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.
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.
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Graph and download economic data for International Merchandise Trade Statistics: Imports: Commodities for Japan (JPNXTIMVA01CXMLM) from Jan 1957 to May 2025 about imports, Japan, and trade.
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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.
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Japan Exports of commodities not specified according to kind was US$58.94 Billion during 2024, according to the United Nations COMTRADE database on international trade. Japan Exports of commodities not specified according to kind - data, historical chart and statistics - was last updated on June of 2025.
Electrical machinery was the most traded commodity in Japan in 2024, with imports and exports summing up to over ** trillion Japanese yen. That year, the total value of foreign trade in Japan exceeded *** trillion yen.
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Japan JP: Goods Trade: % of GDP data was reported at 28.120 % in 2017. This records an increase from the previous number of 25.307 % for 2016. Japan JP: Goods Trade: % of GDP data is updated yearly, averaging 18.298 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 30.975 % in 2014 and a record low of 13.557 % in 1993. Japan JP: Goods Trade: % of GDP 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 Statistics. Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.; ; World Trade Organization, and World Bank GDP estimates.; Weighted average;
In 2024, commodities imported to Japan were valued at around *** trillion Japanese yen, out of which mineral fuels accounted for almost a quarter. Due to the lack of oil reserves in Japan, the country is reliant on imports from overseas to cover its domestic energy demand.
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Japan Exports of commodities not specified according to kind to Liberia was US$1.03 Million during 2024, according to the United Nations COMTRADE database on international trade. Japan Exports of commodities not specified according to kind to Liberia - data, historical chart and statistics - was last updated on June of 2025.
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Key information about Japan Total Trade of Goods and Services: % of Nominal GDP
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Net trade in goods and services (BoP, current US$) in Japan was reported at --69106122533 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - Net trade in goods and services (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Japan Imports from United States of Commodities not specified according to kind was US$1.23 Billion during 2024, according to the United Nations COMTRADE database on international trade. Japan Imports from United States of Commodities not specified according to kind - data, historical chart and statistics - was last updated on July of 2025.
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.
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Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Japan (XTEXVA01JPQ664S) from Q1 1955 to Q1 2025 about Japan, exports, trade, and goods.
The Japanese yen based export price index (EPI) for all traded commodities stood at ***** index points in 2023. This indicated an export price increase by over ** index points compared to the base year 2020, when the lowest EPI was recorded for the most recent seven years.
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Japan Exports of commodities not specified according to kind to Guatemala was US$10.76 Million during 2024, according to the United Nations COMTRADE database on international trade. Japan Exports of commodities not specified according to kind to Guatemala - data, historical chart and statistics - was last updated on June of 2025.
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Japan Exports of commodities not specified according to kind to Sierra Leone was US$10.47 Thousand during 2024, according to the United Nations COMTRADE database on international trade. Japan Exports of commodities not specified according to kind to Sierra Leone - data, historical chart and statistics - was last updated on June of 2025.
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Japan Exports of commodities not specified according to kind to Russia was US$205.67 Million during 2024, according to the United Nations COMTRADE database on international trade. Japan Exports of commodities not specified according to kind to Russia - data, historical chart and statistics - was last updated on July of 2025.
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Japan TB: Canada: Essential Oils & Resinoids data was reported at -0.069 JPY bn in Mar 2025. This records a decrease from the previous number of 0.017 JPY bn for Feb 2025. Japan TB: Canada: Essential Oils & Resinoids data is updated monthly, averaging -0.111 JPY bn from Jan 1988 (Median) to Mar 2025, with 447 observations. The data reached an all-time high of 0.289 JPY bn in Jun 2022 and a record low of -0.709 JPY bn in Sep 2012. Japan TB: Canada: Essential Oils & Resinoids data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Japan – Table JP.JA006: Trade Balance: by Country and Commodity: by 2 Digit HS Code.
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Japan TB: Saudi Arabia: Base Metal of Tools, Implements, Cutlery, Spoons & Forks data was reported at 0.161 JPY bn in Mar 2025. This records an increase from the previous number of 0.145 JPY bn for Feb 2025. Japan TB: Saudi Arabia: Base Metal of Tools, Implements, Cutlery, Spoons & Forks data is updated monthly, averaging 0.157 JPY bn from Jan 1988 (Median) to Mar 2025, with 279 observations. The data reached an all-time high of 0.476 JPY bn in Dec 2002 and a record low of 0.038 JPY bn in Jul 2021. Japan TB: Saudi Arabia: Base Metal of Tools, Implements, Cutlery, Spoons & Forks data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Japan – Table JP.JA006: Trade Balance: by Country and Commodity: by 2 Digit HS Code.
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.