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2023
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Exports $143BRnk 1 / 211
2023
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Top Product $40.9BCars
2023
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Exports $80.2BRnk 5 / 220
2023
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Top Product $7.39BPetroleum Gas
2023
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
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GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
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2023
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 GDP$27.7TCURRENT US$
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2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$82,769CURRENT US$
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2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Japan-United States Trade: In 2023, Japan exported $143B to United States. The main products that Japan exported to United States were Cars ($40.9B), Motor vehicles; parts and accessories (8701 to 8705) ($6.87B), and Large Construction Vehicles ($6.46B). Over the past 5 years the exports of Japan to United States have increased at an annualized rate of 0.4%, from $140B in 2018 to $143B in 2023.

In 2009, Japan exported services to United States worth $72.8B, with Services not allocated ($35.5B), Other business services ($16.9B), and Royalties and license fees ($8.5B) being the largest in terms of value.

United States-Japan Trade: In 2023, United States exported $80.2B to Japan. The main products that United States exported to Japan were Petroleum Gas ($7.39B), Gas Turbines ($4.87B), and Vaccines, blood, antisera, toxins and cultures ($3.97B). Over the past 5 years the exports of United States to Japan have increased at an annualized rate of 0.029%,  from $80B in 2018 to $80.2B in 2023.

In 2017, United States exported services to Japan worth $47.1B, with Other business services ($9.67B), Travel ($9.01B), and Transportation ($8.01B) being the largest in terms of value.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥1.67T and imported ¥1.01T from United States, resulting in a positive trade balance of ¥664B. Between November 2023 and November 2024 the exports of Japan have decreased by ¥-144B (-7.95%) from ¥1.81T to ¥1.67T, while imports decreased by ¥-4.57B (-0.45%) from ¥1.01T to ¥1.01T.

Trade In November 2024, the top exports of Japan to United States were Cars (¥261B), Commodities not elsewhere specified (¥74.1B), Large Construction Vehicles (¥62.1B), Motor vehicles; parts and accessories (8701... (¥60.3B), and Machines and apparatus of a kind... (¥33.2B). In November 2024 the top imports of Japan from United States were Petroleum Gas (¥134B), Gas Turbines (¥52.9B), Packaged Medicaments (¥48.8B), Vaccines, blood, antisera, toxins and cultures (¥30.2B), and Coal Briquettes (¥25.5B).

Origins In November 2024 the exports of Japan were mainly from Aichi (¥514B), Chiba (¥213B), Tokyo (¥174B), Osaka (¥148B), and Kanagawa (¥144B), while imports destinations were mainly Chiba (¥403B), Tokyo (¥125B), Osaka (¥108B), Aichi (¥82.6B), and Kanagawa (¥60B).

Growth In November 2024, the decrease in Japan's year-by-year exports to United States was explained primarily by an decrease in product exports in Machines and apparatus of a kind... (¥-17.6B or -34.7%), Vaccines, blood, antisera, toxins and cultures (¥-12.5B or -94.2%), and Cars (¥-11.5B or -4.22%). In November 2024, the decrease in Japan's year-by-year imports  from United States was explained primarily by an decrease in product imports  in Corn (¥-15.9B or -59.8%), Refined Petroleum (¥-14.6B or -67.5%), and Vaccines, blood, antisera, toxins and cultures (¥-14.1B or -31.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥-144B(-7.95%)
IMPORT GROWTH (November 2023 - November 2024)¥-4.57B(-0.45%)
MAIN EXPORTER (November 2024)Aichi¥514B

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 United States and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United States and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $143B to United States. The main products exported from Japan to United States were Cars ($40.9B), Motor vehicles; parts and accessories (8701 to 8705) ($6.87B), and Large Construction Vehicles ($6.46B). During the last 5 years the exports of Japan to United States have increased at an annualized rate of 0.4%, from $140B in 2018 to $143B in 2023.

In 2018, United States exported $80.2B to Japan. The main products exported from United States to Japan were Petroleum Gas ($7.39B), Gas Turbines ($4.87B), and Vaccines, blood, antisera, toxins and cultures ($3.97B). During the last 5 years the exports of United States to Japan have increased at an annualized rate of 0.029%, from $80B in 2023 to $80.2B in 2018.

Exports from Japan (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from Japan than United States included Thailand ($29.6B), Chinese Taipei ($43B), and Vietnam ($16B).

In 2023, countries that imported more from United States than Japan included Canada ($269B), Mexico ($243B), and Germany ($94.8B).

Difference in imports from United States (Flag) and Japan (Flag) (2023)

Comparative Advantage Japan - United States

Flow
Scale

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

During 2023, Japan had a large net trade with United States in the exports of Transportation ($52.5B), Machines ($52.1B), and Chemical Products ($13.4B).

During 2018, United States had a large net trade with Japan in the exports of Machines ($16.3B), Chemical Products ($14.8B), and Mineral Products ($14.7B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan United States+$886MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential United States Japan+$1.08BCrude 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.

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Economic Complexity

Competitive Landscape

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

Product Space of Japan (Flag) and United States (Flag) (2023)

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