Japan (JPN) and Russia (RUS) Trade

2022

→

Exports $6.48BRnk 27 / 211

2022

→

About

Japan-Russia Trade: In 2022, Japan exported $6.48B to Russia. The main products that Japan exported to Russia were Cars ($2.33B), Large Construction Vehicles ($235M), and Motor vehicles; parts and accessories (8701 to 8705) ($216M). Over the past 5 years the exports of Japan to Russia have increased at an annualized rate of 41.9%, from $1.13B in 2017 to $6.48B in 2022.

In 2009, Japan exported services to Russia worth $601M, with Services not allocated ($297M), Transportation ($95.7M), and Other business services ($67.8M) being the largest in terms of value.

Russia-Japan Trade: In 2022, Russia exported $11.4B to Japan. The main products that Russia exported to Japan were Petroleum Gas ($4.48B), Coal Briquettes ($2.85B), and Crude Petroleum ($1.15B). Over the past 5 years the exports of Russia to Japan have increased at an annualized rate of 20.9%, from $4.43B in 2017 to $11.4B in 2022.

In 2020, Russia exported services to Japan worth $391M, with Transportation ($199M), Other business services ($129M), and Communications services ($15.5M) being the largest in terms of value.

Comparison: In 2022, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Latest Trends

April, 2024

About

Overview In April 2024, Japan exported ¥31.5B and imported ¥54.2B from Russia, resulting in a negative trade balance of ¥22.7B. Between April 2023 and April 2024 the exports of Japan have decreased by ¥-2.34B (-6.93%) from ¥33.8B to ¥31.5B, while imports decreased by ¥-17.8B (-24.8%) from ¥72B to ¥54.2B.

Trade In April 2024, the top exports of Japan to Russia were Cars (¥19.6B), Air Pumps (¥8.39B), Rubberworking Machinery (¥5.08B), Commodities not elsewhere specified (¥2.04B), and Refined Petroleum (¥1.05B). In April 2024 the top imports of Japan from Russia were Petroleum Gas (¥78.6B), Coal Briquettes (¥25.1B), Platinum (¥8.52B), Raw Aluminium (¥7.33B), and Crude Petroleum (¥4.8B).

Origins In April 2024 the exports of Japan were mainly from Toyama (¥11.2B), Chiba (¥6.3B), Kyoto (¥2.3B), Osaka (¥2.27B), and Hyōgo (¥1.72B), while imports destinations were mainly Niigata (¥12.9B), Kanagawa (¥7.82B), Mie (¥6.05B), Chiba (¥4.79B), and Hokkaido (¥3.54B).

Growth In April 2024, the decrease in Japan's year-by-year exports to Russia was explained primarily by an decrease in product exports in Motor vehicles; parts and accessories (8701... (¥-7.61B or -90.8%), Large Construction Vehicles (¥-4.1B or -90.9%), and Rubber Tires (¥-3.73B or -88.1%). In April 2024, the decrease in Japan's year-by-year imports from Russia was explained primarily by an decrease in product imports in Crude Petroleum (¥-14.6B or -75.2%), Non-fillet Frozen Fish (¥-4.95B or -70.6%), and Raw Aluminium (¥-4.46B or -37.8%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)¥-2.34B(-6.93%)

IMPORT GROWTH (April 2023 - April 2024)¥-17.8B(-24.8%)

MAIN EXPORTER (April 2024)Toyama¥11.2B

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

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

For full datasets download visit Bulk Download page.

Explore Russia and Japan Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Japan exported $6.48B to Russia. The main products exported from Japan to Russia were Cars ($2.33B), Large Construction Vehicles ($235M), and Motor vehicles; parts and accessories (8701 to 8705) ($216M). During the last 5 years the exports of Japan to Russia have increased at an annualized rate of 41.9%, from $1.13B in 2017 to $6.48B in 2022.

In 2017, Russia exported $11.4B to Japan. The main products exported from Russia to Japan were Petroleum Gas ($4.48B), Coal Briquettes ($2.85B), and Crude Petroleum ($1.15B). During the last 22 years the exports of Russia to Japan have increased at an annualized rate of 20.9%, from $4.43B in 1995 to $11.4B in 2017.

Exports from Japan () to Russia () (2022)

Exports from Russia () to Japan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Japan
Top DestinationUnited States$137B

Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Japan than Russia included United States ($137B), Chinese Taipei ($50.1B), and South Korea ($50.8B).

In 2022, countries that imported more from Russia than Japan included India ($40.4B), Turkey ($25.3B), and Italy ($25.1B).

Difference in imports from Russia () and Japan () (2022)

Comparative Advantage Japan - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Japan had a large net trade with Russia in the exports of Transportation ($2.73B), Machines ($912M), and Plastics and Rubbers ($152M).

During 2017, Russia had a large net trade with Japan in the exports of Mineral Products ($8.73B), Metals ($1.53B), and Animal Products ($1.12B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Japan Russia+$182MMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Russia Japan+$1.54BCrude Petroleum

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

Bilateral Service Trade

Rus Year

Jpn Year

In 2009, Japan exported services to Russia worth $601M, with Services not allocated ($297M), Transportation ($95.7M), and Other business services ($67.8M) being the largest in terms of value.

In 2020, Russia exported services to Japan worth $391M, with Transportation ($199M), Other business services ($129M), and Communications services ($15.5M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Japan () to Russia () (2009)

Services Exports from Russia () to Japan () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

Product Space of Japan () and Russia () (2022)

Keep Exploring

Japan
Romania
Japan
Norway
Jordan
Russia
Kazakhstan
Russia