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.