Flag United States / Japan Flag

2020
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Exports
: $63.1B, Rnk 4 / 218

2020
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Top Product
: $5.12B, Petroleum Gas

2020
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Exports
: $112B, Rnk 2 / 213

2020
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Top Product
: $32.6B, Cars

2020
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Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

2020
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Economic Complexity (ECI)
: ECI 2.19, Rnk 1 / 127

2020
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GDP
: $21T, CURRENT US$
Rnk 1 / 195

2010-2020
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GDP GROWTH
: 39.8%, CURRENT US$
Rnk 78 / 195

2020
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 GDP
: $5.06T, CURRENT US$
Rnk 3 / 195

2010-2020
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GDP GROWTH
: -12.2%, CURRENT US$
Rnk 180 / 195

2020
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GDP PC 
: $63,593, CURRENT US$
Rnk 8 / 195

2010-2020
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GDP PC GROWTH
: 31.2%, CURRENT US$
Rnk 57 / 195

2020
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GDP PC
: $40,193, CURRENT US$
Rnk 25 / 195

2010-2020
Flag
GDP PC GROWTH
: -10.6%, CURRENT US$
Rnk 161 / 195

United States-Japan In 2020, United States exported $63.1B to Japan. The main products that United States exported to Japan are Petroleum Gas ($5.12B), Medical Instruments ($2.39B), and Gas Turbines ($2.31B). During the last 25 years the exports of United States to Japan have decreased at an annualized rate of 0.22%, from $66.8B in 1995 to $63.1B in 2020.

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 2020, Japan exported $112B to United States. The main products that Japan exported to United States were Cars ($32.6B), Motor vehicles; parts and accessories (8701 to 8705) ($6.09B), and Large Construction Vehicles ($3.03B). During the last 25 years the exports of Japan to United States have decreased at an annualized rate of 0.26%, from $120B in 1995 to $112B in 2020.

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 2020,  United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.19), and 4 in total exports ($623B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, United States exported $63.1B to Japan. The main products exported from United States to Japan were Petroleum Gas ($5.12B), Medical Instruments ($2.39B), and Gas Turbines ($2.31B). During the last 25 years the exports of United States to Japan have decreased at an annualized rate of 0.22%, from $66.8B in 1995 to $63.1B in 2020.

In 2020, Japan exported $112B to United States. The main products exported from Japan to United States were Cars ($32.6B), Motor vehicles; parts and accessories (8701 to 8705) ($6.09B), and Large Construction Vehicles ($3.03B). During the last 25 years the exports of Japan to United States have decreased at an annualized rate of 0.26%, from $120B in 1995 to $112B in 2020.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $218B

Japan
Top Destination
: China, $133B

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 2019, countries that imported more from United States than Japan were Canada ($218B), Mexico ($196B), and Germany ($59.2B).

In 2019, countries that imported more from Japan than United States were Chinese Taipei ($42.7B), Thailand ($24.5B), and China ($133B).

Comparative Advantage United States - Japan

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Flow

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

During 2020, United States had a large net trade with Japan in the exports of Machines ($11.8B), Chemical Products ($10.7B), and Mineral Products ($8.49B).

During 2020, Japan had a large net trade with United States in the exports of Transportation ($43.5B), Machines ($38.2B), and Chemical Products ($8.51B).

Bilateral Service Trade

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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

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Competitive Landscape

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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.