Japan Exports to Canada - 2024 Data 2025 Forecast 1988-2022 Historical (2024)

FAQs

What products does Japan export to Canada? ›

According to Canadian statistics, Canada's overall trade deficit shrank considerably in 1995. Japanese exports to Canada consist primarily of automobiles, auto parts, power turbines, chemical and engineering equipment, and office machinery.

The stock of Canadian direct investment in Japan was valued at $2.2 billion in 2022. Japan is Canada's fourth largest trade partner in terms of bilateral merchandise trade (2022). Canada's exports of merchandise to Japan totalled $18 billion in 2022, while imports from Japan were $17.1 billion.

The country's export data for 2022 provides valuable insights into its trade patterns, top export destinations, and the composition of its exports. According to Japan export data, Japan's exports amounted to a staggering $717.94 billion in 2022 with a decrease of 1.37% from 2021.

Canadian and Japanese companies rely on low-cost parcel delivery to strengthen the economic connection between their customers and suppliers. The most common goods that ship from Japan to Canada include automobiles, auto parts, power turbines, chemical and engineering equipment, and office machinery.

Major Japanese exports include electronic equipment and cars. Trade with other countries (international trade) is therefore very important to Japan. The goods that Japan has exported have changed over time, from agricultural products to manufactured goods, textiles, steel, and cars.

Canadian exports of goods to Japan was almost $18 billion in 2022, exceeding the value of imports from Japan. In 2022, Japan was Canada's largest source of bilateral foreign direct investment (FDI, ultimate investor country basis) from the Indo-Pacific and the third largest overall.

Canada's imports from Japan up by over one-quarter

Canada imports from Japan rose by 27.0% to $15.2 billion in 2023, accounting for 2.0% of Canada's total imports during the year. Canada's trade surplus with Japan fell to $739 million in 2023, the lowest surplus since 2019.

However, despite the increasing number of bilateral agreements created with trading partners, the United States and China remain Japan's biggest export markets.

Yearly Trade

The most recent exports are led by Cars ($89B), Machinery Having Individual Functions ($38.5B), Integrated Circuits ($36.9B), Motor vehicles; parts and accessories (8701 to 8705) ($30.6B), and Refined Petroleum ($14.5B).

What is Japan's import and export data? ›

Overall Exports and Imports for Japan 2021

The total value of exports (FoB) was 757,066 million. The total value of imports (CIF) was 772,276 million. At the HS6 digit level, 4,199 products were exported to 213 countries and 4,412 products were imported from 215 countries.

In the long-term, the Japan Exports is projected to trend around 9100.00 JPY Billion in 2025, according to our econometric models. Japan exports hit a record in 2022 as a weaker yen made Japanese products more attractive and overseas demand remained strong following the recovery from the COVID pandemic.

It is not exactly clear when Japan and Canada first established trade ties. However, the first known record of trade with Japan is listed in Canadian statistics for 1873. At that point in time, the volume of trade itself was not substantial; furthermore, Japan tended to be lumped together with China.

Top exporting provinces were British Columbia ($91M), Nova Scotia ($71M) and New Brunswick ($64M). Canada's fish and seafood imports from Japan were valued at $48M, representing 1 percent of total Canadian fish and seafood imports by value.

Imports The top imports of Canada are Cars ($31.9B), Refined Petroleum ($19.8B), Motor vehicles; parts and accessories (8701 to 8705) ($17.4B), Delivery Trucks ($17.3B), and Crude Petroleum ($16.8B), importing mostly from United States ($308B), China ($62.1B), Mexico ($22.2B), Germany ($14.1B), and Japan ($9.87B).

Yearly Trade

The most recent exports are led by Cars ($89B), Machinery Having Individual Functions ($38.5B), Integrated Circuits ($36.9B), Motor vehicles; parts and accessories (8701 to 8705) ($30.6B), and Refined Petroleum ($14.5B).

The largest export growth in 2019 was seen in hay and rice, up $64 million and $43 million, respectively. Additionally, increases in exports of soybeans, wine and beer, and live animals were up $37 million, $20 million, and $15 million, respectively.