In 2025, India sold USD 6.12 billion of goods to Japan and bought USD 22.2 billion from it. The DESTA database lists 1 trade agreement that includes both countries, the most recent being India Japan (2011). Both are members of the G20. Their agreement score in UN General Assembly voting was 66 percent in 2023, and 71 percent on average over 2019 to 2023. In 2024, 49 thousand people born in India lived in Japan.
Benefits
BothTwo-way trade in goods grew 61 percent, from USD 17.6 billion in 2019 to USD 28.3 billion in 2025.
BothTrade in mineral fuels and oils runs both ways in similar amounts: India sold USD 140 million and Japan sold USD 179 million in 2025.
BothTwo-way trade in critical minerals and metals grew 183 percent, from USD 738 million in 2019 to USD 2.09 billion in 2025.
Constraints
BothTwo-way trade in mineral fuels and oils fell 63 percent, from USD 865 million in 2019 to USD 319 million in 2025.
BothFlows are one-sided: in 2025, Japan sold USD 2.08 billion of critical minerals and metals, against USD 14.3 million the other way.
BothFlows are one-sided: in 2025, India sold USD 773 million of agricultural and food products, against USD 28.1 million the other way.