Japan Balance of Trade  1963-2017 | Data | Chart | Calendar | Forecast

Japan's trade balance swung to a JPY 113.64 billion surplus in August of 2017 from JPY 34.62 billion deficit in the same month a year earlier and above market consensus of a surplus of JPY 93.9 billion. Exports rose 18.1 percent from a year earlier to JPY 6,278 billion while imports increased by 15.2 percent to JPY 6,164.4 billion. Balance of Trade in Japan averaged 367.77 JPY Billion from 1963 until 2017, reaching an all time high of 1608.67 JPY Billion in September of 2007 and a record low of -2795.04 JPY Billion in January of 2014.

Japan Balance of Trade
Please Paste this Code in your Website
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.




Japan Trade Balance Swings to Surplus in August


Japan's trade balance swung to a JPY 113.64 billion surplus in August of 2017 from JPY 34.62 billion deficit in the same month a year earlier and above market consensus of a surplus of JPY 93.9 billion. Exports rose 18.1 percent from a year earlier to JPY 6,278 billion while imports increased by 15.2 percent to JPY 6,164.4 billion.

In August, exports rose 18.1 percent from the previous year to JPY 6,278 billion and above expectations of a 14.7 percent gain. It was the ninth straight month of increase in outbound shipments and the fastest since November 2013, as all categories lifted. Sales of transport equipment grew by 13.9 percent, supported by motor vehicles (14.5 percent), parts of motor vehicles (18.1 percent), and motorcycles, autocycles (30.9 percent). Also, outbound shipments of machinery went up 18.5 percent, mainly boosted by power generating machine (19.7 percent), computers and units  (18.6 percent), and parts of computers (19 percent). Sales of manufactured goods increased by 11.7 percent, led by iron and steel products (13.8 percent). In addition, exports of electrical machinery rose 16.9 percent, mainly driven by semiconductors (19.1 percent) and IC (23.5 percent). Sales of chemicals went up 20 percent, boosted by organic chemicals (24.8 percent), medical products (17 percent), and plastic materials (15.7 percent). Exports of others rose 26.3 percent, driven by scientific, optical instruments (29.4 percent). In addition, outbound shipments of foodstuff rose 18.1 percent and those of raw materials gained 33.1 percent.
 
Among major trading partners, exports rose to China (19.9 percent); the US (21.8 percent); the EU (13.7 percent), of which Germany (13.3 percent); Hong Kong (25.8 percent), and South Korea (17.1 percent).
 
Imports increased by 15.2 percent from a year earlier to JPY 6,164.4 billion, and above market expectations of a 11.8 percent gain. Purchases rose for all categories: mineral fuels (24.2 percent), of which petroleum (14.3 percent); electrical machinery (10.7 percent); chemicals (6.3 percent); machinery (23.8 percent); others (6.9 percent), of which scientific, optical instrument (12.2 percent); foodstuff (17.6 percent); manufactured goods (15.9 percent), raw materials (25.5 percent), and tansport equipment (8 percent), boosted by motor vehicles (17,9 percent) and parts of motor vehicles (19.8 percent).
 
Among major trading partners, imports rose from China (11 percent); the US (5.7 percent); Taiwan (4.2 percent); South Korea (16.7 percent); the EU (12.3 percent), of which Germany (23.8 percent), and Australia (51.8 percent).
 
 
 
 
 

Ministry of Finance, Japan l Chusnul Ch Manan| chusnul@tradingeconomics.com
9/20/2017 2:05:09 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-07-19 11:50 PM Balance of Trade ¥440B ¥-203.4B ¥484.7B ¥480B
2017-08-16 11:50 PM Balance of Trade ¥419B ¥440B ¥392B ¥250B
2017-09-19 11:50 PM Balance of Trade ¥113.6B ¥422B ¥94B ¥115B
2017-10-23 11:50 PM Balance of Trade ¥113.6B
2017-11-20 11:50 PM Balance of Trade
2017-12-18 11:50 PM Balance of Trade


Japan Trade Last Previous Highest Lowest Unit
Balance of Trade 113.64 421.74 1608.67 -2795.04 JPY Billion [+]
Exports 6278.04 6495.23 7681.69 105.08 JPY Billion [+]
Imports 6164.40 6073.50 8047.03 162.06 JPY Billion [+]
Current Account 2320.00 934.60 3360.40 -1456.10 JPY Billion [+]
Current Account to GDP 3.70 3.10 4.70 -1.00 percent [+]
External Debt 390590.00 387147.00 399002.00 141743.00 JPY Billion [+]
Terms of Trade 105.20 104.30 276.10 83.10 Index Points [+]
Foreign Direct Investment 11811.00 14614.00 45202.00 -3825.00 JPY Hundreds Million [+]
Capital Flows 8395.00 13292.00 51843.00 -26928.00 JPY HML [+]
Tourism Revenues 21463000.00 14478000.00 22081000.00 821000.00 JPY Thousand [+]
Tourist Arrivals 2477500.00 2681500.00 2681500.00 225806.00 [+]
Gold Reserves 765.22 765.22 765.22 753.54 Tonnes [+]
Terrorism Index 2.45 0.00 2.52 0.00 [+]
Crude Oil Production 4.00 4.00 13.00 3.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Japan Balance of Trade

Between 1980 and 2010 Japan had been recording trade surpluses every year due to rising exports. But since the Fukushima nuclear disaster in March 2011, trade balance swing to deficit due to the weakening of the Japanese yen and increased purchases of fossil fuels and gas. In 2015, trade gap fell 77.9 percent from a record high deficit in the previous year, helped by plunge in oil prices. In 2015, the biggest trade surpluses were recorded with: United States, Hong Kong, South Korea, Taiwan and Singapore. The biggest trade deficits were recorded with: China, Australia, Saudi Arabia, United Arab Emirates, Russia and Malaysia. This page provides - Japan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Balance of Trade - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
113.64 421.74 1608.67 -2795.04 1963 - 2017 JPY Billion Monthly
Current Prices, NSA




balance of trade by Country

Last
Australia 460.00 Jul/17
Brazil 5599.00 Aug/17
Canada -3040.40 Jul/17
China 419.92 Aug/17
Euro Area 23156.00 Jul/17
France -5968.00 Jul/17
Germany 19500.00 Jul/17
India -11643.96 Aug/17
Indonesia 1722.60 Aug/17
Italy 6560.39 Jul/17
Japan 113.64 Aug/17
Mexico -1522.60 Jul/17
Netherlands 4711.00 Jul/17
Russia 3970.00 Jul/17
South Korea 7013.00 Aug/17
Spain -2099000.00 Jul/17
Switzerland 2173.00 Aug/17
Turkey -8842.94 Jul/17
United Kingdom -2872.00 Jul/17
United States -43689.00 Jul/17