![]() Machinery including computers: $71.8 billion (8%). ![]() Electrical machinery, equipment: $120 billion (13.4%).Mineral fuels including oil: US$253.3 billion (28.2% of total imports).Also shown is the percentage share each product category represents in terms of overall imports into Japan.7 The following product groups represent the highest dollar value in Japan’s import purchases during 2022. That per-capita dollar amount exceeds the average $6,100 one year earlier in 2021. Given Japan’s population of 125.2 million people, its total $897.7 billion worth of 2022 imports translates to $7,200 in yearly product demand from every person in the densely populated Asian island country. ![]() Smaller percentages arrived from Oceania (10.7%) led by Australia, Latin America (3.3%) excluding Mexico but including the Caribbean, and Africa (1.7%). Trade partners in Europe supplied 13.3% of import purchases by Japan while another 12.7% worth originated from North America. Japan’s weaker local currency made Japanese imports paid for in stronger US dollars relatively more expensive when converted starting from the weaker Japanese yen.įrom a continental perspective, 58.4% of Japan’s total imports by value in 2022 were purchased from fellow Asian countries. ![]() Year over year, the overall value of goods imported into Japan grew by 16% compared to $773.7 billion during 2021.īased on the average exchange rate for 2022, the Japanese yen depreciated by -19.1% against the US dollar since 2018 and fell by -19.8% from 2021 to 2022. That dollar amount reflects a 19.8% increase from $749.1 billion for 2018. By Japan’s imports totaled US$897.7 billion worth of products in 2022. ![]()
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