2023
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GDP
$2.02TCURRENT US$
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2013-2023
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GDP GROWTH
-11.8%CURRENT US$
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2023
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 GDP
$4.2TCURRENT US$
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2013-2023
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GDP GROWTH
-19.3%CURRENT US$
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2023
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GDP PC 
$13,817CURRENT US$
Rnk 74 / 195
2013-2023
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GDP PC GROWTH
-13.3%CURRENT US$
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2023
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GDP PC
$33,767CURRENT US$
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2013-2023
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GDP PC GROWTH
-17.4%CURRENT US$
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About

Russia-Japan Trade: In 2023, Russia exported $7.37B to Japan. The main products that Russia exported to Japan were Petroleum Gas ($4.17B), Coal Briquettes ($805M), and Platinum ($430M). Over the past 5 years the exports of Russia to Japan have decreased at an annualized rate of 12.3%, from $14.2B in 2018 to $7.37B in 2023.

In 2020, Russia exported services to Japan worth $391M, with Transportation ($199M), Other business services ($129M), and Communications services ($15.5M) being the largest in terms of value.

Japan-Russia Trade: In 2023, Japan exported $2.61B to Russia. The main products that Japan exported to Russia were Cars ($1.7B), Air Pumps ($112M), and Refined Petroleum ($85.7M). Over the past 5 years the exports of Japan to Russia have decreased at an annualized rate of 21.1%,  from $8.56B in 2018 to $2.61B in 2023.

In 2009, Japan exported services to Russia worth $601M, with Services not allocated ($297M), Transportation ($95.7M), and Other business services ($67.8M) being the largest in terms of value.

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Russia exported $7.37B to Japan. The main products exported from Russia to Japan were Petroleum Gas ($4.17B), Coal Briquettes ($805M), and Platinum ($430M). During the last 5 years the exports of Russia to Japan have decreased at an annualized rate of 12.3%, from $14.2B in 2018 to $7.37B in 2023.

In 2018, Japan exported $2.61B to Russia. The main products exported from Japan to Russia were Cars ($1.7B), Air Pumps ($112M), and Refined Petroleum ($85.7M). During the last 5 years the exports of Japan to Russia have decreased at an annualized rate of 21.1%, from $8.56B in 2023 to $2.61B in 2018.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$129B
Japan
Top Destination
United States$143B

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

In 2023, countries that imported more from Russia than Japan included India ($66.1B), Turkey ($31B), and Kazakhstan ($16.1B).

In 2023, countries that imported more from Japan than Russia included United States ($143B), South Korea ($42.7B), and Chinese Taipei ($43B).

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

Comparative Advantage Russia - Japan

Flow
Scale

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

During 2023, Russia had a large net trade with Japan in the exports of Mineral Products ($5.07B), Animal Products ($919M), and Metals ($566M).

During 2018, Japan had a large net trade with Russia in the exports of Transportation ($1.83B), Machines ($306M), and Chemical Products ($105M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Japan+$1.54BCrude Petroleum
Top Product Potential Japan Russia+$182MMotor vehicles; parts and accessories (8701 to 8705)

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

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

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