Top 10 Products Japan Imports and Exports: Japan's Trade Snapshot 2024-25

Japan is known for its strong presence in the global market as both an importer and exporter of various products. According to Japan import data, the total value of Japan imports reached $743.26 billion in 2024, a 5% decline in imports from the previous year. As per the Japan export data and statistical data on Japan exports, Japan exported goods worth $707.99 billion in 2024, a decline of 2% from 2023. Japan's total trade volume accounted for $1.45 trillion in 2024, as per the Japan trade data. In this article, we will take a closer look at the top 10 products that Japan imports and exports, providing a snapshot of Japan's trade trends for the year 2024-25 based on Japan trade statistics.

Japan’s Trade Overview (2024)

• Total Exports: $766 billion
• Total Imports: $743 billion
• Trade Balance: $23 billion surplus
• Import Rank: 7th
• Export Rank: 5th
• Currency Impact: The Japanese yen depreciated by 6.7% against the USD, making imports costlier and exports more competitive. 

Top 10 Import Products of Japan: Japan Imports by HS Code

The top 10 imported products of Japan, categorized by HS code, reveal the country's vital economic activities with precision. From industrial machinery ranking high due to Japan's advanced technological sector to mineral fuels essential for energy needs, the data sheds light on Japan's import priorities. The top 10 Japan imports as per Japan import data by HS code and Japan import statistics for 2024, include:

1. Mineral fuels and oils (HS code 27): $168.77 billion

At the top of the list is mineral fuels and oils, with a total import value of $168.77 billion, accounting for 22.71% of Japan's total imports. This category includes petroleum oils, coal, and natural gas, which are essential for various industries and transportation sectors in the country.

2. Electrical machinery and equipment (HS code 85): $106.17 billion

The second-largest import product category in Japan is electrical machinery and equipment, with an import value of $106.17 billion, representing 14.28% of total imports. Japan is known for its advanced technology and electronics industry, making this category a significant contributor to its import market.

3. Nuclear reactors and machinery (HS code 84): $72.89 billion

With a total import value of $72.89 billion, nuclear reactors and machinery rank third on the list, accounting for 9.81% of Japan's imports, as per Japan machinery import data. This category includes machinery used in power generation, which plays a crucial role in Japan's energy infrastructure.

4. Pharmaceutical products (HS code 30): $30.24 billion

Pharmaceutical products hold the fourth position on the list, with an import value of $30.24 billion, making up 4.07% of total imports, as per Japan pharmaceutical import data by HS code. Japan has a strong healthcare industry, driving the demand for imported pharmaceuticals to meet the needs of its population.

5. Ores, slag, and ash (HS code 26): $27.86 billion

Ores, slag, and ash have an import value of $27.86 billion, representing 3.75% of Japan's total imports. This category includes raw materials used in various industries such as steel production and construction, supporting Japan's manufacturing sector.

6. Optical, medical, surgical instruments (HS code 90): $27.26 billion

Imported optical, medical, or surgical instruments have a total value of $27.26 billion, accounting for 3.67% of Japan's imports. Japan is known for its high-quality healthcare equipment, driving the demand for imported medical devices.

7. Vehicles (HS code 87): $22.96 billion

Vehicles rank seventh on the list with an import value of $22.96 billion, making up 3.09% of total imports. Japan is a major importer of automobiles and automotive parts, supporting its automotive industry, which is known for its innovation and quality.

8. Plastics and articles thereof (HS code 39): $16.06 billion

Plastics and articles thereof have an import value of $16.06 billion, accounting for 2.16% of Japan's total imports. This category includes a wide range of plastic products used in various industries, contributing to Japan's manufacturing sector.

9. Precious stones and metals (HS code 71): $15.16 billion

Imported precious stones and metals hold the ninth position on the list, with a total import value of $15.16 billion, representing 2.04% of Japan's imports. Japan imports precious metals for use in the jewelry industry and investment purposes.

10. Organic chemicals (HS code 29): $14.67 billion

Organic chemicals round out the top 10 import products of Japan, with an import value of $14.67 billion, making up 1.97% of total imports. These chemicals are used in various industries, including pharmaceuticals, agriculture, and manufacturing.

Top 10 Export Products of Japan: Japan Exports by HS Code

Japan's top 10 export products contribute significantly to the country's thriving economy, as reflected in the Japan Export data by HS Code. The key export products include vehicles, machinery, electronic equipment, integrated circuits, pharmaceuticals, iron, and steel, among others. The top 10 exports of Japan, as per the data on Japan exports by HS code and Japan export statistics for 2024, include:

1. Vehicles (HS code 87): $150.99 billion

Vehicles are one of the largest export products of Japan, with a total export value of $150.99 billion, accounting for 21.33% of the country's total exports, as per Japan vehicles export data. Japanese automakers such as Toyota, Honda, and Nissan are well-known for producing high-quality cars, trucks, and motorcycles that are in demand worldwide.

2. Nuclear reactors and machinery (HS code 84): $125.82 billion

Japan is also a major exporter of nuclear reactors and machinery, with an export value of $125.82 billion, making up 17.77% of the country's total exports. The country is known for its advanced technology and expertise in this sector, making its products highly sought after.

3. Electrical machinery and equipment (HS code 85): $101.12 billion

Electrical machinery and equipment are another key export product for Japan, with a total export value of $101.12 billion, accounting for 14.28% of the country's total exports. Japanese companies are known for producing a wide range of electronic devices, from consumer electronics to industrial machinery.

4. Optical, medical, or surgical instruments (HS code 90): $36.18 billion

Japan is also a major exporter of optical, medical, and surgical instruments, with an export value of $36.18 billion, making up 5.11% of the country's total exports. Japanese companies are at the forefront of innovation in this sector, producing cutting-edge medical equipment and devices.

5. Iron and steel (HS code 72): $27.41 billion

Iron and steel products are also among Japan's top export products, with a total export value of $27.41 billion, accounting for 3.87% of the country's total exports. Japan is known for its high-quality steel products, which are used in a wide range of industries around the world.

6. Plastics and articles thereof (HS code 39): $24.71 billion

Plastics and articles thereof are another important export product for Japan, with a total export value of $24.71 billion, making up 3.49% of the country's total exports, as per Japan Plastics Export Data by HS code. Japanese companies are known for producing a wide range of plastic products, from packaging materials to consumer goods.

7. Precious stones and metals (HS code 71): $22.94 billion

Japan also exports precious stones and metals, with an export value of $22.94 billion, accounting for 3.24% of the country's total exports. While Japan does not have large reserves of natural resources, it is still a major player in this sector, importing raw materials and processing them for export.

8. Organic chemicals (HS code 29): $14.31 billion

Organic chemicals are another key export product for Japan, with a total export value of $14.31 billion, making up 2.02% of the country's total exports. Japanese companies are known for producing a wide range of chemicals used in various industries, from pharmaceuticals to manufacturing.

9. Copper and articles thereof (HS code 74): $13.37 billion

Copper and articles thereof are also among Japan's top export products, with a total export value of $13.37 billion, accounting for 1.89% of the country's total exports. Copper is an essential material used in a wide range of industries, and Japan is a major producer and exporter of copper products.

10. Miscellaneous chemical products (HS code 38): $13.25 billion 

Finally, miscellaneous chemical products are another important export product for Japan, with a total export value of $13.25 billion, making up 1.87% of the country's total exports. Japanese companies produce a wide range of chemical products for various industries, from cosmetics to pharmaceuticals.  

Top 10 Trade Partners of Japan: Japan Import-Export Data by Country

Japan's top 10 trade partners play a significant role in Japan's import-export activities. The list of Japan's trade partners includes major countries like China, the United States, South Korea, Taiwan, and Hong Kong. These partnerships contribute to Japan's economic growth and global trade presence. The USA is the biggest export partner of Japan, as per the data on Japan imports from the US. Japan exports the most goods to China, making it the largest import partner, as per the data on Japan exports to China. The top 10 Japan trade partners, as per the data on Japan imports by country and Japan exports by country in 2024-25, include: 

Japan Export Partners 

Japan Import Partners 

Japan Imports & Exports in the Last 10 Years: Historical Japan Trade Data

Tariffs on Japan & U.S. Trade Impact (2025)

• U.S. Blanket Tariff: A 10% blanket tariff on imports has been imposed by the U.S., with additional tariffs on 75 countries suspended since April 9, 2025.
• Automotive Sector: Japanese automakers, notably Toyota, face significant exposure. Approximately 30% of Toyota's exports are to the U.S., and tariffs could impact up to 9% of its EBITDA.
• Trade Negotiations: Japan is actively negotiating tariff reductions with the U.S., but no agreement has been finalized as of May 2025

Japan Trade Agreements

• U.S.–Japan Trade Agreement (USJTA): The US–Japan Trade Agreement (USJTA) entered into force in 2020, phasing out most tariffs on U.S. food and agricultural products imported into Japan.
• EU–Japan Economic Partnership Agreement (EPA): In effect since 2019, promoting trade liberalization between Japan and the EU.
• Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP): Japan is a key member, enhancing trade relations across the Asia-Pacific region, as per the Asia trade data.

Japan Shipment Records & Trends

• Used Car Exports: Japan's used car exports remain strong, with Russia, UAE, and Mongolia among the top destinations.
• Port Activity: Major ports, such as Yokohama and Kobe, continue to handle substantial cargo volumes, supporting Japan's robust trade infrastructure.

Key Insights for Businesses and Traders: Japan Trade Data 2024–25

Whether you're a multinational corporation, importer, or exporter, Japan's current trade landscape offers both opportunities and risks. Here are actionable insights:

1. Japan Remains a High-Value Export Market

• Opportunity: Japan continues to dominate in high-end exports—autos, electronics, robotics, and semiconductors.
• Insight: B2B traders and tech suppliers can benefit by integrating into Japanese manufacturing supply chains.

2. Import Reliance = Opportunity for Global Suppliers

• Japan’s dependence on imported energy, pharmaceuticals, and food products creates consistent demand.
• Opportunity Markets: Suppliers from Australia, the U.S., China, and ASEAN countries can target long-term contracts with Japanese trading houses.

3. Tariff Risks from the US

• Ongoing U.S. tariffs on key Japanese exports (like autos) affect margins and pricing.
• Action Point: Diversify export markets and consider shifting supply chain nodes to countries with free trade access to the U.S.

4. Leverage Japan’s FTAs

• Japan’s participation in RCEP, CPTPP, and the EU–Japan EPA opens low-tariff trade with Asia-Pacific, Europe, and the UK.
• Strategic Move: Base regional distribution centers in Japan to serve neighboring countries efficiently.

5. Infrastructure & Tech Investment Rising

• Japanese importers are investing heavily in smart tech, green energy, and digital health.
• Opportunity: Traders dealing in AI, EV components, biotech, and clean energy tech can access a growing buyer base.

Japan Trade Snapshot 2024–25: Key Summary 

• Exports: $707.99 billion | Top products: Cars, ICs, machinery
• Imports: $743.66 billion | Top products: Mineral fuels, electronics, pharma
• Trade Surplus: $23 billion
• Top Export Markets: U.S. ($141.4B), China ($124.5B), S. Korea
• Top Import Sources: China ($167.8B), U.S. ($84.7B), Australia
• Key Trade Deals: RCEP, EU–Japan EPA, Japan–UK EPA
• Tariff Impact: 10% U.S. tariff affecting autos & electronics exports
• Currency: Yen depreciation supported exports but raised import costs

Conclusion & Final Thoughts

In conclusion, Japan's trade landscape for the year 2024-25 is diverse and dynamic, with the top 10 products including automotive products, electronics, machinery, chemicals, iron and steel, food and beverages, textiles, medical instruments, and plastics. These products showcase Japan's strengths in innovation, technology, and quality manufacturing, solidifying its position as a key player in the global market. As highlighted throughout the report, Japan remains a formidable player in global trade, backed by its strong manufacturing base, strategic trade partnerships, and high-value exports.

If you’re reading our blog for the first time, we hope that you liked our interactive article on Japan Imports & Exports with a key focus on Japan Trade Data. For more such astounding and informative trade trends, visit TradeImeX and search live trade shipment data. Contact us at info@tradeimex.in to get the latest Japan import-export data with exclusive customized database reports as per your business needs!