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Japan: Merchandise imports by the reporting economy (current US$)

In , Japan's Merchandise imports by the reporting economy (current US$) was $785.51 billion.

That's down 12.4% from 2022, the highest value since .

The global average for this indicator in 2023 was $114.38 billion . Japan ranks #5 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #2 of 36.

Source: World Bank Open Data (TM.VAL.MRCH.WL.CD) • Data as of 2023

Trend (2004–2023)

Japan Merchandise imports by the reporting economy (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
$897.00B
Trough
$454.77B
1-year change
-12.4%
5-year change
+5.0%
+1.0% / yr
10-year change
-5.6%
-0.6% / yr

Historical Data — Last 10 Years

Year Merchandise imports by the reporting economy (current US$)
785.513B
896.996B
768.641B
631.122B
720.765B
748.300B
671.128B
606.834B
647.915B
812.164B

About Merchandise imports by the reporting economy (current US$)

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.

Indicator code: TM.VAL.MRCH.WL.CDCategory: Trade & Finance

Frequently asked questions

What was Japan's Merchandise imports by the reporting economy (current US$) in 2023?
In 2023, Japan's Merchandise imports by the reporting economy (current US$) was $785.51 billion, according to World Bank Open Data.
Is Japan's Merchandise imports by the reporting economy (current US$) rising or falling?
Japan's Merchandise imports by the reporting economy (current US$) fell 12.4% from 2022 to 2023.
How does Japan rank globally on Merchandise imports by the reporting economy (current US$)?
In 2023, Japan ranked #5 out of 205 countries reporting Merchandise imports by the reporting economy (current US$).
How does Japan's Merchandise imports by the reporting economy (current US$) compare to the world average?
The global average for Merchandise imports by the reporting economy (current US$) in 2023 was $114.38 billion, so Japan is above the world average. Within East Asia & Pacific, it ranks #2 of 36.
What is Merchandise imports by the reporting economy (current US$) and how is it measured?
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.
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Source: World Bank Open Data (TM.VAL.MRCH.WL.CD), CC BY 4.0.