Flag China / Japan Flag

2019
FlagFlag
Exports
: $152B, Rnk 3 / 209

2019
FlagFlag
Top Product
: $11.6B, Broadcasting Equipment

2019
FlagFlag
Exports
: $128B, Rnk 2 / 213

2019
FlagFlag
Top Product
: $8.5B, Machinery Having Individual Functions

2019
Flag
Economic Complexity (ECI)
: ECI 1.01, Rnk 29 / 146

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

2019
Flag  
GDP
: $14.3T, CURRENT US$
Rnk 2 / 187

2009-2019
Flag
GDP GROWTH
: 181%, CURRENT US$
Rnk 6 / 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 
: $10,262, CURRENT US$
Rnk 71 / 187

2009-2019
Flag
GDP PC GROWTH
: 168%, CURRENT US$
Rnk 2 / 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

China-Japan: In 2019, China exported $152B to Japan. The main products that China exported to Japan are Broadcasting Equipment ($11.6B), Computers ($10.1B), and Office Machine Parts ($4.32B). During the last 24 years the exports of China to Japan have increased at an annualized rate of 6.87%, from $30.8B in 1995 to $152B in 2019.

In 2019, China did not exported services to Japan.

Japan-China: In 2019, Japan exported $128B to China . The main products that Japan exported to China were Machinery Having Individual Functions ($8.5B), Cars ($7.51B), and Integrated Circuits ($7.24B). During the last 24 years the exports of Japan to China have increased at an annualized rate of 7.56%, from $22.3B in 1995 to $128B in 2019.

In 2009, Japan exported services to China worth $16.3B, with Services not allocated ($8.13B), Transportation ($3.44B), and Travel ($2.61B) being the largest in terms of value.

Comparison: In 2019,  China ranked 29 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($2.57T). 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

In 2019, China exported $152B to Japan. The main products exported from China to Japan were Broadcasting Equipment ($11.6B), Computers ($10.1B), and Office Machine Parts ($4.32B). During the last 24 years the exports of China to Japan have increased at an annualized rate of 6.87%, from $30.8B in 1995 to $152B in 2019.

In 2019, Japan exported $128B to China. The main products exported from Japan to China were Machinery Having Individual Functions ($8.5B), Cars ($7.51B), and Integrated Circuits ($7.24B). During the last 24 years the exports of Japan to China have increased at an annualized rate of 7.56%, from $22.3B in 1995 to $128B in 2019.

Market Competitiveness

#permalink to section
Measure

China
Top Destination
: United States, $429B

Japan
Top Destination
: United States, $134B

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

In 2019, countries that imported more from China than Japan were United States ($429B), Hong Kong ($268B), and Germany ($96.9B).

In 2019, countries that imported more from Japan than China were Bahamas ($1.29B), Guam ($230M), and Gibraltar ($87.7M).

Comparative Advantage China - Japan

#permalink to section
Depth

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

During 2019, China had a large net trade with Japan in the exports of Machines ($66.6B), Textiles ($19.4B), and Miscellaneous ($9.47B).

During 2019, Japan had a large net trade with China in the exports of Machines ($52.6B), Chemical Products ($17B), and Transportation ($14.2B).

Tariff Section

#permalink to section

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

In 2018, the products from China that paid the highest import tariffs to enter Japan were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

In 2018, the products from Japan that paid the highest import tariffs to enter China 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 China and Japan are:
125: General duty rate
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

#permalink to section

In 2009, Japan exported services to China worth $16.3B, with Services not allocated ($8.13B), Transportation ($3.44B), and Travel ($2.61B) 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 China has comparative advantage over Japan. Similarly, the more red a dot/product is, the more Japan has comparative advantage over China.