Imports to Japan rose by 28.2% yoy to a fresh record peak of JPY 8,915.4 billion in April 2022, compared with market estimates of a 35.0% jump and after a 31.2% growth in March. This was the 13th straight month of double-digit growth, amid strong domestic demand, soaring commodity prices and as a weak yen has been raising costs both for consumers and businesses. Purchases of mineral fuels surged 108.9%, boosted by petroleum (99.3%) and LNG (151.6%); while those of electrical machinery rose 7.3%, led by semiconductors (35.6%). Also, imports grew for chemicals (26.5%); manufactured goods (11%), led by nonferrous metals(16.9%); machinery (8.4%), driven by computers (4%); and raw materials (12.3%), due to ore of nonferrous (26.8%). In contrast, arrivals of transport equipment fell 5.2%. Import grew from the US (15.3%), Taiwan (24.9%), South Korea (12.3%), Indonesia (95.9%), Germany (25.5%), and Australia (90.6%). By contrast, purchases from China fell 5.5%, the most since September 2020. source: Ministry of Finance, Japan
Imports YoY in Japan averaged 8.22 percent from 1964 until 2022, reaching an all time high of 106.50 percent in February of 1974 and a record low of -42.70 percent in February of 2009. This page includes a chart with historical data for Japan Imports YoY. Japan Imports YoY - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.