Japan's trade balance switched to a deficit of JPY 930 billion in April 2020 from JPY 59 billion surplus in the same month a year earlier, compared to market expectations of a JPY 560 billion gap. Year-on-year, exports tumbled 21.9 percent to JPY 5.20 trillion while imports shrank 7.2 percent to JPY 6.13 trillion.

Balance of Trade in Japan averaged 346.73 JPY Billion from 1963 until 2020, reaching an all time high of 1608.68 JPY Billion in September of 2007 and a record low of -2795.12 JPY Billion in January of 2014. This page provides - Japan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Ministry of Finance, Japan

Balance of Trade in Japan is expected to be 500.00 JPY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Japan to stand at 1000.00 in 12 months time. In the long-term, the Japan Balance of Trade is projected to trend around 1010.00 JPY Billion in 2021 and -840.00 JPY Billion in 2022, according to our econometric models.

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Japan Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-930.40 5.41 1608.68 -2795.12 1963 - 2020 JPY Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-18 11:50 PM Jan ¥-1312.6B ¥-154.6B ¥-1694.9B ¥-1723B
2020-03-17 11:50 PM Feb ¥1109.8B ¥-1313.2B ¥917.2B ¥915B
2020-04-19 11:50 PM Mar ¥4.9B ¥1108.8B ¥420B ¥ 400B
2020-05-20 11:50 PM Apr ¥-930B ¥5.4B ¥-560B ¥-480B
2020-06-16 11:50 PM May ¥-930B ¥-880B
2020-07-19 11:50 PM Jun ¥ -200B
2020-08-18 11:50 PM Jul ¥-260B
2020-09-15 11:50 PM Aug ¥-160B
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Japan Trade Balance Switches to Deficit
Japan's trade balance switched to a deficit of JPY 930 billion in April 2020 from JPY 59 billion surplus in the same month a year earlier, compared to market expectations of a JPY 560 billion gap. Year-on-year, exports tumbled 21.9 percent to JPY 5.20 trillion while imports shrank 7.2 percent to JPY 6.13 trillion.
2020-05-20
Japan March Trade Surplus Far Below Estimates
Japan's trade surplus plunged to JPY 4.95 billion in March 2020 from JPY 517.29 billion in the same month a year earlier and well below market expectations of a JPY 420 billion surplus. Year-on-year, exports tumbled 11.7 percent to JPY 6.36 trillion while imports shrank 5 percent to JPY 6.35 trillion.
2020-04-19
Japan Trade Surplus Widens on Plunging Imports
Japan's trade surplus widened to JPY 1.11 trillion in February 2020 from JPY 0.33 trillion in the same month a year earlier and beating market expectations of a JPY 0.92 trillion surplus. It marked the first trade surplus in four months, as exports fell 1 percent year-on-year to JPY 6.32 trillion, whereas imports shrank 14 percent to JPY 5.21 trillion.
2020-03-17
Japan Trade Gap Narrows in January
Japan's trade deficit narrowed to JPY 1.31 trillion in January 2020 from JPY 1.42 trillion in the same month a year earlier and compared with market expectations of a JPY 1.69 trillion gap. It was the third straight month of trade gap, as exports fell 2.6 percent year-on-year to JPY 5.43 trillion, the lowest in three years mainly due to lower shipments of cars and machines to the US and sales of car parts and electronics to China. Imports shrank 3.6 percent to JPY 6.74 trillion.
2020-02-19

Japan Balance of Trade
Between 1980 and 2010 Japan had been recording trade surpluses every year due to rising exports. However, the trade balance swung to deficit in 2011, as the Fukushima nuclear disaster forced the country to increase its purchases of fossil fuels and gas in the wake of weaker yen. The surplus was back in 2016 and 2017, but in 2018 and 2019 Japan's trade balance shifted back into deficit amid persistent trade tensions between the US and China, and sluggish global growth. In 2019, Japan reported the biggest trade surpluses with the US, Hong Kong, South Korea, Taiwan, Singapore and the Netherlands. The biggest trade deficits were recorded with China, Australia, Saudi Arabia, the UAE and Qatar.