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Who buys Japan’s cargo and passenger ships? Export destinations 2024

In 2024, Japan exported $9.3 billion of cargo and passenger ships (1.3 million tonnes), 11% of the world total. Its main destinations were Panama (42%), Liberia (17%) and the Marshall Islands (13%). Japan was the world’s 3rd-largest exporter of cargo and passenger ships.

Summary

Value
$9.3billion
Tonnes
1.3million tonnes
Share of world total
11%
World rank
3rd
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Panama3.9Tonnes: 191,714USD per tonne: $20,57242.2%Air
Liberia1.6Tonnes: 34,968USD per tonne: $45,72617.1%Air
Marshall Islands1.2Tonnes: 66,163USD per tonne: $18,24312.9%Air
South Korea0.53Tonnes: 315,442USD per tonne: $1,6855.7%Sea
Singapore re-exports0.45Tonnes: 89,245USD per tonne: $4,2224.8%Sea
Thailand0.31Tonnes: 273,980USD per tonne: $1,1353.3%Sea
United Kingdom0.25Tonnes: 1,572USD per tonne: $158,0992.7%Air
Bahamas0.21Tonnes: 37,468USD per tonne: $5,5632.2%Sea
Indonesia0.18Tonnes: 128,463USD per tonne: $1,4342%Sea
India0.11Tonnes: 11,478USD per tonne: $9,1731.1%Sea
Brazil0.09Tonnes: 86,810USD per tonne: $1,0060.94%Sea
Hong Kong re-exports0.08Tonnes: 1,572USD per tonne: $53,3910.9%Air
Philippines0.07Tonnes: 17,101USD per tonne: $3,9230.72%Sea
Cyprus0.06Tonnes: 786USD per tonne: $79,7810.67%Air
Turkey0.05Tonnes: 17,283USD per tonne: $2,9480.55%Sea
Germany0.03Tonnes: 8,742USD per tonne: $3,4680.32%Sea
Barbados0.03Tonnes: 393USD per tonne: $77,0360.32%Air
China0.02Tonnes: 5,252USD per tonne: $3,8860.22%Sea
Denmark0.02Tonnes: 13,090USD per tonne: $1,4970.21%Sea
Spain0.02Tonnes: —USD per tonne: —0.16%Sea

Trend

Who it sells to

Panama was its main destination throughout the period

Value in USD billions. The five largest destinations in 2024.

  • Panama 3.9
  • Liberia 1.6
  • Marshall Islands 1.2
  • South Korea 0.53
  • Singapore 0.45

Source: CEPII BACI

Show the numbers
Partner19952024
Panama6.53.9
Liberia1.81.6
Marshall Islands0.171.2
South Korea0.180.53
Singapore0.460.45

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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