2022
Flag  
GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH
-32.5%CURRENT US$
Rnk 182 / 186
2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC 
$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH
-31.2%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Japan-United States Trade: In 2022, Japan exported $137B to United States. The main products that Japan exported to United States were Cars ($32.9B), Motor vehicles; parts and accessories (8701 to 8705) ($7.72B), and Machinery Having Individual Functions ($5.82B). Over the past 5 years the exports of Japan to United States have increased at an annualized rate of 1.15%, from $130B in 2017 to $137B in 2022.

In 2009, Japan exported services to United States worth $72.8B, with Services not allocated ($35.5B), Other business services ($16.9B), and Royalties and license fees ($8.5B) being the largest in terms of value.

United States-Japan Trade: In 2022, United States exported $79.5B to Japan. The main products that United States exported to Japan were Petroleum Gas ($9.52B), Packaged Medicaments ($4.22B), and Corn ($3.26B). Over the past 5 years the exports of United States to Japan have increased at an annualized rate of 3.92%,  from $65.6B in 2017 to $79.5B in 2022.

In 2017, United States exported services to Japan worth $47.1B, with Other business services ($9.67B), Travel ($9.01B), and Transportation ($8.01B) 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 States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $137B to United States. The main products exported from Japan to United States were Cars ($32.9B), Motor vehicles; parts and accessories (8701 to 8705) ($7.72B), and Machinery Having Individual Functions ($5.82B). During the last 5 years the exports of Japan to United States have increased at an annualized rate of 1.15%, from $130B in 2017 to $137B in 2022.

In 2017, United States exported $79.5B to Japan. The main products exported from United States to Japan were Petroleum Gas ($9.52B), Packaged Medicaments ($4.22B), and Corn ($3.26B). During the last 5 years the exports of United States to Japan have increased at an annualized rate of 3.92%, from $65.6B in 2022 to $79.5B in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
United States
Top Destination
Canada$308B

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

In 2022, countries that imported more from Japan than United States included Thailand ($30.8B), Chinese Taipei ($50.1B), and Vietnam ($17.9B).

In 2022, countries that imported more from United States than Japan included Canada ($308B), Mexico ($294B), and United Kingdom ($75.4B).

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

Comparative Advantage Japan - United States

Flow
Scale

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

During 2022, Japan had a large net trade with United States in the exports of Machines ($51.8B), Transportation ($45.4B), and Chemical Products ($12.1B).

During 2017, United States had a large net trade with Japan in the exports of Mineral Products ($15.6B), Chemical Products ($14.8B), and Machines ($12.7B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan United States+$886MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential United States Japan+$1.08BCrude 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with