OVERVIEW
In 2019 Japan was the number 3 economy in the world in terms of GDP (current US$), the number 4 in total exports, the number 5 in total imports, the number 27 economy in terms of GDP per capita (current US$) and the number 1 most complex economy according to the Economic Complexity Index (ECI).
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).
In 2019, Japan was the world’s biggest exporter of Machinery Having Individual Functions ($20B), Photo Lab Equipment ($11.9B), Large Construction Vehicles ($10.8B), Hot-Rolled Iron ($7.49B), and Electrical Capacitors ($6.58B)
IMPORTS
The top imports of Japan are Crude Petroleum ($64B), Petroleum Gas ($42.3B), Coal Briquettes ($20.7B), Integrated Circuits ($17.1B), and Broadcasting Equipment ($16B), importing mostly from China ($152B), United States ($70.1B), Australia ($41.5B), South Korea ($28.3B), and Saudi Arabia ($24.5B).
In 2019, Japan was the world’s biggest importer of Corn ($3.32B), Other Prepared Meat ($3.19B), Fuel Wood ($2.11B), Processed Tobacco ($1.8B), and Nickel Mattes ($1.55B)
LOCATION
Japan borders China, North Korea, South Korea, Philippines, and Russia by sea.