Exports from Japan declined 3.8 percent from a year earlier to JPY 7.02 trillion, worse than market consensus of a 1.9 percent drop and after a 0.1 percent rise in November. It was the steepest drop since October 2016 amid weakening global demand and ongoing trade dispute between China and the US. Exports fell for: machinery (-6.6 percent), electrical machinery (-7.4 percent); manufactured goods (-5.2 percent); motor vehicles (-0.5 percent); and scientific, optical instruments (-10.3 percent). Meanwhile, sales of chemicals grew 4.2 percent. Exports to Asia fell 6.9 percent, in particular to China (-7 percent), South Korea (-11.6 percent), Taiwan (-7.1 percent), Hong Kong (-17.3 percent) and Singapore (-3.3 percent). In addition, there were decreases in exports to Australia (-16 percent), Germany (-5 percent) and the Middle East (-4.9 percent). In 2018, export growth slowed to 4.1 percent from 11.8 percent in 2017. Exports in Japan averaged 3345.16 JPY Billion from 1963 until 2018, 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.

Exports in Japan is expected to be 6930.00 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 6300.00 in 12 months time. In the long-term, the Japan Exports is projected to trend around 6450.00 JPY Billion in 2020, according to our econometric models.

Japan Exports
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-18 11:50 PM Exports YoY 6.6% 3.9% 5.6%
2018-10-17 11:50 PM Exports YoY -1.2% 6.6% 1.9%
2018-11-18 11:50 PM Exports YoY 8.2% -1.3% 9%
2018-12-18 11:50 PM Exports YoY 0.1% 8.2% 1.8%
2019-02-19 11:50 PM Exports YoY -3.8% -5.5%
2019-03-17 11:50 PM Exports YoY
2019-04-16 11:50 PM Exports YoY


Japan Trade Last Previous Highest Lowest Unit
Balance of Trade -55.29 -737.71 1608.67 -2795.12 JPY Billion [+]
Current Account 452.80 757.22 3360.40 -1456.11 JPY Billion [+]
Current Account to GDP 4.02 3.70 4.70 -1.00 percent [+]
Imports 7079.28 7665.73 8047.03 162.06 JPY Billion [+]
Exports 7024.00 6928.02 7681.69 105.08 JPY Billion [+]
External Debt 446531.00 426882.00 446531.00 141743.00 JPY Billion [+]
Terms of Trade 96.20 93.80 276.10 83.10 Index Points [+]
Foreign Direct Investment 10090.78 22692.42 45202.00 -3825.00 JPY Hundreds Million [+]
Capital Flows 1839.00 11120.00 51917.00 -26928.00 JPY HML [+]
Tourism Revenues 22140000.00 23883000.00 27665000.00 821000.00 JPY Thousand [+]
Tourist Arrivals 2631800.00 2450800.00 2900700.00 225806.00 [+]
Gold Reserves 765.20 765.20 765.22 753.54 Tonnes [+]
Terrorism Index 2.93 3.60 3.60 0.00 [+]
Crude Oil Production 3.00 3.00 13.00 3.00 BBL/D/1K [+]

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



Japan Exports

Exports of high technology products have been the engine of Japan's economic growth since 1960. Exports account for around 17 percent of total GDP. In 2017 main exports were: transport equipment (23 percent of total exports) with transport vehicles accounting for 15 percent; machinery (20 percent); electrical machinery (17.5 percent); manufactured goods (11 percent) and chemicals (10 percent). Japan's main export partners are: the United States (19 percent), China (18 percent), South Korea (7 percent) and Taiwan (6 percent). 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 - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7024.00 6928.02 7681.69 105.08 1963 - 2018 JPY Billion Monthly
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