Flag United States / Japan Flag

2021
FlagFlag
Exports
: $71.8B, Rnk 4 / 217

2021
FlagFlag
Top Product
: $8.76B, Petroleum Gas

2021
FlagFlag
Exports
: $128B, Rnk 2 / 211

2021
FlagFlag
Top Product
: $32.9B, Cars

2021
Flag
Economic Complexity (ECI)
: ECI 1.46, Rnk 10 / 131

2021
Flag
Economic Complexity (ECI)
: ECI 2.06, Rnk 1 / 131

2021
Flag  
GDP
: $23T, CURRENT US$
Rnk 1 / 182

2011-2021
Flag
GDP GROWTH
: 47.4%, CURRENT US$
Rnk 56 / 182

2021
Flag
 GDP
: $4.94T, CURRENT US$
Rnk 3 / 182

2011-2021
Flag
GDP GROWTH
: -20.8%, CURRENT US$
Rnk 173 / 182

2021
Flag
GDP PC 
: $69,288, CURRENT US$
Rnk 7 / 182

2011-2021
Flag
GDP PC GROWTH
: 38.4%, CURRENT US$
Rnk 44 / 182

2021
Flag
GDP PC
: $39,285, CURRENT US$
Rnk 26 / 182

2011-2021
Flag
GDP PC GROWTH
: -19.4%, CURRENT US$
Rnk 161 / 182

United States-Japan In 2021, United States exported $71.8B to Japan. The main products that United States exported to Japan are Petroleum Gas ($8.76B), Packaged Medicaments ($3.14B), and Corn ($3.11B). During the last 26 years the exports of United States to Japan have increased at an annualized rate of 0.28%, from $66.7B in 1995 to $71.8B in 2021.

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.

Japan-United States In 2021, Japan exported $128B to United States. The main products that Japan exported to United States were Cars ($32.9B), Motor vehicles; parts and accessories (8701 to 8705) ($7.51B), and Large Construction Vehicles ($4.25B). During the last 26 years the exports of Japan to United States have increased at an annualized rate of 0.26%, from $120B in 1995 to $128B in 2021.

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 2021,  United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.06), and 4 in total exports ($731B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2021, United States exported $71.8B to Japan. The main products exported from United States to Japan were Petroleum Gas ($8.76B), Packaged Medicaments ($3.14B), and Corn ($3.11B). During the last 26 years the exports of United States to Japan have increased at an annualized rate of 0.28%, from $66.7B in 1995 to $71.8B in 2021.

In 2021, Japan exported $128B to United States. The main products exported from Japan to United States were Cars ($32.9B), Motor vehicles; parts and accessories (8701 to 8705) ($7.51B), and Large Construction Vehicles ($4.25B). During the last 26 years the exports of Japan to United States have increased at an annualized rate of 0.26%, from $120B in 1995 to $128B in 2021.

Market Competitiveness

#permalink to section
Color

United States
Top Destination
: Canada, $259B

Japan
Top Destination
: China, $153B

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 2021, countries that imported more from United States than Japan were Canada ($259B), Mexico ($247B), and United Kingdom ($55.5B).

In 2021, countries that imported more from Japan than United States were Thailand ($31.2B), Chinese Taipei ($52.5B), and Vietnam ($18.2B).

Comparative Advantage United States - Japan

#permalink to section
Flow
Scale

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

During 2021, United States had a large net trade with Japan in the exports of Mineral Products ($13.2B), Chemical Products ($13.1B), and Machines ($10.6B).

During 2021, Japan had a large net trade with United States in the exports of Machines ($47B), Transportation ($44.7B), and Instruments ($10.1B).

Bilateral Service Trade

#permalink to section

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.

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

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Japan. Similarly, the more yellow a dot/product is, the more Japan has comparative advantage over United States.