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2023
Flag → Flag
Exports $47.4MRnk 140 / 211
2023
Flag → Flag
Top Product $13.1MMedical Instruments
2023
Flag → Flag
Exports $30.8MRnk 25 / 130
2023
Flag → Flag
Top Product $15.5MKnotted Carpets
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
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GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$4,466CURRENT US$
Rnk 125 / 196
2013-2023
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GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195

About

Japan-Iran Trade: In 2023, Japan exported $47.4M to Iran. The main products that Japan exported to Iran were Medical Instruments ($13.1M), X-Ray Equipment ($10.7M), and Photographic Plates ($6.38M). Over the past 5 years the exports of Japan to Iran have decreased at an annualized rate of 41.5%, from $694M in 2018 to $47.4M in 2023.

In 2009, Japan exported services to Iran worth -$1.97B, with Construction services ($167M), Transportation ($25.8M), and Travel ($9.59M) being the largest in terms of value.

Iran-Japan Trade: In 2023, Iran exported $30.8M to Japan. The main products that Iran exported to Japan were Knotted Carpets ($15.5M), Other Nuts ($4.61M), and Spice Seeds ($3.72M). Over the past 5 years the exports of Iran to Japan have decreased at an annualized rate of 40.8%,  from $3.45B in 2018 to $30.8M in 2023.

In 2023, Iran did not export any services to Japan.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥1.13B and imported ¥333M from Iran, resulting in a positive trade balance of ¥800M. Between November 2023 and November 2024 the exports of Japan have increased by ¥91.4M (8.77%) from ¥1.04B to ¥1.13B, while imports decreased by ¥-14.2M (-4.09%) from ¥347M to ¥333M.

Trade In November 2024, the top exports of Japan to Iran were X-Ray Equipment (¥141M), Engine Parts (¥112M), Photographic Plates (¥41M), Chemical Analysis Instruments (¥39.6M), and Medical Instruments (¥23.2M). In November 2024 the top imports of Japan from Iran were Knotted Carpets (¥120M), Spice Seeds (¥98.1M), Tropical Fruits (¥54.4M), Other Nuts (¥43.9M), and Tufted Carpets (¥15.9M).

Origins In November 2024 the exports of Japan were mainly from Hyōgo (¥421M), Kanagawa (¥389M), Chiba (¥172M), Hiroshima (¥74.5M), and Toyama (¥33.1M), while imports destinations were mainly Tokyo (¥98.6M), Osaka (¥88.7M), Chiba (¥76M), Hyōgo (¥54.2M), and Aichi (¥15.8M).

Growth In November 2024, the increase in Japan's year-by-year exports to Iran was explained primarily by an increase in product exports in X-Ray Equipment (¥127M or 966%), Engine Parts (¥111M or 9.25k%), and Chemical Analysis Instruments (¥7.43M or 23.1%). In November 2024, the decrease in Japan's year-by-year imports  from Iran was explained primarily by an decrease in product imports  in Knotted Carpets (¥-135M or -53.1%), Plant foliage (¥-279k or -24.9%), and Hand-Woven Rugs (¥-197k or -5.44%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥91.4M(8.77%)
IMPORT GROWTH (November 2023 - November 2024)¥-14.2M(-4.09%)
MAIN EXPORTER (November 2024)Hyōgo¥421M

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 Iran and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Iran and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $47.4M to Iran. The main products exported from Japan to Iran were Medical Instruments ($13.1M), X-Ray Equipment ($10.7M), and Photographic Plates ($6.38M). During the last 5 years the exports of Japan to Iran have decreased at an annualized rate of 41.5%, from $694M in 2018 to $47.4M in 2023.

In 2018, Iran exported $30.8M to Japan. The main products exported from Iran to Japan were Knotted Carpets ($15.5M), Other Nuts ($4.61M), and Spice Seeds ($3.72M). During the last 5 years the exports of Iran to Japan have decreased at an annualized rate of 40.8%, from $3.45B in 2023 to $30.8M in 2018.

Exports from Japan (Flag) to Iran (Flag) (2023)

Exports from Iran (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Iran
Top DestinationChina$4.59B

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

In 2023, countries that imported more from Japan than Iran included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Iran than Japan included Armenia ($597M), Azerbaijan ($473M), and Uzbekistan ($326M).

Difference in imports from Iran (Flag) and Japan (Flag) (2023)

Comparative Advantage Japan - Iran

Flow
Scale

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

During 2023, Japan had a large net trade with Iran in the exports of Instruments ($26.5M), Chemical Products ($9.84M), and Machines ($7.93M).

During 2018, Iran had a large net trade with Japan in the exports of Textiles ($17.3M), Vegetable Products ($12.3M), and Foodstuffs ($1.01M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Iran+$9.76MMedical Instruments
Top Product Potential Iran Japan+$3.71MOther Nuts

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 Iran. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Japan.

Product Space of Japan (Flag) and Iran (Flag) (2023)

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