Japan recorded a trade surplus of JPY 751 billion in December 2020, compared with a JPY 159.1 billion deficit a year earlier and market expectations of a JPY 942.8 billion surplus. Exports increased 2.0 percent, rebounding from 4.2 percent drop and ending a 24-month deficit streak, the longest stretch on record. Meanwhile, imports dropped at a faster 11.6 percent after declining 11.1 percent, compared with market consensus of a 14 percent plunge and marking a 20th consecutive month of decrease. Considering the whole year, Japan posted a trade surplus of JPY 675 billion, narrowing from a JPY 1668 billion shortfall in the same period of 2019. source: Ministry of Finance, Japan
Balance of Trade in Japan averaged 345.35 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 January of 2021.
Balance of Trade in Japan is expected to be 200.00 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 1010.00 in 12 months time. In the long-term, the Japan Balance of Trade is projected to trend around 1010.00 JPY Billion in 2022 and 160.00 JPY Billion in 2023, according to our econometric models.