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Japan trade in 2024

In 2024, Japan exported $758.8 billion and imported $720.9 billion, a trade surplus of $37.9 billion. It was the world's 5th-largest exporter, with 3.3% of world exports. Its top export was cars (15.5% of the total) and its main trading partner was China (20.4% of its trade).

Summary

Exports
$758.8billion
Imports
$720.9billion
Trade balance
+$37.9billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Cars (15.5%) and microchips (6.9%) together make up 22.4% of its exports.

  1. Cars$117.8 billion · 15.5%
    Main partner: United States
  2. Microchips$52.1 billion · 6.9%
    Main partner: China
  3. Other industrial machines$38 billion · 5%
    Main partner: China
  4. Auto parts$27 billion · 3.6%
    Main partner: United States
  5. Gold$18.2 billion · 2.4%
    Main partner: Hong Kong
  6. Bulldozers and excavators$11.8 billion · 1.6%
    Main partner: United States
  7. Printers and printing machines$11.2 billion · 1.5%
    Main partner: United States
  8. Diodes, transistors and solar cells$10 billion · 1.3%
    Main partner: China
  9. Trucks$9.6 billion · 1.3%
    Main partner: Australia
  10. Hot-rolled flat steel$9.4 billion · 1.2%
    Main partner: South Korea

What it imports

Crude petroleum (10.1%) and natural gas and LPG (6.5%) together make up 16.6% of its imports.

  1. Crude petroleum$73 billion · 10.1%
    Main partner: United Arab Emirates
  2. Natural gas and LPG$46.9 billion · 6.5%
    Main partner: Australia
  3. Coal$26.2 billion · 3.6%
    Main partner: Australia
  4. Cameras and broadcast equipment$26.1 billion · 3.6%
    Main partner: China
  5. Microchips$23.9 billion · 3.3%
    Main partner: Taiwan
  6. Refined petroleum$17.8 billion · 2.5%
    Main partner: South Korea
  7. Computers$16.5 billion · 2.3%
    Main partner: China
  8. Medicines in measured doses or retail packs$14.7 billion · 2%
    Main partner: United States
  9. Vaccines, blood and antisera$13.4 billion · 1.9%
    Main partner: United States
  10. Copper ore$13.2 billion · 1.8%
    Main partner: Chile
By Harmonized System chapter (96)
ChapterExportsImports
87 · Vehicles$164.9 billion$22.8 billion
84 · Mechanical machinery$145.3 billion$74.5 billion
85 · Electrical and electronic equipment$140.1 billion$104.8 billion
90 · Precision and medical instruments$40.2 billion$26.3 billion
39 · Plastics$29.9 billion$17.4 billion
72 · Iron and steel$28.9 billion$7.8 billion
71 · Gems and precious metals$24.8 billion$15.1 billion
30 · Pharmaceuticals$16.4 billion$29.6 billion
29 · Organic chemicals$15.2 billion$14.3 billion
38 · Miscellaneous chemicals$14.3 billion$5.1 billion
74 · Copper$14.1 billion$3.4 billion
40 · Rubber$11.5 billion$4.7 billion
73 · Iron and steel products$11.5 billion$7.1 billion
89 · Ships and boats$9.7 billion$862 million
27 · Oil, gas and coal$9.3 billion$165.2 billion
28 · Inorganic chemicals$6.7 billion$7 billion
37 · Photographic goods$6 billion$279 million
32 · Dyes, paints and tanning agents$5.4 billion$1.2 billion
33 · Perfumes and cosmetics$5 billion$3.8 billion
95 · Toys and sports gear$3.6 billion$6.6 billion
82 · Tools and cutlery$3.4 billion$1.4 billion
70 · Glass$3.2 billion$2 billion
48 · Paper and paperboard$3 billion$2.9 billion
34 · Soap and cleaning products$3 billion$1.2 billion
76 · Aluminum$3 billion$8.1 billion
88 · Aircraft and spacecraft$2.8 billion$6.1 billion
68 · Stone, plaster and cement articles$2.2 billion$1.2 billion
54 · Synthetic filaments$1.9 billion$854 million
96 · Other manufactured goods$1.8 billion$1.2 billion
69 · Ceramics$1.8 billion$1.1 billion
03 · Fish and seafood$1.7 billion$8.8 billion
21 · Food preparations$1.7 billion$1.7 billion
55 · Synthetic staple fibers$1.6 billion$506 million
91 · Watches and clocks$1.6 billion$3.6 billion
75 · Nickel$1.5 billion$3.3 billion
81 · Other base metals$1.5 billion$1.4 billion
22 · Beverages and spirits$1.4 billion$3.7 billion
83 · Miscellaneous metal goods$1.3 billion$1.5 billion
56 · Felt, nonwovens and rope$1.3 billion$1.1 billion
35 · Glues, starches and enzymes$1.2 billion$1.4 billion
94 · Furniture and lighting$999 million$7.8 billion
59 · Coated and technical textiles$872 million$488 million
25 · Salt, stone and cement$845 million$1.5 billion
19 · Baked goods and cereal products$788 million$1.5 billion
97 · Art and antiques$755 million$590 million
86 · Railway equipment$725 million$312 million
47 · Wood pulp$709 million$1.1 billion
92 · Musical instruments$615 million$494 million
62 · Woven clothing$527 million$10.8 billion
79 · Zinc$504 million$115 million
26 · Ores and slag$502 million$27.8 billion
60 · Knitted fabric$455 million$105 million
16 · Prepared meat and fish$442 million$6.3 billion
02 · Meat and offal$439 million$10.1 billion
61 · Knitted clothing$433 million$11.9 billion
15 · Fats and oils$412 million$2.1 billion
44 · Wood$403 million$9.3 billion
49 · Books and printed matter$389 million$502 million
09 · Coffee, tea and spices$313 million$2.3 billion
63 · Home textiles and used clothing$306 million$3.7 billion
08 · Fruit and nuts$291 million$3.1 billion
52 · Cotton$284 million$374 million
20 · Preserved fruit and vegetables$247 million$4.4 billion
93 · Weapons and ammunition$236 million$490 million
42 · Leather goods and bags$213 million$6 billion
65 · Hats$207 million$634 million
17 · Sugar and sweets$204 million$1.1 billion
23 · Animal feed and food waste$195 million$2.9 billion
78 · Lead$188 million$73 million
80 · Tin$186 million$632 million
58 · Special fabrics and lace$174 million$140 million
31 · Fertilizers$174 million$738 million
24 · Tobacco$165 million$4.2 billion
12 · Oilseeds and grains$133 million$4.7 billion
64 · Footwear$123 million$4.9 billion
04 · Dairy, eggs and honey$115 million$2 billion
11 · Milling products and malt$114 million$640 million
51 · Wool$110 million$221 million
41 · Hides and leather$106 million$175 million
10 · Cereals$96 million$6.5 billion
18 · Cocoa and chocolate$92 million$1.5 billion
07 · Vegetables$64 million$2.3 billion
06 · Live plants and flowers$63 million$469 million
01 · Live animals$57 million$253 million
13 · Gums and plant extracts$50 million$284 million
05 · Other animal products$42 million$442 million
57 · Carpets and rugs$35 million$524 million
50 · Silk$29 million$83 million
53 · Other plant fibers$26 million$74 million
36 · Explosives and matches$16 million$156 million
67 · Feathers and artificial flowers$5 million$198 million
66 · Umbrellas and canes$4 million$298 million
43 · Fur and fur goods$4 million$43 million
45 · Cork$4 million$15 million
46 · Wicker and basketware$3 million$126 million
14 · Other plant products$2 million$583 million

Trading partners

Its main destination is the United States (19% of exports) and its main source is China (22.7% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
United States14419%Sea
China13818.1%Air
South Korea46.86.2%Air
Taiwan45.36%Air
Hong Kong34.94.6%Air
Thailand26.63.5%Sea
Germany21.82.9%Air
Singapore19.52.6%Air
India18.62.5%Sea
Australia17.12.3%Sea

Who it buys from

PartnerValue (USD billions)ShareMode
China16322.7%Sea
United States80.611.2%Air
Australia49.36.8%Sea
United Arab Emirates36.85.1%Sea
Saudi Arabia29.84.1%Sea
South Korea28.74%Sea
Taiwan28.13.9%Air
Vietnam26.53.7%Sea
Thailand24.13.3%Sea
Indonesia22.43.1%Sea

Overview 1995–2024

In 2024, Japan accounted for 3.3% of world exports, compared with 9.2% in 1995.

Exports and imports

Exports grew 63% since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 759
  • Imports 721
  • Balance +37.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$466.8 billion$327.9 billion$138.9 billion
1996$438.9 billion$341.1 billion$97.8 billion
1997$448.7 billion$331.5 billion$117.2 billion
1998$417.7 billion$276.2 billion$141.5 billion
1999$443.8 billion$303.6 billion$140.2 billion
2000$514.6 billion$368.5 billion$146.1 billion
2001$449.2 billion$338.7 billion$110.5 billion
2002$461 billion$328.7 billion$132.2 billion
2003$518.3 billion$373.2 billion$145.1 billion
2004$616.8 billion$439.4 billion$177.4 billion
2005$654.5 billion$495.3 billion$159.1 billion
2006$705.1 billion$559.8 billion$145.3 billion
2007$774.3 billion$611.5 billion$162.8 billion
2008$845.2 billion$742 billion$103.2 billion
2009$642.1 billion$540.7 billion$101.3 billion
2010$819.6 billion$674.7 billion$144.9 billion
2011$878.5 billion$823.6 billion$54.9 billion
2012$868.9 billion$845.7 billion$23.2 billion
2013$786.6 billion$798.7 billion-$12 billion
2014$757.6 billion$781.4 billion-$23.8 billion
2015$691.6 billion$601.5 billion$90.1 billion
2016$709.2 billion$592.2 billion$117 billion
2017$761.5 billion$652.4 billion$109 billion
2018$798.9 billion$729.8 billion$69.1 billion
2019$761.7 billion$696.4 billion$65.3 billion
2020$694.9 billion$622 billion$72.9 billion
2021$813.3 billion$734.8 billion$78.5 billion
2022$817.1 billion$870.7 billion-$53.6 billion
2023$787.8 billion$763.6 billion$24.2 billion
2024$758.8 billion$720.9 billion$37.9 billion

World rank

Japan fell from 3rd to 5th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 3rd in 1995
  • 5th in 2024

Source: CEPII BACI

Show the numbers
YearRank
19953rd
19963rd
19973rd
19983rd
19993rd
20003rd
20013rd
20024th
20034th
20044th
20054th
20064th
20074th
20084th
20094th
20104th
20114th
20124th
20134th
20144th
20154th
20164th
20174th
20184th
20194th
20204th
20214th
20224th
20234th
20245th

What it sells

Vehicles became its top export group: from 18% to 22%

% of exports by Harmonized System chapter.

  • Other 22%
  • Pharmaceuticals 2%
  • Gems and precious metals 3%
  • Iron and steel 4%
  • Plastics 4%
  • Precision and medical instruments 5%
  • Electrical and electronic equipment 18%
  • Mechanical machinery 19%
  • Vehicles 22%

Source: CEPII BACI

Show the numbers
Chapter19952024
Vehicles17.9%21.7%
Mechanical machinery24.2%19.2%
Electrical and electronic equipment25.2%18.5%
Precision and medical instruments5.7%5.3%
Plastics2.5%4%
Iron and steel3.4%3.8%
Gems and precious metals0.31%3.3%
Pharmaceuticals0.22%2.2%
Other20.6%22.2%

Who it trades with

China went from 8% to 20% of Japan's trade

% of total trade (exports + imports) with each partner.

  • China 20%
  • United States 15%
  • South Korea 5%
  • Taiwan 5%
  • Australia 4%

Source: CEPII BACI

Show the numbers
Partner19952024
China7.8%20.4%
United States24.7%15.2%
South Korea6%5.1%
Taiwan5.3%5%
Australia2.9%4.5%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Hekinan power stationPower · 18 Mt CO₂e
  • Matsuura Kyushu power stationPower · 17.6 Mt CO₂e
  • JFE West Japan Works (Fukuyama) steel plantSteel · 15.8 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Tokyo$1.8 trillion (PPP, 2021 dollars)
  • Ōsaka$730.8 billion (PPP, 2021 dollars)
  • Nagoya$556.3 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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