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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 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
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 $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
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2022
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GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

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).

Latest Trends

August, 2024

About

Overview In August 2024, Japan exported ¥115B and imported ¥119B from United Kingdom, resulting in a negative trade balance of ¥4.26B. Between August 2023 and August 2024 the exports of Japan have decreased by ¥-30B (-20.7%) from ¥145B to ¥115B, while imports increased by ¥32.9B (38%) from ¥86.5B to ¥119B.

Trade In August 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 August 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 August 2024 the exports of Japan were mainly from Aichi (¥24.9B), Osaka (¥11.7B), Chiba (¥10.5B), Ehime (¥9.33B), and Kanagawa (¥9.25B), while imports destinations were mainly Chiba (¥44B), Tokyo (¥41.4B), Aichi (¥10.8B), Osaka (¥9.86B), and Kanagawa (¥6B).

Growth In August 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 August 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

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)¥-30B(-20.7%)
IMPORT GROWTH (August 2023 - August 2024)¥32.9B(38%)
MAIN EXPORTER (August 2024)Aichi¥24.9B

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.

Explore United Kingdom and Japan Data

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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 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 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 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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