Japan

Japan ranked No. 4 in total trade value through November with a total of $200.01 billion. Exports totaled $67.91 billion and Imports totaled $132.1 billion, a deficit of $64.19 billion.

January – November 2019

Top Trading Ports

Total Trade: $200.01 billion

RankPortTotal YTD
1Port of Los Angeles $34,871,261,685
2Port of Tacoma, Wash. $15,809,870,855
3Chicago O’Hare International Airport $12,188,783,561
4Los Angeles International Airport $8,250,497,508
5Port of Newark $8,136,762,446
6John F. Kennedy International Airport $6,855,961,311
7Port of Savannah, Ga. $6,749,638,646
8Port of Oakland, Calif. $6,210,483,014
9San Francisco International Airport, Calif. $6,172,696,790
10Port of Jacksonville, Fla. $6,091,612,825

U.S. trade with Japan rose to $200.01 billion through November

Japan’s trade with the United States rose to $200.01 billion through the first 11 months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 0.77 percent above its total trade during the same time period last year. U.S. exports to Japan decreased 0.5 percent while U.S. imports from Japan rose 1.44 percent. The U.S. deficit with Japan was $64.19 billion.

Through November, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Los Angeles; No. 2 Port of Tacoma, Wash.; No. 3 Chicago O’Hare International Airport; No. 4 Los Angeles International Airport; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Port of Los Angeles No. 2 Port of Tacoma, Wash. No. 3 Port of Long Beach No. 4 Chicago O’Hare International Airport and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 39.63 percent of Japan’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles rose 6.71 percent to $34.87 billion.
    Exports rose 12.72 percent to $6.59 billion. Imports rose 5.41 percent to $28.29 billion.
  • Trade with No. 2 Port of Tacoma, Wash. rose 17.91 percent to $15.81 billion.
    Exports fell 3.43 percent to $2.25 billion. Imports rose 22.4 percent to $13.56 billion.
  • Trade with No. 3 Chicago O’Hare International Airport rose 2.03 percent to $12.19 billion.
    Exports fell 5.22 percent to $4.61 billion. Imports rose 7.01 percent to $7.58 billion.
  • Trade with No. 4 Los Angeles International Airport fell 1.07 percent to $8.25 billion.
    Exports fell 8.29 percent to $4.71 billion. Imports rose 10.48 percent to $3.54 billion.
  • Trade with No. 5 Port of Newark rose 0.59 percent to $8.14 billion.
    Exports rose 32.08 percent to $492.29 million. Imports fell 0.93 percent to $7.64 billion.

Japan ranked No. 4 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 4.

Meanwhile, total U.S. trade with the world increased to $3.81 trillion, down 1.42 percent compared to the same period last year. The nation’s exports dropped 1.32 percent to $1.51 trillion; imports dropped 1.48 percent to $2.3 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $786.7 billion, down compared to the same period of last year when the deficit was $800.89 billion.

The top five U.S. exports to Japan by value through November were the categories of Civilian aircraft, parts; Petroleum gases, other gaseous hydrocarbons; Medical instruments for surgeons, dentists, vets; Medicines in individual dosages; and Corn, respectively. They accounted for 26.58 percent of total exports to Japan.

The value of the top five categories of U.S. imports from Japan –– Motor vehicles for transporting people; Motor vehicle parts; Machinery, parts for semiconductor manufacturing; Self-propelled heavy construction machinery; and Defense-related aircraft, parts –– accounted for 41 percent of all inbound shipments.

Looking more closely at U.S. exports to Japan:

  • Civilian aircraft, parts rose 27.84 percent compared to last year to $6.44 billion.
  • Petroleum gases, other gaseous hydrocarbons rose 17.55 percent compared to last year to $5.22 billion.
  • Medical instruments for surgeons, dentists, vets fell 6.57 percent compared to last year to $2.46 billion.
  • Medicines in individual dosages rose 26.28 percent compared to last year to $2.04 billion.
  • Corn fell 28.05 percent compared to last year to $1.89 billion.

Looking more closely at U.S. imports from Japan:

  • Motor vehicles for transporting people fell 2.12 percent compared to last year to $35.59 billion.
  • Motor vehicle parts fell 10.53 percent compared to last year to $6.61 billion.
  • Machinery, parts for semiconductor manufacturing rose 62.68 percent compared to last year to $4.14 billion.
  • Self-propelled heavy construction machinery rose 25.1 percent compared to last year to $4.01 billion.
  • Defense-related aircraft, parts fell 0.83 percent compared to last year to $3.81 billion.

In the latest annual figures available, Japan recorded $204.24 billion in trade with the United States. At year’s end, its were Los Angeles; San Francisco; New York City; Chicago; and Seattle. Total U.S. exports to Japan were $ 67.7 billion and imports from Japan were $136.54 billion. The U.S. deficit with Japan was $68.85 billion.