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.

Key information about Japan Total Exports

• Japan Total Exports recorded 59.1 USD bn in Jan 2025, compared with 61.4 USD bn in the previous month
• Japan Total Exports data is updated monthly, available from Apr 1995 to Jan 2025, with an averaged value of 55.6 USD bn
• The data reached an all-time high of 74.1 USD bn in Sep 2011 and a record low of 29.6 USD bn in Aug 1998

• In the latest reports, Japan Total Exports grew 5.9 % YoY in Jan 2025
• Total Imports recorded 64.6 USD bn in Jan 2025, which registered an increase of 15.9 % year on year
• Japan Trade Balance recorded a deficit of 5.5 USD bn in Jan 2025

The timeline shows the total value of U.S. trade in goods (export and import) with Japan from 2000 to 2024. In 2024, the total value of U.S. trade in goods with Japan amounted to about *** billion U.S. dollars; composed of exports worth ** billion U.S. dollars and imports of *** billion U.S. dollars.

Japan's total Imports in 2024 were valued at US$742.67 Billion, according to the United Nations COMTRADE database on international trade. Japan's main import partners were: China, the United States and Australia. The top three import commodities were: Mineral fuels, oils, distillation products; Electrical, electronic equipment and Machinery, nuclear reactors, boilers. Total Exports were valued at US$707.39 Billion. In 2024, Japan had a trade deficit of US$35.28 Billion.

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’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.

Japanese technology trade imports by business enterprises were valued at ***** billion Japanese yen in fiscal year 2023, down from ***** billion yen in the previous fiscal year. Major countries from which Japan imported were the United States, the United Kingdom, Switzerland, and Germany.

Imports in Japan decreased to 8599.61 JPY Billion in February from 10606.91 JPY Billion in January of 2025. This dataset provides the latest reported value for - Japan Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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 October of 2025.

In 2023, international trade equaled a ** percent share of the Japanese gross domestic product (GDP). The trade-to-GDP ratio is an indicator to measure the trade openness of a country by comparing the sum of imports and exports to the GDP. Even though Japan is not considered a trade-dependent nation, its openness to international trade increased significantly in the last decades, implying a gradual change from a restrictive trade market. Heavy lifters in Japanese trade Japan’s export position within global markets is supported by the reputation of multinational brands operating predominantly in the transport and heavy industries. Furthermore, general trading companies, so-called sogo shosha, are unique to the Japanese business landscape, and they contribute a significant amount to Japan’s international trade. Leading the Japanese trading market, the companies present a diversified portfolio covering raw materials, industrial products, and finished consumer goods. As machinery and transport equipment are the main commodities leaving and entering the countries, major sogo shosha that are operating in the segments through their subsidiaries represent the heavy lifters of foreign trade activities originating from Japan. Lifting of restrictive barriers In the last decades, the Japanese government has been taking steps to liberalize domestic markets and remove restrictive regulations that used to protect domestic industries from foreign competitors. As the country faces demographic challenges from an aging society as well as a sluggish automatization of manufacturing industries, sourcing from overseas is required to ensure a stable supply in domestic markets. Formerly a heavily regulated sector to protect local farmers, the trade of agricultural produce became a key point in the negotiation of bilateral and multilateral partnership agreements. By removing tariffs and setting standards for food safety as well as product labeling, imports of agricultural commodities have been exceeding ************* yen recently.

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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.

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Japan Exports: Iron and Steel Products: USA data was reported at 18.719 JPY bn in Oct 2018. This records an increase from the previous number of 13.927 JPY bn for Sep 2018. Japan Exports: Iron and Steel Products: USA data is updated monthly, averaging 16.433 JPY bn from Jan 1990 (Median) to Oct 2018, with 346 observations. The data reached an all-time high of 48.986 JPY bn in Sep 1998 and a record low of 6.330 JPY bn in Apr 2003. Japan Exports: Iron and Steel Products: USA data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Japan – Table JP.WA004: Exports and Imports: Value.

In 2024, Japanese manufacturers exported approximately **** million motor vehicles to the United States, decreasing compared to the previous year. Within the last decade, the export volume of motor vehicles from Japan to the U.S. was highest in 2016 and 2017, amounting to around **** million units.

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