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Pricing

2022
Flag → Flag
Exports $11.2BRnk 17 / 211
2022
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Top Product $2.11BCars
2022
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Exports $6.61BRnk 19 / 224
2022
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Top Product $808MGas Turbines
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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Economic Complexity (ECI) ECI 1.38Rnk 12 / 124
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
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2022
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 GDP$3.07TCURRENT US$
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2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
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GDP PC $33,815CURRENT US$
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2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Japan-United Kingdom In 2022, Japan exported $11.2B to United Kingdom. The main products that Japan exported to United Kingdom are Cars ($2.11B), Gold ($723M), and Gas Turbines ($552M). During the last 27 years the exports of Japan to United Kingdom have decreased at an annualized rate of 0.91%, from $14.3B in 1995 to $11.2B in 2022.

In 2009, Japan exported services to United Kingdom worth $22.8B, with Services not allocated ($11.4B), Other business services ($6.16B), and Transportation ($1.65B) being the largest in terms of value.

United Kingdom-Japan In 2022, United Kingdom exported $6.61B to Japan. The main products that United Kingdom exported to Japan were Gas Turbines ($808M), Cars ($733M), and Platinum ($494M). During the last 27 years the exports of United Kingdom to Japan have increased at an annualized rate of 0.11%, from $6.42B in 1995 to $6.61B in 2022.

In 2019, United Kingdom exported services to Japan worth $7.96B, with Financial services ($3.72B), Other business services ($2.02B), and Insurance services ($605M) being the largest in terms of value.

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

Latest Trends

January, 2024

About

Overview In January 2024, Japan exported ¥121B and imported ¥73B from United Kingdom, resulting in a positive trade balance of ¥48.1B. Between January 2023 and January 2024 the exports of Japan have decreased by ¥-13.5B (-10.1%) from ¥135B to ¥121B, while imports increased by ¥1.87B (2.64%) from ¥71.1B to ¥73B.

Trade In January 2024, the top exports of Japan to United Kingdom were Cars (¥29.9B), Commodities not elsewhere specified (¥26.7B), Gold (¥8.18B), Silver (¥5.8B), and Vaccines, blood, antisera, toxins and cultures (¥3.91B). In January 2024 the top imports of Japan from United Kingdom were Gas Turbines (¥11.8B), Cars (¥6.21B), Packaged Medicaments (¥6.02B), Hard Liquor (¥3.41B), and Vaccines, blood, antisera, toxins and cultures (¥2.37B).

Origins In January 2024 the exports of Japan were mainly from Chiba (¥23B), Aichi (¥18.8B), Ibaraki (¥13.2B), Kanagawa (¥11.6B), and Osaka (¥10.1B), while imports destinations were mainly Chiba (¥29.5B), Tokyo (¥18.3B), Osaka (¥8.14B), Aichi (¥7.18B), and Kanagawa (¥4.22B).

Growth In January 2024, the decrease in Japan's year-by-year exports to United Kingdom was explained primarily by an decrease in product exports in Platinum (¥-2.08B or -60.7%), Packaged Medicaments (¥-2.06B or -41.6%), and Metalworking Machine Parts (¥-1.7B or -87.6%). In January 2024, the increase in Japan's year-by-year imports  from United Kingdom was explained primarily by an increase in product imports  in Gas Turbines (¥5.55B or 89.5%), Commodities not elsewhere specified (¥1.05B or 109%), and Hard Liquor (¥759M or 28.7%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)¥-13.5B(-10.1%)
IMPORT GROWTH (January 2023 - January 2024)¥1.87B(2.64%)
MAIN EXPORTER (January 2024)Chiba¥23B

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 Kingdom and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $11.2B to United Kingdom. The main products exported from Japan to United Kingdom were Cars ($2.11B), Gold ($723M), and Gas Turbines ($552M). During the last 27 years the exports of Japan to United Kingdom have decreased at an annualized rate of 0.91%, from $14.3B in 1995 to $11.2B in 2022.

In 2022, United Kingdom exported $6.61B to Japan. The main products exported from United Kingdom to Japan were Gas Turbines ($808M), Cars ($733M), and Platinum ($494M). During the last 27 years the exports of United Kingdom to Japan have increased at an annualized rate of 0.11%, from $6.42B in 1995 to $6.61B in 2022.

Exports from Japan (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2021, countries that imported more from Japan than United Kingdom were China ($135B), United States ($137B), and Chinese Taipei ($50.1B).

In 2021, countries that imported more from United Kingdom than Japan were Netherlands ($41.9B), Ireland ($32.6B), and France ($30.2B).

Difference in imports from United Kingdom (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - United Kingdom

Flow
Scale

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

During 2022, Japan had a large net trade with United Kingdom in the exports of Machines ($4.06B), Transportation ($2.84B), and Chemical Products ($1.01B).

During 2022, United Kingdom had a large net trade with Japan in the exports of Machines ($1.86B), Chemical Products ($1.11B), and Transportation ($936M).

Service Trade

Bilateral Service Trade

In 2009, Japan exported services to United Kingdom worth $22.8B, with Services not allocated ($11.4B), Other business services ($6.16B), and Transportation ($1.65B) being the largest in terms of value.

In 2019, United Kingdom exported services to Japan worth $7.96B, with Financial services ($3.72B), Other business services ($2.02B), and Insurance services ($605M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Japan (Flag) to United Kingdom (Flag) (2009)

Services Exports from United Kingdom (Flag) to Japan (Flag) (2019)

Economic Complexity

Competitive Landscape

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

Product Space of Japan (Flag) and United Kingdom (Flag) (2022)

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