2023
Flag  
GDP
$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH
-19.3%CURRENT US$
Rnk 190 / 195
2023
Flag
 GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC 
$33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC
$12,614CURRENT US$
Rnk 80 / 196
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195

About

Japan-China Trade: In 2023, Japan exported $138B to China. The main products that Japan exported to China were Integrated Circuits ($14.6B), Machinery Having Individual Functions ($14.5B), and Cars ($7.39B). Over the past 5 years the exports of Japan to China have decreased at an annualized rate of 2.14%, from $153B in 2018 to $138B in 2023.

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.

China-Japan Trade: In 2023, China exported $169B to Japan. The main products that China exported to Japan were Broadcasting Equipment ($20.1B), Computers ($10B), and Office Machine Parts ($4.28B). Over the past 5 years the exports of China to Japan have decreased at an annualized rate of 0.082%,  from $170B in 2018 to $169B in 2023.

In 2023, China did not export any services to Japan.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $138B to China. The main products exported from Japan to China were Integrated Circuits ($14.6B), Machinery Having Individual Functions ($14.5B), and Cars ($7.39B). During the last 5 years the exports of Japan to China have decreased at an annualized rate of 2.14%, from $153B in 2018 to $138B in 2023.

In 2018, China exported $169B to Japan. The main products exported from China to Japan were Broadcasting Equipment ($20.1B), Computers ($10B), and Office Machine Parts ($4.28B). During the last 5 years the exports of China to Japan have decreased at an annualized rate of 0.082%, from $170B in 2023 to $169B in 2018.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$143B
China
Top Destination
United States$436B

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

In 2023, countries that imported more from Japan than China included Gibraltar ($150M), Guam ($137M), and Northern Mariana Islands ($17.1M).

In 2023, countries that imported more from China than Japan included United States ($436B), Hong Kong ($259B), and Germany ($164B).

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

Comparative Advantage Japan - China

Flow
Scale

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

During 2023, Japan had a large net trade with China in the exports of Machines ($64.7B), Chemical Products ($17.7B), and Metals ($12.5B).

During 2018, China had a large net trade with Japan in the exports of Machines ($80.5B), Textiles ($16.7B), and Miscellaneous ($11.7B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan China+$3BCars
Top Product Potential China Japan+$2.31BTelephones

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 Japan and China. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Japan.

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

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