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Pricing

2022
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Exports $5.35BRnk 22 / 211
2022
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Top Product $560MCars
2022
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Exports $8.72BRnk 15 / 221
2022
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Top Product $796MProcessed Tobacco
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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Economic Complexity (ECI) ECI 1.24Rnk 18 / 124
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$2.01TCURRENT US$
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2012-2022
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GDP GROWTH-3.67%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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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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About

Japan-Italy In 2022, Japan exported $5.35B to Italy. The main products that Japan exported to Italy are 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.

Italy-Japan In 2022, Italy exported $8.72B to Japan. The main products that Italy exported 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 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.

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

Latest Trends

January, 2024

About

Overview In January 2024, Japan exported ¥64.7B and imported ¥128B from Italy, resulting in a negative trade balance of ¥63.7B. Between January 2023 and January 2024 the exports of Japan have increased by ¥10.1B (18.5%) from ¥54.6B to ¥64.7B, while imports increased by ¥15.5B (13.8%) from ¥113B to ¥128B.

Trade In January 2024, the top exports of Japan to Italy were Cars (¥9.17B), Motorcycles and cycles (¥4.99B), Delivery Trucks (¥2.61B), Oxygen Heterocyclic Compounds (¥2.48B), and Commodities not elsewhere specified (¥2.13B). In January 2024 the top imports of Japan from Italy were Trunks and Cases (¥14.8B), Cars (¥12.2B), Inhalable tobacco/nicotine products (¥8.51B), Jewellery (¥5.56B), and Leather Footwear (¥3.36B).

Origins In January 2024 the exports of Japan were mainly from Aichi (¥15.2B), Shizuoka (¥8.62B), Osaka (¥7.51B), Chiba (¥7.27B), and Tokyo (¥4.99B), while imports destinations were mainly Chiba (¥63.3B), Tokyo (¥31B), Hyōgo (¥8.83B), Aichi (¥7.97B), and Osaka (¥7.92B).

Growth In January 2024, the increase in Japan's year-by-year exports to Italy was explained primarily by an increase in product exports in Cars (¥5.13B or 127%), Motorcycles and cycles (¥2.93B or 142%), and Delivery Trucks (¥1.52B or 139%). In January 2024, the increase in Japan's year-by-year imports  from Italy was explained primarily by an increase in product imports  in Cars (¥5.12B or 72.1%), Trunks and Cases (¥2.57B or 21%), and Jewellery (¥2.22B or 66.5%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)¥10.1B(18.5%)
IMPORT GROWTH (January 2023 - January 2024)¥15.5B(13.8%)
MAIN EXPORTER (January 2024)Aichi¥15.2B

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

To check Italy and Japan 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, 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.

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.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Japan - Italy

Flow
Scale

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

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

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).

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

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 Japan has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Japan.

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

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