2022
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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$1.68TCURRENT US$
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2012-2022
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GDP GROWTH
8.3%CURRENT US$
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2022
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GDP PC 
$33,815CURRENT US$
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GDP PC GROWTH
-31.2%CURRENT US$
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2022
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GDP PC
$64,491CURRENT US$
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2012-2022
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GDP PC GROWTH
-5.23%CURRENT US$
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About

Japan-Australia Trade: In 2022, Japan exported $16.7B to Australia. The main products that Japan exported to Australia were Cars ($6.64B), Refined Petroleum ($2.8B), and Delivery Trucks ($1.8B). Over the past 5 years the exports of Japan to Australia have increased at an annualized rate of 1.69%, from $15.4B in 2017 to $16.7B in 2022.

In 2009, Japan exported services to Australia worth $5.7B, with Services not allocated ($2.84B), Other business services ($966M), and Construction services ($674M) being the largest in terms of value.

Australia-Japan Trade: In 2022, Australia exported $80.1B to Japan. The main products that Australia exported to Japan were Coal Briquettes ($37.4B), Petroleum Gas ($24.8B), and Iron Ore ($6.49B). Over the past 5 years the exports of Australia to Japan have increased at an annualized rate of 18%,  from $35.1B in 2017 to $80.1B in 2022.

In 2009, Australia exported services to Japan worth $1.74B, with Travel ($972M), Transportation ($544M), and Other business services ($116M) being the largest in terms of value.

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $16.7B to Australia. The main products exported from Japan to Australia were Cars ($6.64B), Refined Petroleum ($2.8B), and Delivery Trucks ($1.8B). During the last 5 years the exports of Japan to Australia have increased at an annualized rate of 1.69%, from $15.4B in 2017 to $16.7B in 2022.

In 2017, Australia exported $80.1B to Japan. The main products exported from Australia to Japan were Coal Briquettes ($37.4B), Petroleum Gas ($24.8B), and Iron Ore ($6.49B). During the last 5 years the exports of Australia to Japan have increased at an annualized rate of 18%, from $35.1B in 2022 to $80.1B in 2017.

Exports from Japan (Flag) to Australia (Flag) (2022)

Exports from Australia (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Australia
Top Destination
China$123B

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

In 2022, countries that imported more from Japan than Australia included United States ($137B), Chinese Taipei ($50.1B), and Thailand ($30.8B).

In 2022, countries that imported more from Australia than Japan included India ($31.5B), New Zealand ($7.3B), and Papua New Guinea ($1.27B).

Difference in imports from Australia (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - Australia

Flow
Scale

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

During 2022, Japan had a large net trade with Australia in the exports of Transportation ($9.04B), Mineral Products ($2.93B), and Machines ($2.34B).

During 2017, Australia had a large net trade with Japan in the exports of Mineral Products ($72B), Animal Products ($2.21B), and Vegetable Products ($2.19B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Australia+$113MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Australia Japan+$250MCrude 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 Australia. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Japan.

Product Space of Japan (Flag) and Australia (Flag) (2022)

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