Imports to Japan plunged 20.8 percent yoy to JPY 4.98 trillion in August 2020, compared to market forecasts of a 18 percent slump and following a 22.3 percent drop in July. This marked the 16th consecutive month of decline in inbound shipments, as purchases of transport equipment plummeted 39.1 percent, dragged mainly by a 50.9 percent drop in aircraft and a 38.2 percent decline in motor vehicles. Meanwhile, purchases of mineral fuels plunged 45.1 percent, dragged by a 52.5 percent decline in petroleum. Imports fell from China (-7 percent), Hong Kong (-26.3 percent), Thailand (-18.3 percent), South Korea (-18.3 percent), and the US (-22 percent).

Imports in Japan averaged 3075.47 JPY Billion from 1963 until 2020, reaching an all time high of 8047.03 JPY Billion in January of 2014 and a record low of 162.06 JPY Billion in January of 1963. This page provides the latest reported value for - Japan Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Imports - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Ministry of Finance, Japan

Imports in Japan is expected to be 4800.00 JPY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Japan to stand at 5800.00 in 12 months time. In the long-term, the Japan Imports is projected to trend around 6200.00 JPY Billion in 2021 and 6540.00 JPY Billion in 2022, according to our econometric models.

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Japan Imports

Actual Previous Highest Lowest Dates Unit Frequency
4984.36 5357.25 8047.03 162.06 1963 - 2020 JPY Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-16 11:50 PM May -26.2% -7.1%
2020-07-19 11:50 PM Jun -14.4% -26.2% -16.8%
2020-08-18 11:50 PM Jul -22.3% -14.4% -22.8%
2020-09-15 11:50 PM Aug -20.8% -22.3% -18%


News Stream
Japan Imports Drop for 16th Month
Imports to Japan plunged 20.8 percent yoy to JPY 4.98 trillion in August 2020, compared to market forecasts of a 18 percent slump and following a 22.3 percent drop in July. This marked the 16th consecutive month of decline in inbound shipments, as purchases of transport equipment plummeted 39.1 percent, dragged mainly by a 50.9 percent drop in aircraft and a 38.2 percent decline in motor vehicles. Meanwhile, purchases of mineral fuels plunged 45.1 percent, dragged by a 52.5 percent decline in petroleum. Imports fell from China (-7 percent), Hong Kong (-26.3 percent), Thailand (-18.3 percent), South Korea (-18.3 percent), and the US (-22 percent).
2020-09-16
Japan Imports Plunge 22.3% YoY in July
Imports to Japan plunged 22.3 percent yoy to JPY 5.36 trillion in July 2020, compared to market forecasts of a 22.8 percent slump and following a 14.4 percent drop in June. This marked the 15th consecutive month of decline in inbound shipments, as purchases of transport equipment plummeted 47.1 percent, dragged mainly by an 80 percent drop in aircraft and a 46.1 percent decline in parts. Meanwhile, purchases of mineral fuels plunged 48.5 percent, dragged by a 63.1 percent decline in petroleum. Imports fell from China (-9.8 percent), Hong Kong (-31.4 percent), Thailand (-24.8 percent), South Korea (-21.4 percent), and the US (-25.5 percent).
2020-08-19
Japan Imports Slump Less than Expected
Imports to Japan plunged 14.4% yoy to JPY 5.13 trillion in June 2020, compared with market forecasts of a 16.8% slump and following a 26.2% in May. This marked the 14th consecutive month of decline in inbound shipments, as purchases of electrical machinery fell 6.3%, led by semiconductors (-3.9%) and IC (-3.6%). Also, imports of others dropped 7.7%, driven by scientific, optical instruments (-8.4%) and clothing (-17.1%), while those of mineral fuels plunged 48.7%. of which petroleum (-71.8%) and LNG (-10.6%). Also, arrivals of manufactured goods fell 8.1%, due to nonferrous metals (-9.9%), and those of transport equipment plunged 58.2%, of which motor vehicles (-69.2%) and parts of motor vehicles (-43.4%). Imports fell from Hong Kong (-77.5%), South Korea (-15.8%), Thailand (-16.7%), Indonesia (-27.4%), Vietnam (-12.8%), the US (-12.6%), Australia (-22%), Germany (-12.5%), the UK (-29.1%), United Arab Emirates (-72.9%), and Saudi Arabia (-63%).
2020-07-20
Japan Imports Tank 26.2% YoY
Imports to Japan slumped 26.2 percent yoy to JPY 5.02 trillion in May 2020, after falling 7.1 percent in the previous month. It marked the 13th straight month of drop in purchases, mainly due to lower imports of mineral fuels (-57.5 percent vs -32.9 percent in April) led by petroleum (-78.9 percent) amid lower prices. Also, imports of machinery fell 12.6 percent after a 4.3 percent decline. Among top trading partners, imports from the US tanked 27.5 percent after growing 1.6 percent in the previous month, while those from China dropped 2 percent after climbing 11.7 percent. Also, purchases from Westen Europe plunged 30.9 percent, led by a 48.8 percent decline from France.
2020-06-17

Japan Imports
In 2019 imports to Japan dropped 5 percent from the previous year's record high amid global trade tensions. Main imports were: mineral fuels (22 percent of total imports), with petroleum accounting for 10 percent and LNG for 6 percent; electrical machinery (15 percent) on the back of telephony, telegraphy and semiconductors; chemicals (10 percent) due to medical products and organic chemicals; machinery (10 percent) in particular computers and units; foodstuff (9 percent) such as fish and fish preparations and meat and meat preparations; manufactured goods (9 percent) on nonferrous metals; and raw materials (6 percent) mainly ore of nonferrous and iron ore and concentrates. Japan's main import partners were China (23 percent), the EU (12 percent) in particular Germany (3 percent), the US (11 percent), Australia (6 percent), South Korea (4 percent), Saudi Arabia (4 percent), Taiwan (4 percent), the UAE (4 percent) and Thailand (4 percent).
Japan Imports by Country Last Previous
China 1319214.00 1456395.00 JPY Million Aug/20
United States 563741.00 578882.00 JPY Million Aug/20
European Union 557346.00 651665.00 JPY Million Aug/20
Australia 239368.00 320599.00 JPY Million Aug/20
Taiwan 208704.00 235216.00 JPY Million Aug/20
South Korea 196418.00 216962.00 JPY Million Aug/20
Thailand 183047.00 191045.00 JPY Million Aug/20
Germany 158303.00 193620.00 JPY Million Aug/20
Malaysia 122989.00 139852.00 JPY Million Aug/20
Indonesia 120452.00 131589.00 JPY Million Aug/20
Italy 93364.00 108118.00 JPY Million Aug/20
Russia 89802.00 79592.00 JPY Million Aug/20
Philippines 81052.00 88979.00 JPY Million Aug/20
France 68008.00 77970.00 JPY Million Aug/20
Singapore 64066.00 88318.00 JPY Million Aug/20
Switzerland 57995.00 62188.00 JPY Million Aug/20
United Kingdom 52425.00 50008.00 JPY Million Aug/20
India 36989.00 42624.00 JPY Million Aug/20
Sweden 29404.00 27323.00 JPY Million Aug/20
Spain 27883.00 24776.00 JPY Million Aug/20
Japan Imports by Category Last Previous
Machinery & Transport Equipment 1674991.21 1572087.73 JPY Million Jul/20
Mineral Fuels 757241.00 747279.00 JPY Million Aug/20
Miscellaneous Manufacturers Articles 741588.93 635446.06 JPY Million Jul/20
Industrial Chemicals 641605.00 701265.00 JPY Million Jul/20
Chemicals 538665.00 666583.00 JPY Million Aug/20
Foodstuff 522998.00 566585.00 JPY Million Aug/20
Food & Live Animals 487058.38 501390.41 JPY Million Jul/20
Petroleum & Petroleum Products 422384.00 343626.00 JPY Million Aug/20
Raw Materials 343433.00 353431.00 JPY Million Aug/20
Crude Materials, Inedible, Except Fuels 337846.02 330030.11 JPY Million Jul/20
Petroleum 319322.00 253896.00 JPY Million Aug/20
Gas,natural & Manufactured 275066.18 267392.85 JPY Million Jul/20
Clothing & Accessories 252006.00 226852.00 JPY Million Aug/20
Office Equipment 251243.70 246912.38 JPY Million Jul/20
Metalliferous Ores & Metal Scrap 231765.79 209707.51 JPY Million Jul/20
Medical & Pharmaceutical Product 225364.00 260436.00 JPY Million Aug/20
Medical & Pharmaceutical Products 225364.00 260436.00 JPY Million Aug/20
Chemical Compounds & Elements 208092.19 209137.22 JPY Million Jul/20
Computer & Units 202298.00 210596.00 JPY Million Aug/20
Transport Equipment 199107.00 159891.00 JPY Million Aug/20

United Nations Comtrade Database
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