Flag Italy / Japan Flag

2019
FlagFlag
Exports
: $8.93B, Rnk 13 / 224

2019
FlagFlag
Top Product
: $1.17B, Processed Tobacco

2019
FlagFlag
Exports
: $4.69B, Rnk 25 / 213

2019
FlagFlag
Top Product
: $870M, Cars

2019
Flag
Economic Complexity (ECI)
: ECI 1.36, Rnk 17 / 146

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

2019
Flag  
GDP
: $2T, CURRENT US$
Rnk 8 / 187

2009-2019
Flag
GDP GROWTH
: -8.56%, CURRENT US$
Rnk 180 / 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 
: $33,228, CURRENT US$
Rnk 29 / 187

2009-2019
Flag
GDP PC GROWTH
: -10.4%, CURRENT US$
Rnk 176 / 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

Italy-Japan In 2019, Italy exported $8.93B to Japan. The main products that Italy exported to Japan are Processed Tobacco ($1.17B), Cars ($707M), and Trunks and Cases ($579M). During the last 24 years the exports of Italy to Japan have increased at an annualized rate of 2.26%, from $5.23B in 1995 to $8.93B in 2019.

In 2018, Italy exported services to Japan worth $1.71B, with Travel ($1.12B), Transportation ($272M), and Other business services ($166M) being the largest in terms of value.

Japan-Italy In 2019, Japan exported $4.69B to Italy . The main products that Japan exported to Italy were Cars ($870M), Motorcycles ($202M), and Oxygen Heterocyclic Compounds ($161M). During the last 24 years the exports of Japan to Italy have increased at an annualized rate of 0.3%, from $4.37B in 1995 to $4.69B in 2019.

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 2019,  Italy ranked 17 in the Economic Complexity Index (ECI 1.36), and 8 in total exports ($525B). 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
Compare to

In 2019, Italy exported $8.93B to Japan. The main products exported from Italy to Japan were Processed Tobacco ($1.17B), Cars ($707M), and Trunks and Cases ($579M). During the last 24 years the exports of Italy to Japan have increased at an annualized rate of 2.26%, from $5.23B in 1995 to $8.93B in 2019.

In 2019, Japan exported $4.69B to Italy. The main products exported from Japan to Italy were Cars ($870M), Motorcycles ($202M), and Oxygen Heterocyclic Compounds ($161M). During the last 24 years the exports of Japan to Italy have increased at an annualized rate of 0.3%, from $4.37B in 1995 to $4.69B in 2019.

Market Competitiveness

#permalink to section
Measure

Italy
Top Destination
: Germany, $64.5B

Japan
Top Destination
: United States, $134B

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 2019, countries that imported more from Italy than Japan were France ($54.9B), Germany ($64.5B), and Spain ($26.7B).

In 2019, countries that imported more from Japan than Italy were China ($128B), United States ($134B), and Chinese Taipei ($41.6B).

Comparative Advantage Italy - Japan

#permalink to section
Depth

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

During 2019, Italy had a large net trade with Japan in the exports of Foodstuffs ($1.74B), Machines ($1.38B), and Textiles ($1.17B).

During 2019, Japan had a large net trade with Italy in the exports of Machines ($1.56B), Transportation ($1.4B), and Chemical Products ($614M).

Tariff Section

#permalink to section

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

In 2017, the products from Italy that paid the highest import tariffs to enter Japan were Sugar beet (178%) and Whey (173%).

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

Bilateral Service Trade

#permalink to section

In 2018, Italy exported services to Japan worth $1.71B, with Travel ($1.12B), Transportation ($272M), and Other business services ($166M) being the largest in terms of value.

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.

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 Italy has comparative advantage over Japan. Similarly, the more red a dot/product is, the more Japan has comparative advantage over Italy.