Japan is an East Asian island nation. It is located in the northwest Pacific Ocean and is bounded on the west by the Sea of Japan. Its northern and southern borders are the Sea of Okhotsk and the East China, Philippine, and Taiwan seas, respectively.
As per the Japan Trade Data, japan is ranked 3rd in the world in terms of GDP with a total Trade Value of $1.3 Trillion US dollars in the year 2020. And Japan ranked 3rd throughout the world in terms of Purchasing Power Parity (PPP).
In terms of Japan Import data, Japan is ranked the 5th largest importer in the world with a total import value of $720.89 Billion U.S. dollars in the year 2020. Also, Japan Export Data shows that the US is the rank of 4th largest exporter in the world with a total export value of $705.64 Billion US Dollars in the year 2020.
According to Japan Custom Data, the most imported item of Japan is “Mineral Fuels & Oils” with a total Import value of $105.2 Billion US Dollars and the most exported item of Japan is “Vehicles” with a total export value of $122.6 Billion US Dollars in the year 2020.
The most trading partner of Japan country-wise, In terms of Importing & exporting, is “China” with a total export value of $141.5 Billion US Dollars and with a total import value of $163.9 Billion US Dollars in the year 2020.
Which Japan imports are the most significant?
Due to its significant economic diversity, Japan imports a wide variety of goods to satisfy the needs of its market. But up until now, we’ve just talked about the most popular imports, which are mentioned here. These goods are imported in big amounts, bring in a lot of money, and are highly in demand globally.
S No | Product Name | Total USD Value | Total Percentage |
1 | Mineral Fuels & Oils | $105.2 Billion | 16.5% |
2 | Electrical Machinery & Equipment | $96.8 Billion | 15.2% |
3 | Machinery | $67.0 Billion | 10.5% |
4 | Pharma Products | $26.8 Billion | 4.5% |
5 | Optical, Photographic, Medical Equipment | $25.9 Billion | 4.0% |
6 | Ores, Slag & Ash | $21.2 Billion | 3.3% |
7 | Vehicles | $19.8 Billion | 3.1% |
8 | Pearls & Precious Stones | $15.5 Billion | 2.5% |
9 | Organic Chemicals | $15.2 Billion | 2.4% |
10 | Plastics & Articles | $14.9 Billion | 2.3% |
If you want to access more Japan Import product details then click on the link and search for your favorite product sample details free. The link is HS Code
Which Japan exports are the most significant?
Japan Customs data shows that specialty goods are produced in japan. This is the reason that many other countries prefer to import those particular goods from Japan because it is a developed country with a large number of well-known international goods items. But as of now We are now only focusing on the top export commodities, which are listed below and are shipped in substantial quantities:
S No | Product Name | Total USD Value | Total Percentage |
1 | Vehicle | $122.6 | 19.1% |
2 | Machinery | $121.7 | 18.9% |
3 | Electrical Machinery & Equipment | $102.6 | 16% |
4 | Optical, Photographic, Medical Equipment | $37.4 | 5.8% |
5 | Plastics & Articles | $25.5 | 3.9% |
6 | Iron & Steel | $22.7 | 3.5% |
7 | Organic Chemicals | $14.8 | 2.3% |
8 | Pearls & Precious Stones | $13.3 | 2.0% |
9 | Miscellaneous Chemical Products | $12.1 | 1.8% |
10 | Ships, Boats & Floating Structures | $10.8 | 1.6% |
If you want to access more Japan Export product details then click on the link and search for your favorite product sample details free. The link is HS Code
Who are the major Import trading partners of Japan Country-wise?
The fact that the Japan imports a wide range of goods from other nations that helps to explain why they enjoy strong tie up with practically every nation. Following are the top 10 import trading partners of Japan in 2020:
Import Trading Partners | Total Import Value |
China | $163.90 |
United States | $71.60 |
Australia | $35.60 |
Taipei Chinese | $26.70 |
South Korea | $26.50 |
Thailand | $23.70 |
Vietnam | $22 |
Germany | $21.20 |
Saudi Arabia | $18.40 |
United Arab Emirates | $16.30 |
Who are the major export trading partners of Japan Country-wise?
Japan creates a wide variety of commodities and sells them, which strengthens relationships between Japan and essentially every other country, According to Japan Trade data on Japan’s foreign commerce. The chart below shows the top ten export trading partners.
Export Trading Partner | Total Export Value |
China | $141.50 |
United States | $118.80 |
South Korea | $44.60 |
Taipei Chinese | $44.40 |
Hong Kong | $32 |
Thailand | $25.50 |
Singapore | $17.60 |
Germany | $17.50 |
Vietnam | $17.10 |
Malaysia | $12.50 |
What are the major import-export ports of Japan?
According to Japan Shipment Data, Japan trade is expected to rise rapidly that allowing it to continue developing and expanding its Management.
There is various Port in Japan that plays an essential role in export & import trade but as of now we just mentioned the top most important ports of Japan which play a crucial role in the import & export market that is as follows –
- Muroran Port
- okinawa Port
- oita Port
- imabari Port
- tokuyama Port
- imari Port
- fukuoka Port
- narita apt/tokyo Port
- okayama Port
- yatsushiro Port
Conclusion – The blog was quite informative and taught us about Japan major import-export partners and products. Additionally, it displays the port details. We can therefore conclude that the article gives us sufficient information. If you want to learn more about Internation trade statistics, contact us at info@eximtradedata.com or +91-9625812393 or visit our official website Exim Trade Data
