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Japan Net Trade (Goods & Services, BoP)

Japan's net trade (goods & services, bop) fell to $-42.6 billion in 2024, down from $-72.88 billion in 2023, according to World Bank. This represents a decrease of 41.5% ($30.28 billion) from the previous year. Japan has the 4th lowest net trade (goods & services, bop). Other bottom countries are United States, India, Philippines and United Kingdom.

Yearly Historical Data (1996-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 -42.6
2023 -72.88
2022 -157.92
2021 -21.81
2020 -7.6
2019 -8.62
2018 1.41
2017 37.64
2016 40.44
2015 -23.28
2014 -128.61
2013 -125.13
2012 -101.2
2011 -39.54
2010 78.2
2009 23.25
2008 17.34
2007 83.5
2006 63.05
2005 69.91
2004 94.23
2003 72.49
2002 51.6
2001 26.48
2000 69.09
1999 69.16
1998 72.97
1997 47.45
1996 21.31
Japan Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Japan, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $707.39B $717.95B 2024
Annual Imports $742.67B $751.75B 2024
Balance of Trade -¥235B -¥243B Sep'25
Exports ¥9.4T ¥8.4T Sep'25
Exports (% GDP) 21.85% 21.55% 2023
FDI Inflows (% GDP) 0.43% 0.48% 2024
Imports ¥9.6T ¥8.7T Sep'25
Imports (% GDP) 23.3% 25.27% 2023
Tariff Rate 1.99% 2.18% 2022
Trade (% GDP) 45.15% 46.81% 2023