China (CHN) and Japan (JPN) Trade

About

China-Japan: In 2018, China exported $155B to Japan. The main products exported from China to Japan were Broadcasting Equipment ($13.4B), Computers ($8.74B), and Office Machine Parts ($4.06B). During the last 23 years the exports of China to Japan have increased at an annualized rate of 6.93%, from $33.3B in 1995 to $155B in 2018.

Japan-China: In 2018, Japan exported $139B to China. The main products exported from Japan to China were Machinery Having Individual Functions ($10.4B), Integrated Circuits ($7.96B), and Vehicle Parts ($7.87B). During the last 23 years the exports of Japan to China have increased at an annualized rate of 7.85%, from $24.4B in 1995 to $139B in 2018. 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 2018, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). 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, China was ranked 78 with a GDP Per Capita of $9,771, and Japan was ranked 27 with a GDP Per Capita of $39,290.

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

In 2018, China exported $155B to Japan. The main products exported from China to Japan were Broadcasting Equipment ($13.4B), Computers ($8.74B), and Office Machine Parts ($4.06B). During the last 23 years the exports of China to Japan have increased at an annualized rate of 6.93%, from $33.3B in 1995 to $155B in 2018.

In 2018, Japan exported $139B to China. The main products exported from Japan to China were Machinery Having Individual Functions ($10.4B), Integrated Circuits ($7.96B), and Vehicle Parts ($7.87B). During the last 23 years the exports of Japan to China have increased at an annualized rate of 7.85%, from $24.4B in 1995 to $139B in 2018.

Latest Data

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Date

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Date

Market Competitiveness

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Measure

SectionYear

China
Top Destination: United States, $499B

Japan
Top Destination: China, $139B

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 2018, countries that imported more from China than Japan were United States ($499B), Hong Kong ($282B), and Germany ($96.9B).

In 2018, countries that imported more from Japan than China were Guam ($254M), Gibraltar ($133M), and Northern Mariana Islands ($31.7M).

Comparative Advantage China - Japan

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Depth

Year

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

During 2018, China had a large net trade with Japan in the exports of Machines ($67.9B), Textiles ($20.3B), and Miscellaneous ($9.59B).

During 2018, Japan had a large net trade with China in the exports of Machines ($60B), Chemical Products ($16.2B), and Instruments ($15B).

Tariff Section

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Tariffs

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This sections 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%).

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*The tariffs present between China and Japan are:
125: General duty rate
136: Most Favoured Nation duty rate treatement

Forecasts

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Trade Forecasts

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This section shows a forecast for total trade between China 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.

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Service Trade

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Bilateral Service Trade

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Jpn Year

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

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Competitive Landscape

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Year

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.

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage China - Japan

Tariff Section

Tariffs

Forecasts

Trade Forecasts

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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