Flag Canada / Japan Flag

2021
Flag → Flag
Exports
: $11.9B, Rnk 3 / 218

2021
Flag → Flag
Top Product
: $1.33B, Rapeseed

2021
Flag → Flag
Exports
: $9.62B, Rnk 17 / 211

2021
Flag → Flag
Top Product
: $3.35B, Cars

2021
Flag
Economic Complexity (ECI)
: ECI 0.9, Rnk 32 / 131

2021
Flag
Economic Complexity (ECI)
: ECI 2.06, Rnk 1 / 131

2021
Flag  
GDP
: $1.99T, CURRENT US$
Rnk 9 / 182

2011-2021
Flag
GDP GROWTH
: 11%, CURRENT US$
Rnk 127 / 182

2021
Flag
 GDP
: $4.94T, CURRENT US$
Rnk 3 / 182

2011-2021
Flag
GDP GROWTH
: -20.8%, CURRENT US$
Rnk 173 / 182

2021
Flag
GDP PC 
: $52,051, CURRENT US$
Rnk 16 / 182

2011-2021
Flag
GDP PC GROWTH
: -0.33%, CURRENT US$
Rnk 125 / 182

2021
Flag
GDP PC
: $39,285, CURRENT US$
Rnk 26 / 182

2011-2021
Flag
GDP PC GROWTH
: -19.4%, CURRENT US$
Rnk 161 / 182

Canada-Japan In 2021, Canada exported $11.9B to Japan. The main products that Canada exported to Japan are Rapeseed ($1.33B), Iron Ore ($1.09B), and Copper Ore ($1.03B). During the last 26 years the exports of Canada to Japan have increased at an annualized rate of 1.04%, from $9.07B in 1995 to $11.9B in 2021.

In 2020, Canada exported services to Japan worth $680M, with Transportation ($292M), Travel ($156M), and Royalties and license fees ($92.5M) being the largest in terms of value.

Japan-Canada In 2021, Japan exported $9.62B to Canada. The main products that Japan exported to Canada were Cars ($3.35B), Motor vehicles; parts and accessories (8701 to 8705) ($1.17B), and Large Construction Vehicles ($391M). During the last 26 years the exports of Japan to Canada have increased at an annualized rate of 1.37%, from $6.75B in 1995 to $9.62B in 2021.

In 2009, Japan exported services to Canada worth $4.23B, with Services not allocated ($2.11B), Other business services ($1.09B), and Transportation ($402M) being the largest in terms of value.

Comparison In 2021,  Canada ranked 32 in the Economic Complexity Index (ECI 0.9), and 9 in total exports ($484B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.06), and 4 in total exports ($731B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2021, Canada exported $11.9B to Japan. The main products exported from Canada to Japan were Rapeseed ($1.33B), Iron Ore ($1.09B), and Copper Ore ($1.03B). During the last 26 years the exports of Canada to Japan have increased at an annualized rate of 1.04%, from $9.07B in 1995 to $11.9B in 2021.

In 2021, Japan exported $9.62B to Canada. The main products exported from Japan to Canada were Cars ($3.35B), Motor vehicles; parts and accessories (8701 to 8705) ($1.17B), and Large Construction Vehicles ($391M). During the last 26 years the exports of Japan to Canada have increased at an annualized rate of 1.37%, from $6.75B in 1995 to $9.62B in 2021.

Market Competitiveness

#permalink to section
Color

Canada
Top Destination
: United States, $355B

Japan
Top Destination
: China, $153B

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

In 2021, countries that imported more from Canada than Japan were United States ($355B), United Kingdom ($11.8B), and Norway ($2.73B).

In 2021, countries that imported more from Japan than Canada were China ($153B), Chinese Taipei ($52.5B), and South Korea ($51.1B).

Comparative Advantage Canada - Japan

#permalink to section
Flow
Scale

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

During 2021, Canada had a large net trade with Japan in the exports of Mineral Products ($4.03B), Vegetable Products ($2.36B), and Animal Products ($1.63B).

During 2021, Japan had a large net trade with Canada in the exports of Transportation ($4.97B), Machines ($2.69B), and Metals ($456M).

Bilateral Service Trade

#permalink to section

In 2020, Canada exported services to Japan worth $680M, with Transportation ($292M), Travel ($156M), and Royalties and license fees ($92.5M) being the largest in terms of value.

In 2009, Japan exported services to Canada worth $4.23B, with Services not allocated ($2.11B), Other business services ($1.09B), and Transportation ($402M) 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 yellow.  This mean that the more blue a dot/product is, the more Canada has comparative advantage over Japan. Similarly, the more yellow a dot/product is, the more Japan has comparative advantage over Canada.