Flag United States / Japan Flag

Exports Flag β†’ Flag  (2018): $73.5B, Rnk 4 / 215

Top Product Flag β†’ Flag (2018): $5.19B, Petroleum Gas

Exports Flag β†’ Flag (2018): $135B, Rnk 2 / 207

Top Product Flag β†’ Flag (2018): $40.7B, Cars

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

Economic Complexity of Flag (2018): ECI 2.17, Rnk 1 / 137

United States-Japan: In 2018, United States exported $73.5B to Japan. The main products exported from United States to Japan were Petroleum Gas ($5.19B), Corn ($2.91B), and Medical Instruments ($2.72B). During the last 23 years the exports of United States to Japan have increased at an annualized rate of 0.2%, from $70.2B in 1995 to $73.5B in 2018. In 2011, United States exported services to Japan worth $32.5B, with Royalties and license fees ($11.1B), Travel ($9.98B), and Transportation ($8.23B) being the largest in terms of value.

Japan-United States: In 2018, Japan exported $135B to United States. The main products exported from Japan to United States were Cars ($40.7B), Vehicle Parts ($8.21B), and Aircraft Parts ($3.64B). During the last 23 years the exports of Japan to United States have increased at an annualized rate of 0.38%, from $123B in 1995 to $135B in 2018. 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.

Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.17), and 4 in total exports ($713B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, United States exported $73.5B to Japan. The main products exported from United States to Japan were Petroleum Gas ($5.19B), Corn ($2.91B), and Medical Instruments ($2.72B). During the last 23 years the exports of United States to Japan have increased at an annualized rate of 0.2%, from $70.2B in 1995 to $73.5B in 2018.

In 2018, Japan exported $135B to United States. The main products exported from Japan to United States were Cars ($40.7B), Vehicle Parts ($8.21B), and Aircraft Parts ($3.64B). During the last 23 years the exports of Japan to United States have increased at an annualized rate of 0.38%, from $123B in 1995 to $135B in 2018.

Market Competitiveness

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Measure

United States
Top Destination
: Mexico, $237B

Japan
Top Destination
: China, $139B

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

In 2018, countries that imported more from United States than Japan were Mexico ($237B), Canada ($190B), and United Kingdom ($48.8B).

In 2018, countries that imported more from Japan than United States were China ($139B), Thailand ($31.6B), and Chinese Taipei ($41.1B).

Comparative Advantage United States - Japan

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Depth

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

During 2018, United States had a large net trade with Japan in the exports of Machines ($12.8B), Chemical Products ($11.5B), and Instruments ($10B).

During 2018, Japan had a large net trade with United States in the exports of Transportation ($55.8B), Machines ($45.4B), and Chemical Products ($8.67B).

Tariff Section

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

In 2018, the products from United States that paid the highest import tariffs to enter Japan were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2018, the products from Japan that paid the highest import tariffs to enter United States were Glucose including syrup of 20%-50% dry weight fructos (43.3%) and Fructose, syrup > 50% fructose, not pure fructose (43.3%).

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*The tariffs present between United States and Japan are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between United States and Japan. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Bilateral Service Trade

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In 2011, United States exported services to Japan worth $32.5B, with Royalties and license fees ($11.1B), Travel ($9.98B), and Transportation ($8.23B) being the largest in terms of value.

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.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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