Flag Australia / Japan Flag

2019
FlagFlag
Exports
: $41.5B, Rnk 2 / 208

2019
FlagFlag
Top Product
: $14.7B, Petroleum Gas

2019
FlagFlag
Exports
: $14.9B, Rnk 10 / 213

2019
FlagFlag
Top Product
: $5.35B, Cars

2019
Flag
Economic Complexity (ECI)
: ECI -0.19, Rnk 79 / 146

2019
Flag
Economic Complexity (ECI)
: ECI 2.2, Rnk 1 / 146

2019
Flag  
GDP
: $1.4T, CURRENT US$
Rnk 13 / 187

2009-2019
Flag
GDP GROWTH
: 50.5%, CURRENT US$
Rnk 93 / 187

2019
Flag
 GDP
: $5.08T, CURRENT US$
Rnk 3 / 187

2009-2019
Flag
GDP GROWTH
: -2.86%, CURRENT US$
Rnk 175 / 187

2019
Flag
GDP PC 
: $55,060, CURRENT US$
Rnk 12 / 187

2009-2019
Flag
GDP PC GROWTH
: 28.7%, CURRENT US$
Rnk 95 / 187

2019
Flag
GDP PC
: $40,247, CURRENT US$
Rnk 27 / 187

2009-2019
Flag
GDP PC GROWTH
: -1.49%, CURRENT US$
Rnk 165 / 187

Australia-Japan In 2019, Australia exported $41.5B to Japan. The main products that Australia exported to Japan are Petroleum Gas ($14.7B), Coal Briquettes ($12.7B), and Iron Ore ($5.19B). During the last 24 years the exports of Australia to Japan have increased at an annualized rate of 5.16%, from $12.4B in 1995 to $41.5B in 2019.

In 2018, Australia exported services to Japan worth $1.9B, with Travel ($1.25B), Transportation ($388M), and Other business services ($146M) being the largest in terms of value.

Japan-Australia In 2019, Japan exported $14.9B to Australia . The main products that Japan exported to Australia were Cars ($5.35B), Refined Petroleum ($2.98B), and Delivery Trucks ($1.12B). During the last 24 years the exports of Japan to Australia have increased at an annualized rate of 2.37%, from $8.47B in 1995 to $14.9B in 2019.

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 2019,  Australia ranked 79 in the Economic Complexity Index (ECI -0.19), and 19 in total exports ($284B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.2), and 4 in total exports ($696B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value
Compare to

In 2019, Australia exported $41.5B to Japan. The main products exported from Australia to Japan were Petroleum Gas ($14.7B), Coal Briquettes ($12.7B), and Iron Ore ($5.19B). During the last 24 years the exports of Australia to Japan have increased at an annualized rate of 5.16%, from $12.4B in 1995 to $41.5B in 2019.

In 2019, Japan exported $14.9B to Australia. The main products exported from Japan to Australia were Cars ($5.35B), Refined Petroleum ($2.98B), and Delivery Trucks ($1.12B). During the last 24 years the exports of Japan to Australia have increased at an annualized rate of 2.37%, from $8.47B in 1995 to $14.9B in 2019.

Australia Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Australia
Top Destination
: China, $111B

Japan
Top Destination
: United States, $134B

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 2019, countries that imported more from Australia than Japan were India ($15.3B), New Zealand ($5.81B), and Papua New Guinea ($1.34B).

In 2019, countries that imported more from Japan than Australia were United States ($134B), Chinese Taipei ($41.6B), and South Korea ($44.9B).

Comparative Advantage Australia - Japan

#permalink to section
Depth

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

During 2019, Australia had a large net trade with Japan in the exports of Mineral Products ($34.8B), Animal Products ($2.56B), and Metals ($1.28B).

During 2019, Japan had a large net trade with Australia in the exports of Transportation ($7.04B), Mineral Products ($3.08B), and Machines ($2.01B).

Tariff Section

#permalink to section

This section 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%).

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

Bilateral Service Trade

#permalink to section

In 2018, Australia exported services to Japan worth $1.9B, with Travel ($1.25B), Transportation ($388M), and Other business services ($146M) 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

#permalink to section

Competitive Landscape

#permalink to section

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.