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Pricing

2022
Flag → Flag
Exports $6.61BRnk 19 / 224
2022
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Top Product $808MGas Turbines
2022
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Exports $11.2BRnk 17 / 211
2022
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Top Product $2.11BCars
2022
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Economic Complexity (ECI) ECI 1.38Rnk 12 / 124
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
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 GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
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GDP PC$33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

United Kingdom-Japan In 2022, United Kingdom exported $6.61B to Japan. The main products that United Kingdom exported to Japan are Gas Turbines ($808M), Cars ($733M), and Platinum ($494M). During the last 27 years the exports of United Kingdom to Japan have increased at an annualized rate of 0.11%, from $6.42B in 1995 to $6.61B in 2022.

In 2019, United Kingdom exported services to Japan worth $7.96B, with Financial services ($3.72B), Other business services ($2.02B), and Insurance services ($605M) being the largest in terms of value.

Japan-United Kingdom In 2022, Japan exported $11.2B to United Kingdom. The main products that Japan exported to United Kingdom were Cars ($2.11B), Gold ($723M), and Gas Turbines ($552M). During the last 27 years the exports of Japan to United Kingdom have decreased at an annualized rate of 0.91%, from $14.3B in 1995 to $11.2B in 2022.

In 2009, Japan exported services to United Kingdom worth $22.8B, with Services not allocated ($11.4B), Other business services ($6.16B), and Transportation ($1.65B) being the largest in terms of value.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B).

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £476M and imported £768M from Japan, resulting in a negative trade balance of £293M. Between January 2023 and January 2024 the exports of United Kingdom have increased by £8.21M (1.76%) from £467M to £476M, while imports decreased by £-135M (-15%) from £904M to £768M.

Trade In January 2024, the top exports of United Kingdom to Japan were Cars (£67.3M), Platinum (£58.7M), Gas Turbines (£50.5M), Packaged Medicaments (£37.7M), and Hard Liquor (£13.7M). In January 2024 the top imports of United Kingdom from Japan were Cars (£194M), Silver (£66.7M), Gas Turbines (£60.1M), Platinum (£54.9M), and Gold (£49.9M).

Origins In January 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£206M), Southampton (£105M), Prestwick Airport (£26.1M), Harwich (£23.3M), and Felixstowe (£20.7M), while imports destinations were mainly London Heathrow Airport (£161M), Southampton (£124M), Avonmouth (£73.8M), and Felixstowe (£45.3M).

Growth In January 2024, the increase in United Kingdom's year-by-year exports to Japan was explained primarily by an increase in product exports in Cars (£26.3M or 64.4%), Pesticides (£5.45M or 2.56k%), and Transmissions (£5.31M or 238%). In January 2024, the decrease in United Kingdom's year-by-year imports  from Japan was explained primarily by an decrease in product imports  in Motor vehicles; parts and accessories (8701... (£-24.9M or -61.7%), Platinum (£-13.8M or -20.1%), and Nickel Mattes (£-11.5M or -33%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)£8.21M(1.76%)
IMPORT GROWTH (January 2023 - January 2024)£-135M(-15%)
MAIN EXPORTER (January 2024)London Heathrow Airport£206M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Japan and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Japan and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $6.61B to Japan. The main products exported from United Kingdom to Japan were Gas Turbines ($808M), Cars ($733M), and Platinum ($494M). During the last 27 years the exports of United Kingdom to Japan have increased at an annualized rate of 0.11%, from $6.42B in 1995 to $6.61B in 2022.

In 2022, Japan exported $11.2B to United Kingdom. The main products exported from Japan to United Kingdom were Cars ($2.11B), Gold ($723M), and Gas Turbines ($552M). During the last 27 years the exports of Japan to United Kingdom have decreased at an annualized rate of 0.91%, from $14.3B in 1995 to $11.2B in 2022.

Exports from United Kingdom (Flag) to Japan (Flag) (2022)

Exports from Japan (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Japan
Top DestinationUnited States$137B

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

In 2021, countries that imported more from United Kingdom than Japan were Netherlands ($41.9B), Ireland ($32.6B), and France ($30.2B).

In 2021, countries that imported more from Japan than United Kingdom were China ($135B), United States ($137B), and Chinese Taipei ($50.1B).

Difference in imports from Japan (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Japan

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Japan in the exports of Machines ($1.86B), Chemical Products ($1.11B), and Transportation ($936M).

During 2022, Japan had a large net trade with United Kingdom in the exports of Machines ($4.06B), Transportation ($2.84B), and Chemical Products ($1.01B).

Service Trade

Bilateral Service Trade

In 2019, United Kingdom exported services to Japan worth $7.96B, with Financial services ($3.72B), Other business services ($2.02B), and Insurance services ($605M) being the largest in terms of value.

In 2009, Japan exported services to United Kingdom worth $22.8B, with Services not allocated ($11.4B), Other business services ($6.16B), and Transportation ($1.65B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Japan (Flag) (2019)

Services Exports from Japan (Flag) to United Kingdom (Flag) (2009)

Economic Complexity

Competitive Landscape

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 United Kingdom has comparative advantage over Japan. Similarly, the more yellow a dot/product is, the more Japan has comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Japan (Flag) (2022)

Keep Exploring

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