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 %
|