Tracking Docket Japan is one of the leading countries that have the highest number of imports and exports due to its unique location. As it is surrounded by seas on all sides, the major form of bulk transportation occurs with the help of seaways. It is well connected to neighboring countries like China, Malaysia, Thailand, and South Korea.
Due to its increasing population and growth, the economic condition of Japan has been increasing over recent years that have promoted overseas trade in recent years. Japan also imports and exports a wide range of products to the United States and Europe with the help of Cargo Airbuses that are responsible for carrying mass freight over distant areas. The revenue of product exports and imports in Japan was $696 billion and $654 billion respectively in 2019.
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Japan’s Top 10 Export Countries
Due to the high production of materials and items, Japan exports its products to foreign countries in the world. China ranks at the top with a value of 141 billion USD. Most of these counties rely on japan for its unique products that are available at a reasonable cost. Next USA, Korea, and other Asian countries are also included in Japan’s export countries. Singapore and Malaysia are also included in the list followed by Germany and Vietnam. This has helped to improve the interconnectivity of Japan’s sea and air transport with foreign countries over the last few years.
Japan’s Top 10 Export Goods
The main export goods of Japan include Automobiles with a total value worth 122.6 billion USD. Next to that, electronic equipment and computer peripherals are also included in the list with a value of 121.8 billion USD. Plastics, chemicals, iron are also exported in large quantities from Japan. When it comes to the fashion and apparel industry, Japan also exports a wide range of precious stones and ornaments to different countries worldwide. Ships and boats also form an integral part of Japan’s export products worth 10.8 billion USD.
| Sl. No. | Export Product | Percentage | Value (USD) |
| 1 | Vehicles | 12.6% | $80 billion |
| 2 | Machinery including computers | 4.52% | $29 billion |
| 3 | Electrical machinery, accessories of the motor vehicles | 4.21% | $27 billion |
| 4 | Machines and mechanical appliances | 3.11% | $19.9 billion |
| 5 | projection screens, cinematographic, semiconductor materials | 1.9% | $12.1 billion |
| 6 | Ships, boats | 1.66% | $10.6 billion |
| 7 | Diodes, transistors, and similar semiconductor devices | 1.39% | $8.94 billion |
| 8 | Gold | 1.29% | $8.31 billion |
| 9 | Self-propelled bulldozers, angledozers, graders, levelers, scrapers, mechanical shovels, excavators, shovel loaders, tamping machines, and road rollers | 1.24% | $7.96 billion |
Also, check Ecuador’s top exports list.
Japan’s Top 10 Export Countries
Due to the high production of materials and items, Japan exports its products to foreign countries in the world. China ranks at the top with a value of 141 billion USD. Most of these counties rely on japan for its unique products that are available at a reasonable cost. Next USA, Korea, and other Asian countries are also included in Japan’s export countries. Singapore and Malaysia are also included in the list followed by Germany and Vietnam. This has helped to improve the interconnectivity of Japan’s sea and air transport with foreign countries over the last few years.
| Sl. No. | Country | Percentage | Value (USD) |
| 1 | China | 22% | 141 billion |
| 2 | USA | 18.5% | 118 billion |
| 3 | Korea | 6.96% | 44 billion |
| 4 | Other Asia, nes | 6.92% | 44 billion |
| 5 | Hong Kong | 4.99% | 31 billion |
| 6 | Thailand | 3.98% | 25 billion |
| 7 | Singapore | 2.76% | 17.6 billion |
| 8 | Germany | 2.74% | 17.5 billion |
| 9 | Vietnam | 2.66% | 17.1 billion |
| 10 | Malaysia | 1.96% | 12.5 billion |
Japan’s Top 10 Import Goods
Japan imports different products that are required for the manufacturing and production of newer items in the industries. This includes both innovation and development in all dimensions allowing a chance to grow the economy. Petroleum products are imported in abundance with a value of approximately 43 billion USD. Other electronic products like mobile phones, cameras, sound recorders, televisions are also included in the list. Medical and pharma are also included in Japan’s import goods followed by minerals and natural ores.
- Mineral fuels, oils, waxes: 16.6%, $105 billion
- Electrical machinery, Sound Recorders, TV : 15%, $95 billion
- Nuclear reactors, boilers, machinery: 10.3%, 65 billion
- Optical, Photographic, cinematographic: 4.51%, $28 billion
- Pharmaceutical products: 4.49%, $28 billion
- Ores, slag and ash: 33%, $21 billion
- Vehicles & Accessories: 11%, 19.7 billion
- Natural or cultured pearls and imitation jewelry: 2.5%, $15.8 billion
- Organic chemicals: 2.49%, $15.8 billion
- Plastics: 2.37%, $15 billion
Top 10 Import Countries in 2020
Due to its unique location, Japan imports raw materials and items required for production from countries like China, the USA, Australia, etc. This has led to the development of friendly relations with the neighboring countries and has led to the overall development of foreign trade. China ranks as the Top import country with a value of 163 billion USD followed by America and Australia. Other Asian countries like Vietnam, Thailand, are also included in the list of import countries in Japan. Saudi Arabia and the United Arab Emirates are also importing their products and raw materials to Japan.
- China: 25% > 163 billion
- USA: 11.2% > 71 billion
- Australia: 5.61% > 35 billion
- Other Asia, NES : 4.21% > 26 billion
- Korea: 4.18% > 26 billion
- Thailand: 74% > 23 billion
- Vietnam: 3.47% > 22 billion
- Germany: 3.34% > 21 billion
- Saudi Arabia: 2.9% > 18.4 billion
- United Arab Emirates: 2.58% > 16.3 billion
Product
- Revenue of Product Exports in 2019: $696 billion
- Revenue of Product Imports in 2019: $654 billion
Per Capita
- Revenue of Per Capita Product Exports in 2019: $5.51k
- Revenue of Per Capita Product Imports in 2019: $5.18k
GDP
- $4.9 trillion: Nominal, 2020 est.
- $5.2 trillion: PPP, 2020 est.
Service Exports & Imports
- Revenue of Service Exports in 2018: $192 billion
- Revenue of Service Imports in 2018: $190 billion
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