports of Mineral Products ($20.3B), Animal Products ($2.6B), and Metals ($1.7B).

During 2018, Japan had a large net trade with Australia in the exports of Transportation ($8.3B), Mineral Products ($2.42B), and Machines ($2.33B).

Tariff Section

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This sections shows import tariffs for products traded between Australia and Japan (using the HS6 product classification and the last year reported).

In 2018, the products from Australia that paid the highest import tariffs to enter Japan were Mens, boys suits, of wool or hair, not knit (5%) and Mens, boys suits, synthetic fibres, not knit (5%).

In 2018, the products from Japan that paid the highest import tariffs to enter Australia were Glucose including syrup of 20%-50% dry weight fructos (43.3%) and Fructose, syrup > 50% fructose, not pure fructose (43.3%).

Explore Tariff Data

*The tariffs present between Australia and Japan are:
136: Most Favoured Nation duty rate treatement
246: Preferential tariff for Japan

Trade Forecasts

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This section shows a forecast for total trade between Australia and Japan. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2018, Australia exported services to Japan worth $1.82B, with Travel ($1.2B), Transportation ($373M), and Other business services ($130M) being the largest in terms of value.

In 2009, Japan exported services to Australia worth $5.7B, with Services not allocated ($2.84B), Other business services ($966M), and Construction services ($674M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Australia has comparative advantage over Japan. Similarly, the more red a dot/product is, the more Japan has comparative advantage over Australia.