Strategic Lens

Supply chains and manufacturing: India and Japan

First country

Second country

In 2025, India sold USD 1.92 billion of machinery, vehicles and iron and steel to Japan and bought USD 7.20 billion from it.

Benefits

  • BothTwo-way trade in machinery, vehicles and iron and steel grew 61 percent, from USD 5.66 billion in 2019 to USD 9.12 billion in 2025.

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Last updated on 26 September 2026

The numbers

India's exports to Japan: machinery, vehicles and iron and steel

USD billion · 2019 to 2025, calendar years, as reported by India

2019: 0.75Low 0.6 / High 1.922025: 1.92

20190.75
20200.6
20211.15
20221.1
20231.09
20241.61
20251.92

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Data retrieved 26 September 2026

India's imports from Japan: machinery, vehicles and iron and steel

USD billion · 2019 to 2025, calendar years, as reported by India

2019: 4.92Low 3.09 / High 7.22025: 7.2

20194.92
20203.09
20214.47
20224.72
20235.89
20246.48
20257.2

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Data retrieved 26 September 2026

More on this relationship

Benefits

  • BothToyota, Honda, Suzuki, Sony and Yamaha make products in India, and Suzuki's Maruti is the largest car maker in the Indian market.

Sources: Wikipedia: India–Japan relations (revision of 24 September 2026)