Exports from Japan slumped 14.8 percent yoy to JPY 5.23 trillion in August 2020, compared with market consensus of a 16.1 percent drop and after a 19.2 plunge in the previous month. This was the 21th straight month of drop in overseas sales, amid deteriorating global demand due to the ongoing COVID-19 crisis and supply chain interruptions. Shipments of transport equipment plunged 23.2percent, while exports of machinery also fell 16.8 percent, due to power generating machinery (-25.6 percent) and metalworking machinery (-26.8 percent). Also, sales of manufactured goods dropped 14.1 percent, dragged by iron & steel products (-27.4 percent). Exports dropped to the US (-21.3 percent), Western Europe (-15.3 percent), South Korea (-13.8 percent), and Hong Kong (-4 percent) In contrast, sales to China climbed 5.1 percent, losing steam following an 8.2 percent increase in July.

Exports in Japan averaged 3419.11 JPY Billion from 1963 until 2020, 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 September of 2020. source: Ministry of Finance, Japan

Exports in Japan is expected to be 5600.00 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 5800.00 in 12 months time. In the long-term, the Japan Exports is projected to trend around 5200.00 JPY Billion in 2021 and 5700.00 JPY Billion in 2022, according to our econometric models.

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Japan Exports

Actual Previous Highest Lowest Dates Unit Frequency
5232.66 5368.89 7681.69 105.08 1963 - 2020 JPY Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-16 11:50 PM May -28.3% -21.9% -17.9%
2020-07-19 11:50 PM Jun -26.2% -28.3% -24.9%
2020-08-18 11:50 PM Jul -19.2% -26.2% -21%
2020-09-15 11:50 PM Aug -14.8% -19.2% -16.1%


News Stream
Japan Exports Extend Double-Digit Falls
Exports from Japan slumped 14.8 percent yoy to JPY 5.23 trillion in August 2020, compared with market consensus of a 16.1 percent drop and after a 19.2 plunge in the previous month. This was the 21th straight month of drop in overseas sales, amid deteriorating global demand due to the ongoing COVID-19 crisis and supply chain interruptions. Shipments of transport equipment plunged 23.2percent, while exports of machinery also fell 16.8 percent, due to power generating machinery (-25.6 percent) and metalworking machinery (-26.8 percent). Also, sales of manufactured goods dropped 14.1 percent, dragged by iron & steel products (-27.4 percent). Exports dropped to the US (-21.3 percent), Western Europe (-15.3 percent), South Korea (-13.8 percent), and Hong Kong (-4 percent) In contrast, sales to China climbed 5.1 percent, losing steam following an 8.2 percent increase in July.
2020-09-16
Japan Exports Drop Less than Expected
Exports from Japan slumped 19.2 percent yoy to JPY 5.37 trillion in July 2020, compared with market consensus of a 21 percent drop and after a 26.2 plunge in the previous month. This was the 20th straight month of drop in overseas sales, amid deteriorating global demand due to the ongoing COVID-19 crisis. Shipments of transport equipment plunged 32.9 percent, while exports of machinery also fell 17 percent, due to power generating machinery (-33.4 percent) and metalworking machinery (-30.9 percent). Also, sales of manufactured goods dropped 22 percent, dragged by iron & steel products (-32 percent). Exports dropped Hong Kong (-7.5 percent), South Korea (-14.1 percent), Singapore (-13.1 percent), and Thailand (-35.9 percent), and the US (-19.5 percent), and Western Europe (-32.5 percent). In contrast, sales to China climbed 8.2 percent.
2020-08-19
Japan Exports Plunge More than Estimated
Exports from Japan slumped 26.2% yoy to JPY 4.96 trillion in June 2020, compared with market consensus of a 24.9% drop and after a 28.3% plunge in May. This was the 19th straight month of drop in overseas sales, amid deteriorating global demand due to the ongoing COVID-19 crisis. Shipments of transport equipment plunged 41.1%, weighed down by motor vehicles (-49.9%) and car (-50.1%). Exports of machinery also fell 24.5%, due to power generating machine (-37.1%) and semicon machinery (-6.6%). Sales of electrical machinery sank 18.5%, mainly led by semiconductors (-7.8%), while those of manufactured goods slumped 25.5%, of which iron & steel products (-26.6%). Shipments of chemicals plummeted 14.2%, largely due to organic chemicals (-25.3%). Exports dropped to China (-0.2%), Hong Kong (-14.6%), South Korea (-15.1%), Singapore (-27.7%), Thailand (-45.6%), the US (-46.6%), Germany (-29.9%), the UK (-51%), Russia (-40.6%), United Arab Emirates (-47.1%), and Saudi Arabia (-63.8%).
2020-07-20
Japan Exports Drop the Most since 2009
Exports from Japan slumped 28.3 percent yoy to JPY 4.18 trillion in May 2020, compared with market consensus of a 17.9 percent drop and after a 21.9 percent fall in April. Sales fell for the 18th straight month and at the sharpest pace in more than 10 years amid weakening global demand and the ongoing COVID-19 pandemic. Shipments of transport equipment plunged 60.3 percent after falling 45.5 percent in the previous month dragged mainly by motor vehicles (-64.1 percent). Meanwhile, exports also fell sharply for machinery (-23.2 percent), electrical machinery (-13.7 percent), manufactured goods (-23.8 percent), and mineral fuels (-72.6 percent). Among top commercial partners, exports to the United States plummeted 50.6 percent after dropping 37.8 percent in April, whereas those to China fell by a softer pace of 1.9 percent compared to a 4.1 percent drop.
2020-06-16

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 1261615.00 1329002.00 JPY Million Aug/20
United States 936851.00 1091363.00 JPY Million Aug/20
European Union 476288.00 439257.00 JPY Million Aug/20
Taiwan 365617.00 384600.00 JPY Million Aug/20
South Korea 364043.00 374426.00 JPY Million Aug/20
Hong Kong 271695.00 284995.00 JPY Million Aug/20
Thailand 190452.00 174272.00 JPY Million Aug/20
Germany 145556.00 136409.00 JPY Million Aug/20
Singapore 119643.00 146913.00 JPY Million Aug/20
Malaysia 110751.00 99800.00 JPY Million Aug/20
Australia 97665.00 103341.00 JPY Million Aug/20
United Kingdom 86650.00 74708.00 JPY Million Aug/20
Netherlands 85662.00 73554.00 JPY Million Aug/20
Philippines 76433.00 75377.00 JPY Million Aug/20
India 76371.00 65210.00 JPY Million Aug/20
Switzerland 65666.00 47552.00 JPY Million Aug/20
Belgium 56613.00 49071.00 JPY Million Aug/20
Indonesia 54695.00 54855.00 JPY Million Aug/20
Russia 47746.00 42065.00 JPY Million Aug/20
France 43268.00 44740.00 JPY Million Aug/20
Japan Exports by Category Last Previous
Machinery & Transport Equipment 3163387.40 2805122.51 JPY Million Jul/20
Electrical Machinery 1052482.00 1037591.00 JPY Million Aug/20
Transport Equipment 1034576.00 1082251.00 JPY Million Aug/20
Chemicals 662867.00 660533.00 JPY Million Aug/20
Passenger Cars 642643.00 699542.00 JPY Million Aug/20
Re Goods 362000.74 304583.82 JPY Million Jul/20
Miscellaneous Articles 331797.82 312989.55 JPY Million Jul/20
Iron & Steel Products 188902.00 186216.00 JPY Million Aug/20
Plastic Materials 188420.00 189786.00 JPY Million Aug/20
Chemical Compounds & Elements 170346.14 161950.54 JPY Million Jul/20
Precision Instruments 169723.19 161896.99 JPY Million Jul/20
Scientific,medical,optical Instruments 153455.00 163539.00 JPY Million Aug/20
Power Generating Machinery 153243.00 153125.00 JPY Million Aug/20
Non-ferrous Metals 148706.00 135328.00 JPY Million Aug/20
Electrical Apparatus 134987.00 138871.00 JPY Million Aug/20
Organic Chemicals 121001.00 118469.00 JPY Million Aug/20
Chemical Materials & Products, Nes 113568.57 111188.55 JPY Million Jul/20
Flat-rolled Iron On Steel Prds. 104925.15 111947.90 JPY Million Jul/20
Non Monetary Gold 103304.09 69976.58 JPY Million Jul/20
Pumps & Centrifuges 95951.00 94111.00 JPY Million Aug/20

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category