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Pricing

2022
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Exports $8.72BRnk 15 / 221
2022
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Top Product $796MProcessed Tobacco
2022
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Exports $5.35BRnk 22 / 211
2022
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Top Product $560MCars
2022
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Economic Complexity (ECI) ECI 1.24Rnk 18 / 124
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
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2022
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 GDP$4.23TCURRENT US$
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2012-2022
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GDP GROWTH-32.5%CURRENT US$
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2022
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GDP PC $34,158CURRENT US$
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2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
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2022
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GDP PC$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
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About

Italy-Japan In 2022, Italy exported $8.72B to Japan. The main products that Italy exported to Japan are Processed Tobacco ($796M), Cars ($757M), and Trunks and Cases ($755M). During the last 27 years the exports of Italy to Japan have increased at an annualized rate of 1.96%, from $5.17B in 1995 to $8.72B in 2022.

In 2020, Italy exported services to Japan worth $666M, with Travel ($280M), Other business services ($185M), and Transportation ($74.5M) being the largest in terms of value.

Japan-Italy In 2022, Japan exported $5.35B to Italy. The main products that Japan exported to Italy were Cars ($560M), Hot-Rolled Iron ($448M), and Motorcycles and cycles ($291M). During the last 27 years the exports of Japan to Italy have increased at an annualized rate of 0.78%, from $4.33B in 1995 to $5.35B in 2022.

In 2009, Japan exported services to Italy worth $1.61B, with Services not allocated ($801M), Transportation ($301M), and Other business services ($250M) being the largest in terms of value.

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B).

Latest Trends

December, 2023

About

Overview In December 2023, Italy exported €600M and imported €336M from Japan, resulting in a positive trade balance of €264M. Between December 2022 and December 2023 the exports of Italy have decreased by €-129M (-17.7%) from €729M to €600M, while imports decreased by €-73.4M (-17.9%) from €410M to €336M.

Trade In December 2023, the top exports of Italy to Japan were Trunks and Cases (€68.3M), Cars (€42.4M), Inhalable tobacco/nicotine products (€28.8M), Packaged Medicaments (€18.8M), and Combustion Engines (€16.9M). In December 2023 the top imports of Italy from Japan were Hot-Rolled Iron (€55.7M), Cars (€47.1M), Motorcycles and cycles (€40.3M), Packaged Medicaments (€22.2M), and Large Construction Vehicles (€13.4M).

Growth In December 2023, the decrease in Italy's year-by-year exports to Japan was explained primarily by an decrease in product exports in Vaccines, blood, antisera, toxins and cultures (€-19.9M or -98.2%), Cars (€-12.1M or -22.2%), and Electric Motor Parts (€-9.31M or -62.7%). In December 2023, the decrease in Italy's year-by-year imports  from Japan was explained primarily by an decrease in product imports  in Metalworking Transfer Machines (€-7.54M or -73.5%), Synthetic Rubber (€-4.18M or -60%), and Eyewear (€-3.11M or -39.7%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€-129M(-17.7%)
IMPORT GROWTH (December 2022 - December 2023)€-73.4M(-17.9%)

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Japan and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $8.72B to Japan. The main products exported from Italy to Japan were Processed Tobacco ($796M), Cars ($757M), and Trunks and Cases ($755M). During the last 27 years the exports of Italy to Japan have increased at an annualized rate of 1.96%, from $5.17B in 1995 to $8.72B in 2022.

In 2022, Japan exported $5.35B to Italy. The main products exported from Japan to Italy were Cars ($560M), Hot-Rolled Iron ($448M), and Motorcycles and cycles ($291M). During the last 27 years the exports of Japan to Italy have increased at an annualized rate of 0.78%, from $4.33B in 1995 to $5.35B in 2022.

Exports from Italy (Flag) to Japan (Flag) (2022)

Exports from Japan (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Japan
Top DestinationUnited States$137B

This map shows whether countries import more from Italy or Japan. Each country is colored based on the difference in imports they receive from Italy and Japan or the difference in the growth in imports.

In 2021, countries that imported more from Italy than Japan were Germany ($78.5B), France ($63.8B), and Spain ($32.8B).

In 2021, countries that imported more from Japan than Italy were China ($135B), United States ($137B), and Chinese Taipei ($50.1B).

Difference in imports from Japan (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Japan

Flow
Scale

This chart compares trade between Italy and Japan by product, considering products traded by both, Italy and Japan.

During 2022, Italy had a large net trade with Japan in the exports of Chemical Products ($1.52B), Foodstuffs ($1.44B), and Transportation ($1.13B).

During 2022, Japan had a large net trade with Italy in the exports of Machines ($1.66B), Transportation ($1.32B), and Metals ($693M).

Service Trade

Bilateral Service Trade

In 2020, Italy exported services to Japan worth $666M, with Travel ($280M), Other business services ($185M), and Transportation ($74.5M) being the largest in terms of value.

In 2009, Japan exported services to Italy worth $1.61B, with Services not allocated ($801M), Transportation ($301M), and Other business services ($250M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy (Flag) to Japan (Flag) (2020)

Services Exports from Japan (Flag) to Italy (Flag) (2009)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Japan. Similarly, the more yellow a dot/product is, the more Japan has comparative advantage over Italy.

Product Space of Italy (Flag) and Japan (Flag) (2022)

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