一些差异:

For Serialization there is no need of default constructor of that class because Object because JVM construct the same with help of Reflection API. In case of Externalization contructor with no arg is required, because the control is in hand of programmar and later on assign the deserialized data to object via setters. In serialization if user want to skip certain properties to be serialized then has to mark that properties as transient, vice versa is not required for Externalization. When backward compatiblity support is expected for any class then it is recommended to go with Externalizable. Serialization supports defaultObject persisting and if object structure is broken then it will cause issue while deserializing.

一些差异:

For Serialization there is no need of default constructor of that class because Object because JVM construct the same with help of Reflection API. In case of Externalization contructor with no arg is required, because the control is in hand of programmar and later on assign the deserialized data to object via setters. In serialization if user want to skip certain properties to be serialized then has to mark that properties as transient, vice versa is not required for Externalization. When backward compatiblity support is expected for any class then it is recommended to go with Externalizable. Serialization supports defaultObject persisting and if object structure is broken then it will cause issue while deserializing.

在考虑提高性能的选项时，不要忘记自定义序列化。您可以免费让Java做它擅长的事情，或者至少做得足够好，并为它做得不好的事情提供自定义支持。这通常比完全的外部化支持少得多。

https://docs.oracle.com/javase/8/docs/platform/serialization/spec/serialTOC.html

默认序列化有点冗长，并且假定序列化对象的使用场景尽可能广泛，因此默认格式(Serializable)用关于序列化对象的类的信息注释结果流。

外部化使对象流的生产者能够完全控制精确的类元数据(如果有的话)，而不仅仅是类所需的最小标识(例如它的名称)。这在某些情况下显然是可取的，比如在封闭环境中，对象流的生产者和消费者(从流中具体化对象)是匹配的，关于类的额外元数据没有任何作用，而且会降低性能。

此外(正如Uri指出的那样)外部化还提供了对与Java类型对应的流中数据编码的完全控制。对于(一个人为的)例子，您可能希望将布尔值true记录为“Y”，将false记录为“N”。外部化可以让你做到这一点。

There are so many difference exist between Serializable and Externalizable but when we compare difference between custom Serializable(overrided writeObject() & readObject()) and Externalizable then we find that custom implementation is tightly bind with ObjectOutputStream class where as in Externalizable case , we ourself provide an implementation of ObjectOutput which may be ObjectOutputStream class or it could be some other like org.apache.mina.filter.codec.serialization.ObjectSerializationOutputStream

如果是Externalizable接口

@Override
public void writeExternal(ObjectOutput out) throws IOException {
    out.writeUTF(key);
    out.writeUTF(value);
    out.writeObject(emp);
}

@Override
public void readExternal(ObjectInput in) throws IOException, ClassNotFoundException {
    this.key = in.readUTF();
    this.value = in.readUTF();
    this.emp = (Employee) in.readObject();
}





**In case of Serializable interface**


        /* 
             We can comment below two method and use default serialization process as well
             Sequence of class attributes in read and write methods MUST BE same.
        // below will not work it will not work . 
        // Exception = java.io.StreamCorruptedException: invalid type code: 00\
              private void writeObject(java.io.ObjectOutput stream) 
              */
            private void writeObject(java.io.ObjectOutputStream Outstream)
                    throws IOException {

                System.out.println("from writeObject()");
                /*     We can define custom validation or business rules inside read/write methods.
 This way our validation methods will be automatically 
    called by JVM, immediately after default serialization 
    and deserialization process 
    happens.
                 checkTestInfo();
                */

                stream.writeUTF(name);
                stream.writeInt(age);
                stream.writeObject(salary);
                stream.writeObject(address);
            }

            private void readObject(java.io.ObjectInputStream Instream)
                    throws IOException, ClassNotFoundException {
                System.out.println("from readObject()");
                name = (String) stream.readUTF();
                age = stream.readInt();
                salary = (BigDecimal) stream.readObject();
                address = (Address) stream.readObject();
                // validateTestInfo();
            }

为了更好地解释，我添加了示例代码。请检查Externalizable的入/出对象情况。它们不直接绑定到任何实现。 其中Outstream/ stream与类紧密绑定。我们可以扩展ObjectOutputStream/ObjectInputStream，但使用起来有点困难。

实际上并没有提供Externalizable接口来优化序列化进程的性能!而是提供实现您自己的自定义处理的方法，并为对象及其超类型提供对流的格式和内容的完全控制!

这方面的例子是AMF (ActionScript Message Format)远程处理的实现，通过网络传输本机操作脚本对象。