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.

The export of goods from Japan to Vietnam was valued at about **** billion U.S. dollars in 2023. Among the most important commodities exported from Japan to Vietnam were electrical machinery and equipment, as well as related parts.

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 September of 2025.

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 JP: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data was reported at 10.780 % in 2016. This records an increase from the previous number of 9.690 % for 2015. Japan JP: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data is updated yearly, averaging 11.430 % from Dec 1988 (Median) to 2016, with 29 observations. The data reached an all-time high of 18.220 % in 2001 and a record low of 5.020 % in 2013. Japan JP: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products 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: Trade Tariffs. Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Japan JP: Tariff Rate: Most Favored Nation: Simple Mean: All Products data was reported at 4.800 % in 2016. This records an increase from the previous number of 4.470 % for 2015. Japan JP: Tariff Rate: Most Favored Nation: Simple Mean: All Products data is updated yearly, averaging 5.110 % from Dec 1988 (Median) to 2016, with 29 observations. The data reached an all-time high of 6.390 % in 2001 and a record low of 3.080 % in 2013. Japan JP: Tariff Rate: Most Favored Nation: Simple Mean: All Products 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: Trade Tariffs. Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

United States Imports from Japan was US$152.07 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Japan - data, historical chart and statistics - was last updated on September of 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 recorded a trade deficit of 242.53 JPY Billion in August of 2025. This dataset provides - Japan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Japan JP: Imports: USD: All Services: Travel data was reported at 5.006 USD bn in 2023. This records a decrease from the previous number of 5.143 USD bn for 2022. Japan JP: Imports: USD: All Services: Travel data is updated yearly, averaging 26.506 USD bn from Dec 1996 (Median) to 2023, with 28 observations. The data reached an all-time high of 38.247 USD bn in 2004 and a record low of 2.832 USD bn in 2021. Japan JP: Imports: USD: All Services: Travel data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.TISP: Trade in Services: Imports: USD: by Services: OECD Member: Annual. This component of EBOPS 2010 differs from most internationally traded services in that it is transactor-based. Unlike most services in EBOPS, travel is not a specific product; rather, it encompasses a range of goods and services consumed by non-residents in the economy that they visit. Travel is defined as covering goods and services for own use or to be given away, acquired from an economy, by non-residents during visits to that economy. It covers stays of any length, provided that there is no change in residence.Travel includes goods and services acquired by persons undertaking study or medical care while outside the territory of residence. It also includes acquisitions of goods and services by seasonal, border and other short-term workers in the economy of employment.The goods and services may be purchased by the persons concerned or by another party on their behalf; for example, business travel may be paid for or reimbursed by an employer; tuition and living costs of a student may be paid by a overnment; and health costs may be paid or reimbursed by a Government or insurer. Goods and services supplied by the producer without charge are also included, for example, tuition and board provided by a university.The most common goods and services entered under travel are accommodation, food, beverages and transport purchased within the economy visited (all of which are consumed in the supplying economy). Gifts, souvenirs and other articles that are purchased for own use and that may be taken out of the economies visited are also included.In line with the accrual principle, goods and services acquired during the visit, but paid for earlier or later, are included in travel. Goods and services may be acquired by being paid for by the person going abroad, paid for on his or her behalf, provided without a quid pro quo (for example, free room and board received: in such a case, there is also a corresponding transfer) or produced on own account (as in some cases of ownership of real estate and time-share accommodation).The goods and services for own use or to be given away, purchased by or provided to the non-resident while on the trip that would otherwise be classified under another item, such as postal services, telecommunications, and transport, are included in travel. This includes transport within a particular economy being visited where such transport is provided by carriers resident in that economy but excludes the international carriage of persons, which is covered in passenger services under transport services. Also excluded are goods purchased for resale in the resident's own economy or in a third economy. The acquisition of valuables (such as jewellery and expensive art), consumer durable goods (such as cars and electronic goods) and other consumer purchases for own use that is in excess of customs thresholds, are excluded. These goods are included in general merchandise.Travel excludes the acquisition of goods and services by diplomats, consular staff, military personnel, etc., and their dependants in the territory in which they are posted (included in Government goods and services n.i.e.).

Japan JP: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products data was reported at 2.750 % in 2016. This records an increase from the previous number of 2.670 % for 2015. Japan JP: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products data is updated yearly, averaging 2.930 % from Dec 1988 (Median) to 2016, with 29 observations. The data reached an all-time high of 5.170 % in 1988 and a record low of 2.430 % in 2013. Japan JP: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products 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: Trade Tariffs. Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Japan JP: Exports: USD: All Services: Travel data was reported at 16.212 USD bn in 2023. This records an increase from the previous number of 9.238 USD bn for 2022. Japan JP: Exports: USD: All Services: Travel data is updated yearly, averaging 10.762 USD bn from Dec 1996 (Median) to 2023, with 28 observations. The data reached an all-time high of 46.054 USD bn in 2019 and a record low of 3.308 USD bn in 2001. Japan JP: Exports: USD: All Services: Travel data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.TISP: Trade in Services: Exports: USD: by Services: OECD Member: Annual. This component of EBOPS 2010 differs from most internationally traded services in that it is transactor-based. Unlike most services in EBOPS, travel is not a specific product; rather, it encompasses a range of goods and services consumed by non-residents in the economy that they visit. Travel is defined as covering goods and services for own use or to be given away, acquired from an economy, by non-residents during visits to that economy. It covers stays of any length, provided that there is no change in residence.Travel includes goods and services acquired by persons undertaking study or medical care while outside the territory of residence. It also includes acquisitions of goods and services by seasonal, border and other short-term workers in the economy of employment.The goods and services may be purchased by the persons concerned or by another party on their behalf; for example, business travel may be paid for or reimbursed by an employer; tuition and living costs of a student may be paid by a overnment; and health costs may be paid or reimbursed by a Government or insurer. Goods and services supplied by the producer without charge are also included, for example, tuition and board provided by a university.The most common goods and services entered under travel are accommodation, food, beverages and transport purchased within the economy visited (all of which are consumed in the supplying economy). Gifts, souvenirs and other articles that are purchased for own use and that may be taken out of the economies visited are also included.In line with the accrual principle, goods and services acquired during the visit, but paid for earlier or later, are included in travel. Goods and services may be acquired by being paid for by the person going abroad, paid for on his or her behalf, provided without a quid pro quo (for example, free room and board received: in such a case, there is also a corresponding transfer) or produced on own account (as in some cases of ownership of real estate and time-share accommodation).The goods and services for own use or to be given away, purchased by or provided to the non-resident while on the trip that would otherwise be classified under another item, such as postal services, telecommunications, and transport, are included in travel. This includes transport within a particular economy being visited where such transport is provided by carriers resident in that economy but excludes the international carriage of persons, which is covered in passenger services under transport services. Also excluded are goods purchased for resale in the resident's own economy or in a third economy. The acquisition of valuables (such as jewellery and expensive art), consumer durable goods (such as cars and electronic goods) and other consumer purchases for own use that is in excess of customs thresholds, are excluded. These goods are included in general merchandise.Travel excludes the acquisition of goods and services by diplomats, consular staff, military personnel, etc., and their dependants in the territory in which they are posted (included in Government goods and services n.i.e.).

In 2023, Japan recorded a deficit in goods and service trade with Australia valued at more than ************** Japanese yen. The Japanese trade balance with Australia remained negative in recent years, as imports exceeded the value of exports for consecutive years. Apart from fossil fuels and nonferrous metals, meats, in particular beef and veal, are major commodities imported to Japan.

Time series data for the statistic Trade_Balance_Japan_with_Haiti. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at 0.8668 Million as of 3/31/2025, the highest value since 2/29/2024. Regarding the One-Year-Change of the series, the current value constitutes an increase of 1.08 Million compared to the value the year prior.The Serie's long term average value is 2.56 Million. It's latest available value, on 3/31/2025, is -1.69 Million lower, compared to it's long term average value.The Serie's change from it's minimum value, on 5/31/1993, to it's latest available value, on 3/31/2025, is +1.41 Million.The Serie's change from it's maximum value, on 11/30/2011, to it's latest available value, on 3/31/2025, is -14.84 Million.

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.

In 2024, the total value of foreign trade in Japan reached almost *** trillion Japanese yen. Trade reached a decade-high due to strong exports amid a weak yen. Japan’s trade openness ratio grew rapidly in the last decade as regulations were loosened to open domestic markets to foreign businesses. Trade commodities Durable goods such as electrical machinery, general machinery, and transport equipment are the main trade commodities in Japan. Machinery and motor vehicles are integral parts of the export market due to the global market positions of successful Japanese multinational manufacturers like Toyota Motor Corporation, Honda Motor Company, Ltd., and Komatsu Ltd. among others. Trade partners Japan's main trade partners are China and the United States, which between them receive more than a third of all goods exported from Japan. While the country records a surplus in its trade with the United States, the balance of trade with China is characterized by a deficit, as imports exceed the value of exports. However, to diversify its supply chain and broaden foreign distribution channels, the country entered into free trade agreements with neighboring nations and other Western partners.

Overview with Chart & Report: Goods Trade Balance reflects the difference between exported and imported goods in the given month, in monetary terms. If a country imports more goods than it exports, a trade deficit is formed

In 2024, Mexico was the top trading partner of the United States based on import value. In that year, U.S. imports from Mexico totaled to 505.85 billion U.S. dollars. China and Canada rounded out the top three as these countries continue to enjoy a close trading relationship under the United States-Mexico-Canada trade agreement. Germany and Japan were also high on the list, both providing the U.S. with over 140 billion dollars worth of imports in 2024.

Japan JP: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data was reported at 1.940 % in 2016. This records a decrease from the previous number of 2.100 % for 2015. Japan JP: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data is updated yearly, averaging 2.310 % from Dec 1988 (Median) to 2016, with 29 observations. The data reached an all-time high of 5.360 % in 1988 and a record low of 1.710 % in 2013. Japan JP: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products 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: Trade Tariffs. Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;