Exports from Japan fell 6.7 percent from a year earlier to JPY 6.58 trillion in June 2019, compared to market consensus of a 5.6 percent drop and May's 7.8 percent fall. It was the seventh straight month of declines in shipments, amid weakening global demand and the US-China trade dispute. Declines were observed in machinery (-8 percent), led by metalworking machinery (-22.2 percent) and power generating machine (-7.7 percent); transport equipment (-7.6 percent), due to motor vehicles (-0.7 percent) and parts (-14.1 percent); electrical machinery (-9.3 percent); and manufactured goods (-8.6 percent) such as iron and steel products (-11.6 percent) and nonferrous metals (-11.8 percent). Among main trade partners, exports fell mainly to China (-10.1 percent), Hong Kong (-4.3 percent), South Korea (-14.8 percent), Singapore (-7-9 percent), Australia (-18.7 percent), the EU (-6.7 percent), and the Middle East (-16.4 percent). Still, sales to the US climbed 4.8 percent. Exports in Japan averaged 3371.95 JPY Billion from 1963 until 2019, 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 6580.00 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 7100.00 in 12 months time. In the long-term, the Japan Exports is projected to trend around 7050.00 JPY Billion in 2020, according to our econometric models.

Japan Exports
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-16 11:50 PM Exports YoY Mar -2.4% -1.2% -2.7%
2019-05-21 11:50 PM Exports YoY Apr -2.4% -2.4% -1.8% -3.2%
2019-06-18 11:50 PM Exports YoY May -7.8% -2.4% -7.7% -5.2%
2019-07-17 11:50 PM Exports YoY Jun -6.7% -7.8% -5.6%
2019-08-18 11:50 PM Exports YoY Jul -6.7%
2019-09-17 11:50 PM Exports YoY Aug
2019-10-20 11:50 PM Exports YoY Sep


Japan Trade Last Previous Highest Lowest Unit
Balance of Trade 589.46 -968.30 1608.67 -2795.12 JPY Billion [+]
Current Account 1594.84 1707.39 3360.40 -1456.11 JPY Billion [+]
Current Account to GDP 3.50 4.00 4.70 -1.00 percent [+]
Imports 5995.04 6803.64 8047.03 162.06 JPY Billion [+]
Exports 6584.51 5835.34 7681.69 105.08 JPY Billion [+]
External Debt 462696.00 442747.00 462696.00 141743.00 JPY Billion [+]
Terms of Trade 97.70 96.80 276.10 83.10 Index Points [+]
Foreign Direct Investment 8221.52 17484.94 70854.65 -3825.00 JPY Hundred Million [+]
Capital Flows 32149.00 -12709.00 51996.00 -26928.00 JPY HML [+]
Tourism Revenues 23084000.00 28213000.00 28213000.00 821000.00 JPY Thousand [+]
Tourist Arrivals 2880000.00 2773100.00 2926700.00 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6584.51 5835.34 7681.69 105.08 1963 - 2019 JPY Billion Monthly
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