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Pricing

2022
Flag → Flag
Exports $8.72BRnk 15 / 221
2022
Flag → Flag
Top Product $796MProcessed Tobacco
2022
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Exports $5.35BRnk 22 / 211
2022
Flag → Flag
Top Product $560MCars
2022
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Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Italy-Japan Trade: 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). Over the past 5 years the exports of Italy to Japan have increased at an annualized rate of 3.25%, from $7.43B in 2017 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.

Japan-Italy Trade: In 2022, Japan exported $5.35B to Italy. The main products that Japan exported to Italy were Cars ($560M), Hot-Rolled Iron ($448M), and Motorcycles and cycles ($291M). Over the past 5 years the exports of Japan to Italy have increased at an annualized rate of 2.73%,  from $4.68B in 2017 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.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Latest Trends

March, 2024

About

Overview In March 2024, Italy exported €640M and imported €269M from Japan, resulting in a positive trade balance of €372M. Between March 2023 and March 2024 the exports of Italy have decreased by €-78.5M (-10.9%) from €719M to €640M, while imports decreased by €-210M (-43.8%) from €479M to €269M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (March 2023 - March 2024)€-78.5M(-10.9%)
IMPORT GROWTH (March 2023 - March 2024)€-210M(-43.8%)

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

To check Japan and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Japan and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Italy to Japan have increased at an annualized rate of 3.25%, from $7.43B in 2017 to $8.72B in 2022.

In 2017, 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 5 years the exports of Japan to Italy have increased at an annualized rate of 2.73%, from $4.68B in 2022 to $5.35B in 2017.

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

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

Market Competitiveness

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

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

In 2022, countries that imported more from Italy than Japan included Germany ($78.5B), France ($63.8B), and Spain ($32.8B).

In 2022, countries that imported more from Japan than Italy included China ($135B), United States ($137B), and Chinese Taipei ($50.1B).

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

Comparative Advantage Italy - Japan

Flow
Scale

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

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).

During 2017, Japan had a large net trade with Italy in the exports of Machines ($1.66B), Transportation ($1.32B), and Metals ($693M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Japan+$268MPackaged Medicaments
Top Product Potential Japan Italy+$493MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Italy and Japan. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Italy.

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

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