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What are the main exports and imports of Japan?

By Robert Clark |

Exports: The top exports of Japan are Cars ($103B), Vehicle Parts ($33.2B), Integrated Circuits ($30.7B), Machinery Having Individual Functions ($20B), and Passenger and Cargo Ships ($13.7B), exporting mostly to United States ($134B), China ($128B), South Korea ($44.9B), Chinese Taipei ($41.6B), and Thailand ($28.9B).

What are the most common exports in Japan?

Japan’s Top Exports

  • Refined petroleum – $9.76 billion.
  • Hot-rolled iron – $8.35 billion.
  • Gold – $7.29 billion.
  • Flat flat-rolled steel – $4.79 billion.
  • Refined copper – $4.13 billion.

What is exported out of Japan?

Main exports were: transport equipment (24 percent of total exports), with motor vehicles accounting for 16 percent; machinery (20 percent) on the back of power generating machine and semicon machinery; electrical machinery (17 percent), such as semiconductors, IC and electrical apparatus; chemicals (11 percent).

What does Japan import the most?

Japan’s main imports include mineral fuels, machinery and food. In 2015, leading suppliers of these goods were China (25.6 per cent), the United States (10.9 per cent) and Australia (5.6 per cent).

What is Japan known for producing?

Major Japanese industries include automotive, electronic equipment, machine tools, steel and nonferrous metals, ships, chemicals, textiles, and processed foods. Despite this, it is the service sector which comprises the biggest part of Japan’s economy, responsible for 71.4% of GDP in 2012.

What are the top three exports of Japan?

Japan has a well-developed economy where cars, vehicle parts, and integrated circuits comprise the top three exports of the country. Cars being manufactured at a car factory in Japan. Japan has a well-developed economy where cars, vehicle parts, and integrated circuits comprise the top three exports in the country.

What kind of cars does Japan export to the world?

Cars are the country’s top exports at $104,286 million and vehicle parts shipped are valued at $42,212 million. Japan is ranked as the world’s third largest automobile producer and is home to top car makers including Toyota, Nissan, Mazda, and Honda.

How much does Japan import in a year?

Given Japan’s population of 125.8 million people, its total $634.6 billion in 2020 imports translates to $5,000 in yearly product demand from every person in the densely populated Asian island country. The following product groups represent the highest dollar value in Japan’s import purchases during 2020.

What was the Japanese exports in February 2020?

Exports from Japan fell 1 percent yoy to JPY 6.32 trillion in February 2020 compared to market expectations of a 4.3 percent decline. It was the 15th straight month of decline in sales, with the coronavirus outbreak now dragging demand and also expected to possibly hurt supply chains in the near future.