Japan’s trade openness has increased significantly in the last decades as the country is working towards market liberalization and the expansion of trade relations. However, despite the increasing number of bilateral agreements created with trading partners, the United States and China remain Japan's biggest export markets. In 2024, the United States received around ** percent of commodities leaving Japan. China followed with a **** percent share, with general and electrical machinery being major goods exported from Japan to the East Asian partner. What goods are leaving Japan? Japan exported commodities valued at around *** trillion Japanese yen in 2024. Transport equipment and machinery were the leading commodities leaving the country, driven by the prominence of domestic automotive and machinery brands in the global market. Motor vehicles are a long-standing pillar of the export market, with widely recognized brands like Honda, Mazda, Mitsubishi, Nissan, and Toyota originating from Japan. Japan’s export position in the global market The demand for Japanese goods has been rising globally, pushed by the favorable impression of quality products among consumers and businesses. While Japan is not a heavily trade-dependent nation, the trade openness ratio jumped to an all-time high in 2022, as the sum of imports and exports constituted almost ** percent share of the gross domestic product. Commodity exports are the main segment in the trade accounts of the Japanese GDP, whereas service exports are a minor segment.

Japan's total Exports in 2024 were valued at US$707.39 Billion, according to the United Nations COMTRADE database on international trade. Japan's main export partners were: the United States, China and South Korea. The top three export commodities were: Vehicles other than railway, tramway; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Imports were valued at US$742.67 Billion. In 2024, Japan had a trade deficit of US$35.28 Billion.

Exports in Japan increased to 9190.14 JPY Billion in February from 7865.19 JPY Billion in January of 2025. This dataset provides the latest reported value for - Japan Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, general machinery accounted for the largest share of exports from Japan to China, valued at around *** trillion Japanese yen. Electrical machinery followed closely in second place as the largest export commodity from Japan. Both commodity groups also play a major role in the import market from China to Japan.

Japan receives almost **** of its commodity imports from Asia, as China remains a key trade partner. In 2024, commodities imported from China accounted for a **** percent share of imports on a value basis. The United States followed as the second-largest source of goods entering Japan, while it overtook China as the leading export partner in 2024. What goods are entering Japan? The country’s low energy self-sufficiency and lack of reserves makes ************* like *********, *********************, and **** a key import item. Another commodity group important to domestic manufacturers is electrical machinery, including semiconductors and communications devices. As Japan is home to prominent multinational corporations in the automotive, technology, and consumer electronics industries, semiconductors have become a strategic element to the country’s economic success. While the Japanese government plans to revive the domestic semiconductor industry through financial support, imports of integrated circuits from production areas like Taiwan and South Korea are needed to meet demand. Japan’s import position in the global market Japan’s current account of goods and services is characterized by a deficit as imports exceed exports. The country managed to shrink the deficit in the last decade, but it grew again since 2022. A jump in mineral fuel prices and the weakening of the yen compared to major currencies like the U.S. dollar and euro drove up import costs. Apart from China, major trade partners with whom Japan recorded a negative trade balance include mostly suppliers of ************* like *********, ************, and the ********************.

Japan Exports to United States was US$141.52 Billion during 2024, according to the United Nations COMTRADE database on international trade. Japan Exports to United States - data, historical chart and statistics - was last updated on July of 2025.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

In 2024, the total value of commodities exported from Japan exceeded *** trillion Japanese yen, reaching a decade-high. Machinery and transportation equipment are the main commodities exported from Japan.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Japan (XTEXVA01JPM657S) from Feb 1957 to Apr 2025 about Japan, exports, trade, and goods.

Japan trade balance for 2023 was -64.81 billion US dollars, a 59.5% decline from 2022.

<ul style='margin-top:20px;'>

<li>Japan trade balance for 2022 was <strong>-160.05 billion US dollars</strong>, a <strong>510.73% increase</strong> from 2021.</li>
<li>Japan trade balance for 2021 was <strong>-26.21 billion US dollars</strong>, a <strong>92.87% increase</strong> from 2020.</li>
<li>Japan trade balance for 2020 was <strong>-13.59 billion US dollars</strong>, a <strong>8.25% decline</strong> from 2019.</li>
</ul>External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

In 2024, the commodity exports from Japan were valued at over 107 trillion Japanese yen, out of which transport equipment like motor vehicles and related parts accounted for the largest share. Exports of general machinery followed as the second main segment, with 18.45 trillion yen.

United States Exports to Japan was US$79.72 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Exports to Japan - data, historical chart and statistics - was last updated on June of 2025.

Graph and download economic data for International Trade: Exports: Value (Goods): Total for Japan (XTEXVA01JPA188S) from 1994 to 2022 about Japan, exports, trade, and goods.

Graph and download economic data for International Trade: Exports: Value (Goods): Total for Japan (XTEXVA01JPQ188S) from Q1 1994 to Q3 2023 about Japan, exports, trade, and goods.

Japan Exports to China was US$124.63 Billion during 2024, according to the United Nations COMTRADE database on international trade. Japan Exports to China - data, historical chart and statistics - was last updated on July of 2025.

In 2023, China exported approximately 38.04 billion U.S. dollars worth of electrical machinery and equipment to Japan. The total of China's exports to Japan exceeded 157.58 billion U.S. dollars that year.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Japan (XTEXVA01JPA659S) from 1958 to 2024 about Japan, exports, trade, and goods.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Japan (XTEXVA01JPQ657S) from Q2 1957 to Q1 2025 about Japan, exports, trade, and goods.

In 2023, Liberia was the leading export destination for Japan in Africa, with over *** billion Japanese yen. South Africa followed as the second-largest trade partner in Africa, with transport equipment and general machinery representing major export goods.

Japan JP: Exports: Goods: by Reporting Economy data was reported at 644.933 USD bn in 2016. This records an increase from the previous number of 624.801 USD bn for 2015. Japan JP: Exports: Goods: by Reporting Economy data is updated yearly, averaging 265.018 USD bn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 822.564 USD bn in 2011 and a record low of 3.913 USD bn in 1960. Japan JP: Exports: Goods: by Reporting Economy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank: Exports. Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Sum;