Exports from Japan jumped 16.1% yoy to JPY 7.38 billion in March 2021, beating market consensus of an 11.6% growth and after a 4.5% fall in February. This was the steepest growth in outbound shipments since November 2017, amid fresh indication that a recovery in global trade gained strength. Sales of transport equipment rose 11.9%, boosted by motor vehicles (11.2%), and cars (10.5%). Exports of machinery grew 18.7%, led by power generating machines (7.9%). In addition, there were rises in sales of electrical machinery (12.7%), driven by semiconductors (9.8%); others (23.4%), driven by scientific instruments (17%); chemicals (18.5%), driven by plastic materials (23.7%); and manufactured goods (13%), due to iron and steel products (1.5%), and nonferrous metals (38.9%). Exports rose to most countries: China (37.2%), Taiwan (13.6%), Hong Kong (15%), South Korea (111.2%), Thailand (19.1%), the US (4.9%), Germany (11.3%), and Australia (28.7%). source: Ministry of Finance, Japan
Exports in Japan averaged 3451.33 JPY Billion from 1963 until 2021, reaching an all time high of 7681.69 JPY Billion in March of 2008 and a record low of 105.08 JPY Billion in January of 1963. This page provides the latest reported value for - Japan Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Exports - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Exports in Japan is expected to be 5100.00 JPY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Japan to stand at 6400.00 in 12 months time. In the long-term, the Japan Exports is projected to trend around 6700.00 JPY Billion in 2022, according to our econometric models.