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
$3.07TCURRENT US$
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2012-2022
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GDP GROWTH
13.5%CURRENT US$
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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$
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2022
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GDP PC
$45,850CURRENT US$
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2012-2022
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GDP PC GROWTH
7.92%CURRENT US$
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About

Japan-United Kingdom Trade: In 2022, Japan exported $11.2B to United Kingdom. The main products that Japan exported to United Kingdom were Cars ($2.11B), Gold ($723M), and Gas Turbines ($552M). Over the past 5 years the exports of Japan to United Kingdom have decreased at an annualized rate of 3.31%, from $13.3B in 2017 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 Trade: 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). Over the past 5 years the exports of United Kingdom to Japan have decreased at an annualized rate of 1.95%,  from $7.3B in 2017 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 2.07), and 4 in total exports ($728B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

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 5 years the exports of Japan to United Kingdom have decreased at an annualized rate of 3.31%, from $13.3B in 2017 to $11.2B in 2022.

In 2017, 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 5 years the exports of United Kingdom to Japan have decreased at an annualized rate of 1.95%, from $7.3B in 2022 to $6.61B in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
United Kingdom
Top Destination
United 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 2022, countries that imported more from Japan than United Kingdom included China ($135B), United States ($137B), and Chinese Taipei ($50.1B).

In 2022, countries that imported more from United Kingdom than Japan included 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 2017, United Kingdom had a large net trade with Japan in the exports of Machines ($1.86B), Chemical Products ($1.11B), and Transportation ($936M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan United Kingdom+$857MCars
Top Product Potential United Kingdom Japan+$247MCars

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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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)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Japan and United Kingdom. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Japan.

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

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