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Japan – Export Import

Japan - Import

Japanese imports amounted to US$607.1 billion in 2016, up by 10% since 2009 but down by -2.9% from 2015 to 2016.

Japan’s top 10 imports accounted for almost two-thirds (64%) of the overall value of its product purchases from other countries.

Japanese imports represent about 3.7% of total global imports.

From a continental perspective, 60.4% of Japan’s total imports by value in 2016 were purchased from other Asian countries. European trade partners supplied 16% of import sales to Japan while 13.9% worth originated from North America.

Given Japan’s population of 126.7 million people, its total $607.1 billion in 2016 imports translates to $4,800 in yearly product demand from every person in the country.

Japan Top 10 Imports for the FY 2016

Purchase Products

Total Imports ( US $ billions)

Per %

Mineral Fuels including Oil

110.7 $ billion

18.2 %

Electrical Machinery, Equipments

89.9 $ billion

14.8 %

Machinery including computers

59.4 $ billion

9.8 %

Pharmaceuticals

24.4 $ billion

4.0 %

Optical, Technical, Medical Apparatus

24.2 $ billion

4.0 %

Vehicles

20.9 $ billion

3.4 %

Ores, slag, Ash

17.3 $ billion

2.9 %

Organic Chemicals

14.4 $ billion

2.4 %

Plastics, Plastic Articles

13.9 $ billion

2.3 %

Clothing, accessories

13.4 $ billion

2.2 %

 

Japan’s Top Trading Partners

Trading Partners

Total Exports ( US $ billions)

 Per %

United States

130.5 $ billion

20.2 %

China

113.9 $ billion

17.7 %

South Korea

46.3 $ billion

7.2 %

Taiwan

39.4 $ billion

6.1 %

Hong Kong

33.6 $ billion

5.2 %

Thailand

27.4 $ billion

4.3 %

Singapore

19.8 $ billion

3.1 %

Germany

17.7 $ billion

2.7 %

Australia

14.2 $ billion

2.2 %

United Kingdom

13.7 $ billion

2.1 %

Vietnam

13.0 $ billion

2.0 %

Malaysia

12.1 $ billion

1.9 %

Netherlands

11.8 $ billion

1.8 %

Indonesia

11.3 $ billion

1.8 %

Mexico

10.7 $ billion

1.7 %

 

Top Trade Balances by Products

 Products

Surplus (US $ Billion)

Per %

Cars

81.6 $ billion

+ 41.5 %

Automobiles, parts/accessories

24.1 $ billion

+16.4 %

Machinery for making semi – conductors

15.0 $ billion

+110.6 %

Cruise/cargo ships, barges

11.5 $ billion

-46.6 %

Trucks

8.6 $ billion

+34.8 %

Heavy Machinery (e.g. bulldozers, excavators)

7.8 $ billion

+58.8 %

Gold (unwrought)

7.2 $ billion

+89.1 %

Intergrated circuits/microassemblies

7.1 $ billion

-36.0 %

Misc. Machinery

6.3 $ billion

+66.7 %

Printing Machinery

5.7 $ billion

-38.1 %

 

Japan Top 10 Exports for the FY 2016

Japan shipped US$645.2 billion worth of goods around the globe in 2016, up by 11.1% since 2009 when the Great Recession kicked in and up by 3.2% from 2015 to 2016.

Japan’s top 10 exports accounted for over three quarters (77.6%) of the overall value of its global shipments.

Japan’s total Gross Domestic Product amounted to $4.932 trillion in 2016.

57.3% of Japanese exports by value are delivered to other Asian countries while 23.1% are sold to North American importers. Japan ships another 13% to Europe.

Given Japan’s population of 126.7 million people, its total $645.2 billion in 2016 exports translates to roughly $5,100 for every resident in the island nation.

 

The following export product groups represent the highest dollar value in Japanese global shipments during 2016. Also shown is the percentage share each export category represents in terms of overall exports from Japan.

 Products

Total Exports ( US $ billions)

Per %

Vehicles

141.9 % billion

22.0 %

Machinery including computers

124.0 % billion

19.2 %

Electrical machinery, equipments

98.3 % billion

15.2 %

Optical, technical, medical apparatus

35.9 % billion

5.6 %

Iron, Steel

24.5 % billion

3.8 %

Plastics, plastic articles

23.4 % billion

3.6 %

Organic Chemicals

15.9 % billion

2.5 %

Gems, precious metals

14.0 % billion

2.2 %

Ships, boats

12.8 % billion

2.0 %

Rubber, Rubber Article

9.8 % billion

1.5 %

 

Product categories with the greatest value increases from 2012 to 2016 were: gems and precious metals (up 74.1%), vehicles (up 38.3%) and optical, technical and medical equipment (up 25.3%).

Leading the declining products were large capital expenditures for ships and boats (down -42.4%), organic chemicals (down -16%) and iron or steel (down -13.6%).

 

 

Highest Value Japan’s Export Products

Below are the 20 highest value export products shipped from Japan in 2016. Shown within brackets is the percentage change in value from 2009 to 2016 for each item.

Products

Values (US $ Billion)

Per %

Cars

92.0 $ billion

+ 47.7 %

Automobile Parts/accessories

31.7 $ billion

+ 28.6 %

Integrated circuits/micro-assemblies

24.1 $ billion

- 12.1 %

Machinery for making semi conductors

17.9 $ billion

+ 116.3 %

Cruise/Cargo ships, barges

12.1 $ billion

- 44.1 %

Printing Machinery

9.8 $ billion

- 25.3 %

Solar Power Diodes/semi-conductors

8.9 $ billion

- 0.1 %

Trucks

8.9 $ billion

+ 35.1 %

Heavy Machinery (bulldozers, excavators, road rollers)

8.0 $ billion

+ 61.6 %

Misc. Machinery

7.9 $ billion

+ 56.2 %

Processed Petroleum Oils

7.6 $ billion

- 18.8 %

Lower – Voltage Switches, fuses

7.5 $ billion

+ 34.9 %

Gold (unwrought)

7.3 $ billion

+ 70.7 %

Hot – rolled iron or non – alloy steel products

6.3 $ billion

- 9.6 %

Piston Engine Parts

6.0 $ billion

+ 8.1 %

Piston Engines

5.7 $ billion

+ 40.8 %

Plastic Plates, sheets, films, tapes, strips

5.4 $ billion

- 10.7 %

Air or vaccum pumps

5.1 $ billion

+ 22.6 %

Liquid crystal/laser/optical tools

4.8 $ billion

+ 25.1 %

Aircraft Parts

4.8 $ billion

+ 91.9 %

 

Japan’s Top Major Export Companies

Below are Japan’s biggest export companies organized by asset value. Shown within parentheses is the primary industry in which each company operates. Also shown is the change in asset value as of May 2016 compared to 2015.

Companies

Value (US $ billion)

Per %

Toyota Motors (car/truck makers)

406.7 $ billion

+ 5.5 %

Honda Motors (car/truck makers)

154.5 $ billion

+ 4.5 %

Nissan Motors (car/truck makers)

147.4 $ billion

+ 7.4 %

Sony (Consumer electronics)

142.2 $ billion

- 4.5 %

Hitachi (Electronics)

106.6 $ billion

+ 1.8 %

JX Holdings (Oil, Gas)

58.7 $ billion

- 23.1 %

Nippon Steel & Sumitomo Metal (iron, Steel)

55.5 $ billion

- 17.8 %

Toshiba( IT, Electronics)

49.6 $ billion

- 19.4 %

Panasonic (Consumer Electronics)

48.8 $ billion

- 6.4 %

Mitsubishi Heavy Industries (Heavy Equipments)

46.9 $ billion

+ 12.0 %


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