India vs Japan: External balance on goods and services
India
-6.02 trillion current LCU
in 2025
Japan
-5.66 trillion current LCU
in 2024
India rank
180th
Japan rank
179th
External balance on goods and services over time
- India
- Japan
How they compare
Japan currently reports -5.66 trillion current LCU against -6.02 trillion current LCU in India, a difference of 354.12 billion current LCU.
The two have swapped places 10 times across 55 shared years of data; in 1970 it was Japan ahead.
India ranks 180th and Japan ranks 179th of 192 countries.
Across the 6 decades both report, India averaged higher in 1 and Japan in 5.
Head to head by decade
| Decade | India | Japan | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -3.59 billion current LCU | 897.22 billion current LCU | 900.81 billion current LCU | Japan |
| 1980s | -50.76 billion current LCU | 6.00 trillion current LCU | 6.05 trillion current LCU | Japan |
| 1990s | -133.69 billion current LCU | 7.22 trillion current LCU | 7.35 trillion current LCU | Japan |
| 2000s | -1.21 trillion current LCU | 6.35 trillion current LCU | 7.56 trillion current LCU | Japan |
| 2010s | -4.64 trillion current LCU | -2.63 trillion current LCU | 2.01 trillion current LCU | Japan |
| 2020s | -4.84 trillion current LCU | -7.99 trillion current LCU | 3.15 trillion current LCU | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, India or Japan?
- Japan, at -5.66 trillion current LCU against -6.02 trillion current LCU in India as of 2024.
- What is the difference in external balance on goods and services between India and Japan?
- 354.12 billion current LCU, with Japan ahead.
- How many years of comparable data are there for India and Japan?
- 55 years are reported by both, from 1970 to 2024.
- How do India and Japan rank globally for external balance on goods and services?
- India ranks 180th and Japan ranks 179th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.