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.

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Japan Exports

Actual Previous Highest Lowest Dates Unit Frequency
7378.12 6038.00 7681.69 105.08 1963 - 2021 JPY Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-20 11:50 PM Dec 2% -4.2% 2.4%
2021-02-16 11:50 PM Jan 6.4% 2% 6.6% 4.7%
2021-03-16 11:50 PM Feb -4.5% 6.4% -0.8%
2021-04-18 11:50 PM Mar 16.1% -4.5% 11.6%


News Stream
Japan Exports Rise the Most in Over 3 Years
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%).
2021-04-19
Japan Exports Fall More than Expected
Exports from Japan decreased by 4.5 percent year-on-year to JPY 6.04 trillion in February of 2021, compared with market expectations of a 0.8 percent decline. It was the first decline in three months amid lower sales of machinery (-1.4 percent), electrical machinery (-0.9 percent), transport equipment (-12.8 percent), and manufactured goods (-5.2 percent). On the bright side, sales of chemicals increased by 5.2 percent. Among major trading partners, shipments declined to the US (-14 percent) and to Hong Kong (-8.5 percent), whereas sales to China climbed 3.4 percent.
2021-03-17
Japan Exports Rise for Second Month
Exports from Japan rose by 6.4 percent year-on-year to JPY 5.78 trillion in January of 2021, compared with market expectations of a 2.0 percent gain. It was the second consecutive month of gains amid higher sales of electrical machinery (13.2 percent), machinery (18.7 percent) and manufactured goods (6.0 percent). On the other hand, exports of transport equipment declined 8.7 percent. Among major trading partners, shipments advanced to China (37.5 percent), South Korea (15.5 percent) and Taiwan (21.7 percent). Meanwhile, exports to the US dropped 4.8 percent.
2021-02-16
Japan Exports Return to Growth
Exports from Japan rose by 2 percent year-on-year to JPY 6.71 trillion in December 2020, below market consensus of 2.4 percent increase but ending 24 straight months of declines, the longest stretch on record based on comparable data going back to 1979. Several categories reported double-digit growth: foodstuff (14.0 percent), raw materials (24.1 percent), and chemicals (10 percent). In contrast, exports of manufactured goods fell 1.6 percent; of transport equipment 2.7 percent, and of mineral fuels 51.5 percent. Among top partners, sales to China jumped 10.2 percent, to Korea 20.8 percent, and to Hong Kong 6.4 percent, whereas exports to the United States declined 0.7 percent.
2021-01-21

Japan Exports
Exports of high technology products have been the engine of Japan's economic growth since 1960. Exports account for around 19 percent of total GDP. In 2019 exports fell 5.6 percent from the previous year's record high amid global trade tensions. Main exports were: transport equipment (24 percent of total exports), with motor vehicles accounting for 16 percent; machinery (20 percent) on the back of power generating machine and semicon machinery; electrical machinery (17 percent), such as semiconductors, IC and electrical apparatus; chemicals (11 percent), mainly plastic materials and organic chemicals; and manufactured goods (11 percent), such as iron and steel products, nonferrous metals and manufactures of metals. Japan's main export partners were the US (20 percent), China (19 percent), the EU (12 percent) in particular Germany (3 percent), South Korea (7 percent), Taiwan (6 percent), Hong Kong (5 percent), and Thailand (4 percent).
Japan Exports by Country Last Previous
China 1174310.00 1232632.00 JPY Million Feb/21
United States 1092233.00 1001463.00 JPY Million Feb/21
European Union 589168.00 532217.00 JPY Million Feb/21
South Korea 424190.00 429370.00 JPY Million Feb/21
Taiwan 411958.00 413975.00 JPY Million Feb/21
Thailand 281521.00 262683.00 JPY Million Feb/21
Hong Kong 259086.00 293467.00 JPY Million Feb/21
Germany 168073.00 158435.00 JPY Million Feb/21
Singapore 166262.00 151943.00 JPY Million Feb/21
Malaysia 132892.00 131923.00 JPY Million Feb/21
Australia 131981.00 119079.00 JPY Million Feb/21
Netherlands 109779.00 100651.00 JPY Million Feb/21
India 109303.00 96644.00 JPY Million Feb/21
Indonesia 100766.00 86830.00 JPY Million Feb/21
United Kingdom 91795.00 82954.00 JPY Million Feb/21
Philippines 80770.00 77718.00 JPY Million Feb/21
Russia 62915.00 53756.00 JPY Million Feb/21
Belgium 59094.00 54116.00 JPY Million Feb/21
France 56313.00 51406.00 JPY Million Feb/21
Italy 47293.00 39176.00 JPY Million Feb/21
Japan Exports by Category Last Previous
Machinery & Transport Equipment 3589508.90 3355433.05 JPY Million Feb/21
Transport Equipment 1313576.00 1212146.00 JPY Million Feb/21
Electrical Machinery 1081441.00 1060924.00 JPY Million Feb/21
Chemicals 762721.00 788726.00 JPY Million Feb/21
Passenger Cars 761153.00 706971.00 JPY Million Feb/21
Re Goods 392770.61 376046.32 JPY Million Feb/21
Miscellaneous Articles 338482.24 335255.86 JPY Million Feb/21
Iron & Steel Products 236763.00 208724.00 JPY Million Feb/21
Plastic Materials 216970.00 224775.00 JPY Million Feb/21
Chemical Compounds & Elements 214664.39 211922.58 JPY Million Feb/21
Power Generating Machinery 199486.00 162853.00 JPY Million Feb/21
Precision Instruments 172047.29 166900.23 JPY Million Feb/21
Scientific,medical,optical Instruments 166193.00 160952.00 JPY Million Feb/21
Flat-rolled Iron On Steel Prds. 154996.95 134832.23 JPY Million Feb/21
Electrical Apparatus 149820.00 149085.00 JPY Million Feb/21
Non-ferrous Metals 138214.00 145874.00 JPY Million Feb/21
Organic Chemicals 135851.00 139409.00 JPY Million Feb/21
Chemical Materials & Products, Nes 128808.01 132903.21 JPY Million Feb/21
Raw Materials 104389.00 91361.00 JPY Million Feb/21
Pumps & Centrifuges 103399.00 93721.00 JPY Million Feb/21

United Nations Comtrade Database
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