NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $10.9BRnk 14 / 219
2023
Flag → Flag
Top Product $1.02BTrunks and Cases
2023
Flag → Flag
Exports $5.89BRnk 23 / 211
2023
Flag → Flag
Top Product $1.09BCars
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag  
GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
Flag
GDP PC $39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC$33,767CURRENT US$
Rnk 38 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195

About

Italy-Japan Trade: In 2023, Italy exported $10.9B to Japan. The main products that Italy exported to Japan were Trunks and Cases ($1.02B), Cars ($929M), and Processed Tobacco ($912M). Over the past 5 years the exports of Italy to Japan have increased at an annualized rate of 1.92%, from $9.88B in 2018 to $10.9B in 2023.

In 2020, Italy exported services to Japan worth $666M, with Travel ($280M), Other business services ($185M), and Transportation ($74.5M) being the largest in terms of value.

Japan-Italy Trade: In 2023, Japan exported $5.89B to Italy. The main products that Japan exported to Italy were Cars ($1.09B), Motorcycles and cycles ($381M), and Hot-Rolled Iron ($348M). Over the past 5 years the exports of Japan to Italy have increased at an annualized rate of 5.96%,  from $4.41B in 2018 to $5.89B in 2023.

In 2009, Japan exported services to Italy worth $1.61B, with Services not allocated ($801M), Transportation ($301M), and Other business services ($250M) being the largest in terms of value.

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Latest Trends

October, 2024

About

Overview In October 2024, Italy exported €694M and imported €331M from Japan, resulting in a positive trade balance of €363M. Between October 2023 and October 2024 the exports of Italy have decreased by €-53M (-7.1%) from €747M to €694M, while imports decreased by €-199M (-37.6%) from €530M to €331M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€-53M(-7.1%)
IMPORT GROWTH (October 2023 - October 2024)€-199M(-37.6%)

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

To check Japan and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Japan and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $10.9B to Japan. The main products exported from Italy to Japan were Trunks and Cases ($1.02B), Cars ($929M), and Processed Tobacco ($912M). During the last 18 years the exports of Italy to Japan have increased at an annualized rate of 8.75%, from $11.4k in 1998 to $10.9B in 2023.

In 2018, Japan exported $5.89B to Italy. The main products exported from Japan to Italy were Cars ($1.09B), Motorcycles and cycles ($381M), and Hot-Rolled Iron ($348M). During the last 5 years the exports of Japan to Italy have increased at an annualized rate of 5.96%, from $4.41B in 2023 to $5.89B in 2018.

Exports from Italy (Flag) to Japan (Flag) (2023)

Exports from Japan (Flag) to Italy (Flag) (2023)

Market Competitiveness

Color
Italy
Top DestinationGermany$71.4B
Japan
Top DestinationUnited States$143B

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

In 2023, countries that imported more from Italy than Japan included France ($61.1B), Germany ($71.4B), and Spain ($30.1B).

In 2023, countries that imported more from Japan than Italy included China ($138B), United States ($143B), and Chinese Taipei ($43B).

Difference in imports from Japan (Flag) and Italy (Flag) (2023)

Comparative Advantage Italy - Japan

Flow
Scale

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

During 2023, Italy had a large net trade with Japan in the exports of Chemical Products ($1.78B), Foodstuffs ($1.6B), and Transportation ($1.3B).

During 2018, Japan had a large net trade with Italy in the exports of Transportation ($1.87B), Machines ($1.62B), and Metals ($715M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Japan+$268MPackaged Medicaments
Top Product Potential Japan Italy+$493MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Italy and Japan. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Italy.

Product Space of Italy (Flag) and Japan (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms