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.

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;

This graph shows the growth in the U.S. export volume of trade goods to Japan from 1985 to 2024. In 2024, the U.S. exports to Japan amounted to about 79.74 billion U.S. dollars.

Key information about Japan Total Trade of Goods and Services: % of Nominal GDP

• Japan Total Trade of Goods & Services: % of Nominal GDP recorded 45.393 % in Dec 2024, compared with 47.632 % in the previous quarter.
• Japan Total Trade of Goods & Services: % of Nominal GDP data is updated quarterly, available from Mar 1955 to Dec 2024, with an averaged value of 22.752 %.
• The data reached an all-time high of 51.025 % in Sep 2022 and a record low of 14.627 % in Dec 1993.

CEIC calculates quarterly Total Trade of Goods and Services as % of Nominal GDP from quarterly Total Trade of Goods and Services and quarterly Nominal GDP. Economic and Social Research Institute provides Total Trade of Goods and Services in local currency and Nominal GDP in local currency, both based on SNA 2008. Total Trade of Goods and Services as % of Nominal GDP prior to Q1 1994 is calculated from Nominal GDP and Total Trade of Goods and Services both based on SNA 1993. Total Trade of Goods and Services as % of Nominal GDP prior to Q1 1980 is calculated from Nominal GDP and Total Trade of Goods and Services both based on SNA 1968.

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 Merchandise Trade Statistics: Trade Balance: Commodities for Japan (XTNTVA01JPQ667S) from Q1 1957 to Q1 2025 about Japan, trade, Net, and goods.

Graph and download economic data for International Trade: Imports: Value (Goods): Total for Japan (XTIMVA01JPQ188S) from Q1 1994 to Q3 2023 about imports, Japan, trade, and goods.

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 JP: Term of Trade: Goods and Services data was reported at 0.931 Ratio in 2026. This records an increase from the previous number of 0.928 Ratio for 2025. Japan JP: Term of Trade: Goods and Services data is updated yearly, averaging 1.416 Ratio from Dec 1960 (Median) to 2026, with 67 observations. The data reached an all-time high of 2.304 Ratio in 1972 and a record low of 0.865 Ratio in 2022. Japan JP: Term of Trade: Goods and Services 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.EO: Exports and Imports Price Index: Forecast: OECD Member: Annual. TTRADE - Terms of trade, goods and services

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.

Japan JP: Tariff Rate: Applied: Simple Mean: All Products data was reported at 3.510 % in 2016. This records a decrease from the previous number of 3.520 % for 2015. Japan JP: Tariff Rate: Applied: Simple Mean: All Products data is updated yearly, averaging 4.010 % from Dec 1988 (Median) to 2016, with 29 observations. The data reached an all-time high of 4.550 % in 1988 and a record low of 2.330 % in 2013. Japan JP: Tariff Rate: Applied: 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 applied tariff is the unweighted average of effectively applied 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. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.; ; 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 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.

Japan JP: Tariff Rate: Applied: Weighted Mean: All Products data was reported at 2.550 % in 2016. This records an increase from the previous number of 2.300 % for 2015. Japan JP: Tariff Rate: Applied: Weighted Mean: All Products data is updated yearly, averaging 4.040 % from Dec 1988 (Median) to 2016, with 29 observations. The data reached an all-time high of 5.750 % in 2001 and a record low of 1.180 % in 2013. Japan JP: Tariff Rate: Applied: Weighted 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.WDI: Trade Tariffs. Weighted mean applied tariff is the average of effectively applied 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead.; ; 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: Share of Tariff Lines with Specific Rates: All Products data was reported at 1.085 % in 2016. This records a decrease from the previous number of 1.360 % for 2015. Japan JP: Share of Tariff Lines with Specific Rates: All Products data is updated yearly, averaging 2.581 % from Dec 1988 (Median) to 2016, with 29 observations. The data reached an all-time high of 4.758 % in 2013 and a record low of 0.001 % in 2014. Japan JP: Share of Tariff Lines with Specific Rates: 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.WDI: Trade Tariffs. Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures.; ; 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.; ;

In 2022, the value of foodstuff exports from Japan reached a record-high of around *** trillion Japanese yen. In the same year, the food imports were almost nine times higher with over **** trillion yen, implying the country's high reliance on imported products to cover domestic demand.

Japan JP: Tariff Rate: Applied: Simple Mean: Primary Products data was reported at 10.810 % in 2016. This records an increase from the previous number of 10.570 % for 2015. Japan JP: Tariff Rate: Applied: Simple Mean: Primary Products data is updated yearly, averaging 10.820 % from Dec 1988 (Median) to 2016, with 29 observations. The data reached an all-time high of 14.870 % in 2002 and a record low of 4.770 % in 2013. Japan JP: Tariff Rate: Applied: 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 applied tariff is the unweighted average of effectively applied 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. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. 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 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.

Graph and download economic data for International Merchandise Trade Statistics: Imports: Commodities for Japan (XTIMVA01JPM659S) from Jan 1958 to Apr 2025 about imports, Japan, trade, and goods.

Japan JP: Bound Rate: Simple Mean: Primary Products data was reported at 4.880 % in 2016. This stayed constant from the previous number of 4.880 % for 2015. Japan JP: Bound Rate: Simple Mean: Primary Products data is updated yearly, averaging 17.560 % from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 28.290 % in 2002 and a record low of 4.740 % in 1995. Japan JP: Bound Rate: 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.WDI: Trade Tariffs. Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. 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 World Trade Organization.; ;

Japan recorded a trade deficit of 637.61 JPY Billion in May of 2025. This dataset provides - Japan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.